Common use of No Implied Representations Clause in Contracts

No Implied Representations. Notwithstanding anything contained in this Article or any other provision of this Agreement or any of the related documents, it is the explicit understanding of each party hereto that the Company and the Stockholders are not making any representation or warranty whatsoever, express or implied, other than those representations and warranties of the Company and the Stockholders in this Agreement and the related documents. It is understood that any estimates, projections or other predictions which otherwise have been provided to PalEx are not and shall not be deemed to be representations or warranties of the Company or the Stockholders, but as the good faith estimates and assumptions of the Company and the Stockholders intended to be reasonable at the time made concerning the most likely course of the Company and its businesses. The Company, the Stockholders and PalEx acknowledge that there are uncertainties inherent in attempting to make such estimates, projections and other predictions, that the Company, the Stockholders and PalEx are familiar with such uncertainties, that the Company, the Stockholders and PalEx are taking full responsibility for making their own evaluation of the adequacy and accuracy of all estimates, projections and other predictions so furnished to them, and that neither PalEx, the Stockholders nor any of the Founding Companies shall have any claim against anyone with respect thereto.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization and Merger (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc)

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No Implied Representations. Notwithstanding anything contained in this Article or any other provision of this Agreement or any of the related documents, it is the explicit understanding of each party hereto that the Company and the Stockholders Stockholder are not making any representation or warranty whatsoever, express or implied, other than those representations and warranties of the Company and the Stockholders Stockholder in this Agreement and the related documents. It is understood that any estimates, projections or other predictions which otherwise have been provided to PalEx are not and shall not be deemed to be representations or warranties of the Company or the StockholdersStockholder, but as the good faith estimates and assumptions of the Company and the Stockholders Stockholder intended to be reasonable at the time made concerning the most likely course of the Company and its businesses. The Company, the Stockholders Stockholder and PalEx acknowledge that there are uncertainties inherent in attempting to make such estimates, projections and other predictions, that the Company, the Stockholders Stockholder and PalEx are familiar with such uncertainties, that the Company, the Stockholders Stockholder and PalEx are taking full responsibility for making their own evaluation of the adequacy and accuracy of all estimates, projections and other predictions so furnished to them, and that neither PalEx, the Stockholders Stockholder nor any of the Founding Companies shall have any claim against anyone with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization and Merger (Palex Inc), Agreement and Plan of Reorganization and Merger (Palex Inc)

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