NON-DISCLOSURE AGREEMENT:
Information regarding the financial condition of the Resorts/Campgrounds will be disclosed to the Buyer in the course of preparation of the purchase agreement and in the course of preparation for closing of the transaction. The Buyer understands and agrees that such information is confidential and the disclosure of such information may have an adverse economic impact on the resort/campground operations and the current owner(s). To protect that information, the Buyer agrees to the following:
The Buyer will not disclose to any individual, corporation or entity any information obtained from Orion Resort Sales, which in any way relates to the value or conduct of the Resorts/Campgrounds without consent of Orion Resort Sales, except as follows: the Buyer may disclose such information to Buyer’s attorney, accountant or banker on condition that these professionals maintain confidentiality of the information. This provision is to be interpreted broadly, so as to apply to all directors, officers, agents or employees of the Buyer.
The Buyer agrees that they will not make any contact with the sellers of the properties. The Buyer also agrees not to visit the properties unless an appointment is scheduled in advance.
In the event the Buyer elects not to acquire any Resorts or Campgrounds, Buyer agrees to return to Orion Resort Sales all written materials supplied to the Buyer relating to the Resort.
Violation of this covenant of non-disclosure shall entitle the owners of the Resorts/Campgrounds, to any remedy or relief permitted by Minnesota law.
Any property information disclosed will be added to a cumulative list kept under file in buyer’s name.
BUSINESS OPPORTUNITIES DISCLAIMER:
The financial information being disclosed to you as a potential buyer for a property is valid to the best of the seller’s knowledge. Orion Resort Sales, the sellers, any agents or associates, cannot guarantee any future value or income potential of this business.
The success of the purchaser in operating this business is speculative and will depend on several factors including but not limited to the purchasers independent business ability. The purchaser has not relied upon any warranty or representation, written, oral, printed, expressed or implied, as to his/her ability to succeed in the business venture contemplated hereby and no one has promised, guaranteed or assured the buyer of any level of success or income. The buyers will not hold Orion Resort Sales, the sellers, any agents or associates liable for the performance of the business being considered.
Note: This is a legal document. By signing and submitting this form, you agree to the terms and conditions listed above.