Common use of Defect Amount Clause in Contracts

Defect Amount. The Defect Amount resulting from a Defect shall be the amount by which the value of the affected Defect Property or the value of the Business, whichever is greater, is reasonably reduced as a result of the existence of such Defect and shall be determined in accordance with the following terms and conditions:

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Antero Resources LLC), Stock Purchase Agreement (Antero Resources LLC), Stock Purchase Agreement (Antero Resources Finance Corp)

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