Template:Nutshell 2002 ISDA Relationship Between Parties: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "'''{{isdaprov|Relationship Between Parties}}''': {{Nutshell 2002 ISDA No-Reliance}} {{Nutshell 2002 ISDA Assessment and Understanding}} {{Nutshell 2002 ISDA Relationship Statu..." |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
'''{{isdaprov|Relationship Between Parties}}''': | '''{{isdaprov|Relationship Between Parties}}''': | ||
{{Nutshell 2002 ISDA | :(a) {{Nutshell 2002 ISDA Non-Reliance}} | ||
{{Nutshell 2002 ISDA Assessment and Understanding}} | :(b) {{Nutshell 2002 ISDA Assessment and Understanding}} | ||
{{Nutshell 2002 ISDA Relationship Status of Parties}} | :(c) {{Nutshell 2002 ISDA Relationship Status of Parties}} | ||
Revision as of 09:29, 9 February 2023
- (a)
- (1) Non-Reliance:
- (a) It is acting for its own account, and has made its own independent decisions to enter into the Transaction having determined it is appropriate and proper having obtained such professional advice as it has considered necessary.
- (b) It is not relying on the other party for any investment advice or recommendation to enter into the Transaction, and it acknowledges that information about and explanations of the terms and conditions of a Transaction will not be considered as such.
- (c) Neither party gives any assurance or guarantee as to the expected results of the Transaction.
- (b)
- (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.
- (c)
- (3) Status of Parties. The other party is not advising it or acting as a fiduciary for the Transaction.