Responsibility for Tax Consequences. JHU has reviewed the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement (including any tax consequences that may result now or in the future under recently enacted tax legislation) and has had the opportunity to consult with its tax advisors, if any, regarding such consequences. JHU acknowledges that it is not relying on any statements or representations of the Company or any of the Company’s agents in regard to such tax consequences and understands that JHU (and not the Company) shall be responsible for its own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement. JHU acknowledges that the Company has no obligation in regard to the future conduct of its business, to act or refrain from acting in any manner, regardless of the loss of any tax benefit to JHU in connection with the purchase, ownership, or sale of the Stock, which may result from such action or inaction.
Responsibility for Tax Consequences. The undersigned has had an opportunity to review the federal, state, local, and foreign tax consequences of this investment and the transactions contemplated by the Note and Warrant Agreements (including any tax consequences that may result now or in the future under recently enacted tax legislation) and has had the opportunity to consult with his tax advisors, if any, regarding such consequences. The undersigned acknowledges that he is not relying on any statements or representations of the Company or any of its agents in regard to such tax consequences and understands that he (and not the Company) shall be responsible for his own tax liability that may arise as a result of this investment or the transactions contemplated by the Note and Warrant Agreements. The undersigned acknowledges that the Company has no obligation in regard to the future conduct of its business to act or refrain from acting in any manner, regardless of the loss of any tax benefit to the undersigned in connection with the purchase, ownership, or sale of the Note, Warrant, Note Stock, and Warrant Stock which may result from such action or inaction.
Responsibility for Tax Consequences. Xxxxxxxxx has had an opportunity to review the federal, state, local, and foreign tax consequences of his investment in the Note (including any tax consequences that may result now or in the future under recently enacted tax legislation) and has had the opportunity to consult with his tax advisors, if any, regarding such consequences. Xxxxxxxxx acknowledges that he is not relying on any statements or representations of the Company or any of its agents in regard to such tax consequences and understands that Xxxxxxxxx (and not the Company) shall be responsible for his own tax liability that may arise as a result of this investment. Xxxxxxxxx acknowledges that the Company has no obligation in regard to the future conduct of its business to act or refrain from acting in any manner, regardless of the loss of any tax benefit to Xxxxxxxxx in connection with the purchase, ownership, or sale of the Note or the underlying Common Stock, which may result from such action or inaction.
Responsibility for Tax Consequences. Holder has reviewed the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement (including any tax consequences that may result now or in the future under recently enacted tax legislation) and has had the opportunity to consult with Holder's tax advisors, if any, regarding such consequences, except as otherwise provided in the Merger Agreement. In particular, Holder acknowledges that Holder is not relying on any statements or representations of M Corp. or any of its agents in regard to such tax consequences and understands that Holder (and not M Corp.) shall be responsible for Holder's own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement, except as otherwise provided in the Merger Agreement. Holder acknowledges that M Corp. has no obligation in regard to the future conduct of its business, to act or refrain from acting in any manner, regardless of the loss of any tax benefit to Holder in connection with the issuance, ownership, or sale of the Shares, which may result from such action or inaction. Holder further agrees to report and pay on a timely basis any income tax liabilities incurred by (or assessed against) Holder associated with the acquisition, ownership, holding and/or disposition of the Restricted Shares. Holder intends to timely file an election under Code Section 83(b) which includes, among other things, the statement of Holder that no compensation income is to be recognized or reported by Holder by reason of the receipt of the Restricted Shares following the Merger. M Corp. hereby confirms that it will take a tax position consistent with the foregoing.
Responsibility for Tax Consequences. The undersigned has had an opportunity to review the federal, state, local, and foreign tax consequences of this investment and the transactions contemplated by the Unit Agreements (including any tax consequences that may result now or in the future under recently enacted tax legislation) and has had the opportunity to consult with his tax advisors, if any, regarding such consequences. The undersigned acknowledges that he is not relying on any statements or representations of the Company or any of its agents in regard to such tax consequences and understands that he (and not the Company) shall be responsible for his own tax liability that may arise as a result of this investment or the transactions contemplated by the Unit Agreements. The undersigned acknowledges that the Company has no obligation in regard to the future conduct of its business to act or refrain from acting in any manner, regardless of the loss of any tax benefit to Investor in connection with the purchase, ownership, or sale of the Units or Common Stock issuable upon conversion thereof, which may result from such action or inaction.
Responsibility for Tax Consequences. Except as expressly provided herein, Seller and Buyer are each solely responsible for their own respective tax consequences in connection with its obligations under this Agreement and its revenues or benefits derived from the transactions contemplated hereby.
Responsibility for Tax Consequences. THE OWNER ACKNOWLEDGES THAT IT IS THE OWNER'S SOLE RESPONSIBILITY, AND NOT THE COMPANY'S, TO FILE A TIMELY ELECTION UNDER SECTION 83(b). This filing should be made by registered or certified mail, return receipt requested, and the Owner must retain two (2) copies of the completed form for filing with his State and Federal tax returns for the current tax year and an additional copy for his personal records. In addition, the Owner shall immediately provide the Company with a copy of such filing.
Responsibility for Tax Consequences. Each Party is responsible for its own respective tax consequences in connection with the Biomethane transactions contemplated by this Agreement, and neither of them shall be responsible for such other Party’s tax consequences.
Responsibility for Tax Consequences. It has had an opportunity to review the federal, state, local, and foreign tax consequences of this investment and the transactions contemplated by this Agreement (including any tax consequences that may result now or in the future under recently enacted tax legislation) and has had the opportunity to consult with such tax advisors as it deems appropriate regarding such consequences. It acknowledges that it is not relying on any statements or representations of the Company or its agents in regard to such tax consequences and understands that it (and not the Company) shall be responsible for its own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement. It acknowledges that the Company has no obligation in regard to the future conduct of its business, or to act or refrain from acting in any manner, regardless of the loss of any tax benefit to the Purchaser in connection with the purchase, ownership, or sale of the Notes, the Warrants, or the Warrant Stock.
Responsibility for Tax Consequences. Xxxxxx has had an opportunity to review the federal, state, local, and foreign tax consequences of this investment (including any tax consequences that may result now or in the future under recently enacted tax legislation) and has had the opportunity to consult with such tax advisors as Holder deems appropriate regarding such consequences. Holder acknowledges that it is not relying on any statements or representations of the Company or its agents in regard to such tax consequences and understands that Holder (and not the Company) shall be responsible for Holder’s own tax liability that may arise as a result of this investment. Xxxxxx acknowledges that the Company has no obligation in regard to the future conduct of its business, or to act or refrain from acting in any manner, regardless of the loss of any tax benefit to Holder in connection with the purchase, ownership, or sale of the Warrant or the Shares.
