Basis of Buyer’s Decision. Buyer represents that by reason of its knowledge and experience in the evaluation, acquisition and operation of oil and gas properties, Buyer has evaluated the merits and the risks of purchasing the Assets from Sellers and has formed an opinion based solely on Buyer's knowledge and experience and not on any representations or warranties by Sellers. Buyer represents that it has not relied and will not rely on any statements by Sellers or their representatives in making its decision to enter into this Agreement or to close this transaction.
Basis of Buyer’s Decision. Buyer represents that by reason of its knowledge and experience in the evaluation, acquisition, and operation of oil and gas properties, Buyer has evaluated the merits and the risks of purchasing the Assets from Seller, and has formed an opinion based solely on Buyer’s knowledge and experience, Buyer’s due diligence and Seller’s representations, warranties, covenants and agreements contained in this Agreement and Seller’s Closing Documents, and not on any other representations or warranties by Seller. Buyer represents that it has not relied and shall not rely on any statements by Seller or its representatives (other than those representations, warranties, covenants and agreements of Seller contained in this Agreement and Seller’s Closing Documents) in making its decision to enter into this Agreement or to close this transaction.
Basis of Buyer’s Decision. Buyer represents that by reason of its knowledge and experience in the evaluation, acquisition, and operation of oil and gas properties, Buyer has evaluated the merits and the risks of purchasing the Assets from Xxxxxxxx LLC, and has formed an opinion based solely on Buyer’s knowledge and experience, Buyer’s due diligence, and the Seller Parties’ representations, warranties, covenants, and agreements contained in this Agreement, and not on any other representations or warranties by the Seller Parties. Buyer represents that it has not relied and shall not rely on any statements by a Seller Party or its representatives (other than those representations, warranties, covenants, and agreements of the Seller Parties contained in this Agreement) in making its decision to enter into this Agreement or to close the transactions contemplated hereby.
Basis of Buyer’s Decision. Buyer represents that by reason of its knowledge and experience in the evaluation, acquisition, and operation of oil and gas properties, Buyer has evaluated the merits and the risks of purchasing the Assets from Seller, and has formed an opinion based solely on Buyer’s knowledge and experience, Buyer’s due diligence and Seller’s representations, warranties, covenants and agreements contained in this Agreement, and not on any other representations or warranties by Seller. Buyer represents that it has not relied and shall not rely on any statements by Seller or its representatives (other than those representations, warranties, covenants and agreements of Seller contained in this Agreement) in making its decision to enter into this Agreement or to close this transaction.
Basis of Buyer’s Decision. Buyer represents that:
(a) It has reviewed and investigated the Interests and Property to its satisfaction in order to enter into this Agreement.
(b) It has evaluated the Interests and Property to its satisfaction and has made an informed decision, as a prudent and knowledgeable purchaser, to acquire the Interests and Property.
(c) It is knowledgeable and experienced in the evaluation, acquisition, and operation of oil and gas properties.
(d) It has evaluated the merits and risks of purchasing the Interests and has formed an opinion based solely upon its knowledge and experience and not in reliance on any statements or actions by ExxonMobil or its Associated Parties.
(e) It will acquire the Interests and Property “as is, where is,” and with all faults.
Basis of Buyer’s Decision. Buyer represents that:
(a) it has reviewed and investigated the Interests and Property to its satisfaction in order to enter into this Agreement;
(b) it has evaluated the Interests and Property to its satisfaction and has made an informed decision, as a prudent and knowledgeable purchaser, to acquire the Interests and Property;
(c) it is knowledgeable and experienced in the evaluation, acquisition, and operation of oil and gas properties;
(d) it has evaluated the merits and risks of purchasing the Interests and has formed an opinion based solely upon its knowledge and experience and not in reliance on any statements or actions by XTO Energy or its Associated Parties; and
(e) it will acquire the Interests and Property “as is, where is,” and with all faults.
Basis of Buyer’s Decision. Buyer is an experienced and knowledgeable investor in the oil and gas business. By reason of such knowledge and experience in the evaluation, acquisition, and operation of oil and gas properties, Buyer has evaluated the merits and the risks of purchasing the Conveyed Assets from Seller and has formed an opinion based solely on Buyer’s knowledge and experience, Buyer’s due diligence, and Seller’s representations and warranties contained in this Agreement and not on any other representations or warranties by Seller. In making its decision to enter into this Agreement, Buyer has made its own independent investigation and evaluation of Seller and the Properties and the advice of its own legal, Tax, economic, environmental, engineering, geological and geophysical advisors, and Buyer has not relied and shall not rely on any statements, comments, projections or other material made or given by Seller, its Affiliates or any of their Representatives (other than those representations and warranties of Seller contained in Article 3 of this Agreement) in making its decision to enter into this Agreement or to close the Contemplated Transactions, and Seller shall have no liability to Buyer under this Agreement for its reliance on any information regarding Seller or the Properties that is not contained in this Agreement.
Basis of Buyer’s Decision. Buyer:
(i) has reviewed and investigated the Beta Interests and the Property to its satisfaction in order to enter into this Agreement;
(ii) has evaluated the Beta Interests and the Property to its satisfaction and has made an informed decision, as a prudent and knowledgeable Buyer, to acquire the Beta Interests;
(iii) is knowledgeable and experienced in the evaluation, acquisition, and operation of oil and gas properties;
(iv) has evaluated the merits and risks of purchasing the Beta Interests and has formed an opinion based solely upon its knowledge and experience and not in reliance on any statements or actions by Noble or its Associated Parties; and
(v) is acquiring the Beta Interests "AS IS, WHERE IS, WITH ALL FAULTS."
Basis of Buyer’s Decision. Buyer represents as follows: --------------------------
(a) It has reviewed the Interests to its satisfaction to enable it to evaluate the Interests in order to enter into this Agreement.
(b) It is knowledgeable and experienced in the evaluation, acquisition, and operation of oil and gas properties.
(c) Buyer has performed sufficient review and investigation to evaluate the Interests to its satisfaction and to enable it to make an informed decision, as a prudent and knowledgeable purchaser, to acquire the Interests.
(d) It has evaluated the merits and risks of purchasing the Interests and has formed an opinion based solely upon its knowledge and experience and not upon any statements or actions of Seller.
(e) It will acquire the Interests "as is, where is".
Basis of Buyer’s Decision. Buyer represents that:
(a) It has reviewed SJPC's records, Formax's records and the Formax Property to its satisfaction to enable it to evaluate SJPC in order to enter into this Agreement (subject, however, to the limitations described in Section 5.01).
(b) Buyer has performed sufficient review and investigation to evaluate SJPC, Formax and the Formax Property (but not including the SJPC Property) to its satisfaction and to enable it to make an informed decision, as a prudent and knowledgeable purchaser, to acquire SJPC.
(c) It is knowledgeable and experienced in the evaluation, acquisition, and operation of oil and gas properties and companies.
(d) It has evaluated the merits and risks of purchasing SJPC and has formed an opinion based solely upon its knowledge and experience and not upon any statements or actions by Exxon or its Associated Parties.
(e) It has not relied on statements or actions by Exxon or its Associated Parties in making its decision to enter into this Agreement.
(f) It accepts the condition of SJPC, Formax, and the Formax Property, including any and all matters whatsoever related to SJPC, Formax, and the Formax Property "AS IS, WHERE IS" and without any representation, warranty or guarantee, express or implied, as to the merchantability, fitness for a particular purpose or otherwise as to the condition, size, extent, quantity, type or value of the business, liabilities or assets of SJPC, Formax and the Formax Property.
