Examples of Title Document in a sentence
Beneficiary shall provide the lessor(s) with the information required to be delivered to the lessor(s) under the Title Document with respect to any such payment.
Trustee shall provide to Beneficiary in a timely manner, copies of all correspondence received by Trustee that pertain to the Title Document, including, without limitation, any notices to fulfill offset obligations, any notices related to retention of the Title Document, in whole or in part, and any notices of default which may impact the Trust Interest.
OR (if the applicable agreement addresses handling of rentals) OPTION 2: Subject to the application of the last sentence of Clause 6.3, Beneficiary acknowledges that Trustee is the payor of the rentals under the Title Document and that Trustee shall invoice Beneficiary for its share of rentals as more specifically described in the agreement that created the Trust Interest.
If Trustee is required to provide information to the lessor regarding the payment of a royalty, Beneficiary shall also provide that information to Trustee to the extent reasonably required by Trustee to fulfill its obligations hereunder, and under the Title Document.
Beneficiary agrees to pay its share of all rentals payable under the Title Document upon receipt of an invoice from Trustee.