Defect Notice Date definition

Defect Notice Date has the meaning specified in Section 2.1.
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Defect Notice Date means October 25, 2012.
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Defect Notice Date means 5:00 p.m., Mountain Time, on May 14, 2021.
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Examples of Defect Notice 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 Notice Date.

  • Buyer must deliver Environmental Defect Notices as soon as reasonably practical, but no later than on the Defect Notice Date.

  • The failure of Buyer to timely notify Sellers of a Title Defect on the Defect Notice Date shall be deemed a waiver by Buyer of such Title Defect.

  • If Seller contests the existence or the scope of an Environmental Defect or the asserted Remediation Costs, Seller shall notify Buyer in writing no later than five Business Days after the Defect Notice Date (“Rejection Notice”).

  • Buyer shall give Seller a written notice describing any Title Defects (the “Title Defect Notice”) as soon as reasonably possible but in no event later than the Defect Notice Date.


More Definitions of Defect Notice Date

Defect Notice Date means December 28, 2005 or 10 days before the Closing Date, whichever is later.
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Defect Notice Date means the date that is five (5) Business Days prior to the Closing Date.
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Defect Notice Date means 5:00 p.m., Central Time, on October 30, 2021.
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Defect Notice Date means 5:00 p.m. United States Central Standard Time on the earlier of (i) December 17, 2018 and (ii) the day that Buyer notifies HFS in writing that it has completed its environmental due diligence of the Water Business.
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Defect Notice Date means (i) 5:00 p.m. Central Time on the one hundred twentieth (120th) day following the Closing Date in the case of Title Defects and (ii) 5:00 p.m. Central Time on the fifth (5th) Business Day prior to the Closing Date in the case of Environmental Defects. Any matters that may otherwise constitute Title Defects or Environmental Defects, but of which the Seller has not been notified by the Buyer in writing by the respective Defect Notice Date, shall be deemed to have been waived by the Buyer for all purposes; provided, however, that no failure to provide any such notice by the respective Defect Notice Date shall be deemed a waiver of any right or remedy under the Assignment with respect to any breach of the special warranty of title to be given by the Seller in the Assignment. All adjustments to the Purchase Price based on Title Defects will be based on the Allocated Values attributable to the affected Properties. Upon timely delivery of a Defect Notice under this Section 2.1, the Buyer and the Seller will in good faith negotiate the validity of the claim and the amount of any adjustment to the Purchase Price using the following criteria:
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Defect Notice Date means December 6, 2004.
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Defect Notice Date is defined in Section 2.8(b) of this Agreement.
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