These Materials (which term includes, where the context permits, text, content, spreadsheets incorporating macros and electronic interfaces, and their underlying assumptions, conversions, formulae, algorithms, calculations and other mathematical and financial techniques) are made available to members of the Loan Market Association to facilitate the documentation of transactions in the loan markets. None of the Loan Market Association, Allen & Overy or Clifford Chance accept any responsibility for any use to which these Materials may be put or for any loss, damage or liability whatsoever arising from such use. None of the Loan Market Association, Allen & Overy or Clifford Chance has reviewed the laws of any jurisdiction which may apply to either party to an agreement using these Materials and its subject matter. Members should therefore consider all the relevant legal, accounting and regulatory issues before using these Materials or entering into a transaction under them and, if appropriate, consult their professional advisers.
In relation to recommended form documents, members are responsible for ensuring that the precise form and content of the documentation for a particular transaction is appropriate. Members should therefore satisfy themselves that the documents and any modifications to them are appropriate in the circumstances and the economic intentions of the parties.
The Loan Market Association consents to the use, reproduction and transmission of these Materials by members of the Loan Market Association only for the preparation and documentation of agreements relating to transactions or potential transactions in the loan markets. The Loan Market Association does not consent to the use, reproduction or transmission of these Materials for any other purpose, in any other manner or by any other person and expressly reserves all other rights.
In relation to the use of the Breakfunding Calculator (the "Calculator") whilst the Loan Market Association has taken reasonable skill and care to ensure that, when used correctly, the Calculator produces accurate guidance as to breakfunding costs, the Loan Market Association makes no representation or guarantee that information obtained from use of the Calculator will be complete, accurate or reliable. Results are provided without any warranty of any kind, express or implied. The proper working of the Calculator is reliant upon the correct input by users of information into all fields necessary to produce results. Failure by a user to input information fully and correctly is likely to lead to incorrect or misleading results produced by the Calculator, for which the Loan Market Association will not be responsible.