Common use of Independent Decision Clause in Contracts

Independent Decision. Purchaser has made its own independent analysis and judgment of the commercial potential, condition and usefulness of the Assets and the Business, and is not relying upon any projections from Sellers regarding prospective operations of the Assets in the future.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Premcor Refining Group Inc), Asset Purchase and Sale Agreement (Williams Companies Inc)

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Independent Decision. Purchaser Buyer has made its own independent analysis and judgment of the commercial potential, condition potential and usefulness of the Assets and the BusinessAssets, and is not relying upon any projections from Sellers Seller regarding prospective operations of the Assets Assets. Buyer has such knowledge and experience in business and financial affairs in general as to be capable of evaluating the futuremerits and risks of purchasing the Assets.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Tosco Corp), Asset Purchase and Sale Agreement (Ultramar Diamond Shamrock Corp)

Independent Decision. Purchaser has made its own independent analysis and judgment of the commercial potential, condition potential and usefulness of the Assets and the BusinessAssets, and is not relying upon any projections from Sellers Seller regarding prospective operations of the Assets in the futureAssets.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Valero Energy Corp/Tx), Sale and Purchase Agreement (Tesoro Petroleum Corp /New/)

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Independent Decision. Purchaser has made its own independent analysis and judgment of the commercial potential, condition potential and usefulness of the Assets and the Business, and is not relying upon any projections information from Sellers regarding prospective operations of the Assets in the futureSites.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Tesoro Corp /New/)

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