Remedies for Title Defects. Seller shall have the option, but not the obligation, to attempt to cure any Title Defect prior to five (5) days after the end of the Title Examination Period (the “Title Defect Cure Deadline”). In the event that any Title Defect is not cured to Buyer’s reasonable satisfaction on or before the Title Defect Cure Deadline, the Final Title Defect Amount (as defined below) shall be included in the calculation described below in Section 4.06 regarding the Defect Deductible.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (EV Energy Partners, LP)