Common use of Qualified Advice Clause in Contracts

Qualified Advice. Sometimes the advice given by us will be based on assumptions or qualifications and those assumptions or qualifications will be stated or set out in the advice, if it is in writing. If further information or events prove any of those assumptions or qualifications incorrect, we will not be liable for any part of our advice which was based on those assumptions or qualifications. Whilst we will provide advice and guidance, as detailed in the engagement, ultimately it is you that must take reasonable care to protect your own interests and satisfy yourself as to the commercial and financial viability of all aspects of your matter, the taxation implications related to or arising out of your matter and investigating the bona fides and creditworthiness of other parties involved. You agree that you are solely responsible for these matters. You agree that we do not offer any advice in relation to the commercial viability or implications of any particular matter unless we specifically take on this responsibility in writing in our engagement with you. When written advice is given, it does not mean that we have agreed to advise you more generally in relation to the commercial viability or the financial implications and we encourage you to always seek independent advice from an appropriate advisor for all financial matters. Where we do discuss with you the commercial viability or the financial implications of a particular matter, it is not expert advice and is not intended to be relied on, but merely forms part of a general commentary relating to your matter.

Qualified Advice. Sometimes the advice given by us will be based on assumptions or qualifications and those assumptions or qualifications will be stated or set out in the advice, if it is in writing. If further information or events prove any of those assumptions or qualifications incorrect, we will not be liable for any part of our advice which was based on those assumptions or qualifications. Whilst we will provide advice and guidance, as detailed in the engagement, ultimately it is you that must take reasonable care to protect your own interests and satisfy yourself as to the commercial and financial viability of all aspects of your matter, the taxation implications related to or arising out of your matter and investigating the bona fides and creditworthiness of other parties involved. You agree that you are solely responsible for these matters. You agree that we do not offer any advice in relation to the commercial viability or implications of any particular matter unless we specifically take on this responsibility in writing in our engagement with you. When written advice is given, it does not mean that we have agreed to advise you more generally in relation to the commercial viability or the financial implications and we encourage you to always seek independent advice from an appropriate advisor for all financial matters. Where we do discuss with you the commercial viability or the financial implications of a particular matter, it is not expert advice and is not intended to be relied on, but merely forms part of a general commentary relating to your matter.