Legal Disclaimer: Amber (AMB) is a utility token within AMB-NET. AMB is not a financial instrument and should not be considered as such. Participation in AMB-NET provides a range of technical utilities to stakeholders and enterprises, and should not be considered as a speculative activity, financial transaction or an investment of any sort. The numbers are not guaranteed and are subject to change depending on the technical roll-out and adoption of AMB-NET network, which is a decentralised network governed by a smart contract system.
The users and AMB tokenholders acknowledge and agree that, to the fullest extent permitted by any applicable law, the User will not hold any developers, auditors, contractors, employees or founders of Ambrosus and its affiliated companies, the Smart Contract System and/or AMB-NET liable for any and all damages or injury whatsoever caused by or related to the use of, or the inability to use, AMB or the Smart Contract System under any cause or action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that developers, auditors contractors or founders of the Smart Contract System, the AMB and/or Ambrosus and its affiliated companies shall not be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data, in any way whatsoever arising out of the use of, or the inability to use of the Smart Contract System, the Ambrosus Platfrom, AMB-NET and/or AMB.
The Users and AMB tokenholders further specifically acknowledge that developers, auditors, contractors or founders of the AMB, Smart Contract System and/or the Ambrosus and its affiliated companies are not liable, and the Users and AMB tokenholders agrees not to seek to hold them liable, for the conduct of third parties, including other creators of AMB or Masternode Operators and Hosts, and that the risk of creating, holding and using AMB rests entirely with the Users and Tokenholders.
By acquiring, holding or using AMB tokens, and to the extent permitted by law, the Users and AMB Tokenholders agree not to hold any third party (including developers, auditors, contractors or founders) liable for any regulatory implications or liability associated with or arising from the creation, ownership or use of AMB or any other action or transaction related to the Ambrosus Platform, AMB-NET or any related products.
The Users and AMB Tokenholders bear the sole responsibility to determine if their participation in AMB-NET, staking AMB in Masternodes, receiving AMB rewards, have tax implications for them. The Users and AMB Tokenholders agree not to hold any third party (including developers, auditors, contractors, employers or founders of Ambrosus or any affiliated companies) liable for any tax liability associated with participation in AMB-NET, receiving rewards via any of the Masternodes, or any other action or transaction related to Ambrosus or AMB.
Ambrosus, Inc, incorporated under the laws of Belize, registered office at New Horizon Building, Ground Floor, 3 1/2 Miles Philip S.W. Goldson Highway, Belize City, Belize C.A. (registration 172511). All rights reserved.