Terms of Web Site Use

Legal Notices, Terms and Conditions of Use

This web site ("Site") is provided by Assured Guaranty Ltd. ("Assured Guaranty"). By using this Site or accessing any information, content, data, or materials contained on this Site ("Materials"), you agree to abide by the terms and conditions set forth in this Terms of Use.

Nature of this Site

Informational Purposes Only:

The Materials contained on this Site are for informational purposes only and do not constitute (x) an offer to sell or a solicitation to buy any security or any insurance product or (y) financial, tax, legal, investment, or accounting advice. You should not rely on any of the Materials available on this Site for any purpose, including without limitation, as the basis for any financial decision. Not all of the products or services described in this Site are available in all jurisdictions or to all potential customers or investors, and nothing herein is intended as an offer or solicitation in any jurisdiction or to any potential customer or investor where such offer or sale is not qualified or exempt from regulation.

Changes:

Assured Guaranty reserves the right, at its sole discretion, to change, modify, add or remove any portion of this Terms of Use, including with respect to our use of any of your data that we may collect, in whole or in part, at any time. Changes in this Terms of Use will be effective when notice of such change is posted. Your continued use of the Site or of any Materials after any changes to this Terms of Use are posted will be considered acceptance of those changes.

Assured Guaranty may terminate, change, suspend or discontinue any aspect of the Site, including the availability of any features of the Site, at any time. Assured Guaranty may also impose limits on certain features and services or restrict your access to parts or all of the Site without notice or liability. Assured Guaranty may terminate the authorization, rights and license given herein and, upon such termination, you shall immediately destroy all Materials you may have copied or downloaded from the Site.

Disclaimer:

The site and materials may contain errors, including without limitation, inaccuracies and typographical errors. Assured guaranty expressly disclaims any obligation to update this site or any of the materials or statements on this site. Assured guaranty does not warrant the accuracy or completeness of the materials or the reliability of any advice, opinion, statement or other information displayed or distributed through the site. You acknowledge that any reliance on any such opinion, advice, statement, memorandum, or information shall be at your sole risk. Assured guaranty reserves the right, in its sole discretion, to correct any errors or omissions in any materials, services, products or portion of the site. Assured guaranty may make any other changes to the site, the materials, the products, programs, services or prices (if any) described in the site at any time without notice and in its sole discretion.

This site, the materials on the site, and the software made available on the site, are provided "as is" and "when available" without any representation or warranty, express or implied, of any kind, including, but not limited to, warranties of merchantability, non-infringement, or fitness for any particular purpose. Some jurisdictions do not allow for the exclusion of implied warranties, so the above exclusions may not apply to you.

General:

Nothing contained in this Terms of Use shall be construed as creating any agency, partnership, or other form of joint enterprise between us. Our failure to require your performance of any provision hereof shall not affect the full right to require such performance at any time thereafter, nor shall our waiver of a breach of any provision hereof be taken or held to be a waiver of the provision itself. In the event that any provision of this Terms of Use shall be unenforceable or invalid under any applicable law or be so held by any applicable court decision, such unenforceability or invalidity shall not render the Terms of Use unenforceable or invalid as a whole. We will amend or replace such provision with one that is valid and enforceable and which achieves, to the extent possible, our original objectives and intent as reflected in the original provision.

Third-Party Sites:

As a convenience to you, Assured Guaranty may provide, on this Site, links to Web sites operated by other entities. If you decide to visit any linked site, you do so at your own risk and it is your responsibility to take all protective measures to guard against viruses or other destructive elements. Assured Guaranty makes no warranty or representation regarding, and does not endorse, any linked Web sites or the information appearing thereon or any of the products or services described thereon. Links do not imply that Assured Guaranty or this Site sponsors, endorses, is affiliated or associated with, or is legally authorized to use any trademark, trade name, logo or copyright symbol displayed in or accessible through the links, or that any linked site is authorized to use any trademark, trade name, logo or copyright symbol of Assured Guaranty or any of its affiliates or subsidiaries.

Limitation of Liability:

In no event, shall assured guaranty, or any of its subsidiaries or their officers, directors, shareholders, employees, agents, representatives or licensors be liable hereunder, under any theory of liability whatsoever (including, but not limited to, negligence and strict liability) for any direct, indirect, incidental, special, punitive or consequential damages or for loss of profits, revenue, programming, or otherwise (whether in an action in contract, tort, product liability, statute or otherwise (even if assured guaranty has been advised of the possibility of such damages)) arising out of (a) your use of the site or materials, including, but not limited to, any loss or damage caused by any reliance on, or any delays, inaccuracies, errors or omissions in, any materials accessed on or through the site, (b) any transaction entered into through or from the site, (c) your inability to use the site or materials for whatever reason, including, but not limited to, communications failure or any other failure with transmission or delivery of any information accessed on or though the site, (d) the deletion, correction, destruction, damage, loss or failure to store any materials, (e) the use of any products or services referred to or obtained on or through the site, (f) unauthorized access to the site and unauthorized alteration to your transmissions or data, (g) statements, information or conduct of any third party on the site, or (h) any other matter relating to the site or materials.

Because some jurisdictions do not allow the exclusion of certain warranties or limitation or exclusion of liability for incidental or consequential damages, in such jurisdictions assured's aggregate liability will be limited to the extent permitted by the laws o0f that jurisdiction. In no event shall the total liability of assured guaranty to you for all loss or damage exceed $50.00.

Without limiting the foregoing, you agree that if you use third-party information, services or products offered on this site or a web site linked to or that is otherwise referred to on or through the site, such party is solely responsible for such information, services or products, and you hereby release assured, and any of their officers, directors, shareholders, employees, agents, representatives and licensors, from any claims, demands and damages (including, but not limited to, direct, indirect, incidental, special, punitive or consequential damages) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such information, services or products, any transactions between you and such party and any disputes between you and such party.

Indemnity:

You agree to indemnify and hold harmless Assured, its subsidiaries, affiliates and any of their officers, directors, shareholders, employees, agents, representatives and licensors, from any claim, cost, expense, judgment or other loss relating to your use of this Site, including without limitation of the foregoing, any action you take which is in violation of the terms and conditions of this Terms of Use. Each such party indemnified hereunder shall have the right to enforce this indemnification on its own behalf.

Trademark And Copyright Information:

Assured Guaranty is a service mark of Assured Guaranty Ltd. This Site and its contents are protected by United States and international copyright laws.

Proprietary Rights:

You acknowledge and agree that the Site and any Materials contained on the Site, are owned by, licensed to, or is otherwise used under permission by Assured Guaranty and are subject to protection by U.S. and international intellectual property laws, including, but not limited to, any patent rights, copyrights, trade secrets, trade names, trademarks, service marks, moral rights, know-how and any other similar rights or intangible assets recognized under laws or international conventions in any country or jurisdiction in the world as intellectual creations to which rights of ownership accrue.

Limited License:

Subject to the terms and conditions set forth in this Terms of Use, Assured Guaranty grants you a non-exclusive, non-transferable, limited right to access, use and display this Site and the Materials therein. You agree not to interrupt or attempt to interrupt the operation of the Site in any way.

Assured Guaranty authorizes you to view and download the Materials on this Site only for your personal, non-commercial use, except as otherwise expressly provided herein. This authorization is not a transfer of title in the Materials and copies of the Materials and is subject to the following restrictions: (1) you must retain, on all copies of the Materials downloaded, all copyright and other proprietary notices contained in the Materials; (2) you may not modify the Materials in any way or prepare derivative works of the Materials for any purpose; (3) you may not reproduce, publicly display, perform, distribute, or otherwise use the Materials for any public or commercial purpose; and (4) you may not sell, distribute, or transfer the Materials to any other person unless you give them notice of, and they agree to accept, the obligations arising under these terms and conditions of use. You agree to abide by all additional restrictions displayed on the Site as it may be updated from time to time. You agree to comply with all copyright laws worldwide in your use of this Site and to prevent any unauthorized copying of the Materials. Assured Guaranty does not grant any express or implied rights under any patents, trademarks, copyrights or trade secret information.

Information Provided by You:

Assured Guaranty does not want you to, and you should not, send any confidential or proprietary information to Assured Guaranty via the Site. You agree that any information or materials that you or individuals acting on your behalf provide to Assured Guaranty will not be considered confidential or proprietary. By providing any such information or materials to Assured, you grant to Assured Guaranty an unrestricted, irrevocable, worldwide, royalty-free license to use, reproduce, display, publicly perform, transmit and distribute such information and materials, and you further agree that Assured Guaranty's free to use any ideas, concepts or know-how that you or individuals acting on your behalf provide to Assured. You further recognize that Assured Guaranty does not want you to, and you warrant that you shall not, provide any information or materials to Assured Guaranty that is defamatory, threatening, obscene, harassing, or otherwise unlawful, or that incorporates the proprietary material of another.

International Users and Choice of Law:

This Site and Service are controlled, operated and administered by Assured Guaranty by its affiliates from its affiliates' offices within the United States of America. Assured Guaranty makes no representation that materials at this Site are appropriate or available for use at other locations outside of the United States and access to them from territories where their contents are illegal is prohibited. You may not use the Site or export the Materials in violation of U. S. export laws and regulations. If you access this Site from a location outside of the United States, you are responsible for compliance with all local laws. This Terms of Use shall be governed by the laws of the State of New York, without giving effect to its principles or rules of conflict of laws to the extent such principles or rules are not mandatorily applicable by statute and would require or permit the application of the laws of another jurisdiction. You agree that the appropriate state or federal court in New York county will have the exclusive jurisdiction to resolve all disputes arising under this Terms of Use, and you consent to personal jurisdiction in such forum.

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this supplement reflect the Company's current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. For example, the Company's financial position could be affected by a significant reduction in the amount of reinsurance ceded by one or more of our principal ceding companies, rating agency action such as a ratings downgrade, difficulties with the execution of the Company's business strategy, contract cancellations, developments in the world's financial and capital markets, more severe losses or more frequent losses associated with products affecting the adequacy of the Company's loss reserve, changes in regulation or tax laws, governmental actions, the Company's dependence on customers, decreased demand or increased competition, loss of key personnel, the effects of mergers, acquisitions and divestitures, changes in accounting policies or practices, and changes in general economic conditions, as well as management's response to these factors, and other risk factors identified in the Company's filings with the Securities and Exchange Commission.

Terms and Conditions of Use of Thomson Financial Information

Thomson Financial Corporate Group ("TFCG") and its information providers retain all proprietary right, title or interest, including copyright, in the service or other material, including but not limited to images and other multimedia data, that TFCG provides on this Site (the "TFCG Content"). You agree that you will not copy nor license, sell, transfer, make available or otherwise distribute the TFCG Content to any entity or person. You shall use its best efforts to stop any such copying or distribution immediately after such use becomes known.

The TFCG Content is provided "as is." TFCG and its information providers disclaim any and all warranties, express or implied, including but not limited to the implied warranties of merchantability and fitness for a particular purpose, relating to this agreement, the TFCG content and all performance hereunder. TFCG and its information providers make no warranties regarding the completeness, accuracy or availability of the TFCG Content.

In no event shall TFCG or its information providers be liable to you or any other person or entity for any indirect, special, exemplary or consequential damages, including lost profits or revenue, arising from your use of the TFCG Content, whether such claim is based in contract, negligence, strict liability or otherwise, and whether or not they or it had any knowledge, actual or constructive, that such damages might be incurred.

The rights and limitations in this Terms and Conditions of Use of Thompson Financial Information are for the benefit of TFCG and its information providers, each of which shall have the right to enforce its rights hereunder directly and on its own behalf.