Title Administrator Sample Clauses

Title Administrator. Each Party shall act as Title Administrator for the Title Documents that it contributes to this Agreement. Notwithstanding the preceding sentence, if a particular Title Document is contributed to this Agreement by more than one Party, the Party acting as the Title Administrator under the applicable prior agreement shall be the Title Administrator for this purpose. The Title Administrator with respect to a particular Title Document shall inform the other Parties in a timely manner of any notice of default served upon that Party under the terms of the Regulations or any of the Title Documents held by it.
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Title Administrator. Notwithstanding the appointment of Operator under the preceding Clause, each Party shall have the same rights and obligations as the Operator under the Operating Procedure with respect to the maintenance and administration of the Title Documents with respect to each Title Document that includes rights in addition to the Pooled Lands and for which that Party is the designated representative of the lessee or licensee under the applicable Title Document. The Operator shall become the Title Administrator in due course with respect to any such Title Document that ceases to include rights in addition to the Pooled Lands.

Related to Title Administrator

  • ADMINISTRATOR 11 9. Provide written notice of termination of services to each client being served under this 12 Agreement, within fifteen (15) calendar days of receipt of termination notice. A copy of the notice of 13 termination of services must also be provided to ADMINISTRATOR within the fifteen (15) calendar 14 day period.

  • The Owner Trustee It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by Wilmington Trust, National Association on behalf of the Trust not individually or personally but solely as owner trustee of the Trust under the Trust Agreement of the Trust dated the date hereof in the exercise of the powers and authority conferred upon and vested in Wilmington Trust, National Association as owner trustee of the Trust under such Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of the Trust is made and intended not as the personal representation, undertaking or agreement of Wilmington Trust, National Association, but is made and intended for the purpose of binding only the Trust and (iii) nothing herein contained shall be construed as creating any liability on the part of Wilmington Trust, National Association, individually or personally, to perform any covenant or obligation of the Trust, either expressed or implied, contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto.

  • Contract Administrator 22.1. ADMINISTRATOR will provide consultation and technical assistance in monitoring the terms of this Agreement

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