Defects Adjustments Sample Clauses
The 'Defects; Adjustments' clause defines the process for identifying and addressing defects in goods, services, or work provided under a contract. Typically, it outlines the responsibilities of the supplier to repair, replace, or otherwise remedy any deficiencies discovered within a specified period after delivery or completion. This clause ensures that the buyer receives products or services that meet the agreed standards and provides a clear mechanism for correcting issues, thereby protecting the buyer from substandard performance and facilitating prompt resolution of problems.
Defects Adjustments. The Deep Rights shall not be subject to any Title Defects or Environmental Defects, and any and all provisions contained in Articles 3 and 4 of the CBM PSA or Article 4 of the Midstream PSA concerning Title Defects or Environmental Defects shall not apply in any respect to the Transaction or the Deep Rights. The Purchase Price provided for above shall not be increased, decreased or adjusted for any reason, and any and all provisions contained in Article 2 of either the CBM PSA or the Midstream PSA shall not apply to the Transaction or the Deep Rights.
Defects Adjustments