Common use of Allocated Value Clause in Contracts

Allocated Value. If an Asset has not been given an Allocated Value, or if the Asset's Allocated Value is zero, Seller shall be deemed to have Defensible Title to such Asset, without liability or obligation thereof to Buyer by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

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Allocated Value. If an Asset has not been given an Allocated Value, or if the Asset's ’s Allocated Value is zero, the Seller shall be deemed to have Defensible Title to such the Asset, without liability or obligation thereof to Buyer by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Xto Energy Inc)

Allocated Value. If an Asset has not been given an Allocated Value, or if the Asset's Allocated Value for the Entry Item is zero, Seller shall be deemed to have Defensible Title to such Asset, without liability Asset or obligation thereof to Buyer by SellerEntry Item.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ring Energy, Inc.)

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Allocated Value. If an Asset has not been given an Allocated Value, or if the Asset's Allocated Value is zero$5,000 or less, Seller shall be deemed to have Defensible Title to such Asset, without liability or obligation thereof to Buyer by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

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