Common use of Independent Decision Clause in Contracts

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

Appears in 2 contracts

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

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

Appears in 2 contracts

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

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

Appears in 2 contracts

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

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Frontier Oil Corp /New/)

Independent Decision. Buyer has made its own independent analysis and judgment of the commercial potential potential, condition and usefulness of the Assets, taking into consideration all current Legal Requirements and the likelihood that such laws and requirements will change in the future, and is not relying upon any projections from Seller regarding prospective operations of the Assets. Buyer has such knowledge and experience in business and financial affairs in general as to be capable of evaluating the merits and risks of purchasing the Assets.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Tosco Corp)

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