Common use of Awareness Clause in Contracts

Awareness. In so far as Counterparty is not acting as a dealer or a market professional in the relevant market, this Transaction is entered into in accordance with its authorized policies for purposes of hedging or managing its assets, liabilities and/or investments or in connection with a line of business (and not for speculation).

Appears in 9 contracts

Sources: Isda Master Agreement (Long Beach Mortgage Loan Trust 2006-10), Confirmation (Long Beach Mortgage Loan Trust 2006-8), Confirmation (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He3)