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>