Best of Knowledge definition

Best of Knowledge has the meaning set forth in Section 8.13.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Best of Knowledge of a person means that no information has come to the attention of such person that would give such person actual knowledge of facts contrary to the existence or absence of the facts indicated and that such person has not undertaken any independent investigation to determine the existence or absence of such facts.

Best of Knowledge shall be defined as follows: Each Person shall be deemed to have “Knowledge” of a particular fact or matter if such Person (and, if such Person is a corporation, partnership or other corporate entity, then the reference shall be to the chief executive officer, chief financial officer and internal general counsel, and (with respect to the Companies and Parent) in relation to the technical and intellectual property issues, also its chief technology officer, or any other persons carrying responsibilities similar to those of the forgoing office holders) is actually aware of such fact.

Examples of Best of Knowledge in a sentence

• To the Best of Knowledge the Global Group, all of the Contracts are in full force and effect and are enforceable against each party thereto in accordance with their terms.

• To the Best of Knowledge of the Global Group, Companies have delivered to City true, correct and complete copies of all of the Line Extension Agreements, including all amendments, modifications, supplements, extensions and renewals thereof.

• To the Best of Knowledge of the Global Group, Schedule 2.1(c), lists each and every Line Extension Agreement and correctly and accurately shows for each such agreement, at and as of the date of this Agreement: (a) all advances received by Companies and (b) all funds subject to refund pursuant to the agreement.

• Except as set forth in SCHEDULE 3.11 hereto, to the Best of Knowledge of the Shareholders, there is no order, action, suit, proceeding, claim or arbitration, or any investigation by or before any person or entity, including, but not limited to, any Governmental Authority, pending, issued, outstanding or threatened against or relating to any Primrose Franchisee or its business that might have a Material Adverse Effect.

• To the Best of Knowledge of the Shareholders, the Companies own all right, title and interest in, or have valid and subsisting license rights sufficient to use and to continue to use (as currently used by the Companies), all other Intellectual Property used in their operation of the Business, free and clear of any and all Encumbrances.

More Definitions of Best of Knowledge

Best of Knowledge means those matters of which the applicable Person is "aware" and language of similar import shall include all matters actually or constructively known by such Person, and which, in the case of IWT, shall include any of its directors, officers and key employees, in each case, after due diligence and reasonable investigation.

Best of Knowledge or similar phrase, means the actual knowledge the individual has based on the information possessed and belief formed without any specific inquiry into the matter in question. When the context refers to the knowledge possessed by Classic Trailer, it shall be deemed to refer to the best of Sellers' knowledge.

Best of Knowledge. Any statement in this Agreement expressed to be made to "the best of the Vendors' knowledge" and any other references to the knowledge of the Vendors shall be understood to be made on the basis of the Vendors' actual knowledge, after diligent inquiry, of the relevant subject matter or on the basis of such knowledge of the relevant subject matter as the Vendors would have had if they had conducted such diligent inquiry.

Best of Knowledge. Any reference in this Agreement to "the best of the knowledge" of a party or to "the knowledge" of a party will mean the actual knowledge of the party (which shall be the knowledge of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ in the case of Alrae) and the knowledge which such party would have had if such party had conducted a reasonably prudent inquiry into the relevant subject matter.

Best of Knowledge means the due inquiry of -------------- ----------------- the person making such statement of its officers, directors, appropriate employees and advisors who would be anticipated to have knowledge of such matter in a manner sufficient to reach an informed opinion.

Best of Knowledge as used with respect to a Person or its employees and representatives, means the actual knowledge and awareness of such Person as of the date of this Agreement.

Best of Knowledge or “Knowledge” has the meaning set forth in Section 8.13.