Informed Purchaser Clause Samples
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Informed Purchaser. (a) The Company has (a) such knowledge and experience in financial and business matters as to be capable of evaluating the merits, risks and suitability of the transactions contemplated by this Agreement and (b) evaluated the merits and risks of the transactions contemplated by this Agreement based exclusively on its own independent review and consultations with such investment, legal, Tax, accounting and other advisors as it deemed necessary, and has made its own decision concerning the transactions contemplated by this Agreement without reliance on any representation or warranty of, or advice from, Seller. Upon the Closing, the Company will be consummating the transactions contemplated by this Agreement with full understanding of the terms, conditions and risks and willingly assumes those terms, conditions and risks.
(b) The Company has not requested any advice or other information with respect to the Subject Shares from Seller, its Affiliates, or any of its or their respective Representatives, and no such information or advice is necessary or desired.
Informed Purchaser. 33 SECTION 7. COVENANTS.......................................................33
Informed Purchaser. An Affiliate of Buyer owns a 50% Equity Interest in PLN. An Affiliate of Buyer owns a 50% Equity Interest in LLC. By virtue of these ownership interests and Buyer's sophistication in business matters, Buyer is an informed and sophisticated purchaser. Buyer has undertaken such investigation and has evaluated such documents and information as it has deemed necessary to enable it to make an informed and intelligent decision with respect to the execution, delivery and performance of this Agreement.
Informed Purchaser. Buyers are informed and sophisticated purchasers. Buyers have engaged expert advisors, experienced in the evaluation and purchase of property and assets such as those that are the subject of this Agreement and are involved in a bankruptcy case, and Buyers have undertaken such investigation and have been provided with and has evaluated such documents and information as it has deemed necessary to enable it to make an informed and intelligent decision with respect to the execution, delivery and performance of this Agreement. Buyers acknowledge that Buyers have had complete and open access to the key employees, documents and facilities of the Business. Buyers further acknowledge that Sellers make no representation or warranty with respect to (a) any projections, estimates or budgets delivered to or made available to Buyers or any of their Affiliates, counsel, advisors, accountants or other representatives of future revenues, future results of operations (or any component thereof), future cash flows or future financial condition (or any component thereof) of the Business or any other aspects of the Business or the Transferred Assets or (b) any other information or documents made available to Buyers or their counsel, advisors, accountants or other representatives with respect to the Business, except as expressly set forth in this Agreement.