Common use of Notice of Title Defects Clause in Contracts

Notice of Title Defects. (a) If Buyer discovers any Title Defect affecting any Asset, Buyer shall notify Seller as promptly as possible, but no later than the expiration of the Examination Period of such alleged Title Defect. To be effective, such notice must (i) be in writing, (ii) be received by Seller by 5:00 p.m. Central Standard Time on the expiration date of the Examination Period and

Notice of Title Defects. (a) If Buyer discovers any alleged Title Defect affecting any Asset, Buyer shall notify Seller of the alleged Title Defect as promptly as possible, but no later than the expiration of the Examination Period of such alleged Title DefectPeriod. To be effective, such this notice (a “Title Defect Notice”) must (i) be in writing, ; (ii) be received by Seller by 5:00 p.m. Central Standard Time on prior to the expiration date of the Examination Period andPeriod;