Common use of No Insurance or Guaranty Clause in Contracts

No Insurance or Guaranty. Counterparty understands, agrees and acknowledges that no obligations of Dealer to it hereunder shall be entitled to the benefit of deposit insurance and that such obligations shall not be guaranteed by any affiliate of Dealer or any governmental agency.

Appears in 7 contracts

Samples: Underwriting Agreement (Consolidated Edison Inc), Consolidated Edison Co of New York Inc, Consolidated Edison Co of New York Inc

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