Non-Reliance definition

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Non-Reliance shall be "Applicable". "Agreements and Acknowledgements regarding Hedging Activities" shall be

Non-Reliance. Each party represents to the other party that it is acting for its own account, and has made its own independent decisions to enter into this Transaction and as to whether this Transaction is appropriate or proper for it based on its own judgment and upon advice from such 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 this Transaction, it being understood that information and explanations related to the terms and conditions of this Transaction shall not be considered investment advice or a recommendation to enter into 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 this Transaction. Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us. Best Regards, MMCA AUTO OWNER TRUST 2001-2 By: WILMINGTON TRUST COMPANY, not in its individual capacity nor as a principal to this Agreement, but solely as Owner Trustee By: ______________________________ Name: Title: [ ] By: ______________________________ Name: Title: Class A-2 Swap Confirmation [ ], 2001 To: [ ] From: MMCA Auto Owner Trust 2001-2 c/o Wilmington Trust Company, as Owner Trustee ▇▇▇▇▇▇ Square North ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: Corporate Trust Administration Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Re: Confirmation Relating to MMCA 2001-2 Class A-2 Notes Interest Rate Swap ------------------------------------------------------------- [ ] Reference: [ ] [ ] Admin. #: [ ] MMCA Reference: [ ] Ladies and Gentlemen:

Examples of Non-Reliance in a sentence

Determining Party: Banco Bilbao Vizcaya Argentaria, S.A. Non-Reliance: Applicable.
Non-Reliance) and Section 9.5 (Notice of Termination; Effect of Termination and Abandonment) and the Confidentiality Agreement shall survive any termination of this Agreement and any abandonment of the transactions contemplated by this Agreement.
Non-Reliance on Administrative Agent and Other Lenders 67 Section 7.08.
Non-Reliance on Administrative Agent and Other Lenders 64 Section 7.08.
Non-Reliance on Administrative Agent, Collateral Agent and Other Lenders 178 Section 9.08.
It is understood and agreed that, in the event that the Non-Reliance Conclusion is not made by the Audit Committee, Parent shall not be required to deliver the items described in clauses (a) and (b) of this Section 3.
Non-Reliance on Administrative Agent and Other Banks SECTION 7.08.
Non-Reliance: Applicable Agreements and Acknowledgments Regarding Hedging Activities: Applicable Additional Acknowledgments: Applicable Additional Extraordinary Events: Each event that may cause and increase or reduction in the number of Shares comprised in the Basket.
A notice of the Administrative Agent to any Lender under this Section 9.7.2 [Non-Reliance on Administrative Agent and Other Lenders; Acknowledgments] shall be conclusive, absent manifest error.
THE AGENTS 39 Section 11.1. Authorization and Action 39 Section 11.2. Delegation of Duties 40 Section 11.3. Exculpatory Provisions 40 Section 11.4. Reliance by Agents 41 Section 11.5. Non-Reliance on Other Agents and Other Lenders 41 Section 11.6. Reimbursement and Indemnification 42 Section 11.7. Agents in their Individual Capacities 42 Section 11.8. Conflict Waivers 42 Section 11.9. UCC Filings 42 Section 11.10.

More Definitions of Non-Reliance

Non-Reliance. Each party to this Transaction represents to the other that: (a) it is entering into this Transaction as principal (and not as agent or in any other capacity); (b) neither the other party nor any of its Affiliates or agents are acting as a fiduciary for it; (c) it is not relying upon any representations except those expressly set forth herein or in the ISDA Master Agreement (including this Confirmation); (d) it has consulted with its own legal, regulatory, tax, business, investments, financial, and accounting advisors to the extent that it has deemed necessary, and it has made its own investments, 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 or any of its Affiliates or agents; and (e) it is entering into this Transaction with a full understanding of the terms, conditions and risks thereof and it is capable of and willing to assume such risks. Agreements and Acknowledgements Regarding Hedging Activities: Applicable Additional Acknowledgements: Applicable

Non-Reliance on the plain view doctrine means that should the government come upon evidence of one crime while executing a warrant for a separate crime, they cannot seize evidence because the plain view exception is unavailable. The court explained that if the government refuses to waive reliance on the plain view doctrine, the magistrate judge should order that the seizable and non-seizable data as described by the warrant be separated by an independent third party under the supervision of the court or should deny the warrant altogether.113

Non-Reliance shall be “Applicable”. “Agreements and Acknowledgements regarding regarding Hedging Activities” shall be “Applicable”. Additional Acknowledgements shall be “Applicable”. IN WITNESS whereof this Loan Agreement has been executed on the date stated above. CONDITIONS PRECEDENT