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.
Appears in 6 contracts
Samples: Pooling Agreement, Pooling Agreement, Pooling Agreement
Title Administrator. Each Party shall will 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 will be the Title Administrator for this purpose. The Title Administrator with respect to a particular Title Document shall will 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.
Appears in 3 contracts
Samples: Pooling Agreement, Pooling Agreement, Pooling Agreement
