I/We,
being the people named in the Schedule set out below, acknowledge that we are
the prospective Buyers if the business described in the Schedule and in
consideration of you and the Seller allowing us to inspect a business profile
and other material relating to the business and/or the Seller’s agreement on
the Seller’s behalf to allow us to inspect the business, we acknowledge and
agree as follows:
- The business profile
and material may include:
(a) Non verified and unaudited trading results and/or
profit and loss reports;
(b) Related industry averages and/or approximate
costs/expenses, projected trading estimates.
- That the profile and
its information are to be used and accepted as a guide only. All
information contained in it, is our responsibility to verify and confirm,
and we agree not to hold ABS Business Sales and or its salespersons and
authorised personnel responsible for its accuracy, liability, or loss
suffered by us in relation to the information contained in the profile.
- The business profile
and material and all things connected and related to this material are
confidential and we agree to them to any other person except out legal,
accounting, financial advisers and bankers but then only on the basis that
they have to provide to us their agreement prior to receipt of the
material to keep this information confidential unless the Seller’s prior
written consent is first had and obtained to disclosure of this material to
that party.
- We acknowledge, that
as a result of perusing the business and material, and during the course
of the inspection of the business we will become aware of information
regarding the operation of the business and in particular the marketing of
the business which is personal to the Seller and which has real financial
value to the Seller. We acknowledge that should such information become
known to the Seller’s competitors or other parties interested in setting
up a similar business in opposition to the Seller, or used by ourselves in
the operation of a similar business that these actions could cause
financial hardship to the Seller and therefore the Seller might seek
compensation.
- All inspections of
the business are to be by an appointment arranged organised through ABS
Business Sales only, and we agree not to attempt to inspect the business
or the premises upon which the business is carried on, or contact the
Seller direct other than through and with ABS Business Sales. I/We have
been introduced to the below mentioned business(es) by ABS Business Sales
and or its personnel.
I/We understand that ABS Business Sales,
its agents and or its personnel are not Investment or Financial Advisors. Its role
in this matter is to simply relay information on the below mentioned
business(es) as provided by the Seller in its capacity as a representative of
the Seller. Furthermore, I/We acknowledge that we agree to the above conditions.