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