Common use of Title Defect Remedies Clause in Contracts

Title Defect Remedies. Seller’s sole responsibility and Buyer’s sole and exclusive remedy for the reduction in value of Seller’s title to a Lease, Well or Valued Location resulting from the existence of a Title Defect shall be as provided in this Exhibit A and Seller shall not be liable for any Losses in respect of Title Defects and Title Defect Amounts, except to the extent provided under this Exhibit A; provided, however, such limitations shall not apply to any breach of the limited warranty of title contained in the Assignment.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (EV Energy Partners, LP)

AutoNDA by SimpleDocs

Title Defect Remedies. Seller’s sole responsibility and Buyer’s sole and exclusive remedy for the reduction in value of Seller’s title to a Lease, Lease or Well or Valued Location resulting from the existence of a Title Defect shall be as provided in this Exhibit A and Seller shall not be liable for any Losses in respect of Title Defects and Title Defect Amounts, except to the extent provided under this Exhibit A; provided, however, such limitations shall not apply to any breach of the limited warranty of title contained in the Assignment.A.

Appears in 1 contract

Samples: Purchase Agreement (Goodrich Petroleum Corp)

AutoNDA by SimpleDocs

Title Defect Remedies. Seller’s sole responsibility and BuyerXxxxx’s sole and exclusive remedy for the reduction in value of Seller’s title to a Lease, Lease or Well or Valued Location resulting from the existence of a Title Defect shall be as provided in this Exhibit A and Seller shall not be liable for any Losses in respect of Title Defects and Title Defect Amounts, except to the extent provided under this Exhibit A; provided, however, such limitations shall not apply to any breach of the limited warranty of title contained in the Assignment.A.

Appears in 1 contract

Samples: Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!