Common use of Acknowledgement of Purchaser Clause in Contracts

Acknowledgement of Purchaser. In connection with Purchaser’s investigation of the Business, Purchaser has received from or on behalf of Seller certain estimates, projections and other forecasts and plans. Purchaser acknowledges that there are uncertainties inherent in attempting to make such estimates, projections and other forecasts and plans, that Purchaser is familiar with such uncertainties, that Purchaser is taking full responsibility for making its own evaluation of the adequacy and accuracy of all estimates, projections and other forecasts and plans so furnished to it (including the reasonableness of the assumptions underlying such estimates, projections and forecasts), and that Purchaser shall have no claim against Seller, the Selling Affiliates, the Sold Entities and the Sold JV Entities, any of their respective Affiliates or any other Person with respect thereto. Accordingly, Seller makes no representations or warranties whatsoever with respect to such estimates, projections and other forecasts and plans (including the reasonableness of the assumptions underlying such estimates, projections and forecasts), and Purchaser has not relied thereon.

Appears in 3 contracts

Sources: Share and Asset Purchase Agreement, Share and Asset Purchase Agreement (Federal-Mogul Holdings Corp), Share and Asset Purchase Agreement (Federal-Mogul Holdings Corp)