Common use of Nonreliance Clause in Contracts

Nonreliance. (i) It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction and (ii) it has consulted with its own legal, regulatory, tax, business, investment, financial and accounting advisors to the extent it has deemed necessary, and it has made its own investment, hedging and trading decisions based upon its own judgment and upon any advice from such advisors as it has deemed necessary and not upon any view expressed by the other party.

Appears in 100 contracts

Samples: HTM Novation Agreement, Pooling and Servicing Agreement (RASC Series 2007-Ks3 Trust), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf2)

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Nonreliance. (i) It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral)) regarding any Transaction hereunder, other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction and (ii) it has consulted with its own legal, regulatory, tax, business, investment, financial and accounting advisors to the extent it has deemed necessary, and it has made its own investment, hedging and trading decisions based upon its own judgment and upon any advice from such advisors as it has deemed necessary and not upon any view expressed by the other party.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt3), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Amc4), Pooling and Servicing Agreement (MortgageIT Securities Corp. Mortgage Loan Trust, Series 2007-2)

Nonreliance. (i) It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction and (ii) it has consulted with its own legal, regulatory, tax, business, investment, financial and accounting advisors to the extent it has deemed necessary, and it has made its own investment, hedging and trading decisions based upon its own judgment judgement and upon any advice from such advisors as it has deemed necessary and not upon any view expressed by the other party.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-A), Pooling and Servicing Agreement (IndyMac MBS Home Equity Mortgage Loan Asset Backed Trust, Series INABS 2006-D), Pooling and Servicing Agreement (IndyMac Residential Asset Securitization Trust 2005-A2)

Nonreliance. (i) It is not relying on any statement or representation of the other party regarding the any Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction and (ii) it has consulted with its own legal, regulatory, tax, business, investment, financial and accounting advisors to the extent it has deemed necessary, necessary and it has made its own investment, hedging and trading decisions based upon its own judgment and upon any advice from such advisors as it has deemed necessary and not upon any view expressed by the other party.

Appears in 5 contracts

Samples: Master Agreement (CWABS Asset-Backed Certificates Trust 2007-12), Master Agreement (CWABS Asset-Backed Certificates Trust 2007-9), Master Agreement (CWABS Asset-Backed Certificates Trust 2007-13)

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Nonreliance. (i) It is not relying on any statement or representation of the other party regarding the Transaction referenced in the Confirmation (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction Transaction, and (ii) it has consulted with its own legal, regulatory, tax, business, investment, financial and accounting advisors to the extent it has deemed necessary, and it has made its own investment, hedging and trading decisions based upon its own judgment and upon any advice from such advisors as it has deemed necessary and not upon any view expressed by the other party.

Appears in 1 contract

Samples: Master Agreement (Peoples Choice Home Loan Securities Trust Series 2005-4)

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