Common use of Knowledge Convention Clause in Contracts

Knowledge Convention. For all purposes of this Agreement, the term "Knowledge" means, with respect to an individual, that such individual is actually aware of a particular fact or other matter, with no obligation to conduct any inquiry or other investigation to determine the accuracy of such fact or other matter. A Person other than an individual shall be deemed to have Knowledge of a particular fact or other matter if the officers, directors or other management personnel of such Person had Knowledge of such fact or other matter.

Appears in 3 contracts

Samples: Merger Agreement (Gaming Venture Corp Usa), Merger Agreement (Diamond One Inc), Merger Agreement (Equitex Inc)

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Knowledge Convention. For all purposes of this Agreement, the term "Knowledge" means, with respect to an individual, that such individual is actually aware of a particular fact or other matter, with no obligation to conduct any inquiry or other investigation to determine the accuracy of such fact or other matter. A Person other than an individual shall be deemed to have Knowledge of a particular fact or other matter if the officers, directors or other management personnel of such Person had Knowledge of such fact or other matter.

Appears in 2 contracts

Samples: Merger Agreement (DE Acquisition 2, Inc.), Merger Agreement (Equitex Inc)

Knowledge Convention. For all purposes of this Agreement, the term "Knowledge" means, with respect to an individual, that such individual is actually aware of a particular fact or other matter, with no obligation to conduct any after conducting a reasonable inquiry or other investigation to determine the accuracy of such fact or other matter. A Person other than an individual shall be deemed to have Knowledge of a particular fact or other matter if the officers, directors or other management personnel of such Person had Knowledge of such fact or other matter.

Appears in 1 contract

Samples: Merger Agreement (Webdigs Inc)

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Knowledge Convention. For all purposes of this Agreement, the term "Knowledge" “knowledge” means, with respect to an individual, that such individual is actually aware of a particular fact or other matter, with no obligation to conduct any inquiry or other investigation to determine the accuracy of such fact or other matter. A Person person other than an individual shall be deemed to have Knowledge knowledge of a particular fact or other matter if the officers, directors or other management personnel of such Person person had Knowledge knowledge of such fact or other matter.

Appears in 1 contract

Samples: Securities Purchase Agreement (FCCC Inc)

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