Every professional business valuation report is required to contain Limiting Conditions which clearly outline circumstances under which the valuation report may be used as well as circumstances under which the valuation conclusion will not be applicable. The Limiting Conditions define the special conditions which limit the use of the valuation report by articulating the intended use as well as intended users of the conclusions of the business valuation report. The Limiting Conditions also establish the parameters and constraints under which the business valuation took place.