Common use of Definition of Seller’s Knowledge Clause in Contracts

Definition of Seller’s Knowledge. Any representations and warranties made “to the knowledge of [such] Seller” (or words of similar import) shall not be deemed to imply any duty of inquiry. For purposes of this Agreement, the term Seller’s “knowledge” shall mean and refer only to actual knowledge of the Regional Property Manager of such Seller, and shall not be construed to refer to the knowledge of any other partner, officer, director, agent, employee or representative of such Seller, or any affiliate of such Seller, or to impose upon such Regional Property Manager any duty to investigate the matter to which such actual knowledge or the absence thereof pertains, or to impose upon such Regional Property Manager any individual personal liability.

Appears in 5 contracts

Samples: Agreement for Purchase and Sale and Escrow Instructions (Shelter Properties Vi Limited Partnership), Agreement for Purchase and Sale and Escrow Instructions (Davidson Income Real Estate Lp), Agreement for Purchase and Sale and Escrow Instructions (Shelter Properties Vii LTD Partnership)

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Definition of Seller’s Knowledge. Any representations and warranties made “to the knowledge of [such] Seller” (or words of similar import) shall not be deemed to imply any duty of inquiry. For purposes of this AgreementContract, the term Seller’s “knowledge” shall mean and refer only to actual knowledge of the Regional Property Manager of such Seller, and the Community Manger and shall not be construed to refer to the knowledge of any other partner, officer, director, agent, employee or representative of such Seller, or any affiliate of such Seller, or to impose upon such Regional Property Manager and Community Manager any duty to investigate the matter to which such actual knowledge or the absence thereof pertains, or to impose upon such Regional Property Manager and Community Manager any individual personal liability.. As used herein, the term “

Appears in 1 contract

Samples: Purchase and Sale Contract (Consolidated Capital Properties Iv)

Definition of Seller’s Knowledge. Any representations and warranties made “to the knowledge of [such] such Seller” (or words of similar import) shall not be deemed to imply any duty of inquiry. For purposes of this AgreementContract, the term Seller’s “knowledge” shall mean and refer only to actual knowledge of the Regional Property Manager Designated Employees of such Seller, Seller and shall not be construed to refer to the knowledge of any other partner, officer, director, agent, employee or representative of such Seller, or any affiliate of such Seller, or to impose upon such Regional Property Manager Designated Employees any duty to investigate the matter to which such actual knowledge or the absence thereof pertains, or to impose upon such Regional Property Manager Designated Employees any individual personal liability.

Appears in 1 contract

Samples: Purchase and Sale Contract (Consolidated Capital Institutional Properties 3)

Definition of Seller’s Knowledge. Any representations and warranties made "to the knowledge of [such] Seller” (or words of similar import) " shall not be deemed to imply any duty of inquiry. For purposes of this AgreementContract, the term Seller’s “'s "knowledge" shall mean and refer only to actual knowledge of the Regional Property Manager and Property Manager of such Seller, Seller and shall not be construed to refer to the knowledge of any other partner, officer, director, agent, employee or representative of such Seller, or any affiliate of such Seller, or to impose upon such Regional Property Manager or Property Manager any duty to investigate the matter to which such actual knowledge or the absence thereof pertains, or to impose upon such Regional Property Manager or Property Manager any individual personal liability.

Appears in 1 contract

Samples: Purchase and Sale Contract (Century Properties Growth Fund Xxii)

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Definition of Seller’s Knowledge. Any representations and warranties made "to the knowledge of [such] such Seller” (or words of similar import) " shall not be deemed to imply any duty of inquiry. For purposes of this AgreementContract, the term Seller’s “'s "knowledge" shall mean and refer only to actual knowledge of the Regional Property Manager and Community Manager of such Seller, and shall not be construed to refer to the knowledge of any other partner, officer, director, agent, employee or representative of such Seller, or any affiliate of such Seller, or to impose upon such Regional Property Manager or Community Manager any duty to investigate the matter to which such actual knowledge or the absence thereof pertains, or to impose upon such Regional Property Manager or Community Manager any individual personal liability.

Appears in 1 contract

Samples: Purchase and Sale Contract (Davidson Diversified Real Estate Ii Limited Partnership)

Definition of Seller’s Knowledge. Any representations and warranties made “to the knowledge of [such] such Seller” (or words of similar import) shall not be deemed to imply any duty of inquiry. For purposes of this AgreementContract, the term Seller’s “knowledge” shall mean and refer only to actual knowledge of the Regional Property Manager of such Seller, Seller and shall not be construed to refer to the knowledge of any other partner, officer, director, agent, employee or representative of such Seller, or any affiliate of such Seller, or to impose upon such Regional Property Manager any duty to investigate the matter to which such actual knowledge or the absence thereof pertains, or to impose upon such Regional Property Manager any individual personal liability.

Appears in 1 contract

Samples: Purchase and Sale Contract (Shelter Properties v Limited Partnership)

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