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 this Agreement and each Transaction hereunder. It is also capable of assuming, and assumes, all financial and other risks of this Agreement and each Transaction hereunder.

Appears in 183 contracts

Samples: Master Agreement, Master Agreement (First Franklin Mortgage Loan Trust 2006-Ff17), Master Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-4)

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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 this Agreement and each Transaction hereunderthat Transaction. It is also capable of assuming, and assumes, all the financial and other risks of this Agreement and each Transaction hereunderthat Transaction.

Appears in 62 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Isda 2002 Master Agreement (FS Investment Corp III), Isda 2002 Master Agreement (FS Investment Corp IV)

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 this Agreement and each Transaction hereunderTransaction. It is also capable of assuming, and assumes, all financial and other risks of this Agreement and each Transaction hereunderTransaction.

Appears in 8 contracts

Samples: Master Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-Oc2), Master Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-Oci), Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He2)

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

Appears in 7 contracts

Samples: Master Agreement (New Century Financial Corp), Master Agreement (New Century Financial Corp), Master Agreement (Accredited Home Lenders Holding Co)

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 this Agreement and each Transaction hereundersuch Transaction. It is also capable of assuming, and assumes, all the financial and other risks of this Agreement and each Transaction hereunder.such Transaction;

Appears in 6 contracts

Samples: Sierra Income Corp, Sierra Income Corp, Sierra Income Corp

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

Appears in 4 contracts

Samples: Master Agreement (Westpac Securitisation Management Pty LTD), Master Agreement (Westpac Securitisation Management Pty LTD), 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 this Agreement and each Transaction hereunderthat Transaction. It is also capable of assuming, and assumes, all the financial and other risks of this Agreement and each Transaction hereunderthat Transaction.

Appears in 3 contracts

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

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

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Cert Ser 2002 3), Pooling and Servicing Agreement (Long Beach Securities Corp Asset Backed Certs Series 2002-5), Pooling and Servicing Agreement (Long Beach Sec Corp Mortgage Loan Trust 2002-4)

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

Appears in 3 contracts

Samples: Master Agreement (Lehman XS Trust 2006-11), Master Agreement (Lehman XS Trust 2006-11), Master Agreement (Lehman XS Trust, Series 2006-8)

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 this Agreement and each Transaction hereunderTransaction. It is also capable of assuming, and assumes, all financial and other risks of this Agreement and each Transaction hereunder.Transaction;

Appears in 1 contract

Samples: Master Agreement (Long Beach Mortgage Loan Trust 2006-10)

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

Appears in 1 contract

Samples: Assignment Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-A)

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

Appears in 1 contract

Samples: Maine Public Service Co

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