Common use of Evaluation and Understanding Clause in Contracts

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 64 contracts

Sources: Isda Master Agreement (Arcos Dorados Holdings Inc.), Schedule to the Isda 2002 Master Agreement (Granite Ridge Resources, Inc.), Restructuring Support Agreement (Gulfport Energy Corp)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 36 contracts

Sources: Currency Swap Agreement, Currency Swap Agreement (Macquarie Leasing Pty LTD), Currency Swap Agreement (Macquarie Leasing Pty LTD)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that the Agreement and the Transaction. It is also capable of assuming, and assumes, the financial and other risks of that the Agreement and the Transaction.

Appears in 18 contracts

Sources: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Isda Master Agreement (Thornburg Mortgage Securities Trust 2007-1), Isda Master Agreement (Thornburg Mortgage Securities Trust 2007-2)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional adviceadvice including the Trust Manager), and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.;

Appears in 4 contracts

Sources: Master Agreement (Westpac Securitisation Management Pty LTD), Isda Master Agreement (Westpac Securitisation Management Pty LTD), Isda Master Agreement (Westpac Securitisation Management Pty LTD)

Evaluation and Understanding. It is capable of evaluating evaluation and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2003-Bc1), Transaction Confirmation (Chesapeake Funding LLC), Confirmation (Chesapeake Funding LLC)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional adviceadvice and, in the case of Party B, advice of the Manager), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 2 contracts

Sources: Isda Master Agreement (Macquarie Securitisation LTD), Isda Master Agreement (Macquarie Securitisation LTD)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 2 contracts

Sources: Master Agreement (Capital Auto Receivables Inc), Master Agreement (Capital Auto Receivables Inc)

Evaluation and Understanding. It is capable of evaluating assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 2 contracts

Sources: 2002 Master Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Master Agreement (Capital One Auto Receivables Trust 2001-B)

Evaluation and Understanding. It is capable of assessing the merits of and evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 2 contracts

Sources: Master Agreement (PNC Student Loan Trust I), Master Agreement (PNC Student Loan Trust I)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.; and

Appears in 2 contracts

Sources: Fixed Rate Swap Agreement (Macquarie Leasing Pty LTD), Fixed Rate Swap Agreement (Macquarie Leasing Pty LTD)

Evaluation and Understanding. It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks (economic and otherwise) of that this Transaction. It has adequate expertise in financial matters to evaluate those terms and risks and is also capable of assumingassuming (financially and otherwise), and assumes, the financial and other risks of that this Transaction.

Appears in 2 contracts

Sources: Issuer Call Spread Transaction (Computer Associates International Inc), Issuer Call Spread Transaction (Computer Associates International Inc)

Evaluation and Understanding. It is capable of evaluating assessing the merits of and understanding (on its own behalf or through independent professional advice), ) and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 1 contract

Sources: Master Agreement (Priceline Com Inc)