Defect Notices. On or before the expiration of the Review Period, Buyer shall provide notice to Seller regarding all Defects (each, a "Defect Notice"). A Defect Notice shall be in writing and shall include: (i) a description of the Assets affected by the Defect; and (ii) an explanation of the basis for the Defect.
Defect Notices. To Seller’s knowledge, none of Seller, the Trust, Property Manager, Illinois Manager or Riverside LLC have received any notice from the holder of any mortgage presently encumbering the Property, any insurance company which has issued a policy with respect to the Property or from any board of fire underwriters claiming any defects or deficiencies in the Property or suggesting or requesting the performance of any repairs, alterations or other work to the Property, which have not been cured.
Defect Notices. TOK shall give prompt notice to Courtland of the occurrence, or failure to occur, at any time from the date hereof until the Effective Date, of any event or state of facts which occurrence or failure would, or would be likely to, result in the failure to satisfy the conditions described in Sections 9.3(a) or (b) before the Effective Date. Courtland may not elect not to complete the transactions contemplated hereby (pursuant to the non- fulfilment of any condition precedent or any termination right arising therefrom) unless forthwith (and in any event prior to the filing of the Articles of Xxxxxx), Xxxxxxxxx has delivered a written notice (“Xxxxxxxxx’s Defect Notice”) to TOK specifying in the matters (the “TOK Defects”) which the party delivering such notice is asserting as the basis for the non fulfilment of the applicable condition precedent or termination right, as the case may be.
Defect Notices. To Seller’s knowledge, neither Seller, any of its affiliates nor the property manager of the Property has received any written notice of the existence of material structural or mechanical defects in the Improvements or Personal Property.
Defect Notices. Subject to Section 6.04(b), Buyer may deliver to Seller one or more Defect Notices on or before the Interim Defect Notice Date with regard to Title Defects affecting any Non-Producing Fee Minerals underlying Lands in the States of Texas or Louisiana (each, an “Interim Defect Notice”) and again, but solely with regard to Title Defects affecting any Non-Producing Fee Minerals underlying Lands only in the State of Texas, between the Interim Defect Notice Date and the Final Defect Notice Date (each, an “Additional Defect Notice”). Any matters that may otherwise constitute Title Defects with regard to Title Defects affecting any Non-Producing Fee Minerals underlying Lands in the State of Texas or Louisiana, but with respect to which Seller has not received a Defect Notice from Buyer by the Interim Defect Notice Date or, solely with regard to Title Defects affecting any Non-Producing Fee Minerals underlying Lands in the State of Texas, by the Final Defect Notice Date, shall be deemed to have been conclusively waived by Buyer for all purposes and shall constitute Permitted Exceptions.
Defect Notices. To Seller's actual knowledge, Seller has not received any notice from any insurance company of any defects or inadequacies in the Property which remain pending or unresolved, except as may be indicated in the written materials supplied Buyer by Seller pursuant to this Agreement.
Defect Notices. KLRE shall deliver to Tema written notice meeting the requirements of this Section 2.5(b) (each, a “Defect Notice”) with respect to each alleged Defect to Tema as soon as reasonably practicable after identifying such Defect but in any event at or before 5:00 p.m. Houston. Texas time, February 18, 2017 (the “Defect Deadline”). For all purposes of this Agreement and notwithstanding anything herein to the contrary, KLRE shall be deemed to have waived, and Tema shall have no liability for, any Defect that KLRE fails to assert as a Defect through delivery of a Defect Notice received by Tema before the Defect Deadline. To be effective, each Defect Notice shall include, as to each alleged Defect alleged therein:
(i) a description of the alleged Defect that is reasonably sufficient for Tema to investigate or determine the basis of the alleged Defect;
(ii) the Contributed Asset(s) subject to such Defect;
(iii) the Allocated Value of the Oil and Gas Properties subject to the alleged Defect;
(iv) KLRE’s good faith reasonable estimate of the Defect Amount attributable to such Defect and the computations and information upon which KLRE’s estimate is based; and
(v) to the extent available, documents and information reasonably necessary for Tema (as well as any title attorney, examiner or environmental consultant hired by such Parties) to verify, investigate or be put on notice as to the existence of the alleged Defect.
Defect Notices. Seller has not received any notices from -------------- any insurance company or Tenant of any defects or inadequacies in the Property.
Defect Notices. No later than April 15, 1998 (the "NOTIFICATION DEADLINE"), Forest shall notify Anschutz in writing (such notice being herein referred to as a "DEFECT NOTICE") of any matter (a
Defect Notices. Neither WRAAP nor WRUR has received any notice from the holder of any mortgage presently encumbering the Property, any insurance company which has issued a policy with respect to the Property or from any board of fire underwriters or any other governmental agency or authority claiming any defects or deficiencies in the Property or suggesting or requesting the performance of any repairs, alterations or other work to the Property, which have not been cured;
