Common use of Adjustments to Purchase Price for Defects Clause in Contracts

Adjustments to Purchase Price for Defects. (a) Notwithstanding anything to the contrary contained in this Agreement, no adjustment of the Purchase Price shall be made for Title Defects unless the aggregate of the Title Defect Amounts, as determined in accordance with this Agreement, equals or exceeds two percent of the Purchase Price, in which event the Purchase Price shall be adjusted downward by the amount such Title Defect Amounts exceed two percent of the Purchase Price in the aggregate.

Adjustments to Purchase Price for Defects. (a) Notwithstanding anything to the contrary contained in this Agreement, no adjustment of the Purchase Price shall be made for Title Defects unless the aggregate of the Title Defect Amounts, as determined in accordance with this Agreement, equals or exceeds two percent of the Purchase Price$1,400,000, in which event the Purchase Price shall be adjusted downward by the amount such Title Defect Amounts exceed two percent of the Purchase Price $1,400,000 in the aggregate.

Adjustments to Purchase Price for Defects. (a) Notwithstanding anything to the contrary contained in this Agreement, no adjustment of the Purchase Price shall be made for Title Defects unless the aggregate of the Title Defect Amounts, as determined in accordance with this Agreement, equals or exceeds two percent of the Purchase Price$1,000,000, in which event the Purchase Price shall be adjusted downward by the amount total of such Title Defect Amounts exceed two percent of the Purchase Price in the aggregateAmounts.

Adjustments to Purchase Price for Defects. (a) Notwithstanding anything to the contrary contained in this Agreement, no adjustment of the Purchase Price shall be made for Title Defects unless the aggregate of the Title Defect Amounts, as determined in accordance with this Agreement, equals or exceeds two percent the sum of the Purchase Price$1,000,000, in which event the Purchase Price shall be adjusted downward by the amount such Title Defect Amounts exceed two percent of the Purchase Price in the aggregate$1,000,000.

Adjustments to Purchase Price for Defects. (a) Notwithstanding anything to the contrary contained in this Agreement, no adjustment of the Purchase Price shall be made for Title Defects unless the aggregate of the Title Defect Amounts, as determined in accordance with this Agreement, equals or exceeds two one percent of the Purchase Price, in which event the Purchase Price shall be adjusted downward by the amount such Title Defect Amounts exceed two one percent of the Purchase Price in the aggregate.