Common use of Disclaimer of Advice Clause in Contracts

Disclaimer of Advice. Issuer is NCPS’s sole customer pursuant to this Agreement. By this Agreement, NCPS is not undertaking to provide any recommendations or advice to any party, including any Subscriber who may be a retail investor, in connection with any offering of securities, NCPS’s engagement hereunder or its provision of the services contemplated by this Agreement (including, without limitation, business, investment, solicitation, legal, accounting, regulatory or tax advice). Issuer and Manager understand that they will be solely responsible for ensuring that any offering and any sale of securities complies with all Law. Issuer acknowledges and agrees that it will rely on its own judgment in using NCPS’s services.

Appears in 7 contracts

Samples: Escrow Agreement (Neptune REM, LLC), Escrow Agreement (Neptune REM, LLC), Escrow Agreement (SciMar Ltd.)

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