Common use of Condition of Business Clause in Contracts

Condition of Business. Buyer acknowledges that, except for the representations and warranties contained in this Agreement: (a) Buyer is acquiring the Shares and the Subject Business on a “where is” and, as to condition, “as-is” basis; (b) none of the Company, Seller or any of their respective affiliates has made any representation or warranty, express or implied, as to the accuracy or completeness of any information regarding the Company or any of the Subsidiaries; (c) any projections provided by the Company or any Subsidiary are for illustrative purposes only and do not form the basis of any liability; and (d) Buyer has conducted to its satisfaction its own independent investigation of the Subject Business and, in making its determination to proceed with the transactions contemplated by this Agreement, Buyer has relied on the results of its own independent investigation.

Condition of Business. Buyer acknowledges that, except for the representations and warranties contained in this Agreement: : (a) Buyer is acquiring the Shares and the Subject Business on a “where is” and, as to condition, “as-is” basis; (b) none of the Company, Seller or any of their respective affiliates has made any representation or warranty, express or implied, as to the accuracy or completeness of any information regarding the Company or any of the Subsidiaries; (c) any projections provided by the Company or any Subsidiary are for illustrative purposes only and do not form the basis of any liability; and (d) Buyer has conducted to its satisfaction its own independent investigation of the Subject Business and, in making its determination to proceed with the transactions contemplated by this Agreement, Buyer has relied on the results of its own independent investigation.