Individual Defect Threshold definition

Individual Defect Threshold has the meaning specified in Section 2.1.1.
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Individual Defect Threshold has the meaning specified in Section 4.1(b)(i).
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Individual Defect Threshold means an amount equal to Seventy-Five Thousand Dollars ($75,000.00).
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Examples of Individual Defect Threshold in a sentence

  • The special warranties of Defensible Title contained in the Conveyances and this Section 3.1(b) shall be subject to the further limitations and provisions of this Article 3, mutatis mutandis, including, however, the Individual Defect Threshold but excluding the Defect Deductible.

  • The special warranty of Defensible Title contained in the Conveyances and this Section 3.1(b) shall be subject to the further limitations and provisions of this Article 3, mutatis mutandis, excluding the Defect Deadline, the Individual Defect Threshold and the Defect Deductible.

  • If the Environmental Defect Value with respect to any single Environmental Defect is less than the Individual Defect Threshold, such cost shall not be considered in calculating the Aggregate Environmental Defect Value.

  • The special warranties of Defensible Title contained in the Conveyances and this S ection 3.1(b) shall be subject to the further limitations and provisions of this A rticle 3, mutatis mutandis, including, however, the Individual Defect Threshold but excluding the Defect Deductible.

  • Further, if the total amount of Title Defects (for those Leases which meet the Individual Defect Threshold does not reach or exceed the US$1,000,000 Aggregate Defect Threshold, there shall not be any adjustment to the Purchase Price pursuant to Section 5.2(b).


More Definitions of Individual Defect Threshold

Individual Defect Threshold means an amount equal to One Hundred Thousand Dollars ($100,000.00).
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Individual Defect Threshold is defined in Section 7.6.
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Individual Defect Threshold has the meaning set forth 5.1(c).
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Individual Defect Threshold means an amount equal to Seventy-Five Thousand Dollars ($75,000.00). “Individual Indemnity Threshold” means an amount equal to One Hundred Thousand Dollars ($100,000.00).
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Individual Defect Threshold has the meaning set forth in Section 3.3(g).
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Individual Defect Threshold has the meaning specified in Section 6.13(f)(v)(A).
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Individual Defect Threshold means an amount equal to Five Hundred Dollars ($500.00).
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