Knowledgeable Party definition
Examples of Knowledgeable Party in a sentence
Purchaser shall provide copies of any correspondence sent to or received from any such Knowledgeable Party within two (2) Business Days after receipt or dispatch, as the case may be.
Purchaser shall not have the right to make any commitments to any Knowledgeable Party that are in any way binding on Seller or the Property.
Seller (and, at Seller's option, Seller's counsel) shall have the absolute right to be present at any meetings (including meetings conducted by telephone) with any Knowledgeable Party.
This Non-Purchased Inventory Use and Purchase Agreement (“Agreement”) by and between the Buyers and Sellers, effective as of December 1, 2002.
In the event any Knowledgeable Party is required by Law to disclose any AOD Confidential Information, such Knowledgeable Party will promptly notify the AOD Entity in writing, which notification will include the nature of the legal requirement and the extent of the required disclosure, and will cooperate with the AOD Entity’s reasonable requests, at AOD Entity’s costs and expenses, to preserve the confidentiality of such AOD Confidential Information consistent with applicable Law.
Each Knowledgeable Party further agrees to take commercially reasonable steps, to the extent within its control, to safeguard such AOD Confidential Information and to protect it against disclosure, misuse, espionage, loss, and theft.
The Knowledgeable Party shall also promptly give the Other Party a copy of any non-privileged statement, report, notice, claim, action or proceeding given to or received in connection therewith.
During the term of the Lease, if either Lessor or Lessee knows, or has reasonable cause to believe, that a Hazardous Substance, or a condition involving or resulting from same, has come to be located in, on, under or about the Premises, other than in compliance with Applicable Environmental Law, that party (the "Knowledgeable Party") shall promptly give written notice of such fact to the other party to the Lease (the "Other Party").