Template:ISDA Master Agreement 2002 Assessment and Understanding: Difference between revisions

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'''{{isdaprov|Assessment and Understanding}}'''. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that {{isdaprov|Transaction}}. It is also capable of assuming, and assumes, the risks of that {{isdaprov|Transaction}}. <br>
:(2) '''{{isdaprov|Assessment and Understanding}}'''. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that {{isdaprov|Transaction}}. It is also capable of assuming, and assumes, the risks of that {{isdaprov|Transaction}}. <br>

Latest revision as of 09:37, 9 February 2023

(2) Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.