Title Defect Claim Date definition

Title Defect Claim Date has the meaning set forth in Section 3.04(a).
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Title Defect Claim Date means (a) with respect to any Title Defects or Title Benefits relating to any Assets (which, for the avoidance of doubt, shall include all Conveyed Interests listed on Exhibit A-1), but excluding Conveyed Interests listed on Part 2 of Exhibit A-1, on or before 5:00 p.m. (Central Time) on the Pre-Closing Title Defect Claim Date, and (b) with respect to any Title Defects or Title Benefits relating to the Conveyed Interests listed on Part 2 of Exhibit A-1, on or before 5:00 p.m. (Central Time) on the Post-Closing Title Defect Claim Date.
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Title Defect Claim Date shall have the meaning set forth in Section 11.2(a).
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Examples of Title Defect Claim Date in a sentence

  • In addition to any Title Benefits reported by Buyer pursuant to Section 11.2(a), Seller shall have the right, but not the obligation, to deliver to Buyer on or before the Title Defect Claim Date with respect to each Title Benefit a notice setting forth any additional matters that in Seller’s reasonable opinion constitute Title Benefits and which Seller intends to assert as Title Benefits pursuant to this Article XI (each, a “Title Benefit Notice”).

  • Other than Title Benefits which BG is required to report to EXCO pursuant to Section 11.2(a), EXCO shall be deemed to have waived all Title Benefits of which it has not given notice on or before the Title Defect Claim Date.

  • On or before the Title Defect Claim Date, BG may deliver claim notices to EXCO meeting the requirements of this Section 11.2(a) (collectively the “Title Defect Notices” and individually a “Title Defect Notice”) setting forth any matters which, in BG’s reasonable opinion, constitute Title Defects and which BG intends to assert as a Title Defect pursuant to this Article XI.

  • Except for Title Benefits which Buyer is required to report to Seller pursuant to Section 11.2(a), Seller shall be deemed to have waived, and none of Buyer or any of the Buyer Indemnified Parties shall have any liability for, any Title Benefit for which Buyer has not received notice on or before the Title Defect Claim Date.

  • BG shall also on or before the Title Defect Claim Date furnish EXCO with written notice of any Title Benefit which is reported by any of BG’s or any of its Affiliate’s employees, title attorneys, landmen or other title examiners to the BG employee directly responsible for undertaking and supervising BG’s title diligence activities hereunder while conducting BG’s due diligence with respect to the Assets prior to the Title Defect Claim Date.

  • In addition to any Title Benefits reported by BG pursuant to Section 11.2(a), EXCO shall have the right, but not the obligation, to deliver to BG on or before the Title Defect Claim Date a notice setting forth any additional matters which, in EXCO’s reasonable opinion, constitute Title Benefits and which EXCO intends to assert as Title Benefits pursuant to this Article XI (each, a “Title Benefit Notice”).

  • In addition to any Title Benefits reported by Buyer pursuant to Section 11.2(a), Seller shall have the right, but not the obligation, to deliver to Buyer on or before an applicable Title Defect Claim Date a notice setting forth any additional matters which, in Seller’s reasonable opinion, constitute Title Benefits and which Seller intends to assert as Title Benefits pursuant to this Article XI (each, a “Title Benefit Notice”).

  • For all purposes of this Agreement and notwithstanding anything herein to the contrary (except as provided in Section 11.1), Buyer shall be deemed to have waived, and none of Seller or any of the Seller Indemnified Parties shall have any liability for, any Title Defect that Buyer fails to assert as a Title Defect by a Title Defect Notice received by Seller on or before the Title Defect Claim Date.

  • Except, in the case of Title Benefits arising during Seller’s period of ownership, for purposes of defending against or paying any claim that Seller has breached its special warranty of title under the Assignment and other than Title Benefits which Buyer is required to report to Seller pursuant to Section 11.2(a), Seller shall be deemed to have waived all Title Benefits of which it has not given notice on or before the applicable Title Defect Claim Date.

  • Buyer shall also on or before the applicable Title Defect Claim Date furnish Seller with written notice of any Title Benefit which is reported by any of Buyer’s or any of its Affiliate’s employees, title attorneys, landmen or other title examiners while conducting Buyer’s due diligence with respect to the Assets prior to the applicable Title Defect Claim Date.


More Definitions of Title Defect Claim Date

Title Defect Claim Date means on or before 5:00 p.m. (Central Time) on the day that is 180 days after the Closing Date.
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Title Defect Claim Date means 5:00 p.m. (Central time) on the date that is sixty (60) calendar days after the Execution Date (inclusive). “Title Defect Notices” and “Title Defect Notice” have the meaning set forth in Section 8.2(a).
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Title Defect Claim Date shall have the meaning set forth in Section 11.2(a). “Title Defect Notice(s)” shall have the meaning set forth in Section 11.2(a). “Title Defect Property” shall have the meaning set forth in Section 11.2(a). “Title Dispute” shall have the meaning set forth in Section 11.2(j).
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Title Defect Claim Date has the meaning set forth in Section 3.2(a) of this Agreement.
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Title Defect Claim Date means on or before 5:00 p.m. (Central Time) on December 1, 2010. Except as modified by this letter, the MITA remains in full force and effect. Capitalized terms used in this letter but not otherwise defined in this letter shall have the meaning given to such terms in the MITA. The terms of Sections 15.15 and 15.16 of the MITA are incorporated by reference as if set out in full herein. This letter may be executed in any number of counterparts, and each such counterpart hereof shall be deemed to be an original instrument, but all of such counterparts shall constitute for all purposes one agreement. Any signature hereto delivered by a Party by facsimile or electronic transmission shall be deemed an original signature hereto. [Signature Page Follows] ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Tel +▇(▇▇▇) ▇▇▇ ▇▇▇▇ Fax +▇ (▇▇▇) ▇▇▇ ▇▇▇▇ If this letter correctly sets forth our understanding, please execute and return one copy to the undersigned at the address provided in the MITA. This letter was executed as of the date first set forth above but shall be effective as of May 9, 2010. Very truly yours, By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: VICE PRESIDENT Agreed and accepted on November 24, 2010, effective as of May 9, 2010. By: /s/ ▇▇▇▇▇▇▇ ▇. Boeing Name: ▇▇▇▇▇▇▇ ▇. Boeing Title: Vice President cc: EXCO Resources, Inc. ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇. Boeing, Vice President, General Counsel and Secretary Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇▇ L.L.P. 2500 First City Tower ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Houston, Texas 77002-6760
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Title Defect Claim Date means (a) with respect to any Title Defects or Title Benefits relating to any Assets, excluding those Conveyed Interest listed: (i) on Exhibit A-1, Part 1 in DeSoto Parish, Louisiana (excluding each section identified in the chart on Annex 1, but only as to the lands in such section that are subject to the Lease identified immediately to the right of such section on such chart); or (ii) on Exhibit A-1, Part 2, on or before 5:00 p.m. (Central Time) on the Pre-Closing Title Defect Claim Date, and (b) with respect to any Title Defects or Title Benefits relating to the Conveyed Interest listed: (i) on Exhibit A-1, Part 1 in DeSoto Parish, Louisiana (excluding each section identified in the chart on Annex 1, but only as to the lands in such section that are subject to the Lease identified immediately to the right of such section on such chart); or (ii) on Exhibit A-1, Part 2, on or before 5:00 p.m. (Central Time) on the Post-Closing Title Defect Claim Date.
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Related to Title Defect Claim Date

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Title Defect Amount means, with respect to a Title Defect Property, the amount by which such Title Defect Property is impaired as a result of the existence of one or more Title Defects, which amount shall be determined as follows:

  • Title Defect means any lien, charge, Encumbrance, defect, or other matter that, as of the Execution Date, causes Seller or any Selling Subsidiary not to have Defensible Title in and to the Conveyed Interests; provided that the following shall not be considered Title Defects:

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).