Template:Nutshell 2002 ISDA Assessment and Understanding: Difference between revisions

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:(2) '''{{isdaprov|Assessment and Understanding}}'''. It can assess the merits and understand (with professional advice if needed), and understands and accepts the terms and risks of the {{isdaprov|Transaction}} and can and does assume them. <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 10:14, 9 February 2023

(2) Assessment and Understanding. It can assess the merits and understand (with professional advice if needed), and understands and accepts the terms and risks of the Transaction and can and does assume them.
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