Agreement Before Closing. If, before the Closing Date, Seller and Purchaser agree on the existence and Title Defect Values of all Open Title Defects, and the existence and value of all Interest Additions, then the amount of the Title Defect Adjustment, if any, shall be deducted from the Base Purchase Price at the Closing, and shall be reflected in the Closing Amount.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Unit Corp), Purchase and Sale Agreement (Harvest Natural Resources, Inc.)
Agreement Before Closing. If, before the Closing Date, Seller Sellers and Purchaser agree on the existence and Title Defect Values of all Open Title Defects, and the existence and value of all Interest Additions, then the amount of the Title Defect Adjustment, if any, Adjustment shall be deducted from and the value of all Interest Additions shall be added to the Base Purchase Price at the Closing, and shall be reflected in the Closing Preliminary Adjustment Amount.
Appears in 1 contract
Samples: Membership Interest Purchase and Sale Agreement (Carbon Energy Corp)
