Common use of Exclude Property Clause in Contracts

Exclude Property. With respect to each Property listed on Exhibit A-1 as to which Buyer and any Seller are unable to agree upon appropriate adjustment with respect to all such matters affecting such Property, such Property (together with such related rights in any unit including the same, and other rights, as may be necessary or appropriate to own, operate and produce the same) will be excluded from the transaction contemplated hereby, and a downward adjustment of the Base Purchase Price will be made by the Allocated Value of such Property.

Exclude Property. With respect to each Property well listed on Exhibit A-1 A as to which Buyer and any Seller are unable to agree upon appropriate adjustment with respect to all such matters affecting such Propertywell, such Property well (together with such related rights in any unit including the same, and other rights, as may be necessary or appropriate to own, operate and produce the same) will be excluded from the transaction contemplated hereby, and a downward adjustment of the Base Purchase Price will be made by the Allocated Value of such Propertyamount mutually agreed to by the Parties.