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

Appears in 45 contracts

Samples: Pooling and Servicing Agreement, Master Agreement (Carrington Mortgage Loan Trust, Series 2007-Rfc1), Master Agreement (Carrington Mortgage Loan Trust, Series 2007-Fre1)

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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 that Transaction. It is also capable of assuming, and assumes, the financial and other risks of this that Transaction.

Appears in 36 contracts

Samples: Master Agreement, Swap Agreement (Macquarie Leasing Pty LTD), 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 this the Agreement and that Transaction. It is also capable of assuming, and assumes, the financial and other risks of this the Agreement and that Transaction.

Appears in 23 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Cw1), Master Agreement (HarborView 2007-3), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Asap5)

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

Appears in 18 contracts

Samples: Master Agreement (Thornburg Mortgage Securities Trust 2007-1), Master Agreement (Thornburg Mortgage Securities Trust 2007-2), Pooling Agreement (Citicorp Mortgage Securities Inc)

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

Appears in 5 contracts

Samples: Master Agreement (Interstar Securitisation Management Pty LTD), Isda Master Agreement (Interstar Securitisation Management Pty LTD), Master Agreement (Interstar Securitisation Management Pty LTD)

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 this that Transaction. It is also capable of assuming, and assumes, the financial and other risks of this 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)

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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 this that Transaction. It is also capable of assuming, and assumes, the financial and other risks of this that Transaction.

Appears in 2 contracts

Samples: Macquarie Securitisation LTD, Macquarie Securitisation LTD

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 this that Transaction. It is also capable of assuming, and assumes, the financial and other risks of this that Transaction.

Appears in 2 contracts

Samples: 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 this Transaction. It is also capable of assuming, and assumes, the financial and other risks of this Transaction.. (e)

Appears in 1 contract

Samples: Bj Services Co

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