Common use of VENDOR'S KNOWLEDGE Clause in Contracts

VENDOR'S KNOWLEDGE. The knowledge or awareness of Vendor herein consists of the actual knowledge or awareness of its current officers and employees who are primarily responsible for the matter in question in the course of their normal duties (other than those employees employed in the field who do not have management responsibilities), after reasonable inquiry of Vendor’s applicable files and records. For these purposes, knowledge and awareness do not include the knowledge of any Third Party or constructive knowledge. Vendor does not have any obligation to make inquiry of Third Parties or the files and records of any Third Party or public authority in connection with representations and warranties that are made to its knowledge or awareness.

Appears in 1 contract

Sources: Asset Sale Agreement

VENDOR'S KNOWLEDGE. The knowledge or awareness of the Vendor herein consists of the actual knowledge or awareness of its current officers and employees who are primarily responsible for the matter in question in the course of their normal duties (other than those employees employed in the field who do not have management responsibilities), after reasonable inquiry of the Vendor’s applicable files and records. For these purposes, knowledge and awareness do not include the knowledge of any Third Party third party or constructive knowledge. The Vendor does not have any obligation to make inquiry of Third Parties third parties or the files and records of any Third Party third party or public authority in connection with representations and warranties that are made to its knowledge or awareness.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Centor Energy, Inc.)