Common use of Client’s Responsibility Clause in Contracts

Client’s Responsibility. The Client has obtained all necessary professional advices in relation with liabilities or obligations under any jurisdiction in respect of law, accounting, estate planning, and Tax, etc. in connection with any of the Client’s transactions under this Agreement and/or with its investment decisions. Notwithstanding Clause 2.1.1, the Client acknowledges and agrees that uSMART SG does not provide any investment, Tax or other advice and the Client is advised to seek its own legal, Tax, investment and any other professional advice. Without prejudice to the foregoing, the uSMART SG is not responsible for advising on or handling any of such Client's Tax issues, liabilities or obligations. Where any Taxes, disbursements, costs and/or other expenses are incurred by uSMART SG in connection with the Account or the Client, such Taxes, disbursements, costs and/or other expenses shall be the responsibility and the cost of the Client and shall be reimbursed in full by the Client to uSMART SG. The Client, when issuing the Instruction in relation to the Transaction, does not and shall not rely on, and uSMART SG, any of its Representatives are not responsible for, any information, representation (whether written or oral), advice, recommendation, view, opinion, or other statement or market data provided by uSMART SG, or any of its Affiliates, and every Representative of the foregoing and the Client confirms that it relies on the Client’s own judgment in making all investment decision.

Client’s Responsibility. The Client has obtained all necessary professional advices in relation with the tax liability and other liabilities or obligations under any jurisdiction in respect of law, accounting, estate planning, and Taxtax, etc. in connection with any of the Client’s transactions under this Agreement and/or with its investment decisions. Notwithstanding Clause 2.1.1, the The Client acknowledges and agrees that uSMART SG USPL does not provide any investment, Tax tax or other advice and the Client is advised to seek its own legal, Taxtax, investment and any other professional advice. Without prejudice to the foregoing, the uSMART SG USPL is not responsible for advising on or handling any of such the Client's Tax tax issues, liabilities or obligations. Where any Taxestaxes, duties, disbursements, costs and/or other expenses are incurred by uSMART SG USPL in connection with the Account or the Client, such Taxestaxes, duties, disbursements, costs and/or other expenses shall be the responsibility and the cost of the Client and shall be reimbursed in full by the Client to uSMART SGUSPL. The Client, when issuing the Instruction or order in relation to the Transaction, buy-in, or subscription of any securities or investments, does not and shall not rely on, and uSMART SGUSPL, any of its Representatives agents, directors, officers, employees or vendors (including the Executing Broker or the Clearing Firm) are not responsible for, any information, representation (whether written or oral), advice, recommendation, view, opinion, or other statement or market data provided by uSMART SGUSPL, or any of its Affiliates, and every Representative director, officer, or employee of the foregoing and the Client confirms that it relies on the Client’s own judgment in making all investment decision.