Requisite Knowledge Sample Clauses

The Requisite Knowledge clause defines the level of understanding, expertise, or information that a party must possess to fulfill their obligations under the agreement. Typically, this clause specifies that parties are expected to have the necessary skills, qualifications, or awareness relevant to the subject matter, such as technical know-how for a software contract or regulatory familiarity for a compliance agreement. By setting this standard, the clause ensures that parties cannot claim ignorance as a defense for non-performance, thereby promoting accountability and reducing the risk of disputes arising from misunderstandings or lack of expertise.
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Requisite Knowledge. The Vendor represents and warrants that it has all requisite knowledge, know-how, skill, expertise and experience to perform the Work in accordance with the terms of this Contract.
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Requisite Knowledge. 112 21.1.8 Financial Capacity.........................................112 21.2 Representations and Warranties of the Owner................112 21.2.1 Due Organization of the Owner..............................112 21.2.2 Due Authorization of the Owner; Binding Obligation.........113 21.2.3 Non-Contravention..........................................113 SECTION 22 TITLE AND RISK OF LOSS 22.1 Title......................................................113 22.2 Risk of Loss...............................................113 22.3 AS Products Risk of Loss...................................114 22.4 OTAF and Actiview Products Risk of Loss....................114
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Requisite Knowledge. The Purchaser represents that it has such knowledge and experience in business and financial matters with respect to investments in securities of privately-held, development-stage companies so as to enable it to understand and evaluate the risks of the Purchaser's investment in the Shares and to form an investment decision with respect thereto.
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Requisite Knowledge. The Vendor has or will obtain all requisite knowledge, know-how, skill, expertise and experience to perform its obligations in accordance with the terms of this Agreement. Samsung America has or will obtain all requisite knowledge, know-how, skill, expertise and experience to perform its obligations in accordance with the terms of this Agreement.
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Requisite Knowledge. The Owner has all requisite knowledge, ------------------- know-how, skill, expertise and experience to perform its obligations under this Agreement.
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Related to Requisite Knowledge

  • Knowledge Whenever a representation or warranty or other statement in this Agreement (including, without limitation, Schedule I hereto) is made with respect to a Person's "knowledge," such statement refers to such Person's employees or agents who were or are responsible for or involved with the indicated matter and have actual knowledge of the matter in question.

  • No Knowledge The Company has no knowledge of any event which would be more likely than not to have the effect of causing such Registration Statement to be suspended or otherwise ineffective.

  • Definition of “Knowledge For purposes of the Loan Documents, whenever a representation or warranty is made to Borrower’s knowledge or awareness, to the “best of” Borrower’s knowledge, or with a similar qualification, knowledge or awareness means the actual knowledge, after reasonable investigation, of the Responsible Officers.

  • Full Knowledge By their signatures, the parties acknowledge that they have carefully read and fully understand the terms and conditions of this Agreement, that each party has had the benefit of counsel, or has been advised to obtain counsel, and that each party has freely agreed to be bound by the terms and conditions of this Agreement.

  • Schedules; Knowledge Each party is presumed to have full knowledge of all information set forth in the other party's schedules delivered pursuant to this Agreement.