Title Expert definition

Title Expert means an attorney licensed to practice law in the State in which the relevant Assets are located with at least 10 years of experience in oil and gas title and related matters and that does not have a material relationship with any Party and that is reasonably acceptable to Seller and Purchaser.
Title Expert means an attorney licensed to practice law in the state of Colorado with at least 10 years of experience in oil and gas title and related matters and that does not have a material relationship with any Party and that is reasonably acceptable to Seller and Purchaser.
Title Expert shall have the meaning assigned thereto in Section 4.7.

Examples of Title Expert in a sentence

  • The determination of a dispute regarding the Final Settlement Statement pursuant to Section 2.5 will be submitted to the Houston, Texas office of PricewaterhouseCoopers, or a nationally-recognized independent accounting firm or consulting firm otherwise mutually acceptable to both Purchaser and Seller (“Accounting Expert” and, together with the Title Expert and Environmental Expert, an “Expert”).

  • The Title Expert shall make a separate determination with respect to each Open Title Defect and Interest Addition (or in the case of a Termination Dispute Notice, each Unagreed Termination Title Matter).

  • The Title Expert shall be neutral, not an affiliate, employee or currently engaged consultant of either Party (nor of any of their Affiliates), and shall be an oil and gas title attorney with at least ten (10) years of experience examining title to oil and gas properties in the geographic area where the Assets subject to such dispute are located.

  • In the event the Parties cannot agree on the existence and/or value of the Non-De Minimus Interest Addition, the disagreement shall be submitted to binding determination by the Title Expert pursuant to Section 4.7.

  • The fees and expenses of the Title Expert shall be paid 50% by Seller and 50% by Purchaser.

  • The written finding of the Title Expert shall only set forth the Title Expert’s decision with respect to each applicable Open Title Defect and Interest Addition (or in the case of a Termination Dispute Notice, each Unagreed Termination Title Matter), and not the Title Expert’s rationale for the decision.

  • The Title Expert shall not make any other award or grant any other remedy, whether or not prohibited or contemplated by this Agreement, and shall certify, as necessary, the resolution of such Title Disputed Matters (or in the case of a Termination Dispute Notice, such Unagreed Termination Title Matters), as applicable, to the Accounting Referee under Section 14.1.

  • In the event that Sellers and Purchaser do not agree on a Title Expert within 20 Business Days after the Closing, then Sellers, on the one hand, and Purchaser, on the other hand, shall each propose a Title Expert during such 20 Business Day period and such two (2) proposed individuals shall name the Title Expert.

  • The Title Expert shall be neutral, not an Affiliate, employee or consultant of either Party (nor of any of their Affiliates), and shall be an oil and gas title attorney with at least ten (10) years of experience examining title to oil and gas properties in New Mexico.

  • The Title Expert shall make his or her determination and provide to the Parties written findings within twenty (20) Business Days after he has received the materials under Section 5.9(b).


More Definitions of Title Expert

Title Expert means an attorney licensed to practice law in the state of Colorado with at least 10 years of experience in oil and gas title and related
Title Expert has the meaning provided in Section 5.6.
Title Expert means a title attorney working with or for Txxxx Xxxxxx & Hxxxx LLC, 1000 Xxxxxxxx, Xxxxx #000, Xxxxxx, Xxxxxxxx, 00000, with at least ten (10) years’ experience in oil and gas titles in the State of Colorado, or if no such attorney is able or willing to participate as Title Expert then an independent title attorney meeting the same experience requirements, as selected by mutual agreement of Purchaser and Seller or absent such agreement within a ten (10)-day period, in accordance with the Rules.
Title Expert shall have the meaning given such term in Section 2.5(b).

Related to Title Expert

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Accounting Referee has the meaning set forth in Section 6.01(c).

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

  • Arbiter has the meaning set forth in Section 2.3(c).

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

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

  • Expert is defined in Section 7.9 of this Agreement.

  • Corrosion expert means a person who, by reason of thorough knowledge of the physical sciences and the principles of engineering and mathematics acquired by a professional education and related practical experience, is qualified to engage in the practice of corrosion control on buried or submerged metal piping systems and metal tanks. Such a person must be accredited or certified as being qualified by the National Association of Corrosion Engineers or be a registered professional engineer who has certification or licensing that includes education and experience in corrosion control of buried or submerged metal piping systems and metal tanks.

  • 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;

  • Arbitration Panel shall have the meaning set forth in Section 3 hereof.

  • financial expert means an individual, company or firm who is authorised to give investment advice under the Financial Services and Markets Act 2000;

  • Billing Dispute Notice means a formal, written notice submitted to HUGE by the Customer in terms of this Procedure.

  • Work experience means a work activity that provides a participant with an

  • Qualified expert means an individual having the knowledge and training to measure ionizing radiation, to evaluate safety techniques, and to advise regarding radiation protection needs, for example, individuals certified in the appropriate field by the American Board of Radiology or the American Board of Health Physics, or those having equivalent qualifications. With reference to the calibration of radiation therapy equipment, an individual having, in addition to the above qualifications, training and experience in the clinical applications of radiation physics to radiation therapy, for example, individuals certified in Therapeutic Radiological Physics or X-Ray and Radium Physics by the American Board of Radiology, or those having equivalent qualifications.

  • Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.

  • Dispute Date means, with respect to a Dispute, the date on which a Dispute Notice is effectively delivered by one party to the other party save that if, with respect to a Dispute, both parties deliver a Dispute Notice, the date on which the first in time of such notices is effectively delivered will be the Dispute Date. Each Dispute Notice will be effectively delivered if delivered in the manner agreed between the parties for the giving of notices in respect of this Agreement.

  • CPA Firm has the meaning set forth in Section 2.3(c).

  • Neutral Auditor means Ernst & Young or, if Ernst & Young is unable to serve, an impartial nationally recognized firm of independent certified public accountants other than Seller’s accountants or Purchaser’s accountants, mutually agreed to by Purchaser and Seller.

  • Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.

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

  • Dispute Board (DB) means the person or persons named as such in the SCC appointed by agreement between the Procuring Entity and the Contractor to make a decision with respect to any dispute or difference between the Procuring Entity and the Contractor referred to him or her by the Parties pursuant to GCC Sub-Clause 46.1 (Dispute Board) hereof.

  • Audit Firm means a legal person or any other entity, regardless of its legal form, that is approved in accordance with this Directive by the competent authorities of a Member State to carry out statutory audits;

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Billing Dispute means the dispute of an invoice prepared by an Operator to the Other Operator which is made in good faith.

  • Relevant Dispute means any difference between the parties arising out of or in connection with this contract; "Relevant Force Majeure Event" has the meaning ascribed to it in Clause 17.1;

  • 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