Sellers Title. (A) For the purpose of computing adjustments to the Purchase Price for Title Failures under section 6.6, Seller covenants to Buyer that Seller's title to the Assets as of the Effective Time is (and as of the Closing Date will be) good and marketable title as defined in section 6.3; and
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Benz Energy LTD /Can/), Purchase and Sale Agreement (Benz Energy LTD /Can/)
Sellers Title. (A) For the sole purpose of computing adjustments to the Purchase Price for Title Failures under section 6.6Section 7.6, Seller covenants hereby warrants and represents to Buyer that Seller's ’s title to the Assets Units as of the Effective Time is (and as of the Closing Date will be) good and marketable title marketable, as defined in section 6.3; andSection 7.4.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Mission Resources Corp)
Sellers Title. (A) For the exclusive purpose of computing adjustments to the Purchase Price for Title Failures under section 6.6Section 7.6, Seller covenants hereby warrants and represents to Buyer that Seller's title to the Assets as of the Effective Time is (and as of the Closing Date will be) be good and marketable title marketable, as defined in section 6.3Section 7.4; and
Appears in 1 contract
Samples: Purchase and Sale Agreement (Titan Exploration Inc)