Common use of Evaluation and Understanding Clause in Contracts

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 36 contracts

Samples: Currency Swap Agreement, Currency Swap Agreement (Macquarie Leasing Pty LTD), Currency Swap Agreement (Macquarie Leasing Pty LTD)

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Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of the Agreement and that Transaction. It is also capable of assuming, and assumes, the financial and other risks of the Agreement and that Transaction.

Appears in 23 contracts

Samples: Isda Master Agreement (HarborView 2007-3), Isda Master Agreement (HarborView 2007-5), Isda Master Agreement (HarborView 2007-1)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 2 contracts

Samples: Master Agreement (Capital Auto Receivables Inc), Master Agreement (Capital Auto Receivables Inc)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional adviceadvice and, in the case of Party B, advice of the Manager), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 2 contracts

Samples: Isda Master Agreement (Macquarie Securitisation LTD), Isda Master Agreement (Macquarie Securitisation LTD)

Evaluation and Understanding. It is capable of assessing the merits of and evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 2 contracts

Samples: Master Agreement (PNC Student Loan Trust I), Master Agreement (PNC Student Loan Trust I)

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Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.; and

Appears in 2 contracts

Samples: Fixed Rate Swap Agreement (Macquarie Leasing Pty LTD), Fixed Rate Swap Agreement (Macquarie Leasing Pty LTD)

Evaluation and Understanding. It is capable of evaluating assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 2 contracts

Samples: 2002 Master Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Master Agreement (Capital One Auto Receivables Trust 2001-B)

Evaluation and Understanding. It is capable of evaluating assessing the merits of and understanding (on its own behalf or through independent professional advice), ) and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Samples: Master Agreement (Priceline Com Inc)

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