Common use of BUSINESS RISKS; NO FINANCIAL PROJECTIONS Clause in Contracts

BUSINESS RISKS; NO FINANCIAL PROJECTIONS. The FRANCHISEE acknowledges that it has conducted an independent investigation of the City Looks Salons International business franchised hereunder, and recognizes that the business venture contemplated by this Agreement involves business and economic risks and that the financial and business success of the business will be primarily dependent upon the personal efforts of the FRANCHISEE, its management and employees. CITY LOOKS expressly disclaims the making of, and the FRANCHISEE acknowledges that it has not received, any estimates, projections, warranties or guaranties, express or implied, regarding potential Gross Revenues, profits, earnings or the financial success of the FRANCHISEE'S City Looks business, except as may be expressly set forth in writing in CITY LOOKS' Uniform Franchise Offering Circular, receipt of which is acknowledged by the FRANCHISEE.

BUSINESS RISKS; NO FINANCIAL PROJECTIONS. The FRANCHISEE acknowledges that it has conducted an independent investigation of the prospects for the establishment of City Looks Salons International business franchised hereunderbusinesses within the Franchised Area, and recognizes that the business venture contemplated by this Agreement involves business and economic risks and that the its financial and business success of the business will be primarily dependent upon the personal efforts of the FRANCHISEE, its management and employees. CITY LOOKS expressly disclaims the making of, and the FRANCHISEE acknowledges that it has not received, any estimates, projections, warranties or guaranties, express or implied, regarding potential Gross Revenues, profits, earnings or the financial success of the FRANCHISEE'S City Looks businessbusinesses, except as may be expressly set forth in writing in CITY LOOKS' City Looks Salons International Uniform Franchise Offering Circular, receipt of which is acknowledged by the FRANCHISEE.