Common use of No Reliance on Tax Advice Clause in Contracts

No Reliance on Tax Advice. The Purchaser has reviewed with his, her or its own tax advisors the foreign, federal, state and local tax consequences of this investment, where applicable, and the transactions contemplated by this Agreement. The Purchaser is relying solely on such advisors and not on any statements or representations of the Company or any of its agents and understands that the Purchaser (and not the Company) shall be responsible for the Purchaser own income tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.

No Reliance on Tax Advice. The Each Purchaser has reviewed with his, her or its own tax advisors the foreign, federal, state and local tax consequences of this investment, where applicable, and the transactions contemplated by this Agreement. The Each Purchaser is relying solely on such advisors and not on any statements or representations of the Company or any of its agents and understands that the each Purchaser (and not the Company) shall be responsible for the Purchaser its own income tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.