Common use of Remedies for Title Benefits Clause in Contracts

Remedies for Title Benefits. (i) Seller shall be entitled to an upward adjustment to Adjustment Amount with respect to all Title Benefits (such upward adjustment not to exceed the aggregate amount of all reductions to Adjustment Amount due to Title Defects). For purposes of this Agreement, the term “

Appears in 2 contracts

Samples: Securities Purchase Agreement (WPX Energy, Inc.), Securities Purchase Agreement (WPX Energy, Inc.)

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Remedies for Title Benefits. (ia) Seller Sellers shall be entitled to an upward adjustment to Adjustment Amount the Purchase Price pursuant to Section 10.02(a)(i) with respect to all Title Benefits (such upward adjustment not to exceed the aggregate amount of all reductions to Adjustment Amount the Purchase Price due to Title Defects), in an amount mutually agreed upon by the Parties. For purposes of this Agreement, the term “

Appears in 2 contracts

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

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