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Important
Information Regarding the Use of This TVA Web Site
SECURITY NOTIFICATION AND ACCEPTANCE OF TERMS
You have entered
an official system of the Tennessee Valley Authority, an agency of the
United States, which may be used only for the purposes described therein.
Unauthorized attempts to upload information, change information, defeat
or circumvent security features, or otherwise cause damage to the system
are strictly prohibited and may be punishable under applicable Federal
or local laws.
The following terms,
conditions, and qualifications govern your use of this Web site. By using
this Web site you acknowledge and accept these terms, conditions, and
qualifications, which may be modified from time to time. The term "Information," as
used herein, means all information, documents, and materials on this
Web site.
To read about how
TVA uses the information it gathers through this Web site, read
the TVA privacy policy.
- Forward-looking
information. Certain Information on this Web site contains forward-looking
statements relating to future events and future performance. Any statements
regarding expectations, beliefs, plans, projections, estimates, objectives,
intentions, or assumptions or otherwise relating to future events or
performance may be forward-looking. Some examples include statements
regarding TVAs projections of future power and energy requirements,
future costs related to environmental compliance, financial projections
and targets for TVAs future competitive position, and the potential
effect of the year-2000 issue on TVAs operations. Although TVA
believes that the assumptions underlying the forward-looking statements
contained in Information on this Web site are reasonable, TVA does not
guarantee the accuracy of these statements. Numerous factors could cause
actual results to differ materially from those in the forward-looking
statements. Such factors include, among other things, new laws and regulations,
especially those related to the restructuring of the electric power
industry and various environmental matters; increased competition among
electric utilities; legal and administrative proceedings affecting TVA;
the financial environment; the performance of TVAs generating
facilities; fuel prices; the demand for electricity; weather conditions;
changes in accounting standards; and unforeseeable events.
- No warranties/limitation
of liability. All Information, including references and links to
third-party information, is provided "AS IS," and TVA does
not guarantee the accuracy of any such Information. TVA makes no, and
expressly disclaims all, express, implied, and statutory warranties,
including, without limitation, all warranties of merchantability, suitability,
noninfringement, or fitness for any particular purpose, relating to
the use of this Web site and the accuracy, completeness, and legality
of all Information (including, without limitation, references and links
to third-party information). TVA expressly disclaims all responsibility
and liability for any damages caused by computer viruses that may be
contained on this Web site. TVA shall not be liable for any damages
related to your access to or use of any Information, including any indirect,
special, incidental, consequential, punitive, or other damages (including,
without limitation, damages for loss of business or lost profits), whether
based on breach of contract, breach of warranty, tort (including negligence),
or otherwise. You agree to this limitation of liability as a condition
of TVAs providing Information.
- Nonendorsement
of third-party information. Regardless of the source, accuracy or
completeness, TVA does not endorse or adopt any third-party information
referenced or linked on this Web site. Information on linked third party
sites may be subject to copyright or other restrictions on use.
- No duty to
update. TVA assumes no duty to update or correct any Information
for (1) new information or results; (2) events occurring or coming
to
TVAs attention after the date thereof; or (3) any other reason.
Information that is not dated or Information that is dated but viewed
subsequent to its date may not be current.
- No offer or
solicitation regarding TVA securities. This Web site contains Information
relating to certain TVA securities, including offering circulars and
other materials. All such Information is provided for general public
informational purposes only and does not constitute an offer to sell
or a solicitation of an offer to buy any TVA securities in the United
States or in any foreign jurisdiction (including, for avoidance of doubt,
the United Kingdom).
- Investment
decisions. TVA is not subject to the registration requirements
of the Securities Act of 1933 or the periodic reporting requirements
of
the U.S. Securities Exchange Act of 1934. Therefore, TVA is not obligated
to, and does not intend to, file any statements or reports with the
U.S. Securities and Exchange Commission. When reviewing any Information,
you are advised to consult the further disclosure TVA makes in its
most
recent annual Information Statement (the "current Information Statement")
and all subsequent quarterly reports (which may be accessed through
this Web site or obtained from TVA). Information contained in the current
Information Statement and such quarterly reports may be updated by information
found in the "Recent Developments" section of the most recent
power bond offering circular, if any, dated subsequent to the date
of
the current Information Statement. However, TVA is not required to,
and assumes no obligation to, update or correct the current Information
Statement, such quarterly reports, such power bond offering circulars,
or any other Information included on this Web site.
Because Information
may be out of date, inaccurate or incomplete, investors must not
rely on any Information in deciding whether to purchase or sell any
TVA
bond, note, or other security or in making any investment decisions,
and the Information shall not be incorporated or deemed to be a part
of any offering circular.
- Intellectual
property. All trademarks, logos, service marks, and copyrighted
material contained on this Web site ("marks") are the property
of TVA. You are not permitted to use any marks without TVAs express
written permission. The term TVA and the TVA logo are service marks
of the Tennessee Valley Authority, registered USPTO.
- Applicable
law and venue. TVA operates and controls this Web site from its
offices in Knoxville and Chattanooga, Tennessee, in the United States
of America. TVA makes no representation that access to this Web site
and any Information is appropriate in your jurisdiction (including,
for avoidance of doubt, the United Kingdom), and such access is prohibited
in jurisdictions where illegal. You are responsible for compliance with
all applicable laws relating to your use of this Web site. The terms,
conditions, and qualifications contained herein will be governed and
construed in accordance with U.S. federal law. Any lawsuit against TVA
or its officers, employees, or agents arising out of or based upon any
Information on this Web site or requiring or entailing the enforcement
or interpretation of these terms, conditions, and qualifications may
be brought only in the United States District Court for the Eastern
District of Tennessee.
- Enforceability.
If any part of these terms, conditions, and qualifications is determined
to be invalid or unenforceable by law, including, without limitation,
the warranty disclaimers and limitations of liability, then the invalid
or unenforceable part shall be deemed to be replaced by a valid and
enforceable provision that most closely effectuates the intent of the
invalid or unenforceable part, and the remainder of the terms, conditions,
and qualifications shall continue in full force and effect.
- Federally
assisted programs. Some of the programs described receive federal
financial assistance. Recipients of this federal financial assistance
must administer the funds to the public on a nondiscriminatory basis,
without regard to race, color, national origin, sex, or disability.
- Virus protection.
Each party that submits materials agrees that in uploading executable
files to the system it will use only computer systems employing reasonable
means to check and prevent the spread of malicious and/or damaging computer
code.
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