Disputed Title Matters definition

Disputed Title Matters means disputes concerning the (A) existence and scope of a Title Defect or Title Benefit, (B) Title Defect Amount or Title Benefit Amount, as the case may be, of that portion of the Asset affected by a Title Defect or Title Benefit, or (C) adequacy of Seller’s Title Defect curative materials.
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Disputed Title Matters means all (a) claims in respect of Title Defects and Title Defect Amounts asserted properly and timely by Atlas in accordance with this Agreement on or prior to the Claim Date that are not resolved and satisfied prior to Closing and that become subject to dispute resolution in accordance with Section 8.2(g) and (b) all Title Defects for which Representative has elected to attempt to cure pursuant to Section 8.2(c)(ii)(B).
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Disputed Title Matters as defined in Section 11.02(j).
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Examples of Disputed Title Matters in a sentence

  • The parties agree to attempt to initially resolve all Disputed Title Matters through good faith negotiations.

  • If the parties cannot resolve such disputes within fourteen (14) days prior to Closing, the Disputed Title Matters shall be finally determined by a mutually agreeable accounting, petroleum engineering, or law firm or consultant (the “Title Arbiter”), taking into account the factors set forth in this Agreement.

  • The Seller Representative and Buyer agree to attempt to initially resolve all Disputed Title Matters through good faith negotiations.

  • If such parties cannot resolve such disputes within fourteen (14) days prior to Closing, the Disputed Title Matters shall be finally determined by an accounting, petroleum engineering, or law firm or consultant mutually acceptable to the Seller Representative and Buyer (the “Title Arbiter”), taking into account the factors set forth in this Agreement.

  • Nothing in this Agreement shall operate to cause Closing to be delayed on account of any unresolved Disputed Title Matters or any arbitration conducted pursuant to this Section 11.02(j) and, to the extent any adjustments are not agreed upon by the Parties in writing as of Closing, the Base Purchase Price will not be adjusted for such unresolved Disputed Title Matter at Closing and subsequent adjustments to the Base Purchase Price, if any, will be made pursuant to Section 3.04 or this Section 11.02.

  • If Purchaser and Seller have not agreed upon a Person to serve as Title Arbitrator during such ten (10) Business Day period, Purchaser and Seller shall, within five (5) Business Days after the end of such initial ten (10) Business Day period, formally apply to the Dallas, Texas office of the American Arbitration Association to choose the Title Arbitrator and submit such Disputed Title Matters along with such application.

  • If the parties cannot resolve such disputes within fourteen (14) days prior to Closing, the Disputed Title Matters shall be finally determined by a mutually agreeable accounting, petroleum engineering, or law firm or consultant (the "Title Arbiter"), taking into account the factors set forth in this Agreement.

  • Title Matters 32 6.1 Examination Period 32 6.2 Title Defects 33 6.3 Permitted Encumbrances 33 6.4 Notice of Title Defects; Title Defect Valuation 36 6.5 Seller’s Right to Cure 37 6.6 Remedies for Title Defects 38 6.7 Title Benefits 39 6.8 Disputed Title Matters 40 6.9 Limitation of Remedies for Title Defects and Title Benefits 40 7.

  • The Title Dispute Escrow Units shall be used solely to satisfy Disputed Title Matters.

  • Notwithstanding anything to the contrary set forth herein, the Arbitrator shall finally determine all Disputed Title Matters and Disputed Environmental Matters by, on or before the expiration of the Cure Period.


More Definitions of Disputed Title Matters

Disputed Title Matters is defined in Section 4.4(a).
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Disputed Title Matters has the meaning set forth in Section 8.10(a).
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Related to Disputed Title Matters

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Title Defect as used herein shall mean any encumbrance, encroachment, irregularity, defect in or objection to Seller’s title to the Interests (excluding Permitted Encumbrances), that alone or in combination with other defects renders Seller’s title to the Interests or part thereof less than Defensible Title.

  • Title Defect Amount means the amount by which the Allocated Value of the Title Defect Property affected by such Title Defect is reduced as a result of the existence of such Title Defect and shall be determined in accordance with the following methodology, terms and conditions:

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Title Defect Property has the meaning set forth in Section 6.2(a).

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Disputed Item has the meaning set forth in Section 1.3(c).

  • Disputed Items has the meaning specified in Section 2.7(c).

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Environmental Defect Value means, with respect to any Environmental Defect, the value, as of the Closing Date, of the estimated costs and expenses to correct such Environmental Defect in the most cost-effective manner reasonably available, consistent with Environmental Laws, taking into account that non-permanent remedies (such as mechanisms to contain or stabilize hazardous materials, including monitoring site conditions, natural attenuation, risk-based corrective action, institutional controls or other appropriate restrictions on the use of property, caps, dikes, encapsulation, leachate collection systems, etc.) may be the most cost-effective manner reasonably available.

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).

  • Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.

  • Title Review Period shall have the meaning set forth in Section 4.3.

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Objections means any objection, application, motion, complaint or any other legal proceeding seeking, in whole or in part, to disallow, determine, liquidate, classify, reclassify, or establish the priority, expunge, subordinate or estimate any Claim (including the resolution of any request for payment of any Administrative Claim).

  • Title Benefit Amount has the meaning set forth in Section 6.2(d).

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Title Report has the meaning set forth in Section 5.4(b).

  • Subject Matter Expert means a person who has working or expert knowledge about a particular topic or field.

  • Disputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Xxxx Dispute Notice means the notice issued by a Party raising a Dispute regarding a Monthly Xxxx or a Supplementary Xxxx issued by the other Party;

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.