Examples of Document of title in a sentence
If the Collateral comprises any Investment Property, Chattel Paper, Instrument, Money or Document of Title, the Debtor will, forthwith upon request, deliver the same to ATB and will allow ATB to retain possession of the same.
The Customer will not create any encumbrances over such Document of Title over the Goods and/or the Goods.
The following definitions apply unless the context requires otherwise: Accessions, Account Receivable, Aircraft, Chattel Paper, Document of Title, Financing Change Statement, Financing Statement, Intangible, Inventory, Investment Security, Land, Motor Vehicle, Negotiable Instrument, Organisation, Proceeds, Register, Security Agreement, Security Interest, Serial-Numbered Goods and Verification Statement have the respective meanings given to those terms in the Act.
So long as any monies shall be owing by the Borrower to the Bank and during the continuance of this Agreement, the Bank shall have the custody and possession of, the original Issue Document of Title to the said Property, registered duplicate Charge, and of all other whatsoever documents evidencing any title to or right in the said Property or any benefits or rights annexed appurtenant or relating thereto or in any way connected therewith.
The Vendor shall also deposit the Issue Document of Title to the Property with the Vendor’s solicitors as stakeholder.