Common use of Buyer Responsibility Clause in Contracts

Buyer Responsibility. Buyer understands that no person or entity or broker has audited or verified any information given to them by the Seller and that no warranty or representation as to its accuracy or completeness is made by the Seller, the Broker, or any other person or entity. Nor does Seller, or Broker, or any other person or entity in any way guarantee future business performance. Xxxxx is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns and any other facts which might influence Xxxxx's purchasing decision or the price Buyer is willing to pay. Any decision by Xxxxx to purchase the Business shall be based solely on Xxxxx's own investigation and that of Xxxxx's legal, tax, and other advisors. Should the Buyer seek any representation, warranty, or guarantee from the Seller or any other person or entity, that would need to be by a separate subsequent document agreed to and executed by any and all persons to be so bound.