Disclaimer
The document we will provide access to, is our (being OC&C Strategy and Analytics GmbH, Germany; together with its affiliates, in particular OC&C Strategy Consultants LLP, UK, referred to as “OC&C”) report “Long-Distance Travel Market Report” (the “Report”).
Please read the following terms carefully. By downloading, reading or retaining the Report or any part of it, you accept and agree to be bound by following terms. Any person who does not accept these terms is not authorised to read, retain, copy, disclose or distribute the Report or any part of it:
1. The Report is provided to you on the basis that you acknowledge and accept that the Report is confidential and should not be disclosed to any third party at any time without the prior written consent of OC&C.
2. The Report has been prepared as service to our client and in accordance with the instructions of our client and may therefore not address all matters of concern to you.
3. The information and material presented in the Report are provided to you for informational purposes only and are not to be used or considered as an offer or a solicitation to sell or an offer or solicitation to buy or subscribe for securities or other financial instruments or any advice or recommendation with respect to such securities or other financial instruments.
4. This Report is only made available on a non-reliance basis and OC&C does not make any representation or warranty or guarantee as to the completeness, accuracy, timeliness or suitability of any information contained within any part of the Report nor that it is free from error. OC&C does not accept any liability (whether in contract, tort or otherwise howsoever and whether or not caused by negligence) for any loss or damage (including, without limitation, loss of profit), which may arise directly or indirectly from use of or reliance on such information.
5. Whilst the information provided has been obtained from third parties or public sources OC&C does not attest to its accuracy or completeness. OC&C reserves the right to change any source without restriction or notice. OC&C does not accept any responsibility or liability for information provided by third parties or obtained from public sources. Official confirmation of portfolio holdings with these parties and issues arising from information they have provided must be addressed directly with them.
6. The material in the Report is obtained from various sources per dating of the Report. The Report is subject to amendment or withdrawal. There may be events, developments or changes in circumstances subsequent to the date of the Report which may affect the continuing validity and suitability of its content. There may have been changes in matters which affect the companies subsequent to the date of this Report. Neither the issue nor delivery of this Report shall under any circumstance create any implication that the information contained herein is correct as of any time subsequent to the date hereof or that the affairs of the company have not since changed. OC&C does not intend, and does not assume any obligation to update or correct the information included in the Report. In addition, certain sources of market data included in the Report were prepared before the pandemic spread of COVID-19, a novel strain of the coronavirus, and have not been updated for the potential effects of this pandemic. OC&C is not able to determine whether the third parties who have prepared such sources will revise their estimates and projections due to the potential impact of COVID-19 on future market developments.
7. Any reliance placed on the Report is done entirely at the risk of the person placing such reliance.
8. Any valuation estimates or other estimates presented are prepared by OC&C, as part of the services for our client, or obtained from third parties and public sources. The estimates are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Please note that we make no assurance that the underlying forward-looking statements are free from errors. Readers should not place undue reliance on forward-looking information, which will depend on numerous factors, and any reader must make an independent assessment of such projections.
9. The Report is intended for general guidance and information purposes only. The Report is under no circumstances intended to be used or considered as financial or investment advice, a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. Please note that this is not an offer document. The Report is not to be considered as an experts report, investment research or an objective or independent explanation of the matters contained herein, and is not prepared in accordance with the regulation regarding investment analysis.
10. The Report does not regard any specific investment objectives, financial situation or the particular needs of any specific person.
11. The contents of the Report are not to be construed as legal, business, investment or tax advice. Each recipient should consult with its legal, business, investment and tax advisors as to legal, business, investment and tax advice. Investors should understand that statements regarding future prospects may not be realised, and should also understand that past performance is not necessarily a guide to future performance. All investments mentioned in the Report have attached risk of loss.
12. The Report, including any obligation arising out of or in connection with it, is exclusively subject to German law, and any dispute arising out of or in connection with the Report, shall be subject to the exclusive jurisdiction of the courts in Munich, Germany.
13. The Report has not been reviewed by, or approved or disapproved by, the United States Securities and Exchange Commission or any securities commission of any State of the United States.