Common use of Definition of Seller’s Knowledge Clause in Contracts

Definition of Seller’s Knowledge. In those instances where Seller’s representations are made on the basis of Seller’s “knowledge,” such representations are made by Seller on the basis of the actual, conscious knowledge of Xxxxxxx X. Xxxxxx, Vice President of Land & Marketing, and Xxx X. Xxxxxxxxxxx, Vice President of Exploration, without any inquiry.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Abraxas Petroleum Corp)

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Definition of Seller’s Knowledge. In those instances where With respect to Seller’s representations Representations, the term Seller’s Knowledge shall mean and refer to the Knowledge of Xxxxx Xxxxxxx, the President of Xxxxx Investments. Seller represents and warrants to Buyer that such persons are made in an official position on behalf of Seller to have the basis information or the obligation to investigate to obtain such information and/or the responsibility on behalf of Seller for the matters and information which are the subject of Seller’s “knowledge,” such representations are made by Seller Representations. Nothing contained in this Section 6.14 shall impose any personal liability on the basis any of the actual, conscious knowledge of Xxxxxxx X. Xxxxxx, Vice President of Land & Marketing, and Xxx X. Xxxxxxxxxxx, Vice President of Exploration, without any inquiryforegoing individuals.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Industrial Property Trust Inc.)

Definition of Seller’s Knowledge. In those instances where Seller’s representations are made on the basis of Seller’s knowledge,” such representations are made by Seller on the basis of the actual, conscious actual knowledge of Xxxxxxx X. XxxxxxSeller’s personnel at or above the officer level, Vice President after making inquiry of Land & Marketing, and Xxx X. Xxxxxxxxxxx, Vice President of Exploration, without any inquirythe first-level supervisory employees that are responsible for supervising the applicable matter.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Armada Oil, Inc.)

Definition of Seller’s Knowledge. In those instances where Seller’s representations are made on the basis of Seller’s knowledge,” such representations are made by Seller on the basis of the actual, conscious actual knowledge of Xxxxxxx X. Xxxxxx, Vice President of Land & Marketing, and Xxx X. Xxxxxxxxxxx, Vice President of ExplorationSeller’s personnel listed on Schedule 6(p), without any investigation or further inquiry.

Appears in 1 contract

Samples: Purchase and Sale Agreement (PetroShare Corp.)

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Definition of Seller’s Knowledge. In those instances where Seller’s representations are made on Knowledge” means the basis current actual knowledge of Sxxxx XxXxxxxxx, the asset manager of the Property, who is the individual in Seller’s organization who works directly with the property manager (knowledge,Seller’s Representative”) without independent inquiry or investigation; provided that “Seller’s Knowledgesuch representations are made by Seller on does not include the basis of the actual, conscious knowledge of Xxxxxxx X. Xxxxxxany other person or firm and shall not apply to, Vice President or be construed to include, information or material which may be in the possession of Land & MarketingSeller generally or incidentally, and Xxx X. Xxxxxxxxxxx, Vice President but of Exploration, without any inquirywhich Seller’s Representative is not actually aware.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)

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