Common use of No Guaranty Clause in Contracts

No Guaranty. The Subscriber confirms that the Company has not (A) given any guarantee or representation as to the potential success, return, effect or benefit (either legal, regulatory, tax, financial, accounting or otherwise) an of investment in the Securities or (B) made any representation to the Subscriber regarding the legality of an investment in the Securities under applicable legal investment or similar laws or regulations. In deciding to purchase the Securities, the Subscriber is not relying on the advice or recommendations of the Company and the Subscriber has made its own independent decision that the investment in the Securities is suitable and appropriate for the Subscriber.

Appears in 8 contracts

Samples: Subscription Agreement (Reticulate Micro, Inc.), Subscription Agreement (Elephant Oil Corp.), Subscription Agreement (Trio Petroleum Corp.)

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