Common use of Knowledge Standard Clause in Contracts

Knowledge Standard. The terms “to the best of the knowledge of the Seller,” “to Seller’s knowledge,” and other phrases of like substance are to be construed to: include the actual knowledge of Seller only without any inquiry.

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Maple X, Inc.), Purchase and Sale Agreement (Maple X, Inc.), Purchase and Sale Agreement (Maple X, Inc.)

Knowledge Standard. The terms “to the best of the knowledge of the Seller,” ”, “to the best knowledge of the Seller”, to “Seller’s knowledge,” and other phrases of like substance are to be construed to: to include only the actual knowledge of Seller only without any inquirythe officers of Seller.

Appears in 1 contract

Sources: Contract of Sale in Lieu of Condemnation (American Locker Group Inc)

Knowledge Standard. The terms “to the best of the knowledge of the Seller,” ”, “to Seller’s knowledge,” and other phrases of like substance are to be construed to: include the actual knowledge of Seller only without any inquiry.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Maple X, Inc.)