Common use of Remedies for Title Defects Clause in Contracts

Remedies for Title Defects. (a) Subject to Section 9.3(b), in the event that any Title Defect is not waived by Buyer or cured on or before Closing, Sellers shall, in their sole election, elect to:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Continental Natural Gas Inc), Asset Purchase Agreement (Continental Natural Gas Inc)

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Remedies for Title Defects. (a) Subject to Section 9.3(b), in the event that any Title Defect is not waived by Buyer or cured on or before Closing, Sellers Seller shall, in their its sole election, elect to:

Appears in 1 contract

Samples: Purchase and Sale Agreement

Remedies for Title Defects. (a) Subject to Section 9.3(b), in the event that any Title Defect is not waived by Buyer or cured on or before Closing, Sellers Seller shall, in their its sole election, elect to:

Appears in 1 contract

Samples: Asset Purchase Agreement (Continental Natural Gas Inc)

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Remedies for Title Defects. (a) Subject to Section 9.3(bSections 4.2(c), (e) and (f), in the event that any Title Defect is not cured or waived by Buyer or cured on or before prior to Closing, Sellers shallthen at Seller’s election, in their its sole electiondiscretion, elect to:(i) the Purchase Price shall be reduced by the respective Title Defect Amount.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Samson Oil & Gas LTD)

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