Common use of Definition of “Knowledge Clause in Contracts

Definition of “Knowledge. For purposes of this Agreement, Seller will be deemed to have “knowledge” of a particular fact or other matter if any individual who is serving, or who has at any time served, as a shareholder, director, officer or trustee of such person (or in any similar capacity) is, or at any time was, actually aware of such fact or other matter or if a reasonable inquiry by such person could reasonably be expected to disclose the existence of such fact or matter.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Miscor Group, Ltd.), Asset Purchase Agreement (Miscor Group, Ltd.), Asset Purchase Agreement (Miscor Group, Ltd.)

Definition of “Knowledge. For purposes of In this Agreement, any reference to the knowledge or awareness of Seller will be deemed shall mean the knowledge of any of the members or managers of Seller after each of them individually shall have made the inquiry that a reasonably prudent business person would have made with respect to have “knowledge” of a particular fact or other matter if any individual who is serving, or who has at any time served, as a shareholder, director, officer or trustee of such person (or in any similar capacity) is, or at any time was, actually aware of such fact or other matter or if a reasonable inquiry by such person could reasonably be expected to disclose the existence of such fact or mattermatters.

Appears in 1 contract

Sources: Asset Purchase Agreement (Indiginet Inc/Fl)

Definition of “Knowledge. For purposes of this Agreement, Seller will be deemed to have the “best of Seller’s knowledge” and “knowledge” shall mean the facts or matters of a particular fact which Seller’s officer, director or other matter if any individual who shareholder is servingactual aware, or who has at any time served, as a shareholder, director, officer those facts or trustee of matters which such person (or in any similar capacity) is, or at any time was, actually aware of such fact or other matter or if a reasonable inquiry by such person persons could reasonably be expected to disclose the existence of such fact or matter.be aware given their respective titles, positions and roles within Seller. LOULibrary 710692v.4

Appears in 1 contract

Sources: Asset Purchase Agreement (Almost Family Inc)

Definition of “Knowledge. For purposes of this Agreement, Seller will be deemed to have “knowledge” knowledge of a particular fact or other matter if any individual who is serving, or who has at any time served, as a shareholderlimited liability company manager, directorofficer, or partner or officer of Seller or trustee of such person (or in any similar capacity) isits general partner has, or at any time washad, actually aware knowledge of such that fact or other matter or if a reasonable inquiry by such person could reasonably be expected to disclose the existence of such fact or matter.

Appears in 1 contract

Sources: Asset Purchase Agreement (Englobal Corp)