{"component": "definition", "props": {"groups": [{"samples": [{"hash": "lGAljeF0rzy", "uri": "/contracts/lGAljeF0rzy#title-benefit", "label": "Purchase and Sale Agreement", "score": 33.5344047546, "published": true}, {"hash": "1GwOq5zCOFO", "uri": "/contracts/1GwOq5zCOFO#title-benefit", "label": "Purchase and Sale Agreement", "score": 33.3345794678, "published": true}, {"hash": "8XKeG0Ozeky", "uri": "/contracts/8XKeG0Ozeky#title-benefit", "label": "Purchase and Sale Agreement", "score": 32.3053283691, "published": true}], "snippet": "means Seller\u2019s interest in any Subject Interest that is greater than or in addition to that set forth in Exhibit B (including, without limitation, a Net Revenue Interest that is greater than that set forth in Exhibit B) or Seller\u2019s Working Interest in any Subject Interest that is less than the Working Interest set forth in Exhibit B (without a corresponding decrease in the Net Revenue Interest). Any matters that may otherwise constitute Title Benefits, but of which Buyer has not been specifically notified by Seller in accordance with the foregoing, shall be deemed to have been waived by Seller for all purposes.", "size": 17, "snippet_links": [{"key": "subject-interest", "type": "clause", "offset": [31, 47]}, {"key": "in-addition-to", "type": "clause", "offset": [72, 86]}, {"key": "exhibit-b", "type": "definition", "offset": [105, 114]}, {"key": "without-limitation", "type": "clause", "offset": [127, 145]}, {"key": "net-revenue-interest", "type": "definition", "offset": [149, 169]}, {"key": "working-interest", "type": "definition", "offset": [232, 248]}, {"key": "the-working", "type": "clause", "offset": [291, 302]}, {"key": "the-net", "type": "clause", "offset": [372, 379]}, {"key": "title-benefits", "type": "clause", "offset": [441, 455]}, {"key": "by-seller", "type": "clause", "offset": [511, 520]}, {"key": "in-accordance-with", "type": "clause", "offset": [521, 539]}, {"key": "the-foregoing", "type": "definition", "offset": [540, 553]}, {"key": "all-purposes", "type": "clause", "offset": [605, 617]}], "hash": "9d66015fad2c05e1a52d556363f0a67a", "id": 1}, {"samples": [{"hash": "jyVUi4EREBs", "uri": "/contracts/jyVUi4EREBs#title-benefit", "label": "Purchase and Sale Agreement (Chesapeake Energy Corp)", "score": 26.1553726196, "published": true}, {"hash": "jCXRkEIxJdN", "uri": "/contracts/jCXRkEIxJdN#title-benefit", "label": "Purchase and Sale Agreement (Southwestern Energy Co)", "score": 25.7912387848, "published": true}, {"hash": "wDF3Bn8ZtX", "uri": "/contracts/wDF3Bn8ZtX#title-benefit", "label": "Purchase and Sale Agreement (Exco Resources Inc)", "score": 24.8275146484, "published": true}], "snippet": "has the meaning specified in Section 2.1.9.", "size": 16, "snippet_links": [], "hash": "aa3e53cd9f4f762430cbe68a339f717c", "id": 2}, {"samples": [{"hash": "bqH0es9C4CU", "uri": "/contracts/bqH0es9C4CU#title-benefit", "label": "Purchase and Sale Agreement", "score": 33.9805984497, "published": true}, {"hash": "8Kf2W3LbXXU", "uri": "/contracts/8Kf2W3LbXXU#title-benefit", "label": "Purchase and Sale Agreement (Mid-Con Energy Partners, LP)", "score": 28.1334705353, "published": true}, {"hash": "ehTvqFLOGhc", "uri": "/contracts/ehTvqFLOGhc#title-benefit", "label": "Purchase and Sale Agreement (Parsley Energy, Inc.)", "score": 27.7597541809, "published": true}], "snippet": "means the Seller\u2019s interest in any Asset that is greater than or in addition to that set forth in Exhibit B, including a Net Revenue Interest that is greater than that set forth in Exhibit B or Seller\u2019s Working Interest in any Asset that is less than the Working Interest set forth in Exhibit B (without a corresponding decrease in the Net Revenue Interest).", "size": 15, "snippet_links": [{"key": "the-seller", "type": "clause", "offset": [6, 16]}, {"key": "in-addition-to", "type": "clause", "offset": [65, 79]}, {"key": "exhibit-b", "type": "definition", "offset": [98, 107]}, {"key": "net-revenue-interest", "type": "definition", "offset": [121, 141]}, {"key": "working-interest", "type": "definition", "offset": [203, 219]}, {"key": "the-working", "type": "clause", "offset": [251, 262]}, {"key": "the-net", "type": "clause", "offset": [332, 339]}], "hash": "397bf8bac2037f847933a8246ed0c995", "id": 3}, {"samples": [{"hash": "jKGRUJ0BpnU", "uri": "/contracts/jKGRUJ0BpnU#title-benefit", "label": "Purchase and Sale Agreement", "score": 32.9313240051, "published": true}, {"hash": "6ONytpCRcmH", "uri": "/contracts/6ONytpCRcmH#title-benefit", "label": "Purchase and Sale Agreement (SM Energy Co)", "score": 25.3504447937, "published": true}, {"hash": "aDZCGxrNMV0", "uri": "/contracts/aDZCGxrNMV0#title-benefit", "label": "Purchase and Sale Agreement (SM Energy Co)", "score": 25.1341552734, "published": true}], "snippet": "means any right, circumstance or condition that operates to increase the Net Revenue Interest being assigned to Buyer in any Well or Well Location above that shown for such Well or Well Location in Schedule 2.5, to the extent the same does not cause a greater than proportionate increase in the Working Interest being assigned to Buyer therein above that shown in Schedule 2.5.", "size": 14, "snippet_links": [{"key": "net-revenue-interest", "type": "definition", "offset": [73, 93]}, {"key": "to-buyer", "type": "definition", "offset": [109, 117]}, {"key": "well-location", "type": "definition", "offset": [133, 146]}, {"key": "to-the-extent", "type": "clause", "offset": [212, 225]}, {"key": "working-interest", "type": "definition", "offset": [295, 311]}], "hash": "af9557a386b2bb936f0dd99f7c996157", "id": 4}, {"samples": [{"hash": "ehTvqFLOGhc", "uri": "/contracts/ehTvqFLOGhc#title-benefit", "label": "Purchase and Sale Agreement (Parsley Energy, Inc.)", "score": 27.7597541809, "published": true}, {"hash": "jK3C6uhqdHr", "uri": "/contracts/jK3C6uhqdHr#title-benefit", "label": "Purchase and Sale Agreement (Resolute Energy Corp)", "score": 26.9904174805, "published": true}, {"hash": "8Kdx3K2XyhY", "uri": "/contracts/8Kdx3K2XyhY#title-benefit", "label": "Purchase and Sale Agreement (Resolute Energy Corp)", "score": 26.8535251617, "published": true}], "snippet": "as defined in Section 4.09.", "size": 11, "snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [3, 21]}], "hash": "60a37e0aa205da7fd45c71d95f78d89f", "id": 5}, {"samples": [{"hash": "eVZnHUR5R8I", "uri": "/contracts/eVZnHUR5R8I#title-benefit", "label": "Purchase and Sale Agreement", "score": 35.1740875244, "published": true}, {"hash": "kNS5XDz1rL0", "uri": "/contracts/kNS5XDz1rL0#title-benefit", "label": "Purchase and Sale Agreement (Forest Oil Corp)", "score": 25.8761119843, "published": true}, {"hash": "7pxDkLV6dXn", "uri": "/contracts/7pxDkLV6dXn#title-benefit", "label": "Purchase and Sale Agreement (Forest Oil Corp)", "score": 23.77891922, "published": true}], "snippet": "means Seller\u2019s Net Revenue Interest in any Asset is greater than that set forth in Schedule B or Seller\u2019s Working Interest in any Asset less than that set forth in Schedule B (without a corresponding decrease in the Net Revenue Interest). Any matters that may otherwise constitute Title Benefits, but of which Purchaser has not been specifically notified by Seller in accordance with the foregoing, shall be deemed to have been waived by Seller for all purposes.", "size": 9, "snippet_links": [{"key": "net-revenue-interest", "type": "definition", "offset": [15, 35]}, {"key": "schedule-b", "type": "definition", "offset": [83, 93]}, {"key": "working-interest", "type": "definition", "offset": [106, 122]}, {"key": "the-net", "type": "clause", "offset": [212, 219]}, {"key": "title-benefits", "type": "clause", "offset": [281, 295]}, {"key": "by-seller", "type": "clause", "offset": [355, 364]}, {"key": "in-accordance-with", "type": "clause", "offset": [365, 383]}, {"key": "the-foregoing", "type": "definition", "offset": [384, 397]}, {"key": "all-purposes", "type": "clause", "offset": [449, 461]}], "hash": "a4c9eb05fde2ed194f03b4767f18d859", "id": 6}, {"samples": [{"hash": "36sBa9hlWmX", "uri": "/contracts/36sBa9hlWmX#title-benefit", "label": "Purchase and Sale Agreement", "score": 26.5961666107, "published": true}, {"hash": "1DtsRwpv93s", "uri": "/contracts/1DtsRwpv93s#title-benefit", "label": "Purchase and Sale Agreement (Bill Barrett Corp)", "score": 25.7529087067, "published": true}, {"hash": "jT9VPJGijNJ", "uri": "/contracts/jT9VPJGijNJ#title-benefit", "label": "Purchase and Sale Agreement (Vanguard Natural Resources, LLC)", "score": 25.7063655853, "published": true}], "snippet": "means Seller\u2019s Net Revenue Interest in any Lease, Well, PUD Location and PDNP that is greater than or in addition to the Net Revenue Interest set forth in Exhibit C, or Seller\u2019s Working Interest in any Lease, Well, PUD Location and PDNP that is less than the Working Interest set forth in Exhibit C (without a proportionate decrease in the Net Revenue Interest). The Title Benefit Value shall be the absolute value of the number determined by the following formula: Title Benefit Value = [A x (B/C)] - A A = Allocated Value for the affected Asset B = Correct Net Revenue Interest for the affected Asset C = Net Revenue Interest for the affected Asset as set forth on Exhibit C.", "size": 9, "snippet_links": [{"key": "net-revenue-interest", "type": "definition", "offset": [15, 35]}, {"key": "any-lease", "type": "definition", "offset": [39, 48]}, {"key": "pud-location", "type": "definition", "offset": [56, 68]}, {"key": "the-net", "type": "clause", "offset": [117, 124]}, {"key": "exhibit-c", "type": "clause", "offset": [155, 164]}, {"key": "working-interest", "type": "definition", "offset": [178, 194]}, {"key": "the-working", "type": "clause", "offset": [255, 266]}, {"key": "the-title", "type": "definition", "offset": [363, 372]}, {"key": "benefit-value", "type": "definition", "offset": [373, 386]}, {"key": "allocated-value", "type": "definition", "offset": [508, 523]}, {"key": "affected-asset", "type": "definition", "offset": [532, 546]}, {"key": "interest-for", "type": "definition", "offset": [571, 583]}], "hash": "da6d5fac941bef7e3ead88bad55f262c", "id": 7}, {"samples": [{"hash": "7VVOcAZGyao", "uri": "/contracts/7VVOcAZGyao#title-benefit", "label": "Purchase and Sale Agreement", "score": 25.4591712952, "published": true}, {"hash": "59boyQyM3KJ", "uri": "/contracts/59boyQyM3KJ#title-benefit", "label": "Purchase and Sale Agreement (Emerald Oil, Inc.)", "score": 25.024641037, "published": true}, {"hash": "3D5kD5R4H4k", "uri": "/contracts/3D5kD5R4H4k#title-benefit", "label": "Purchase and Sale Agreement (Triangle Petroleum Corp)", "score": 24.6605072021, "published": true}], "snippet": "has the meaning set forth in Section 6.4(b).", "size": 8, "snippet_links": [], "hash": "496b22f6afddf8b3f4e3394e5ddef284", "id": 8}, {"samples": [{"hash": "fnQwoOcYRDA", "uri": "/contracts/fnQwoOcYRDA#title-benefit", "label": "Purchase and Sale Agreement (Petroquest Energy Inc)", "score": 24.4661197662, "published": true}, {"hash": "eg36WRqo4dy", "uri": "/contracts/eg36WRqo4dy#title-benefit", "label": "Purchase and Sale Agreement (Petroquest Energy Inc)", "score": 24.4661197662, "published": true}, {"hash": "cOshIrkCIkO", "uri": "/contracts/cOshIrkCIkO#title-benefit", "label": "Purchase and Sale Agreement (Petroquest Energy Inc)", "score": 24.4661197662, "published": true}], "snippet": "means any right, circumstance or condition that operates (i) to increase the Net Revenue Interest of Seller in any Lease or Well (or the specified zone(s) therein) above that shown for such Lease or Well in Exhibit A and Exhibit B, to the extent the same does not cause a greater than proportionate increase in Seller\u2019s Working Interest therein above that shown in Exhibit A and Exhibit B, or (ii) to decrease the Working Interest of Seller in any Lease or Well (or the specified zone(s) therein) below that shown for such Lease or Well (or the specified zone(s) therein) in Exhibit A and Exhibit B, to the extent the same causes a decrease in Seller\u2019s Working Interest that is proportionately greater than the decrease in Seller\u2019s Net Revenue Interest therein below that shown in Exhibit A and Exhibit B.", "size": 8, "snippet_links": [{"key": "net-revenue-interest", "type": "definition", "offset": [77, 97]}, {"key": "of-seller", "type": "clause", "offset": [98, 107]}, {"key": "any-lease", "type": "definition", "offset": [111, 120]}, {"key": "exhibit-a", "type": "clause", "offset": [207, 216]}, {"key": "exhibit-b", "type": "definition", "offset": [221, 230]}, {"key": "to-the-extent", "type": "clause", "offset": [232, 245]}, {"key": "working-interest", "type": "definition", "offset": [320, 336]}, {"key": "the-working", "type": "clause", "offset": [410, 421]}], "hash": "068d41e3c495435aa152c866a7651be5", "id": 9}, {"samples": [{"hash": "kMbDd9FFtsb", "uri": "/contracts/kMbDd9FFtsb#title-benefit", "label": "Purchase and Sale Agreement", "score": 32.1903572083, "published": true}, {"hash": "fjwJYXLwncH", "uri": "/contracts/fjwJYXLwncH#title-benefit", "label": "Purchase and Sale Agreement (Rosetta Resources Inc.)", "score": 24.3429164886, "published": true}, {"hash": "dVdKqsdIwmn", "uri": "/contracts/dVdKqsdIwmn#title-benefit", "label": "Purchase and Sale Agreement (Comstock Resources Inc)", "score": 24.2087612152, "published": true}], "snippet": "means Seller\u2019s Net Revenue Interest in any Well that is greater than the Net Revenue Interest set forth in Exhibit \u201cA\u201d, or Seller\u2019s Working Interest in any Well that is less than the Working Interest set forth in Exhibit \u201cA\u201d (without a proportionate decrease in the Net Revenue Interest). A Title Benefit Value agreed to by Buyer and Seller shall offset the aggregate Title Defects Values only, and shall not be a direct increase to the Purchase Price.", "size": 8, "snippet_links": [{"key": "net-revenue-interest", "type": "definition", "offset": [15, 35]}, {"key": "the-net", "type": "clause", "offset": [69, 76]}, {"key": "working-interest", "type": "definition", "offset": [132, 148]}, {"key": "the-working", "type": "clause", "offset": [179, 190]}, {"key": "benefit-value", "type": "definition", "offset": [297, 310]}, {"key": "seller-shall", "type": "clause", "offset": [334, 346]}, {"key": "title-defects", "type": "clause", "offset": [368, 381]}, {"key": "the-purchase-price", "type": "clause", "offset": [433, 451]}], "hash": "a34dcd95bdc92bc0b5b65f388f5e19e2", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIWdGl0bGUtYmVuZWZpdCMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Title Benefit", "snippet": "means Seller\u2019s interest in any Subject Interest that is greater than or in addition to that set forth in Exhibit B (including, without limitation, a Net Revenue Interest that is greater than that set forth in Exhibit B) or Seller\u2019s Working Interest in any Subject Interest that is less than the Working Interest set forth in Exhibit B (without a corresponding decrease in the Net Revenue Interest). Any matters that may otherwise constitute Title Benefits, but of which Buyer has not been specifically notified by Seller in accordance with the foregoing, shall be deemed to have been waived by Seller for all purposes.", "size": 333, "id": "title-benefit", "examples": ["Seller shall be deemed to have waived all <strong>Title Benefits</strong> of which neither party has given notice on or before the Title Claim Date, except to the extent Buyer has failed to give notice with respect to a <strong>Title Benefit</strong> of which it had Knowledge and which it was obligated to give under this Section 5.6.3(b).", "Seller shall have the right, but not the obligation, to deliver to Buyer a similar notice of a <strong>Title Benefit</strong> on or before the Title Claim Date with respect to each <strong>Title Benefit</strong> discovered by Seller."], "related": [["title-benefit-amount", "Title Benefit Amount", "<strong>Title Benefit</strong> Amount"], ["title-defect-amount", "Title Defect Amount", "Title Defect Amount"], ["title-defect-property", "Title Defect Property", "Title Defect Property"], ["title-defect", "Title Defect", "Title Defect"], ["title-defect-notice", "Title Defect Notice", "Title Defect Notice"]], "related_snippets": [], "updated": "2026-03-14T06:33:37+00:00"}, "json": true, "cursor": ""}}