Common use of Testing Procedure Limitations Clause in Contracts

Testing Procedure Limitations. Vendor will only be required to perform the testing procedures listed under “Tests” in Schedule A, and will not be obligated to perform additional procedures on any Subject Account or Subject Receivable or to provide any information other than a Review Report indicated for each Subject Account and Subject Receivable whether there was a Test Pass or a Test Fail for each Test, or whether the Subject Account or Subject Receivable was a Test Complete and the related reason. However, Vendor may provide additional information about any Subject Account or Subject Receivable that it determines in good faith to be material to the Review. Issuer expressly agrees that Vendor is not advising Issuer or any investor or future investor in securities issued by Issuer concerning the suitability of Issuer or any investment strategy. Issuer expressly acknowledges and agrees that Vendor is not an expert in accounting, tax, regulatory, or legal matters, and that Vendor does not provide legal advice as to any matter.

Testing Procedure Limitations. Vendor will only be required to perform the testing procedures listed under “Tests” in Schedule A, and will not be obligated to perform additional procedures on any Subject Account or Subject Receivable or to provide any information other than a Review Report indicated for each Subject Account and Subject Receivable whether there was a Test Pass or a Test Fail for each Test, or whether the Subject Account or Subject Receivable was a Test Complete and the related reason. However, Vendor may provide additional information about any Subject Account or Subject Receivable that it determines in good faith to be material to the Review. Issuer expressly agrees that Vendor is not advising Issuer or any investor or future investor in securities issued by the Issuer concerning the suitability of the Issuer or any investment strategy. Issuer expressly acknowledges and agrees that Vendor is not an expert in accounting, tax, regulatory, or legal matters, and that Vendor does not provide legal advice as to any matter.