Title Benefit Amount definition

Title Benefit Amount has the meaning set forth in Section 6.2(d).
Title Benefit Amount shall have the meaning set forth in Section 11.2(e).
Title Benefit Amount shall have the meaning given that term in Section 4.08(b).

Examples of Title Benefit Amount in a sentence

  • Subject to Purchaser’s right to dispute the existence of a Title Benefit and the Title Benefit Amount asserted with respect thereto, Title Benefits shall be used solely for the purpose of offsetting any adjustment to the Unadjusted Purchase Price on account of Title Defects pursuant to ‎Section 3.2(g)(i), with the amount of offset for each Title Benefit being the Title Benefit Amount (not to exceed the amount of any Defects resulting in adjustment to the Unadjusted Purchase Price).


More Definitions of Title Benefit Amount

Title Benefit Amount for any Title Benefit shall be determined as follows:
Title Benefit Amount has the meaning set forth in Section 3.10.
Title Benefit Amount is defined in Section 3.2(e).
Title Benefit Amount shall be determined in accordance with the following methodology, terms and conditions:
Title Benefit Amount means the increase in the Allocated Value for the Subject Interest attributed to the affected Warranty Well or Lease caused by such Title Benefit, as determined pursuant to Section 11.2(e).
Title Benefit Amount means the amount by which the Allocated Value of an Oil and Gas Property affected by a Title Benefit is increased as a result of a Title Benefit, as determined pursuant to Section 8.4.
Title Benefit Amount is defined in Section 4.3(d).