Common use of Non-Reliance Clause in Contracts

Non-Reliance. It is acting for its own account, and it has made its own decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and advice from such advisers as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It is acting for its own account, and it has made its own decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and advice from such advisers as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 advisers advisors as it has deemed necessary. 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. It Further, such party has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 advisers as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 judgement and upon advice from such advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 the Trust Manager and such advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.;

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that such Transaction and as to whether that such Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisers advisors as it has deemed necessary. 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 such Transaction; it being understood that information and explanations related to the terms and conditions of a such Transaction shall not be considered investment advice or a recommendation to enter into that such Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that such Transaction.;

Non-Reliance. It 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 advice from such advisers as it has deemed necessary. 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. It has not No communication (written or oral) received from the other party any shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that this Transaction and as to whether that this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisers as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It is acting for its own account, and it has made its own decisions independent 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 upon advice from such advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It 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 advisers advisors as it has deemed necessary. 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. It has not No communication (written or oral) received from the other party any shall be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 advisers as it has deemed necessary. 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 will not be considered investment advice or a EXECUTION VERSION recommendation to enter into that Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It is acting for its own account, and it has made its own decisions independent 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 and upon advice from such advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It 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 judgement and upon advice from such advisers advisors as it has deemed necessary. 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. It Further, such party has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions 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 upon advice from such advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that this Transaction and as to whether that this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that this Transaction and as to whether that this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisers advisors as it has deemed necessary. It is not relying on any communication (written or oral) of from 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It 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 advisers as it has deemed necessary. 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 will not be considered investment advice or a recommendation to enter into that Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that the Transaction.

Non-Reliance. It 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 judgement and upon advice from such advisers as it has deemed necessary. 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 will not be considered investment advice or a any recommendation to enter into that Transaction. It has not No communication (written or oral) received from the other party any will be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 judgement and upon advice from such advisers as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that the Transaction.

Non-Reliance. It 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 advisers advisors as it has deemed necessary. 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 as a recommendation to enter into that Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions 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 upon advice from such advisers advisors as it has deemed necessary. It is not relying on any communication (written or oral) of from 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It 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 advice from such advisers as it has deemed necessary. 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 will not be considered investment advice or a recommendation to enter into that Transaction. It has not No communication (written or oral) received from the other party any will be deemed to be on assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that this Transaction and as to whether that this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisers advisors as it has deemed necessary. It is not relying on any communication (written or oral) of from the other party as investment advice or as am 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that a Transaction and as to whether that a Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisers advisors as it has deemed necessary. 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 a 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 a Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that a Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that this Transaction and as to whether that this Transaction is appropriate or proper for it based upon its own judgment and advice upon advise from such advisers advisors as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice advise 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 advise or a recommendation to enter into that this Transaction. It has not received from the other party any assurance or guarantee (written or oral) as to the expected results of that this Transaction.

Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that this Transaction and as to whether that this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisers advisors as it has deemed necessary. 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 infonnation 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. It has not received from the other party any assurance or guarantee as to the expected results of that this Transaction.

Non-Reliance. It 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 advisers as it has deemed necessary. 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 explorations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 judgement and upon advice from such advisers advisors as it has deemed necessary. 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. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.. Schedule to ISDA Master Agreement

Non-Reliance. It 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 judgement and upon advice from such advisers as it has deemed necessary. It II 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 will not be considered investment advice or a any recommendation to enter into that Transaction. It has not No communication (written or oral) received from the other party any will be deemed to be an assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 advice upon advise from such advisers advisors as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice advise 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 advise or a recommendation to enter into that Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It 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 judgement and upon advice from such advisers advisors as it has deemed necessary. 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. It has not received from the other party any an assurance or guarantee as to the expected results of that Transaction.

Non-Reliance. It is acting for its own account, and it has made its own decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and advice from such advisers as it has deemed necessary. 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 will not be considered investment advice or a recommendation to enter into that Transaction. It has not received from the other party any assurance or guarantee as to the expected results of that Transaction.