Current Actual Knowledge Sample Clauses
The "current-actual-knowledge" clause defines the scope of a party's knowledge as it exists at the time of making a representation or warranty. It typically limits the party's responsibility to facts and information that are actually known by specific individuals, such as key officers or employees, rather than requiring exhaustive investigation or imputed knowledge. This clause helps allocate risk by clarifying that liability is based only on what is truly known at the relevant time, thereby protecting parties from claims based on unknown or undiscoverable information.
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Current Actual Knowledge. The representations and warranties herein which are based upon the current actual knowledge of the Emeritus Entities are based upon the current actual knowledge of the following employees of Emeritus: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Business Development and Legal Analyst; ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Director of Real Estate Finance; ▇▇▇▇▇ ▇▇▇▇▇, Vice President of Finance, Chief Financial Officer and Secretary; and ▇▇▇▇▇▇ ▇. ▇▇▇▇, Chairman and Chief Executive Officer, without any obligation to acquire any knowledge other than a review of the files and records in their possession they would in the ordinary course of their duties be responsible for having knowledge of.
Current Actual Knowledge. Any representation or warranty limited herein to "current actual knowledge" shall be deemed to mean the actual knowledge of Seller, its joint venturers, their respective employees, the property manager of the Property, and its employees, with no duty for any independent inquiry with respect to the matters which are the subject of such representation or warranty.
Current Actual Knowledge