Template:Nutshell Equity Derivatives 13.3: Difference between revisions
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{{eqderivprov|13.3}}. '''{{eqderivprov|Index Disclaimer}}'''. If “{{eqderivprov|Index Disclaimer}}” applies: | |||
:(a) '''{{eqderivprov|Index Sponsor}} not involved''': Each party agrees that the {{eqderivprov|Index Sponsor}} does not endorse the {{eqderivprov|Transaction}}, make any representations about the {{eqderivprov|Index}}, the {{eqderivprov|Transaction}} or their respective performance and will not be liable to anyone for any error in the {{eqderivprov|Index}} nor obliged advise anyone of any such error. | :(a) '''{{eqderivprov|Index Sponsor}} not involved''': Each party agrees that the {{eqderivprov|Index Sponsor}} does not endorse the {{eqderivprov|Transaction}}, make any representations about the {{eqderivprov|Index}}, the {{eqderivprov|Transaction}} or their respective performance and will not be liable to anyone for any error in the {{eqderivprov|Index}} nor obliged advise anyone of any such error. | ||
:(b) '''Parties not liable for {{eqderivprov|Index Sponsor}}''': Neither party is affiliated with the {{eqderivprov|Index Sponsor}} will be liable for any act or omission of the {{eqderivprov|Index Sponsor}} relating to the {{eqderivprov|Index}}, or represents, warrants, undertakes or accepts any responsibility for any aspect of the {{eqderivprov|Index}}. <br> | |||
Latest revision as of 11:54, 13 May 2022
13.3. Index Disclaimer. If “Index Disclaimer” applies:
- (a) Index Sponsor not involved: Each party agrees that the Index Sponsor does not endorse the Transaction, make any representations about the Index, the Transaction or their respective performance and will not be liable to anyone for any error in the Index nor obliged advise anyone of any such error.
- (b) Parties not liable for Index Sponsor: Neither party is affiliated with the Index Sponsor will be liable for any act or omission of the Index Sponsor relating to the Index, or represents, warrants, undertakes or accepts any responsibility for any aspect of the Index.