Common use of Title Defect Values Clause in Contracts

Title Defect Values. In determining the value of a Title Defect, it is the intent of the Parties to include, to the extent possible, only that portion of the Subject Interests, whether an undivided interest, separate interest or otherwise, materially and adversely affected by the Title Defect. The Title Defect value shall in no event exceed the Allocated Value of the affected Subject Interest. Subject to such limitation, the Title Defect value shall be determined by the Parties in good faith taking into account all relevant factors.

Title Defect Values. In determining the value of a Title Defect, it is the intent of the Parties to include, to the extent possible, only that portion of the Subject InterestsAssets, whether an undivided interest, separate interest or otherwise, materially and adversely affected by the Title Defectdefect. The Title Defect value Value shall in no event exceed the Allocated Value of the affected Subject InterestAsset. Subject to such limitation, the Title Defect value Value shall be determined by the Parties in good faith taking into account all relevant factors., including, but not limited to, the following: