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The following additional provisions apply to the Data including any data that is not current, real time traded prices and any other aspects of the Data relating to indicative prices, evaluated pricing or other information based on estimates or evaluations (all of the foregoing, collectively, the “Evaluations”):
Securities having Evaluations are typically complicated financial instruments and other assets having Evaluations are typically very difficult to value. There are many methodologies (including computer based analytical modeling and individual security and asset evaluations) available to generate Evaluations, and there is significant professional disagreement about which methodology (if any) is best or appropriate. No evaluation method, including those used by Ethos and its third party data suppliers (collectively, the “Evaluation Parties”), may consistently generate evaluations or estimates that correspond to actual “traded” prices of any relevant securities or other assets. Evaluations are subject to change at any time without notice and without any duty to update or inform you.
Evaluations may not reflect prices at which actual transactions may occur or have occurred or collateral calls may be made. The market price of securities, financial instruments and other assets can be determined only if and when executed in the market. There may be no, or may not have been any, secondary trading market for the relevant securities, financial instruments or other assets. Evaluations may incorporate information from the markets to which a source has access and, consequently, may not represent an estimate of the market price of the relevant security, financial instrument or other asset in other markets.
The methodologies used by the Evaluation Parties to provide the Evaluations may rely on approximations, estimates, models and other data and assumptions. Further, there may be errors or defects in the software, databases, calculations, methodologies, models, assumptions and other techniques and processes used by the Evaluation Parties. Accordingly, you acknowledge that Evaluations may contain or based on inaccuracies and may be inappropriate for use in certain contexts or applications.
Regardless of any efforts made by the Evaluation Parties, you assume all responsibility for the appropriateness of your use of the Evaluations and any other data contained in the Data. Evaluations are provided at your request for informational purposes only and are not intended as a pricing service or recommendation or as an offer or solicitation for the purchase or sale of any security or other asset. You should consult with your own auditors and other experts and advisors before deciding the uses to which the Evaluations may be put. The Evaluation Parties are not acting as your advisor, agent or fiduciary in providing any Evaluations.