Defect Dispute Resolution. (i) The Parties agree to resolve disputes concerning the following matters pursuant to this Section 6.4(f): (A) the existence and scope of a Defect, Title Benefit or Defect Adjustment Amount; (B) the Defect Amount for a Defect Property or the Title Benefit Amount for a Title Benefit Property; and (C) the adequacy of Seller’s Title Defect curative efforts as to whether a Title Defect continues to exist or Purchaser’s reasonable satisfaction of such efforts (the “Defect Disputed Matters”).
Appears in 4 contracts
Samples: Purchase and Sale Agreement by And, Purchase and Sale Agreement (Emerald Oil, Inc.), Purchase and Sale Agreement (Triangle Petroleum Corp)
