Common use of Seller’s Right to Remediate Clause in Contracts

Seller’s Right to Remediate. Seller shall have the right, but not the obligation, to attempt, at its sole cost, to Remediate at any time prior to Closing any Environmental Defects of which it has been advised by Buyer prior to the Defect Notice Date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Petroleum Development Corp)

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Seller’s Right to Remediate. Seller shall have the rightoption, but not the obligation, to attempt, at its Seller’s sole costexpense, to attempt to Remediate at any time Environmental Defect prior to Closing any Environmental Defects of which it has been advised by Buyer prior to the Defect Notice DateClosing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Samson Oil & Gas LTD), Purchase and Sale Agreement (PetroShare Corp.)

Seller’s Right to Remediate. Seller shall have the right, but not the obligation, to attempt, at its sole cost, to Remediate at any time prior to Closing Closing, any Environmental Defects Defect of which it has been advised by Buyer prior pursuant to the Defect Notice Dateterms of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Forestar Group Inc.)

Seller’s Right to Remediate. Seller shall have the right, but not the obligation, to attempt, at its sole cost, to Remediate or remove at any time prior to Closing the Curative Date any Environmental Defects Defect of which it has been advised by Buyer prior pursuant to the Defect Notice DateSection 5.2 of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (WPX Energy, Inc.)

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Seller’s Right to Remediate. Seller shall have the right, but not the obligation, to attempt, at its sole cost, to Remediate to Buyer's reasonable satisfaction, at any time prior to Closing any Environmental Defects of which it has been advised asserted by Buyer prior to the Defect Notice Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Empire Petroleum Corp)

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