Terms of Use

 

ACCESS

This Web site and the information, tools and material contained in it (this "Site") are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation or which would subject SPP Credit or any of its subsidiaries or affiliates to any registration or licensing requirement within such jurisdiction.

NO OFFER

The information, tools and material presented in this Site are provided to you for informational purposes only and are not to be used or considered as an offer or a solicitation to sell or an offer or solicitation to buy or subscribe for securities or other financial instruments, nor to constitute any advice or recommendation with respect to such securities or other financial instruments. The Site's contents may not be reproduced in whole or in part or otherwise be made available without the prior written consent of SPP Credit. Information and opinions presented in this Site have been obtained or derived from sources believed by SPP Credit to be reliable, but SPP Credit akes no representation as to their accuracy or completeness. SPP Credit accepts no liability for any loss arising from the use of the material presented in this Site. SPP Credit and/or its affiliates may, to the extent permitted by applicable law and/or regulation, participate or invest in financing transactions with the issuer(s) of the securities referred to in this Site, perform services for or solicit business from such issuers, and/or have a position or holding, or other material interest or effect transactions in such securities or options thereon or investments related thereto. SPP Credit may, to the extent permitted by applicable law and/or regulation, act upon or use the information or opinions presented on this Site, or the research or analysis on which they are based, before the material is published. SPP  Credit may have, within the last three years, served as manager or co-manager of a public offering of securities for, or currently may make a primary market in issues of, any or all of the entities referred to on this Site or may be providing, or have provided within the previous 12 months, significant advice or investment services in relation to the investment concerned or a related investment. Additional information is, subject to duties of confidentiality, available on request. Some investments referred to on this Site will be offered solely by a single entity and in the case of some investments solely by SPP Credit, or an associate of SPP Credit or SPP Credit may be the only market maker in such investments.

DISCLAIMER OF WARRANTIES

Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Opinions and/or estimates reflect a judgment at the original date of publication by SPP Credit and are subject to change without notice. The price of, value of and income from any of the securities or financial instruments mentioned in this Site can fall as well as rise. Foreign currency-denominated securities and financial instruments are subject to fluctuations in exchange rates that may have a positive or adverse effect on the value, price or income of such securities or financial instruments. Investors in securities, the values of which are influenced by currency volatility, effectively assume this risk.

 

Structured securities are complex instruments, typically involve a high degree of risk and are intended for sale only to sophisticated investors who are capable of understanding and assuming the risks involved. The market value of any structured security may be affected by changes in economic, financial and political factors (including, but not limited to, spot and forward interest and exchange rates), time to maturity, market conditions and volatility and the credit quality of any issuer or reference issuer. Any investor interested in purchasing a structured product should conduct its own investigation and analysis of the product and consult with its own professional advisers as to the risks involved in making such a purchase. Some investments discussed on this Site may have a high level of volatility. High volatility investments may experience sudden and large falls in their value causing losses when that investment is realized. Those losses may equal your original investment. Indeed, in the case of some investments the potential losses may exceed the amount of initial investment and, in such circumstances, you may be required to pay more money to support those losses. Income yields from investments may fluctuate and, in consequence, initial capital paid to make the investment may be used as part of that income yield.

 

Some investments may not be readily realizable and it may be difficult to sell or realize those investments. Similarly it may prove difficult for you to obtain reliable information about the value, or risks, to which such an investment is exposed.

This Site is subject to periodic update and revision. Materials should only be considered current as of the date of initial publication appearing thereon, without regard to the date on which you may access the information. SPP Credit maintains the right to delete or modify information on this Site without prior notice.

SPP Credit may have issued other reports that are inconsistent with, and reach different conclusions from, the information presented in this Site. Those reports reflect the different assumptions, views and analytical methods of the analysts who prepared them and SPP Credit is under no obligation to ensure that such reports are brought to your attention.

 

SPP Credit hereby expressly disclaims, to the extent permitted by applicable law and/or regulation, all warranties, express, statutory or implied, regarding the site and any results to be obtained from the use of the site, including but not limited to all warranties of merchantability, fitness for a particular purpose or use and all warranties arising from course of performance, course of dealing and/or usage of trade or their equivalents under the applicable laws and/or regulations of any jurisdiction. SPP Credit does not warrant or guarantee the accuracy, timeliness, suitability, completeness or availability of this site or the information or results obtained from use of this site, or that this site or the information or results will be free from error.

 

Under no circumstances and under no theory of any applicable law and/or regulation, tort, contract, strict liability or otherwise, shall SPP Credit be liable to anyone for any damages resulting from access to or use of or inability to access or use this site regardless of whether they are direct, indirect, special, incidental, or consequential damages of any character, including damages for trading losses or lost profits, or for any claim or demand by any third party, even if SPP Credit knew or had reason to know of the possibility of such damages, claim or demand.

APPLICABLE LAW

This agreement shall be governed by and construed in accordance with the substantive and procedural laws of the State of New York, without giving effect to the principles of conflicts of law.  SPP Credit is committed to the principles of equal employment opportunity. The Firm does not discriminate against any employee or applicant for employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital status, sexual orientation or because of any other criteria prohibited under controlling federal, state or local law.

 

Use of the site is subject to acceptance of our Terms of Use and important information.

 

COPYRIGHT AND TRADEMARK

All material presented on this Site, unless specifically indicated otherwise, is under copyright to SPP Credit. The material is freely downloadable for browsing purposes only. None of the material, nor its content, nor any copy of it, may be altered in any way, transmitted to, copied or distributed to any other party, without the prior express written permission of SPP Credit. All trademarks, service marks and logos used on this Site are trademarks or service marks or registered trademarks or service marks of SPP Creditor one of its affiliates or other entities.

 

LINKED SITES

We may provide addresses or hyperlinks which lead you out of this Site. Except to the extent to which the Site refers to SPP's own Web site material, SPP has not reviewed any such sites which link to this Site or to which this Site links, and is not responsible for the content of any other Web sites or pages linked to or linking from this Site. Such addresses or hyperlinks (including addresses or hyperlinks to SPP's own Web site material) are provided solely for your convenience and information. Accessing such Web sites or following such links to any other Web sites or pages shall be at your own risk