Amendment to PSA Clause Samples
Amendment to PSA. The PSA is hereby amended as follows (with Section references below in this Section 1 being the section of the PSA that is being amended):
(a) Section 1.1(b) is hereby amended and restated in its entirety as follows: “The aggregate consideration for the purchase and sale of the ORRI shall be an amount in cash equal to $13,675,000 (the “ORRI Purchase Price”).”
(b) Section 2.3(a) and Section 2.4(c) are hereby amended to provide that the effective date of the conveyance referenced by each section be the first day of the month during which the Closing Date occurs.
Amendment to PSA. Schedule 3.1(c) of the PSA is hereby amended by changing the number of “Unrestricted Shares” for both October 2018 and November 2018 to “0”.
Amendment to PSA. (a) Exhibit A – Part 1A to the PSA is hereby deleted and replaced in its entirety with the amended and restated Exhibit A – Part 1A attached as Exhibit A to this Amendment;
(b) Exhibit A – Part 1B to the PSA is hereby deleted and replaced in its entirety with the amended and restated Exhibit A—Part 1B attached as Exhibit B to this Amendment; and
(c) Schedule 6.01(m) to the PSA is hereby deleted and replaced in its entirety with the amended and restated Schedule 6.01(m) attached as Exhibit C to this Amendment.
Amendment to PSA. The PSA is hereby amended as follows:
(a) Section 7.2 of the PSA is hereby amended and restated in its entirety as follows: “This Agreement shall automatically terminate at 5:00 p.m. Central Time on June 6, 2025 (the “Outside Date”).”
Amendment to PSA. (a) Section 1.01 of the PSA is hereby amended by deleting and replacing the reference to “Section 3.02(a)” with “Section 3.02(c)” in the definition of “Deposit”.
(b) Section 3.02 of the PSA is hereby amended by deleting the section in its entirety and replacing it with the following language:
Amendment to PSA. In consideration of WPP’s waiver of the condition precedent to the Second Closing in Section 7.1(b) of the PSA, W▇▇▇▇▇▇▇▇▇ and WPP hereby agree to amend the PSA to provide WPP with an overriding royalty of $0.10 per ton on the first 8,500,000 tons mined from certain coal reserves as more specifically set forth on the green shaded area of Exhibit A to this Agreement. Except as expressly modified and amended herein, all of the terms and conditions of the PSA shall remain in full force and effect.
Amendment to PSA. Party B will provide prior written notice to Party A of any proposed amendment or modification to the PSA and Party B will obtain the prior written consent of Party A (such consent not to be unreasonably withheld) to any such amendment or modification where such consent is required under the terms of the PSA.
Amendment to PSA. Section 9.03(e) of the PSA is hereby deleted in its entirety and replaced by the following: “[reserved.]”
Amendment to PSA. The PSA is hereby amended as follows (with Section references below in this Section 1 being the section of the PSA that is being amended):
(a) Section 1.1(b) is hereby amended and restated in its entirety as follows: “The aggregate consideration for the purchase and sale of the ORRI shall be an amount in cash equal to $13,500,000 (the “ORRI Purchase Price”).”
(b) Section 1.2(a) is hereby amended and restated in its entirety as follows: