Common use of NO LIABILITY FOR KNOWN BREACHES AND FACTS Clause in Contracts

NO LIABILITY FOR KNOWN BREACHES AND FACTS. Neither Seller nor Purchaser ----------------------------------------- shall have any obligation or liability under this Agreement or in connection with or with respect to the transactions contemplated in this Agreement for (i) any breach, misrepresentation or noncompliance with respect to any representation, warranty, covenant or obligation, if such breach, misrepresentation or noncompliance shall have been known by the other party at or before the Closing, or if (ii) any misrepresentation or breach of warranty if such other party had knowledge of the relevant facts at or before the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Eex Corp)

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NO LIABILITY FOR KNOWN BREACHES AND FACTS. Neither Seller nor Purchaser ----------------------------------------- shall have any obligation or liability under this Agreement or in connection with or with respect to the transactions contemplated in this Agreement for (i) any breach, misrepresentation or noncompliance with respect to any representation, warranty, covenant or obligation, if such other Party had actual knowledge of such breach, misrepresentation or noncompliance shall have been known by at least two (2) days prior to the other party Closing and did not give the non-complying Party the opportunity to cure such breach or misrepresentation prior to or at or before the Closing, or if (ii) any misrepresentation or breach of warranty if such other party had knowledge of the relevant facts at or before the Closing.

Appears in 1 contract

Samples: Confidentiality Agreement (Kestrel Energy Inc)

NO LIABILITY FOR KNOWN BREACHES AND FACTS. Neither Seller nor Purchaser ----------------------------------------- shall have any obligation or liability under this Agreement or in connection with or with respect to the transactions contemplated in this Agreement for (i) any breach, misrepresentation or noncompliance with respect to any representation, warranty, covenant or obligation, if such breach, misrepresentation or noncompliance shall have been known by the other party at or before the Closing, or if (ii) any misrepresentation or breach of warranty if such other party had knowledge of the relevant facts at or before the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Texoil Inc /Nv/)

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NO LIABILITY FOR KNOWN BREACHES AND FACTS. Neither Seller nor Purchaser ----------------------------------------- shall have any obligation or liability under this Agreement or in connection with or with respect to the transactions contemplated in this Agreement for (i) any breach, misrepresentation or noncompliance with respect to any representation, warranty, covenant or obligation, if such breach, misrepresentation or noncompliance shall have been known by the other party at or before the Closing, or if (ii) any misrepresentation or breach of warranty if such other party had knowledge of the relevant facts at or before the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Titan Exploration Inc)

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