Amendment to the PSA Sample Clauses

Amendment to the PSA. Article I of the PSA is hereby amended by deleting the definition of Due Diligence Period in its entirety and replacing it with the following:
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Amendment to the PSA. Notwithstanding anything in the PSA to the contrary, each Party hereby agrees that (i) Buyer is deemed to have made an election under Section 8.1 of the PSA to extend the Target Closing Date to December 8, 2017; (ii) Buyer shall, within one Business Day of the date hereof, deliver to Sellers an amount equal to Three Hundred Fifty Thousand Dollars ($350,000.00) by wire transfer of immediately available funds in accordance with the instructions set forth in Exhibit A hereto, which amount shall constitute the “Extension Payment” for all purposes under the PSA (including Section 8.1 thereof); (iii) Closing shall occur at the Houston office of Xxxxxx & Xxxxxx, LLP located at 0000 Xxxxxx Xxxxxx, Suite 2500, Houston, Texas 77002, with all documents to be delivered at Closing pursuant to Section 8.3 of the PSA to be executed by each applicable Party on the day before the Closing Date at the foregoing location, which executed documents shall be held in escrow by Xxxxxx & Xxxxxx, LLP pending the occurrence of the Closing; and (iv) at the Closing, the Purchase Price shall be adjusted upward by the amount of the Extension Payment pursuant to Section 3.3(a)(vi) of the PSA and the Extension Payment shall be credited toward such Adjusted Purchase Price pursuant to Section 3.1 of the PSA.
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Amendment to the PSA. (a) Schedule 4.4 to the PSA shall be amended by deleting the following item therein: GGPA371002 Gas Gathering and Processing Agreement ETC Field Services LLC Armor Petroleum Inc. 9/1/2016 HBP (b) Schedule 4.8 to the PSA shall be amended by deleting the following items therein: GGPA371002 Gas Gathering and Processing Agreement ETC Field Services LLC Armor Petroleum Inc. 9/1/2016 HBP JOA371006 Joint Operating Agreement BBM Drilling Company Xxxx X. Xxxxxxxx et al 1/18/1967 HBP LA371001 Letter Agreement Armor Petroleum, Inc. Whitehorse Energy Delaware, LLC 6/27/2017 10/31/2017
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Amendment to the PSA. Notwithstanding anything in the PSA to the contrary, the Parties acknowledge and agree, solely with respect to the Additional Assets (as defined below), the following: (a) The assets described in more details on Exhibit A attached hereto and any other assets Sellers acquired under those instruments described in more details on Exhibit B (collectively, the “Additional Assets”) shall be deemed “Additional Interests” for all purposes under the PSA. (b) The conveyance to Buyer of the Additional Assets and the other assets associated thereto shall occur on December 21, 2017 (the “Second Closing Date”); provided that Buyer shall be entitled to, on or before 5:00 p.m. (Central Time) time on January 31, 2018 (the “Second Closing Defect Claim Date”), (A) conduct title review and environmental due diligence on all Additional Assets to be conveyed, and (B) assert any matter Buyer deems to constitute a Title Defect pursuant to procedures set forth in Section 10.1 of the PSA (which shall apply mutatis mutandis, except for Section 10.1(e) of the PSA) or an Environmental Defect pursuant to procedures set forth in Section 10.3 of the PSA (which shall apply mutatis mutandis, except for Section 10.3(c) of the PSA). Sellers shall be entitled to cure each Title Defect asserted under this Section 1(b) in accordance with Section 10.1(b). All uncured Title Defects and all Environmental Defects properly asserted under this Section 1(b) shall be taken into account (and adjustments made in respect thereof) to the fullest extent possible in accordance with Section 10.1 of the PSA and Section 10.3 of the PSA (including Buyer’s right under Section 10.3(b) of the PSA), as applicable. (c) At Sellers’ request, Buyer will deliver the amount equal to (A) the aggregate Additional Interest Values attributable to the Additional Assets (the “Second Closing Purchase Price”), minus (B) One Million Dollars ($1,000,000.00) (the “Second Closing Escrow Amount”), in such amounts and to such accounts as Seller may designate in writing prior to December 21, 2017. On the Second Closing Date, Buyer shall deposit into the Escrow Account the Second Closing Escrow Amount. (d) Within one (1) Business Day after Sellers make or fail to make an election to cure the asserted Title Defects under Section 10.1(b) of the PSA, the Parties shall jointly instruct the Escrow Agent to release (1) to Sellers, an amount, if positive, equal to (A) the Second Closing Escrow Amount, minus (B) the aggregate Title Defect Amount...
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Amendment to the PSA. Notwithstanding anything to the contrary in the PSA, including Section 9.5 of the PSA, the Parties agree that the following amendments to the PSA are made effective as of the Execution Date: (a) Exhibit A to the PSA is hereby deleted in its entirety and replaced with Exhibit A attached hereto. (b) Exhibit B to the PSA is hereby deleted in its entirety and replaced with Exhibit B attached hereto. (c) Exhibit G-1 to the PSA is hereby deleted in its entirety and replaced with Exhibit G-1 attached hereto. (d) Exhibit H-2 to the PSA is hereby deleted in its entirety and replaced with Exhibit H-2 attached hereto. (e) Exhibit I to the PSA is hereby deleted in its entirety and replaced with Exhibit I attached hereto. (f) Exhibit L-1 to the PSA is hereby deleted in its entirety and replaced with Exhibit L-1 attached hereto. (g) Exhibit L-3 to the PSA is hereby deleted in its entirety and replaced with Exhibit L-3 attached hereto. (h) Exhibit L-4 to the PSA is hereby deleted in its entirety and replaced with Exhibit L-4 attached hereto. (i) Exhibit L-5 to the PSA is hereby deleted in its entirety and replaced with Exhibit L-5 attached hereto. (j) Exhibit M to the PSA is hereby deleted in its entirety and replaced with Exhibit M attached hereto. (k) Exhibit N-1 to the PSA is hereby deleted in its entirety and replaced with Exhibit N-1 attached hereto. (l) Exhibit N-2 to the PSA is hereby deleted in its entirety and replaced with Exhibit N-2 attached hereto. (m) Exhibit O-1 to the PSA is hereby deleted in its entirety and replaced with Exhibit O-1 attached hereto. (n) Exhibit O-2 to the PSA is hereby deleted in its entirety and replaced with Exhibit O-2 attached hereto. (o) References to Exhibit U in the PSA are hereby deleted in their entirety and replaced with “Reserved”. (p) Schedule 3.1(b) attached hereto shall be added as a schedule to the PSA. (q) Schedule 7.7 to the PSA is hereby deleted in its entirety and replaced with Schedule 7.7 attached hereto. (r) Schedule 7.18 to the PSA is hereby deleted in its entirety and replaced with Schedule 7.18 attached hereto. (s) Schedule 9.6 to the PSA is hereby deleted in its entirety and replaced with Schedule 9.6 attached hereto. (t) Schedule 9.13 to the PSA is hereby deleted in its entirety and replaced with Schedule 9.13 attached hereto. (u) Schedule ABEC to the PSA is hereby deleted in its entirety and replaced with Schedule ABEC attached hereto. (v) Schedule I-2 to the PSA is hereby deleted in its entirety and replaced...
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Amendment to the PSA. Section 5(d)(vii) of the PSA is hereby amended by deleting the words “the first Business Day that is fifteen (15) calendar days following the entry by the Bankruptcy Court of the Confirmation Order” and replacing such deleted words with “April 5, 2013”.
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Amendment to the PSA. (a) Schedule 4.4 to the PSA shall be amended by deleting the following item therein: (b) Schedule 4.8 to the PSA shall be amended by deleting the following items therein:
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Amendment to the PSA. In connection with the Additional Discretionary Sale contemplated by this Addendum 4, concurrent with the execution and delivery of this Addendum 4 by Optionor and Optionee and by no later than the Effective Date, Optionor and Optionee shall execute and deliver to Escrow Holder that certain Fifth Amendment to Agreement of Purchase and Sale and Joint Escrow Instructions (the "PSA Fifth Amendment"), in the form attached as Exhibit A and incorporated herein. The PSA, as amended by the New PSA Amendment, shall govern the sale of any Retained Residential Lots pursuant to the Additional Discretionary Sale contemplated by this Addendum 4.
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Related to Amendment to the PSA

  • Amendment to the Agreement Pursuant to Section 8.3 of the Agreement, Section 2.1 of the Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • Amendment to the Credit Agreement Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below (the “Amendment No. 1 Effective Date”), the parties hereto agree that the Credit Agreement is hereby amended as follows:

  • Amendment, Etc No amendment, modification or waiver of any provision of this Indenture relating to any Guarantor or consent to any departure by any Guarantor or any other Person from any such provision will in any event be effective unless it is signed by such Guarantor and the Trustee.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • Amendment to this Agreement No provision of this Agreement may be changed, discharged or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, discharge or termination is sought.

  • AMENDMENT TO SECTION 1.1

  • Amendment to Agreement Effective as of the Amendment No. 2 Effective Date, the Agreement shall be amended as follows: The parties hereby agree to amend Exhibit A by adding the following new text as a new section 5: [START NEW TEXT]

  • Amendment to Schedule The Grantor authorizes the Collateral Agent to modify this Agreement and the Assignments of Trademarks, without the necessity of such Grantor’s further approval or signature, by amending Schedule A hereto and the Annex to each Assignment of Trademarks to include any future or other Trademarks, Trademark Licenses, Trade Secrets or Trade Secret Licenses that become part of the Trademark Collateral under Section 2 or Section 3.1.

  • Amendment to Lease If Tenant timely exercises Tenant’s right to lease the Availability Premises or any portion thereof as set forth herein, then, within fifteen (15) days thereafter, Landlord and Tenant shall execute an amendment adding such Availability Premises to this Lease upon the same terms and conditions as the Initial Premises, except as otherwise set forth in this Section 1.4 or the Availability Notice, and provided that the terms of the Tenant Work Letter shall not apply with respect to the Availability Premises (except as otherwise provided in Section 1.4.5, above); provided, however, an otherwise valid exercise of Tenant’s right of availability shall be of full force and effect irrespective of whether such amendment is ever signed by Landlord and Tenant. Except to the extent inconsistent with the determination of Availability Premises Rent, all provisions of the Lease which vary based upon the rentable and usable square footage of the Premises shall be adjusted to reflect the addition of such Availability Premises to the Premises; provided, however, the L-C Amount shall be increased pursuant to the terms of Section 21.7 of this Lease, below. The rentable square footage of such Availability Premises shall be determined in accordance with the terms of Section 1.2 of this Lease. To the extent Tenant exercises its right of first offer with respect to any portion of the Availability Premises during the first (1st) year after the Lease Commencement Date, Tenant shall commence payment of Availability Premises Rent and Excess as to such space to Landlord upon that date (the “Availability Premises Rent Commencement Date”) which is two hundred ten (210) days after the later of the delivery date set forth in the Availability Notice and the date Landlord delivers the Availability Premises in the Delivery Condition (the “Availability Premises Lease Commencement Date”). To the extent Tenant exercises its right of availability with respect to any portion of the Availability Premises anytime after the first (1st) anniversary of the Lease Commencement Date, the Availability Premises Rent Commencement Date shall occur one hundred eighty (180) days after the Availability Premises Lease Commencement Date. In all cases, the lease term of the Availability Premises (or any portion thereof) shall expire on the Lease Expiration Date, subject to extension of this Lease; provided, however, in the event the remaining Lease Term is less than thirty-six (36) months from the applicable Availability Premises Rent Commencement Date, then the Lease Term shall be extended for a period of time sufficient for Tenant’s lease of the Premises to be coterminous with Tenant’s lease of the Availability Premises (which shall be thirty-six (36) months from the applicable Availability Premises Rent Commencement Date), and the base rental rate for the Premises during this extended period shall be adjusted to Market Rent for the Premises determined in accordance with Section 2.2.4 and the Base Year shall be the year in which the Lease would have otherwise expired (if on or before July 31) or the following year (if after July 31). This extension shall have no impact on Tenant’s extension rights hereunder, which may be exercised at the end of the extended Lease Term. This Lease shall commence as to the Availability Premises (and references to Premises shall include the applicable Availability Premises) on the Availability Premises Lease Commencement Date.

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