Knowledge Persons definition
Examples of Knowledge Persons in a sentence
Purchaser will promptly inform Seller of (i) any breach by Purchaser of the covenants, representations and warranties set forth in this Agreement and (ii) receipt by Purchaser or the Purchaser Knowledge Persons of any notice from Account Debtor that (A) the transactions contemplated by this Agreement violate any law, rule or regulation of Account Debtor or (B) would otherwise call into question the validity of this Agreement.
None of the Purchaser Knowledge Persons have received any oral or written notice from Account Debtor that the execution, delivery and performance by Seller or Purchaser of this Agreement or any other document to be delivered by Seller or Purchaser hereunder contravenes any law, rule or regulation of Account Debtor.
Buyer shall be entitled to rely upon any notice, approval or decision expressed by any of the Knowledge Persons acting alone on behalf of all of the Transferors.
All references to the “knowledge of the Company” or to words of similar import will be deemed to be references to the actual knowledge of the Knowledge Persons and such knowledge that would reasonably be expected to be known by such Knowledge Persons in the ordinary and usual course of the performance of their professional responsibility, in each case after due inquiry.
No party hereto shall be deemed to have breached any representation or warranty that refers to the "knowledge" of such party, unless (a) with respect to Seller, any of the Seller Knowledge Persons has actual knowledge that such representation or warranty is materially inaccurate, and (b) with respect to Purchaser, any of the Purchaser Knowledge Persons has actual knowledge that such representation or warranty is materially inaccurate.