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.
Appears in 6 contracts
Samples: Asset Purchase Agreement (PetroShare Corp.), Asset Purchase Agreement (PetroShare Corp.), Asset Purchase Agreement (PetroShare Corp.)