Common use of Price Adjustment Limitations Clause in Contracts

Price Adjustment Limitations. The aggregate downward adjustment (if any) of the Base Purchase Price which results from the procedures set forth in Sections 5(c), 7 and 14 does not exceed fifteen percent (15%) of the Base Purchase Price.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Whittier Energy Corp), Purchase and Sale Agreement (Apollo Resources International Inc)

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Price Adjustment Limitations. The aggregate downward adjustment (if any) of to the Base Purchase Price which results from the procedures set forth in Sections 5(c)Section 6.5, 7 Article VII and 14 Section 13.1 does not exceed fifteen percent (15%) percent of the Base Purchase Price.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Resolute Energy Corp)

Price Adjustment Limitations. The aggregate downward adjustment (if any) of the Base Purchase Price which results from the procedures set forth in Sections 5(c)Section 6.5, 7 Article VII and 14 Section 13.1 does not exceed fifteen percent (15%) percent of the Base Purchase Price.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Resolute Energy Corp)

Price Adjustment Limitations. The aggregate downward adjustment ---------------------------- (if any) of the Base Purchase Price which results from the procedures set forth in Sections 5(c6(c), 7 8 and 14 15 does not exceed fifteen percent (15%) percent of the Base Purchase Price.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Inland Resources Inc)

Price Adjustment Limitations. The aggregate downward adjustment (if any) of to the Base Purchase Price which results from the procedures set forth in Sections 5(c), 7 6.5 and 14 Article VII does not exceed fifteen percent ten (1510%) percent of the Base Purchase Price.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Whiting Petroleum Corp)

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Price Adjustment Limitations. The aggregate downward adjustment (if any) of to the Base Purchase Price which results from the procedures set forth in Sections 5(c), 7 6(c) and 14 8 does not exceed fifteen percent (15%) 10% of the Base Purchase Price.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Energen Corp)

Price Adjustment Limitations. The aggregate downward adjustment ---------------------------- (if any) of to the Base Purchase Price which results from the procedures set forth in Sections 5(c), 7 8 and 14 15 does not exceed fifteen percent (15%) percent of the Base Purchase Price.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Inland Resources Inc)

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