Knowledge of the Shareholders definition

Knowledge of the Shareholders means (i) the actual personal knowledge of (A) each member of the board of directors of the Company and (B) the executive officers of the Company, department heads and other principal persons, and (ii) the knowledge that any such person referenced in (i), as a prudent business person holding such position or having such responsibilities, would have obtained in the conduct of his or her duties.

Knowledge of the Shareholders means the actual knowledge, after ----------------------------- reasonable inquiry, of each of the Shareholders and of the officers and directors of the Company.

Knowledge of the Shareholders. SHAREHOLDERS' KNOWLEDGE" or words of similar import, shall mean the actual knowledge of the individuals listed in Schedule 9.6 and the knowledge that such individuals should have acquired in performing their respective duties as officers and/or employees of Executive and its Subsidiaries, as the case maybe.

Examples of Knowledge of the Shareholders in a sentence

• To the best Knowledge of the Shareholders, each such tangible asset is free from material defects, has been maintained in accordance with normal industry practice, is in good operating condition and repair (subject to normal wear and tear), and is suitable for the purposes for which it presently is used.

• Neither the Company nor any of the Subsidiaries is a party to any labor or collective bargaining agreement, and, to the Knowledge of the Shareholders, there has been no attempt to organize the employees of the Company or any of its Subsidiaries in the past two years.

• To the Knowledge of the Shareholders, none of the representations or warranties made by either Company or the Shareholders in this Agreement or any of the Ancillary Agreements, and none of the statements made in any Schedules or certificates required to be furnished by either Company or the Shareholders pursuant to this Agreement or any Ancillary Agreement, contains, or will contain at the Closing Date, any untrue statement of a material fact.

• To the best Knowledge of the Shareholders, each of NBS and the Affiliated Companies is and has been in compliance with all applicable laws respecting employment and employment practices, terms and conditions of employment and wages and hours, including without limitation, any such laws respecting employment discrimination and occupational safety and health requirements.

• There are no and have not been in the past two years any representation questions, strikes, work slowdowns, work stoppages, lockouts, arbitrations, grievances, unfair labor practice charges or complaints pending or, to the Knowledge of the Shareholders, threatened with respect to the Company or any of its Subsidiaries that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.

More Definitions of Knowledge of the Shareholders

Knowledge of the Shareholders. (whether or not capitalized) shall mean actual knowledge of the Shareholders after reasonable inquiry

Knowledge of the Shareholders means the actual knowledge of any Shareholder, or knowledge any Shareholder would have had after reasonable inquiry.

Knowledge of the Shareholders with respect to a Subject Company shall mean the Knowledge of any one or more of the Shareholders who is a shareholder or member of that Subject Company.

Knowledge of the Shareholders. (and any similar expression) means any matters known by Littrell, or which should be known by Littrell following reasonable inquiry.

Knowledge of the Shareholders means the actual knowledge, after reasonable inquiry, of any of the Shareholders or the individuals listed in Schedule I.

Knowledge of the Shareholders means the actual knowledge of any Shareholder together with the actual knowledge of the Shareholders' Representative after inquiry of other Personnel of the Companies who would reasonably be expected to have the relevant information, and "knowledge of Buyer" shall mean the actual knowledge of the executive officers of Buyer identified in Schedule 10.2 hereto after inquiry of other Personnel of Buyer who would reasonably be expected to have the relevant information. All accounting terms not defined in this Agreement (either in Article I or in the context in which it is used) shall have the meaning determined by GAAP. All capitalized terms defined herein are equally applicable to both the singular and plural forms. The language in all parts of this Agreement shall be construed, in all cases, according to its fair meaning. The parties acknowledge that each party and its counsel have reviewed and revised this Agreement and that any rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement.

Knowledge of the Shareholders and similar variations thereof, shall mean the actual knowledge, as of the relevant date, of Xxxxx X. Xxxxx or Xxxxxxx X. Xxxxxxx after reasonable inquiry of all employees of the Company responsible for the relevant matters.