Common use of Buyer Acknowledgment Clause in Contracts

Buyer Acknowledgment. Buyer acknowledges that (1) it is acquiring the Transferred Assets on an as is, where is basis, (2) it shall, without investigation, objection or requisition accept such title as Seller has to the Transferred Assets, and (3) accordingly, save as expressly set out in this agreement, no representations, warranties or other assurances of any kind are given by or on behalf of Seller and on which Buyer may rely in entering into this Agreement and on other statement, promise or forecast made by or on behalf of Seller may form the basis of, or be pleaded in connection with, any claim by Buyer under or in connection with this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Tality Corp), Asset Purchase Agreement (Tality Corp), Asset Purchase Agreement (Cadence Design Systems Inc)

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