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provided, however, that in the case of Bancorp, Bancorp\u2019s Knowledge shall be deemed the actual knowledge of \u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587 and \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 without regard to any requirement of due inquiry.", "hash": "0eb7fcf354af5effdb9c6c85c723affb", "id": 7}, {"size": 1, "snippet_links": [{"key": "buyer-damages", "type": "definition", "offset": [75, 88]}, {"key": "arising-out-of", "type": "definition", "offset": [89, 103]}, {"key": "breach-of-any", "type": "clause", "offset": [126, 139]}, {"key": "representation-or-warranty", "type": "clause", "offset": [140, 166]}, {"key": "actual-knowledge", "type": "definition", "offset": [252, 268]}, {"key": "statement-of", "type": "clause", "offset": [297, 309]}, {"key": "statements-of-fact", "type": "clause", "offset": [366, 384]}, {"key": "not-misleading", "type": "clause", "offset": [403, 417]}, {"key": "in-no-event-shall", "type": "clause", "offset": [447, 464]}, {"key": "breach-by", "type": "clause", "offset": [506, 515]}, {"key": "other-seller", "type": "definition", "offset": [520, 532]}, {"key": "pro-rata-share", "type": "definition", "offset": [620, 634]}, {"key": "the-purchase-price", "type": "clause", "offset": [638, 656]}], "samples": [{"hash": "lPtI6YdAFoZ", "uri": "/contracts/lPtI6YdAFoZ#fraud-intentional-misrepresentation", "label": "Stock Purchase Agreement (United States Filter Corp)", "score": 18.0, "published": true}], "snippet": "The limitations set forth in Sections 7.4(a) and 7.4(b) shall not apply to Buyer Damages arising out of (i) fraud or (ii) the breach of any representation or warranty contained herein or pursuant hereto if such representation or warranty was made with actual knowledge that it contained an untrue statement of a fact or omitted to state a fact necessary to make the statements of fact contained therein not misleading; 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specify remedies and exclusions to ensure enforceability and clarity of parties\u2019 rights.", "explanation": "The 'Fraud; Intentional Misrepresentation' clause defines the parties' rights and remedies in the event that one party engages in fraudulent conduct or deliberately provides false information. Typically, this clause clarifies that any protections, limitations of liability, or indemnities in the agreement do not apply if a party is found to have committed fraud or intentional misrepresentation. For example, if a party knowingly submits false financial statements during a transaction, the other party may pursue legal remedies without being restricted by the contract's usual limitations. This clause serves to deter dishonest behavior and ensures that parties cannot shield themselves from liability for intentional wrongdoing."}, "json": true, "cursor": ""}}