Borrower’s Knowledge Clause Samples
The "Borrower’s Knowledge" clause defines the scope and meaning of what constitutes the borrower's knowledge for the purposes of representations, warranties, and covenants in an agreement. Typically, it specifies whether knowledge is limited to the actual awareness of certain individuals (such as officers or directors) or includes what those individuals should have known after reasonable inquiry. By clarifying whose knowledge is relevant and whether it includes constructive knowledge, this clause helps allocate risk and prevent disputes over whether the borrower was aware of certain facts or circumstances at the time of making contractual statements.
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Borrower’s Knowledge. Whenever a representation or warranty is made “to Borrower’s knowledge,” “to Borrower’s best knowledge,” or a term of similar import, such term shall mean the actual knowledge of Borrower or its officers or directors who would be likely to have actual knowledge of the relevant subject matter.
Borrower’s Knowledge. Any statements, representations or warranties which are based upon the knowledge of Borrower shall be deemed to have been limited to the knowledge, made after due inquiry by ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, President of PGLP, Inc., the managing general partner of Borrower, and President, Chairman and Chief Executive Officer of The Prime Group, Inc., and ▇▇▇▇ ▇. ▇▇▇▇▇▇, Vice President and Treasurer of PGLP, Inc., the managing general partner of Borrower and the Senior Vice President and Chief Financial Officer of The Prime Group, or, if such persons are not then serving Borrower in their present capacities, their successors., with respect to the matter in question.
Borrower’s Knowledge. Any statements, representations or warranties that are based upon the best knowledge of Borrower or an officer thereof shall be deemed to have been made after due inquiry by Borrower or an officer, as applicable, with respect to the matter in question.
Borrower’s Knowledge the knowledge of Borrower or Owner or any of its respective directors, officers, members or employees. Such Borrower or Owner or any of its respective directors, officers, members or employees shall be deemed to have knowledge of any applicable fact if (i) such Person has actual knowledge of such fact, or (ii) such Person has received a notification of such fact.
Borrower’s Knowledge. As used herein the term “to Borrower’s actual knowledge” or “to Borrower’s knowledge” is intended to mean to the actual knowledge of employees, officers, contractors or in-house attorneys of DRC or any subsidiaries or Affiliates of DRC and its outside law firms and attorneys who have been involved with or undertaken due diligence in connection with the Bankruptcy Case, Sale Order, APA or the Acquired Assets.
Borrower’s Knowledge. Any statements, representations or warranties in the Loan Instruments that are based upon the best knowledge of Borrower or an officer thereof shall be deemed to have been made after due inquiry by Borrower or an officer, as applicable, with respect to the matter in question.
Borrower’s Knowledge. For purposes of the Loan Documents, the phrase “to Borrower’s knowledge”, or similar words (such as “to the best of Borrower’s knowledge”) shall mean the current actual knowledge of S▇▇▇ ▇▇▇▇▇▇▇▇ and/or R▇▇▇▇▇▇ ▇▇▇▇▇, without any duty of investigation or inquiry of any other person.
Borrower’s Knowledge. Any statements, representations or warranties in the Loan Documents that are based upon the knowledge or best knowledge of Borrower or an officer thereof shall be deemed to have been made after due inquiry by the officer making such statements, representations or warranties on behalf of Borrower or himself or herself, as applicable, with respect to the matter in question, and Borrower shall not be imputed with knowledge of any fact or circumstance unless a Responsible Officer of Borrower shall have or should have had actual knowledge of such fact or circumstance.
Borrower’s Knowledge. With respect to all items stated herein as being to Borrower’s knowledge, such knowledge shall mean the current actual knowledge of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and/or ▇▇▇▇▇ ▇▇▇▇▇▇▇, after consulting with the property managers.
Borrower’s Knowledge. Any statements, representations or warranties -------------------- that are based upon the best knowledge of Borrowers shall be deemed to have been made to Borrowers' actual knowledge after due inquiry with respect to the matter in question.