Common use of Buyer Knowledge Clause in Contracts

Buyer Knowledge. Seller shall not be liable under this Article 11 for any Covered Liabilities suffered or incurred by a Buyer Indemnified Person as a result of or arising out of any inaccuracy or breach of any representation or warranty of Seller in this Agreement or Seller’s Closing Certificate to the extent that such inaccuracy or breach was known, prior to the date hereof, by Buyer or the relevant Buyer Indemnified Person.

Appears in 2 contracts

Sources: Equity Purchase Agreement, Equity Purchase Agreement (Sandridge Energy Inc)