Miscellaneous Clause Example from Business Contracts

Miscellaneous. UBS Securities, LLC ("UBS"), an indirect, wholly owned subsidiary of UBS AG, is not a bank and is separate from any affiliated bank, including any U.S. branch or agency of UBS AG. Because UBS is a separately incorporated entity, it is solely responsible for its own contractual obligations and commitments, including obligations with respect to sales and purchases of securities. Securities sold, offered or recommended by UBS are not deposits, are not insured by the Federal Deposit Insurance Corpor...ation, are not guaranteed by a branch or agency, and are not otherwise an obligation or responsibility of a branch or agency. View More