Schedule of Title Documents Sample Clauses

The 'Schedule of Title Documents' clause defines the list of legal documents that establish ownership and rights over a property or asset involved in a transaction. Typically, this clause will reference an attached schedule or annexure that itemizes deeds, certificates, and other relevant title papers that must be provided or transferred. Its core function is to ensure both parties have a clear, agreed-upon record of all documents evidencing title, thereby reducing the risk of disputes over ownership or missing documentation.
Schedule of Title Documents. The Servicer shall deliver to the Indenture Trustee, the Issuer and the Insurer (i) within 60 days of the Closing Date with respect to the Funded Contracts and within 60 days of the Prefunding Closing Date with respect to the Prefunded Contracts, a schedule of Title Documents for Financed Vehicles which, as of the Closing Date or the Prefunding Closing Date, as applicable, did not show Onyx as first lienholder and (ii) within 180 days of the Closing Date with respect to the Funded Contracts and within 180 days of the Prefunding Closing Date with respect to the Prefunded Contracts, a schedule of Title Documents for Financed Vehicles which, as of the date prior to such delivery, do not show Onyx as first lienholder and as to which the Seller is obligated to repurchase pursuant to the provisions hereof.
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Schedule of Title Documents. The Servicer shall deliver to the Indenture Trustee, the Issuer and the Insurer (i) within 60 days of the Closing Date, a schedule of Title Documents for Financed Vehicles which, as of the Closing Date, did not show Onyx or a subsidiary of Onyx as first lienholder and (ii) within 180 days of the Closing Date, as to the Contracts, a schedule of Title Documents for Financed Vehicles which, as of the date prior to such delivery, do not show Onyx or a subsidiary of Onyx as first lienholder and as to which the Seller is obligated to repurchase pursuant to the provisions hereof.
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Schedule of Title Documents. The Servicer shall deliver to the Trustee and the Insurer (i) within 60 days of the Closing Date, a schedule of Title Documents which as of the Closing Date did not show the Servicer as first lienholder and (ii) within 180 days of the Closing Date as to the Contracts, a schedule of Title Documents which as of the date prior to such delivery do not show the Servicer as first lienholder and as to which the Seller is obligated to repurchase pursuant to the provisions hereof.
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Schedule of Title Documents. The Servicer shall deliver to the Indenture Trustee, the Issuer and the Insurer (i) within 60 days of the Closing Date, a schedule of Title Documents for Financed Vehicles which, as of the Closing Date, did not show AutoNation Financial Services as first lienholder and (ii) within 180 days of the Closing Date, as to the Contracts, a schedule of Title Documents for Financed Vehicles which, as of the date prior to such delivery, do not show AutoNation Financial Services as first lienholder and as to which the Seller is obligated to repurchase pursuant to the provisions hereof.
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Related to Schedule of Title Documents

  • Title Documents Title Documents consist of the following: (1) copies of any plats, declarations, covenants, conditions and restrictions burdening the Property, and (2) copies of any other documents (or, if illegible, summaries of such documents) listed in the schedule of exceptions (Exceptions) in the Title Commitment furnished to Buyer (collectively, Title Documents).

  • Evidence of Title Evidence that title to a REO is held by the Trustee shall be submitted by the Servicer to the Master Servicer and, if applicable, to the Primary Mortgage Insurer and/or the Pool Insurer, within ten Business Days after marketable title to such REO has been acquired.

  • Notice of Title Defects (a) If Buyer discovers any Title Defect affecting any Asset, Buyer shall notify Seller as promptly as possible, but no later than the expiration of the Examination Period of such alleged Title Defect. To be effective, such notice must (i) be in writing, (ii) be received by Seller by 5:00 p.m. Central Standard Time on the expiration date of the Examination Period and (iii) describe the Title Defect in reasonable detail, to the extent then reasonably known by Buyer (including the estimated value of such Title Defect as determined by Buyer). Any matters that may otherwise constitute Title Defects, but of which Seller has not been notified by Buyer in accordance with the foregoing, shall be deemed to have been waived by Buyer for all purposes and shall constitute Permitted Encumbrances. (b) Upon the receipt of such effective notice from Buyer, Seller, at Seller’s option, shall (i) subject to Section 3.05(a), attempt to cure such Title Defect at any time prior to the Closing or (ii) exclude the affected Asset from the sale and reduce the Purchase Price by the Allocated Value of such affected Asset as set forth on Exhibit C. (c) The value attributable to each Title Defect (the “Title Defect Value”) that is asserted by Buyer in the Title Defect notices shall be determined based upon the criteria set forth below: (i) If the Title Defect is a lien upon any Asset, the Title Defect Value is the amount reasonably expected to be necessary to be paid to remove the lien from the affected Asset. (ii) If the Title Defect asserted is that the Net Revenue Interest attributable to any Well or unit or Well location is less than that stated in Exhibit C or the Working Interest attributable to any Well or unit or Well location is greater than that stated in Exhibit C, then the Title Defect Value shall take into account the relative change in the interest from Exhibit C and the appropriate Allocated Value attributed to such Asset. (iii) If the Title Defect represents an obligation, encumbrance, burden or charge upon the affected Asset (including any increase in Working Interest for which there is not a proportionate increase in Net Revenue Interest) for which the economic detriment to Buyer is unliquidated, the amount of the Title Defect Value shall be determined by taking into account the Allocated Value of the affected Asset, the portion of the Asset affected by the Title Defect, the legal effect of the Title Defect, the potential discounted economic effect of the Title Defect over the life of the affected Asset. (iv) If a Title Defect is not in effect or does not adversely affect an Asset throughout the entire productive life of such Asset, such fact shall be taken into account in determining the Title Defect Value. (v) The Title Defect Value shall be determined without duplication of any costs or losses included in another Title Defect Value hereunder. (vi) Notwithstanding anything herein to the contrary, in no event shall a Title Defect Value exceed the Allocated Value of the W▇▇▇▇, units or other Assets affected thereby. (vii) Such other factors as are reasonably necessary to make a proper evaluation.

  • Certificate of Title The Receivable File related to such Receivable contains the original Certificate of Title (or a photocopy or image thereof) or evidence that an application for a Certificate of Title has been filed.

  • Out of Title Work Employees who are temporarily required to perform duties of a higher pay grade or classification shall be compensated at a rate relative to his or her current status and in line with the higher grade classification. Requests for temporary classifications must be submitted to the Human Resources office for approval. Assignments must be for a minimum of ten (10) days with pay retroactive to the first day upon reaching the tenth (10th) day in the temporary assignment.