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Section {{eqderivprov|13.1}}. '''{{eqderivprov|Non-Reliance}}'''. If “{{eqderivprov|Non-Reliance}}” | Section {{eqderivprov|13.1}}. '''{{eqderivprov|Non-Reliance}}'''. If “{{eqderivprov|Non-Reliance}}” applies then each party represents to the other that: <br> | ||
:(a) it is entering into such {{eqderivprov|Transaction}} as principal | :(a) it is entering into such {{eqderivprov|Transaction}} as [[principal]]; <br> | ||
:(b) | :(b) the other party is not its [[fiduciary]]; <br> | ||
:(c) it is not relying upon any representations | :(c) it is not relying upon any representations not made in writing under the {{isdama}} or any {{eqderivprov|Confirmation}}s; <br> | ||
:(d) it has | :(d) it has sought such independent advice as it considers necessary, and it has made its own decisions based upon that advice and its own judgment and not upon anything said or done by the other party; and <br> | ||
:(e) it | :(e) it fully understands the {{eqderivprov|Transaction}} and is willing and able to assume the attendant risks. <br> |