Terms Of Service
NON-DISCLOSURE AND CONFIDENTIALITY COVENANT PERTAINING TO THE FINANCIALS AND PROPRIETARY INFORMATION OF:
Facilities owned by Nothsac Investments LLC
To be signed by interested principal(s) NOT AGENT OR BROKER
This Confidentiality Agreement is made and agreed to by Nothsac Investments LLC as representative of the Owner of the Subject Property and Prospective Purchaser.
Prospective Purchaser has requested information from Owner/Assigner for the purpose of evaluating a possible acquisition of the Property.
Owner has instructed Nothsac Investments LLC to deliver information concerning the Property, much of which is highly confidential, only to those Prospective Purchasers who sign this agreement.
The parties agree, in consideration of the covenants and agreements contained herein, as follows:
- Prospective Purchaser will not disclose, permit the disclosure of, release, disseminate or transfer, any information obtained hereunder (“Information”) to any other person or entity.
- If Prospective Purchaser is a corporation, partnership, limited liability company or other non-natural legal entity, the person(s) signing this Agreement on behalf will take all appropriate precautions to limit the dissemination of the Information only to those persons within the entity who have need to know of the information, and who are specifically aware of the Agreement and agree to honor it
- This Agreement applies to all Information received from Nothsac Investment LLC, now or in the future, which is not readily available to the general public. Prospective Purchaser understands that all information shall be deemed confidential, valuable and proprietary such that its unauthorized disclosure, even without intent to harm, could cause substantial and irreparable harm to Owner and Broker.
- All information shall be used for the sole purpose of evaluating the potential acquisition of the Property, and it shall not at any time, or in any manner, be used for any other purpose.
- Prospective Purchaser shall not contact directly any persons (including Owners) concerning the Property, other than Nothsac Investments LLC, without written permission. Such persons include, without limitation, Owner’s employees, suppliers, and tenants. Prospective Purchaser also agrees not to contact City, County, or State departments in regard to the availability or possible sale of subject property without prior written consent from the Broker and/or Owner.
- Prospective Purchaser acknowledges that it is not an agent on behalf of any other party in conjunction with the purchase of the Property.
- Nothsac Investments LLC or Owner make any representations or warranty, express or implied, as to the accuracy or completeness of any information provided by them. Prospective Purchaser assumes full and complete responsibility for the reconfirmation and verification of all Information received and expressly waives all rights of recourse against the Owner and Broker with respect to same.
- The Persons signing on behalf of Prospective Purchaser and Broker represent that they have the authority to bind the party for whom they sign.
Principal Name/Potential Buyer: Signature: