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: Agreement and Plan of Merger (Equitex Inc), Option Agreement (Diamond One Inc), Agreement and Plan of Merger and Reorganization (Gaming Venture Corp Usa)

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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: Agreement and Plan of Merger (DE Acquisition 2, Inc.), Agreement and Plan of Merger (Equitex Inc)

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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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: Agreement and Plan of Merger (Webdigs Inc)

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