Common use of No Advice Given Clause in Contracts

No Advice Given. Biostem acknowledges and agrees that neither it nor any of the members or managers of Biostem has asked for or received any legal or tax advice from the Company or its directors or any other person associated with the Company in regard to this Agreement or the transaction herein contemplated, and has instead relied on advice and counsel furnished by its own legal or other advisers in order to satisfy itself as to the tax and other legal implications of the Technology Purchase and the issuance of the Company Shares.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Equinox International, Inc.), Asset Purchase Agreement (Biostem U.S. Corp)