Differing Valuations Sample Clauses
The Differing Valuations clause establishes how parties will address situations where they assign different values to an asset, service, or obligation under a contract. Typically, this clause outlines a process for resolving valuation disputes, such as appointing an independent appraiser or using a predetermined formula to reach an agreed value. Its core practical function is to prevent deadlock and ensure that transactions or settlements can proceed smoothly even when parties initially disagree on worth, thereby reducing the risk of prolonged disputes and facilitating contract performance.
Differing Valuations. Seller understands and acknowledges that Seller and the Company may have differing views of the current and likely future value of the Shares. Seller further acknowledges that, except for the representations and warranties explicitly set forth herein, the Company is not and has not made any statement, representation or warranty to Seller concerning: (i) the fairness or adequacy of the consideration given or received under this Agreement; (ii) the current or likely future value of the Shares; (iii) the markets, business, products, management, technical or marketing capabilities, financial affairs or prospects of the Company; or (iv) any other matter that has been relied upon by Seller or Seller's advisors in assessing the value of the Shares or determining whether to enter into this Agreement upon the terms and conditions set forth herein.