Deemed Knowledge definition

Deemed Knowledge or words of similar import shall mean as follows:
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Deemed Knowledge means knowledge that a person is deemed to have of facts that he would have discovered had he made the usual and proper inquiries;
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Deemed Knowledge means the knowledge of the content of an invoice and/or statement that the owner is deemed to have as he/ she would have discovered it by making the usual and proper inquiries from the managing agent;
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Examples of Deemed Knowledge in a sentence

  • Deemed Knowledge Without limitation to its actual knowledge, the Contractor shall for all purposes of this Agreement, be deemed to have such knowledge in respect of the Project as is held (or ought reasonably to be held) by any Contractor Related Party.

  • If, notwithstanding that Purchaser has Deemed Knowledge of any such matter, as aforesaid, Purchaser nevertheless elects to close the transaction contemplated by this Agreement, then Purchaser shall be deemed to have waived any and all rights and remedies otherwise available to Purchaser with respect to such breach of which Purchaser has Deemed Knowledge, which waiver expressly shall survive Closing.

  • To the extent that Buyer has actual knowledge or Deemed Knowledge (as applicable) prior to the expiration of the Due Diligence Period that any Seller’s representations and warranties are inaccurate, untrue or incorrect in any material respect, such representations and warranties shall be deemed modified to reflect Buyer’s actual knowledge or Deemed Knowledge.

  • Deemed Knowledge Without limitation to its actual knowledge, the Contractor shall for all purposes of this Agreement, be deemed to have such knowledge in respect of the Services as is held (or ought reasonably to be held) by any Contractor Related Party.

  • By closing the Transactions with actual knowledge or Deemed Knowledge (as defined below), as applicable, that any of the conditions set forth in Sections 7.1 or 7.2 is not fulfilled, Buyer or Sellers shall be deemed conclusively to have waived the benefit of such unfulfilled condition contained in Sections 7.1 or 7.2, respectively, as and to the extent the same related to the facts or conditions about which Buyer or Sellers had actual knowledge or Deemed Knowledge, as applicable, as of the Closing.

Related to Deemed Knowledge

  • Knowledge means actual knowledge after reasonable investigation.

  • Best Knowledge means both what a Person knew as well as what the Person should have known had the Person exercised reasonable diligence. When used with respect to a Person other than a natural person, the term "Best Knowledge" shall include matters that are known to the directors and officers of the Person.

  • Parent’s Knowledge means the actual knowledge of those individuals identified in Section 1.1(b) of the Parent Disclosure Schedule.

  • Knowledge of the Buyer means the knowledge, after due inquiry, of any of the officers or directors of Buyer.

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