Common use of TITLE DEEDS AND CUSTOMER FILES Clause in Contracts

TITLE DEEDS AND CUSTOMER FILES. 17.1 The Servicer shall keep the Title Deeds, Customer Files and (where applicable) Insurance Policies and the receipt of notes of assignment relating to the Portfolio in safe custody and shall not without the prior written consent of the Mortgages Trustee and the Beneficiaries part with possession, custody or control of them otherwise than to a sub-contractor or delegate appointed pursuant to CLAUSE 3.2 or to a solicitor, licensed conveyancer, qualified conveyancer or authorised practitioner, subject to the usual undertaking to hold them to the order of the Servicer (who in turn will hold them to the order of the Mortgages Trustee (as trustee for the Beneficiaries) or in the case of Scottish Loans, to the order of the Seller, in its capacity as trustee for the Mortgages Trustee (as trustee for the Beneficiaries) or to the Land Registry or Registers of Scotland or, upon redemption of the relevant Loan, to the order of the Borrower).

Appears in 4 contracts

Samples: Servicing Agreement (Permanent Funding (No. 2) LTD), Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Financing (No. 8) PLC)

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TITLE DEEDS AND CUSTOMER FILES. 17.1 The Servicer shall keep the Title Deeds, Customer Files and (where applicable) Insurance Policies and the receipt of notes of assignment relating to the Portfolio in safe custody and shall not without the prior written consent of the Mortgages Trustee and the Beneficiaries part with possession, custody or control of them otherwise than to a sub-contractor or delegate appointed pursuant to CLAUSE 3.2 or to a solicitor, licensed conveyancer, qualified conveyancer or authorised practitioner, subject to the usual undertaking to hold them to the order of the Servicer (who in turn will hold them to the order of the Mortgages Trustee (as trustee for the Beneficiaries) or in the case of Scottish Loans, to the order of the Seller, in its capacity as trustee for the Mortgages Trustee (as trustee for the Beneficiaries) or to the Land Registry or Registers of Scotland or, upon redemption of the relevant Loan, to the order of the Borrower).

Appears in 4 contracts

Samples: Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Financing (No. 5) PLC), Servicing Agreement (Permanent Financing (No. 6) PLC)

TITLE DEEDS AND CUSTOMER FILES. 17.1 The Servicer shall keep the Title Deeds, Customer Files and (where applicable) Insurance Policies and the receipt of notes of assignment relating to the Portfolio in safe custody and shall not without the prior written consent of the Mortgages Trustee and the Beneficiaries part with possession, custody or control of them otherwise than to a sub-contractor or delegate appointed pursuant to CLAUSE Clause 3.2 or to a solicitor, licensed conveyancer, qualified conveyancer or authorised practitioner, subject to the usual undertaking to hold them to the order of the Servicer (who in turn will hold them to the order of the Mortgages Trustee (as trustee for the Beneficiaries) or in the case of Scottish Loans, to the order of the Seller, in its capacity as trustee for the Mortgages Trustee (as trustee for the Beneficiaries) or to the H.M. Land Registry or Registers of Scotland or, upon redemption of the relevant Loan, to the order of the Borrower).

Appears in 3 contracts

Samples: Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Mortgages Trustee LTD)

TITLE DEEDS AND CUSTOMER FILES. 17.1 The Servicer shall keep the Title Deeds, Customer Files and (where applicable) Insurance Policies and the receipt of notes of assignment relating to the Portfolio in safe custody and shall not without the prior written consent of the Mortgages Trustee and the Beneficiaries part with possession, custody or control of them otherwise than to a sub-contractor or delegate appointed pursuant to CLAUSE Clause 3.2 or to a solicitor, licensed conveyancer, qualified conveyancer or authorised practitioner, subject to the usual undertaking to hold them to the order of the Servicer (who in turn will hold them to the order of the Mortgages Trustee (as trustee for the Beneficiaries) or in the case of Scottish Loans, to the order of the Seller, in its capacity as trustee for the Mortgages Trustee (as trustee for the Beneficiaries) or to the Land Registry or Registers of Scotland or, upon redemption of the relevant Loan, to the order of the Borrower).

Appears in 3 contracts

Samples: Servicing Agreement, Servicing Agreement (Permanent Funding (No. 2) LTD), Servicing Agreement (Permanent Funding (No. 2) LTD)

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TITLE DEEDS AND CUSTOMER FILES. 17.1 The Servicer shall keep the Title Deeds, Customer Files and (where applicable) Insurance Policies and the receipt of notes of assignment relating to the Portfolio in safe custody and shall not without the prior written consent of the Mortgages Trustee and the Beneficiaries part with possession, custody or control of them otherwise than to a sub-contractor or delegate appointed pursuant to CLAUSE 3.2 or to a solicitor, licensed conveyancer, qualified conveyancer or authorised practitioner, subject to the usual undertaking to hold them to the order of the Servicer (who in turn will hold them to the order of the Mortgages Trustee (as trustee for the Beneficiaries) or in the case of Scottish Loans, to the order of the Seller, in its capacity as trustee for the Mortgages Trustee (as trustee for the Beneficiaries) or to the H.M. Land Registry or Registers of Scotland or, upon redemption of the relevant Loan, to the order of the Borrower).

Appears in 1 contract

Samples: Servicing Agreement (Permanent Financing (No. 5) PLC)

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