Common use of Non-Reliance Clause in Contracts

Non-Reliance. Party A is acting for its own account and it has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 15 contracts

Samples: Master Agreement (PHH Alternative Mortgage Trust, Series 2007-2), Isda Master Agreement (Lehman XS Trust Series 2007-15n), Isda Master Agreement (Sasco 2006-S4)

AutoNDA by SimpleDocs

Non-Reliance. Party A is acting for its own account account, and it has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf entering into the Transaction pursuant to the terms of the Supplemental Interest TrustTrust Agreement. It Neither party is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 10 contracts

Samples: Series Supplement (Lehman Abs Corp Repac Ge Glob Ins FLT Rt Tr Cert Ser 2002-1), Series Supplement (Lehman Abs Corp Goldman Sachs Cap 1 Sec Backed Ser 2004-6), Series Supplement (Lehman Abs Corp Daimlerchrysler Debenture-Backed Ser 2004 3)

Non-Reliance. Party A is acting for its own account and it has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity capacity, but solely as Supplemental Interest Trust Trustee on behalf of for the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 7 contracts

Samples: Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa3 /DE), Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust Series 2007-Oa5 /DE), Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust Series 2007-2)

Non-Reliance. Party A is acting for its own account and it Wells Fargo Bank, National Association is acting as Securitxxx Administrator and Master Servicer for Party B. It has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-Fm3), Pooling and Servicing Agreement (GSAMP Trust 2006-Fm2), Pooling and Servicing Agreement (GSAMP Trust 2007-Fm2)

Non-Reliance. Party A is acting for its own account and it with respect to Party B, the Trustee is executing this Agreement as trustee on behalf of the Trust. Each party has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 5 contracts

Samples: Master Agreement (CNH Equipment Trust 2007-A), Pooling and Servicing Agreement (Home Equity Mortgage Trust 2006-6), Isda Master Agreement (RFMSI Series 2007-S1 Trust)

Non-Reliance. Party A is acting for its own account and it with respect to Party B, the Trustee is executing this Agreement as Trustee on behalf of Party B. Each party has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 4 contracts

Samples: Swap Schedule (Credit Suisse First Boston Mortgage Securities Corp), Swap Schedule (Home Equity Asset Trust 2007-2), Isda Master Agreement (Home Equity Asset Trust 2006-8)

Non-Reliance. Party A It is acting for its own account (in the case of Party B as Trustee for the Trust), and it has made its own independent decisions decision to enter into that this Transaction and as to whether that this Transaction is appropriate or proper for it based upon its own judgment judgement (and in the case of Party B also the Manager) and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that this Transaction; it being understood that information and explanations related to the terms and conditions of a this Transaction shall not be considered investment advice or a recommendation to enter into that this Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that this Transaction.

Appears in 4 contracts

Samples: Isda Schedule to the Master Agreement for Interest Rate Swap (Crusade Global Trust No. 1 of 2007), Isda Schedule to the Master Agreement for Basis Swap (Crusade Global Trust No. 1 of 2007), Isda Schedule to the Master Agreement for Basis Swap (Crusade Global Trust No. 2 of 2006)

Non-Reliance. Party A is acting for its own account and, with respect to Party B, the Trustee is acting on behalf of the trust under the Pooling and it Servicing Agreement. Each party has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 3 contracts

Samples: Isda Master Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Cb5), Pooling and Servicing Agreement (Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-W2), Pooling and Servicing Agreement (GSAMP Trust 2006-He2)

Non-Reliance. Party A is acting for its own account and it with respect to Party B, the Trustee is executing this Agreement as Trustee on behalf of the Trust. Each party has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 2 contracts

Samples: Swap Schedule (Credit Suisse First Boston Mortgage Securities Corp), Swap Schedule (Credit Suisse First Boston Mortgage Securities Corp)

Non-Reliance. Party A is acting for its own account and it with respect to Party B, the Trustee is executing this Agreement as Trustee on behalf of the Supplement Interest Trust. Each party has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 2 contracts

Samples: Swap Schedule (Asset Backed Securities Corp Home Equity Loan Trust, Series RFC 2007-He1), Swap Schedule (Asset Backed Securities CORP Home Equity Loan Trust, Series 2006-He7)

Non-Reliance. Party A is acting for its own account and it has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee Securities Administrator on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Isda Master Agreement (HarborView 2007-7)

Non-Reliance. Party A is acting for its own account and it with respect to Party B, the Trustee is executing this Agreement as Trustee on behalf of the Supplemental Interest Trust. Each party has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Swap Schedule (Asset Backed Securities CORP Home Equity Loan Trust, Series MO 2006-He6)

AutoNDA by SimpleDocs

Non-Reliance. Party A is acting for its own account and it Wells Fargo Bank, National Xxxxxiation is acting as Securities Administrator and Master Servicer for Party B. It has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-H1)

Non-Reliance. Party A is acting for its own account and it Wells Fargo Bank, N.A. is acting as master servicer and securities administrator for Party B. It has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Isda Master Agreement (GSAA Home Equity Trust 2006-2)

Non-Reliance. Party A is acting for its own account and it has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Party B is acting not in its individual capacity capacity, but solely as Trustee on behalf of Securities Administrator under the Supplemental Interest TrustPooling and Servicing Agreement. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)

Non-Reliance. Party A is acting for its own account and it Wells Fargo Bank, N.A. is acting ax xxxter servicer and securities administrator for Party B. It has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Isda Master Agreement (GSAA Home Equity Trust 2006-4)

Non-Reliance. Party A is acting for its own account and it Wells Fargo Bank, National Association is acting as Secuxxxxxs Administrator and Master Servicer for Party B. It has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Isda Master Agreement (GSAA Home Equity Trust 2006-14)

Non-Reliance. Party A is acting for its own account and it Wells Fargo Bank, N.A. is acting as securities adminisxxxxxr for Party B. It has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Isda Master Agreement (GSAA Home Equity Trust 2006-8)

Non-Reliance. Party A is acting for its own account and it Wells Fargo Bank, N.A. is acting as Securities Administratox xxx Master Servicer for Party B. It has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors advisers as it has deemed necessary. Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction; it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-He2)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!