Common use of Special Warranty Clause in Contracts

Special Warranty. Buyer shall not assert any claim under the special warranty of title under the Assignment (a) with respect to any matter that Buyer had the right to assert a claim under this Article VI and (b) until such time that the Title Threshold and the Title & Environmental Deductible has been fully satisfied.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp), Purchase and Sale Agreement (Kodiak Oil & Gas Corp)

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Special Warranty. Buyer shall not assert any claim under the special warranty of title under the Assignment (a) with respect to any matter that for which Buyer had the right to assert has previously asserted a claim under this Article VI and (b) until such time that the Title Threshold and the Title & Environmental Deductible has been fully satisfied.V.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Sandridge Energy Inc), Purchase and Sale Agreement (Linn Energy, LLC)

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Special Warranty. Buyer shall not assert any claim under the special warranty of title under the Assignment (a) with respect to any matter that for which Buyer had the right to assert (a) has previously asserted a claim under this Article VI and V or (b) until at the time Buyer (or any of Buyer’s Representatives) discovered such time that the Title Threshold and the Title & Environmental Deductible has been fully satisfied.claim, had a right to assert such claim under this Article V.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Abraxas Petroleum Corp)

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