Defect Claim Date definition

Defect Claim Date has the meaning set forth in Section 6.2(a).

Defect Claim Date has the meaning set forth in Section 3.6.

Defect Claim Date means (a) with respect to Title Defects and Title Benefits, September 7, 2011, and (b) with respect to Environmental Defects, August 23, 2011.

Examples of Defect Claim Date in a sentence

• Seller shall be deemed to have waived all Title Benefits of which it has not given notice on or before the Defect Claim Date.

• Subject to Buyer’s obligation under Section 6(a), Seller shall be deemed to have waived all Title Benefits of which it has not given notice on or before the Defect Claim Date.

• To give Seller an opportunity to commence reviewing and curing Title Defects, Buyer agrees to use reasonable efforts to give Seller, on or before the end of each calendar week prior to the Defect Claim Date, written notice of all Title Defects discovered by Buyer during the preceding calendar week, which notice may be preliminary in nature and supplemented prior to the Defect Claim Date.

• Buyer shall also promptly furnish SM Energy with written notice of any Title Benefit that is discovered by Buyer or any Buyer’s Representative while conducting Buyer’s due diligence with respect to the Assets prior to the Defect Claim Date.

• SM Energy shall be deemed to have waived all Title Benefits of which it, or Buyer pursuant to Section 6.2(a), has not given notice on or before the Defect Claim Date.

More Definitions of Defect Claim Date

Defect Claim Date has the meaning set forth in Section 12.7(a).

Defect Claim Date shall have the meaning set forth in Section 10.1(a).

Defect Claim Date has the meaning set forth in Section 3.6. “Defects Escrow” has the meaning set forth in Section 3.15(b)(i). “Defects Escrow Agent” has the meaning set forth in Section 3.15(b)(i). “Defects Escrow Agreement” has the meaning set forth in Section 3.15(b)(i). “Defensible Title” means, as immediately prior to the Effective Time and subject to and except for the Permitted Encumbrances,

Defect Claim Date means on or before 10:00 a.m. (Central Time) on the date of this Agreement.

Defect Claim Date means on or before 5:00 p.m. (Central Prevailing Time) on the date that is twenty-one (21) days after the Execution Date.

Defect Claim Date means one hundred and eighty (180) days following the Closing Date, or as extended pursuant to Section 3.4(a).

Defect Claim Date means one hundred and eighty (180) days following the Closing Date, or as extended pursuant to Section 3.4(a). “Encumbrance” means any lien, charge or encumbrance.