Common use of Credit Risks Clause in Contracts

Credit Risks. We may not always be your contractual counterparty or the issuer under certain transactions. Where we are not your contractual counter party or the issuer, your contractual counter party or a third party issuer, and not us, will be liable to you under the transaction or otherwise in respect of a product purchased by you. Accordingly, in considering whether to enter into such transaction, you should take into account all risks associated with such counter party or third party issuer, including the counter party’s or issuer’s financial standing. Certain transactions also involve the assumption by you of credit risks that you should ensure that you are able to evaluate.

Credit Risks. We may not always be your contractual counterparty or the issuer under certain transactions. Where we are not your contractual counter party counterparty or the issuer, your contractual counter party counterparty or a third party issuer, and not us, will be liable to you under the transaction or otherwise in respect of a product purchased by you. Accordingly, in considering whether to enter into such transaction, you should take into account all risks associated with such counter party counterparty or third party issuer, including the counter partycounterparty’s or issuer’s financial standing. Certain transactions also involve the assumption by you of credit risks that which you should ensure that you are able to evaluate.