Documents of Title definition
Examples of Documents of Title in a sentence
No Negotiable Documents of Title are outstanding with respect to any of the Inventory.
In the event of any conflicts between the provisions of this Agreement and the Documents of Title, the provisions of the Documents of Title shall prevail.
The following terms which are defined in the PPSA are used herein as so defined in respect of the Collateral to which the PPSA applies: Accounts, Chattel Paper, Documents of Title, Equipment, Fixtures, Intangibles, Goods, Instruments, Inventory, Investment Property and Money except that the term Goods shall not include “consumer goods” as defined in the PPSA.
The Security Agent shall be entitled to hold and retain all such deeds, certificates and other documents of title delivered pursuant to this Clause 5.4 (Real Property: Delivery of Documents of Title) during the subsistence of this Debenture.
From time to time, merchandise purchased by Client under Letters of Credit may arrive at a designated location before receipt and availability of the Documents of Title that would permit Client to obtain possession of the merchandise.