Common use of Buyer’s Title Adjustments Clause in Contracts

Buyer’s Title Adjustments. As Buyer's sole and exclusive remedy with ------------------------- respect to Title Defects, Buyer shall be entitled to reduce the Purchase Price by the amount, if any, by which the aggregate amount of Title Defect Amounts with respect to all Title Defect Properties exceeds the sum (the "Available Deductible Amount") of $500,000 (the "Title Defect Deductible") plus the aggregate amount of Seller Title Credits with respect to all Xxxxx or Units. "Title Defect Amount" shall mean, with respect to a Title Defect Property, the amount by which the value of such Title Defect Property is impaired as a result of the existence of one or more uncured and unwaived Title Defects, which amount shall be determined as follows and subject to the following conditions:

Buyer’s Title Adjustments. As Buyer's ’s sole and exclusive remedy with ------------------------- respect to Title Defects, Buyer shall be entitled to reduce the Purchase Price by the amount, if any, by which the aggregate amount of all Title Defect Amounts with respect to all Title Defect Properties exceeds the sum (the "“Available Deductible Amount"”) of $500,000 (the "Title Defect Deductible") 10,000,000 plus the aggregate amount of Seller all Title Credits with respect to all Xxxxx or UnitsCredits. "“Title Defect Amount" ” shall mean, with respect to a Title Defect Property, the amount by which the value of such Title Defect Property is impaired as a result of the existence of one or more uncured and unwaived Title Defects, which amount shall be determined as follows and subject to the following conditions:

Buyer’s Title Adjustments. As Subject to Section 6.5, as Buyer's sole and exclusive remedy with ------------------------- respect to Title Defects, Buyer shall be entitled to reduce the Purchase Price by the amount, if any, by which the aggregate amount of Title Defect Amounts with respect to all Title Defect Properties exceeds the sum (the "Available Deductible Amount") of $500,000 1,300,000 (the "Title Defect Deductible") plus the aggregate amount of Seller Title Credits with respect to all Xxxxx or UnitsProperty Subdivisions. "Title Defect Amount" shall mean, with respect to a Title Defect Property, the amount by which the value of such Title Defect Property is impaired as a result of the existence of one or more uncured and unwaived Title Defects, which amount shall be determined as follows and subject to the following conditions: