Common use of Contested Environmental Defects Clause in Contracts

Contested Environmental Defects. If, pursuant to Section 5.6(a)(3), Seller elects to proceed under this Section 5.7 with respect to an Environmental Defect, the following matters shall be determined pursuant to this Section 5.7: (a) the existence and scope of an Environmental Defect, and (b)

Appears in 2 contracts

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

Contested Environmental Defects. If, pursuant to Section 5.6(a)(3)5.5, Seller elects to proceed under this Section 5.7 with respect to an Environmental Defect, the following matters shall be determined pursuant to this Section 5.7Section: (a) the existence and scope of an Environmental Defect, and (b)

Appears in 1 contract

Sources: Purchase and Sale Agreement (Delta Petroleum Corp/Co)