Actual Knowledge. The current, actual knowledge of any Responsible Individual of a Party, without duty of inquiry; provided that so qualifying such Party’s knowledge shall in no event give rise to any personal liability on the part of the Responsible Individual. Actual Knowledge shall not include constructive knowledge, imputed knowledge, or knowledge such Party or such Responsible Party do not have but could have obtained through further investigation or inquiry.
Appears in 3 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Rancon Realty Fund Iv), Purchase and Sale Agreement (Rancon Realty Fund V)