Defect Amounts. The diminution of value of the Assets attributable to any Defect (the “Defect Amount”) shall be determined as follows:
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (W&t Offshore Inc)
Defect Amounts. The diminution of value of the Assets attributable to any valid Defect (the “Defect Amount”) as to the applicable Asset affected by such Defect shall be determined as follows:
Appears in 1 contract
Defect Amounts. The diminution of value of the Assets an Asset attributable to any valid Defect (the “Defect Amount”) as to the applicable Asset affected by such Defect shall be determined as follows:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Riley Exploration Permian, Inc.)
Defect Amounts. The diminution of value of the Assets attributable to any valid Defect that burdens an Asset (the “Defect Amount”) shall be determined as follows:
Appears in 1 contract
Samples: Securities Purchase Agreement (Devon Energy Corp/De)