Common use of Effect of Knowledge Clause in Contracts

Effect of Knowledge. No Seller Indemnified Party shall be entitled to indemnification under this Article VIII with respect to any Buyer Indemnified Liabilities arising out of or resulting from any event or circumstance relating to the inaccuracy or breach of any representation or warranty of Buyer or Parent or any breach of any covenant, agreement, obligation or undertaking of Buyer or Parent set forth in this Agreement if any Seller Indemnified Party had Knowledge on or before the date of this Agreement of the existence of such event, circumstance or breach.

Effect of Knowledge. No Seller Buyer Indemnified Party shall be entitled to indemnification under this Article VIII with respect to any Buyer Seller Indemnified Liabilities arising out of or resulting from any event or circumstance relating to the inaccuracy or breach of any representation or warranty of Buyer or Parent or any Seller, any breach of any covenant, agreement, obligation or undertaking of Buyer or Parent any Seller set forth in this Agreement if any Seller Buyer Indemnified Party had Knowledge on or before the date of this Agreement of the existence of such event, circumstance or breach.