Other Consequences. KIA has reviewed with its own tax advisors the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement. KIA has relied solely on such advisors and (except with regard to withholding taxes, as provided in Section 3(a)) KIA has not relied on any statements or representations of the Company, the Company’s counsel, or any of the Company’s agents regarding the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement. KIA understands that it (and not the Company) will be responsible for its own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.
Appears in 2 contracts
Sources: Amendment and Conversion Agreement (zSpace, Inc.), Amendment and Conversion Agreement (EdtechX Holdings Acquisition Corp. II)
Other Consequences. KIA has reviewed with its own tax advisors the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement. KIA has relied solely on such advisors and (except with regard to withholding taxes, as provided in Section 3(a4(a)) KIA has not relied on any statements or representations of the Company, the Company’s counsel, or any of the Company’s agents regarding the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement. KIA understands that it (and not the Company) will be responsible for its own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.
Appears in 1 contract
Sources: Conversion and Loan Termination Agreement (zSpace, Inc.)