Seller's Election to Cure. Seller may notify Buyer in writing on or before the Closing Date that it elects to cure the alleged Title Defect. If Seller has elected to cure the Title Defect, then Seller shall use commercially reasonable efforts to cure such Title Defect during a period ending sixty days after Closing (the "Cure Period").
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Bellwether Exploration Co), Agreement for Purchase and Sale (Nuevo Energy Co)
Seller's Election to Cure. Seller Sellers may notify Buyer in writing on or before three days prior to the Closing Date that it elects they elect to cure the alleged Title Defect. If Seller has Sellers have elected to cure the Title Defect, then Seller Sellers shall use commercially reasonable efforts to cure such Title Defect during a period ending sixty thirty days after Closing (the "“Cure Period"”).
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Resaca Exploitation, Inc.), Agreement for Purchase and Sale (Resaca Exploitation, Inc.)
