Common use of No Additional Representations Or Warranties By Vendor Clause in Contracts

No Additional Representations Or Warranties By Vendor. Except as and to the extent set forth in Section 5.1, the Vendor make no representations or warranties whatsoever, and disclaims all liability and responsibility for any representation, warranty, statement or information made or communicated (orally or in writing) to the Purchaser (including any opinion, information or advice which may have been provided to the Purchaser by any officer, shareholder, director, employee, agent, consultant or representative of the Vendor, Affiliates of the Vendor, Waterous Securities Inc., the Vendor's Counsel or any other agent, consultant, representative or Person, collectively referred to as the "Vendor's Representatives"). Without limiting the generality of the foregoing, except as and to the extent, if any, set forth in Section 5.1, the Vendor makes no representations or warranties as to: (a) title to ▇▇▇▇▇▇ Energy's interests in any properties or assets, including the PNG Assets; (b) the quantity, quality or recoverability of Petroleum Substances respecting the Lands; (c) any estimates of the value of the PNG Assets, or the revenues applicable to future production from the Lands; (d) any engineering, geological, environmental or other interpretations or economic evaluations respecting the PNG Assets; (e) the rates of production of Petroleum Substances from the Lands; (f) the quality, condition or serviceability of the PNG Assets; (g) the suitability of any of the PNG Assets for use for any purpose; or (h) any information provided or made available to the Purchaser by the Vendor, or the Vendor's Representatives including the Title and Operating Documents, the Financial Statements, any engineering report or update, books, accounts, records, minute books, Tax Returns and filings and other information and documents of ▇▇▇▇▇▇ Energy and the Vendor.

No Additional Representations Or Warranties By Vendor. Except as and to the extent set forth in Section 5.1, the Vendor make makes no representations representation or warranties whatsoever, and disclaims all liability and responsibility for any representation, warranty, statement or information made or communicated (orally or in writing) to the Purchaser (including any opinion, information or advice which may have been provided to the Purchaser by any officer, shareholder, director, employee, agent, consultant or representative of a Purchased Entity, the Vendor, Affiliates of the Vendor, Waterous Securities Inc., the Vendor's Counsel or any other agent, consultant, representative or Person, collectively referred to as the "Vendor's Representatives"). Without limiting the generality of the foregoing, except as and to the extent, if any, set forth in Section 5.1, the Vendor makes no representations or warranties as to: (a) title to ▇▇▇▇▇▇ Energyany of the Purchased Entity's interests in any properties or assets, including the PNG Assets; (b) the quantity, quality or recoverability of Petroleum Substances respecting the Lands; (c) any estimates of the value of the PNG Assets, Assets or the revenues applicable to future production from the Lands; (d) any engineering, geological, environmental or other interpretations or economic evaluations respecting the PNG Assets; (e) the rates of production of Petroleum Substances from the Lands; (f) the quality, condition or serviceability of the PNG Assets; (g) the suitability of any of the PNG Assets for use for any purpose; or (h) any information provided or made available to the Purchaser by the Vendor, a Purchased Entity or the Vendor's Representatives Representatives, including the Title and Operating Documents, the Financial Statements, any engineering report or update, books, accounts, records, minute books, Tax Returns and filings and other information and documents of ▇▇▇▇▇▇ Energy the Purchased Entities and the Vendor. Without restricting the generality of the foregoing, subject to the Vendor and the Purchased Entities complying with Section 4.1, the Purchaser acknowledges that it has had full access to all information with respect to the PNG Assets and the business, financial condition, operations and prospects of the Purchased Entities and has made its own independent investigation, analysis, evaluation and inspection of the Purchased Entities, the PNG Assets and the business, financial condition, operations and prospects of the Purchased Entities, the PNG Assets and the extent and value of the reserves of Petroleum Substances attributable thereto and that it has relied solely on such investigation, analysis, evaluation and inspection as to its assessment of the quantum and value of the PNG Assets and the value of the Purchased Shares.