Non-Reliance Representation and Acknowledgement of Risks Sample Clauses

Non-Reliance Representation and Acknowledgement of Risks. The Customer confirms that it is acting for its own account and it is capable of evaluating the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of the Services and each Investment. The Customer acknowledges that (a) the Bank is not acting as a fiduciary for or an adviser to the Customer in respect of the Services and each Investment shall be deemed to have been entered into by the Customer in reliance only upon its own judgement; (b) although the Bank may provide the Customer access to recommendations and research relating to the Services and/or Investments, all orders are placed and the Transactions are entered at the Customer’s sole responsibility and risk in reliance of the Customer’s own judgement and based on the Customer’s own independent evaluation of the suitability of such recommendations. The Bank does not hold itself out as advising, or any of its employees or agents as having its authority to advise the Customer as to whether or not the Customer should enter into any Transactions or as to any subsequent actions relating thereto or on any other commercial matters concerned with any Transaction and the Bank shall have no responsibility or liability whatsoever in respect of any advice of this nature given or view expressed, by it or any of such persons to the Customer, whether or not such advice is given or such view are expressed at the Customer’s request.
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Related to Non-Reliance Representation and Acknowledgement of Risks

  • No Reliance On Representations Each party hereby represents and warrants that it is not relying, and has not relied upon any representation or statement made by the other party with respect to the facts involved or its rights or duties. Each party understands and agrees that the facts relevant, or believed to be relevant to this Contract, may hereunder turn out to be other than, or different from the facts now known to such party as true, or believed by such party to be true. The parties expressly assume the risk of the facts turning out to be different and agree that this Contract shall be effective in all respects and shall not be subject to rescission by reason of any such difference in facts.

  • False Representation Contractor understands, acknowledges, and agrees that any false representation or any failure to comply with a representation, warranty, or certification made by Contractor is subject to all civil and criminal consequences provided at law or in equity including, but not limited to, immediate termination of this Contract.

  • Exclusive Representation The Employer shall not enter into any agreements with the employees covered by this Agreement either individually or collectively or with any other employee organization which in any way conflicts with the terms and provisions of this Agreement. Further, the Employer shall meet and negotiate, pursue the resolution of grievances and conduct arbitration proceedings only with the properly designated representative(s) of the Union.

  • ACKNOWLEDGEMENT OF RISKS Client hereby acknowledges, that: (i) Digital Assets are not legal tender, are not backed by any government, and are not subject to protections afforded by the Federal Deposit Insurance Corporation or Securities Investor Protection Corporation; (ii) Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and/or value of Digital Assets; (iii) transactions in Digital Assets are irreversible, and, accordingly, Digital Assets lost due to fraudulent or accidental transactions may not be recoverable; (iv) certain Digital Assets transactions will be deemed to be made when recorded on a public blockchain ledger, which is not necessarily the date or time that Client initiates the transaction or such transaction enters the pool; (v) the value of Digital Assets may be derived from the continued willingness of market participants to exchange any government issued currency (“Fiat Currency”) for Digital Assets, which may result in the permanent and total loss of value of a Digital Asset should the market for that Digital Asset disappear; (vi) the volatility of the value of Digital Assets relative to Fiat Currency may result in significant losses; (vii) Digital Assets may be susceptible to an increased risk of fraud or cyber-attack; (viii) the nature of Digital Assets means that any technological difficulties experienced by a Coinbase Entity may prevent the access or use of Client Digital Assets; and (ix) any bond or trust account maintained by Coinbase Entities for the benefit of its customers may not be sufficient to cover all losses (including Losses) incurred by customers.

  • Survival of Representations All representations and warranties made herein or in any other Loan Document or in certificates given pursuant hereto or thereto shall survive the execution and delivery of this Agreement and the other Loan Documents, and shall continue in full force and effect with respect to the date as of which they were made as long as any credit is in use or available hereunder.

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