Substantial Risks Clause Samples
The 'Substantial Risks' clause identifies and allocates responsibility for significant risks that may arise during the performance of a contract. It typically outlines which party is responsible for managing or bearing the consequences of major hazards, such as financial loss, safety issues, or regulatory violations. For example, it may specify that the contractor assumes the risk of unforeseen site conditions or that the client is responsible for changes in law. This clause's core function is to clarify risk allocation between parties, reducing uncertainty and potential disputes by explicitly stating who is accountable for substantial risks.
Substantial Risks. Purchaser recognizes that investments in the Company involve substantial risks, including the risk factors described in the Company’s Annual Report on Form 10-K filed on March 8, 2011. Purchaser has taken full cognizance of, and understands, such risks and has obtained sufficient information to evaluate the merits and risks of an investment in the Company and the acquisition of the Shares.
Substantial Risks. I understand that no aspect of the activities of the Corporation can be guaranteed and that substantial risks are involved in various aspects of this investment: [ ] Yes [ ] No
Substantial Risks. The undersigned understands that an investment in the Company involves substantial risks. The undersigned understands that there is presently no public market for the Note and that there may never be such a market and that the undersigned may be unable to liquidate this investment in the event of an emergency.