Common use of Notice of Title Defects and Benefits; Adjustment Clause in Contracts

Notice of Title Defects and Benefits; Adjustment. (a) To assert a Title Defect, Buyer must deliver a defect claim notice or notices to the Seller Representative as soon as reasonably practicable upon discovery of a Title Defect and in any event no later than 5:00 p.m. central time on the date that is five Business Days prior to Closing (the “Title Defect Claim Date”). Each such notice shall be in writing and delivered via email with hardcopy to be delivered the next Business Day, and shall include:

Appears in 3 contracts

Samples: Interest Purchase Agreement (Energy 11, L.P.), Interest Purchase Agreement (Energy 11, L.P.), Interest Purchase Agreement (Energy 11, L.P.)

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Notice of Title Defects and Benefits; Adjustment. (a) To assert a Title Defect, Buyer must deliver a defect claim notice or notices to the Seller Representative as soon as reasonably practicable upon discovery of a Title Defect and in any event no later than 5:00 p.m. central time on the date that is five Business Days prior to Closing (the “Title Defect Claim Date”). Each such notice shall be in writing and delivered via email with hardcopy to be delivered the next Business Day, and shall include:

Appears in 1 contract

Samples: Interest Purchase Agreement (Energy 11, L.P.)

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Notice of Title Defects and Benefits; Adjustment. (a) To assert a Title Defect, Buyer must deliver a defect claim notice or notices to the Seller Representative as soon as reasonably practicable upon discovery of a Title Defect and in any event no later than 5:00 p.m. central time on the date that is five Business Days prior to Closing (the “Title Defect Claim Date”). Each such notice shall be in writing and delivered via email with hardcopy to be delivered the next Business Day, and shall include:

Appears in 1 contract

Samples: Interest Purchase Agreement (Natural Resource Partners Lp)

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