Disclaimer

3/12/04

Disclaimer

This GFOA YieldAdvantage web site ("YieldAdvantage"), and the information provided on YieldAdvantage, is provided "AS IS", without warranty whatsoever. The Government Finance Officers Association (GFOA) and the YieldAdvantage web site’s administrator, Grant Street Group (GSG), hereby disclaim any and all warranties with respect to YieldAdvantage and the information provided on YieldAdvantage, including without limitation any implied warranties of merchantability and/or fitness for a particular purpose.

YieldAdvantage serves only as the medium through which solicitations/auctions are conducted. Neither GFOA nor GSG is liable or responsible for the terms, rates, settlement, collateral or any other condition by which any Buyer or Seller (hereinafter, a "User") offers or accepts funds.

Neither GFOA nor GSG is acting as any User’s principal or agent in any transaction agreed to through the use of YieldAdvantage. Neither GFOA nor GSG is liable or responsible to any User or any third party for the accuracy of any User’s solicitations. In addition, neither GFOA nor GSG is liable or responsible to any User or third party for the completion or settlement of transactions agreed to by Users. All Users are responsible for ensuring that their use of YieldAdvantage is consistent with applicable laws and regulations. Neither GFOA nor GSG accepts responsibility to any User or third party for any User’s compliance with such applicable laws and regulations. GFOA and GSG disclaim any liability with regard to transactions resulting from the use of YieldAdvantage. Neither GFOA nor GSG is responsible for resolving any disputes relating to any completed or uncompleted transaction initiated through YieldAdvantage.

Neither GFOA nor GSG will be liable or responsible for any loss or damage that could result from interception by third parties of any information made available to Users via YieldAdvantage. Neither GFOA nor GSG shall be liable or responsible for any loss or damage that could result from any inadvertent disclosure of confidential information via YieldAdvantage.

Neither GFOA nor GSG, nor any of their respective affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that any User incurs in the event of any failure or interruption of YieldAdvantage. In addition, neither GFOA nor GSG, nor any of their respective affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage resulting from the act or omission of any other party involved in making YieldAdvantage or the information contained therein available to Users, or from any other cause relating to a User’s access to, inability to access, or use of, YieldAdvantage or the information contained therein, whether or not the circumstances giving rise to such cause may have been within the control of GFOA or GSG or of any vendor of GSG providing support services.

In no event will GFOA or GSG, their respective affiliates, or third party vendors be liable to any User for any direct, special, indirect, consequential, incidental, tort or any other damages of any kind (including without limitation damages or costs relating to the loss of profits, business, goodwill, data, or computer programs), even if GFOA or GSG, their respective affiliates or third party vendors have been advised of the possibility thereof.

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