Common use of Evaluation and Understanding Clause in Contracts

Evaluation and Understanding. (i) It is acting for its own account and has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction; it is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into such transaction; it being understood that information and explanations related to the terms and conditions of such transaction shall not be considered investment advice or a recommendation to enter into such 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 the transaction; and

Appears in 15 contracts

Samples: Pooling and Servicing Agreement (Dsla 2007-Ar1), Letter Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar1), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa2)

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Evaluation and Understanding. (i) It Each Party is acting for its own account and has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction; it is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into such transaction; it being understood that information and explanations related to the terms and conditions of such transaction shall not be considered investment advice or a recommendation to enter into such 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 the transaction; and

Appears in 12 contracts

Samples: Letter Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Oa1), Pooling and Servicing Agreement (HarborView 2006-11), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Eq1)

Evaluation and Understanding. (i) It is acting for its own account and account, has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction; it is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into such transaction; it being understood that information and explanations related to the terms and conditions of such transaction shall not be considered investment advice or a recommendation to enter into such 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 the transaction; and

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Funding Corp C-Bass Mortgage Loan Asset-Backed Certificates, Series 2004-Cb5), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-He2)

Evaluation and Understanding. (i) It is acting for its own account and has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction; it is not relying on any communication (written or oral) of the other party as Party As investment advice or as a recommendation to enter into such transaction; it being understood that information and explanations related to the terms and conditions of such transaction shall not be considered investment advice or a recommendation to enter into such 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 the transaction; and

Appears in 2 contracts

Samples: Master Agreement (Deutsche Alt-a Securities Inc), Master Agreement (Banc of America Funding 2006-I Trust)

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Evaluation and Understanding. (i) It it is acting for its own account and has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision independent decisions to enter into the Transaction; this Transaction and as to whether this Transaction is appropriate or proper for it based upon 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 such transactionthis Transaction; it being understood that information and explanations related to the terms and conditions of such transaction this Transaction shall not be considered investment advice or a recommendation to enter into such transactionthis Transaction. No communication (written or oral) It has not received from the other party shall be deemed to be an any assurance or guarantee as to the expected results of the transaction; andthis Transaction.

Appears in 1 contract

Samples: Custodial Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-A3)

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