Examples of Title Documents in a sentence
Except as otherwise provided in the preceding sentence, Clause 5.2 of this Head Agreement and the Operating Procedure, each Party shall pay all rentals, taxes, royalties, Encumbrances and other payments or burdens on the Title Documents that it contributes to this Agreement in accordance with its Pre-Pooled Interest.
Each Party shall defend, indemnify and hold each other Party harmless from and against all claims, demands and causes of action for those rentals, taxes, royalties, Encumbrances and other payments or burdens with respect to its Pre-Pooled Interest in the applicable Title Documents.
Upon termination of this Agreement with respect to the Pooled Lands in accordance with Clause 9.1 or Clause 9.2 of this Head Agreement or Clause 1.14 of the Operating Procedure, and, insofar as the Title Documents remain in effect for the Pooled Lands at that time, the applicable Parties shall thereupon hold the applicable former Pooled Lands in the proportions of their respective Pre-Pooled Interests under any relevant agreement that consequently applies between them for those rights.
Each Party hereby pools its respective Pre-Pooled Interest in and to the Title Documents, the Pooled Lands and the Pooled Substances only to the extent necessary for the production of Pooled Substances from the Pooled Lands, so that, as of the Effective Date, all Operations on the Pooled Lands may be conducted without regard to the boundary lines of the separate Title Documents comprising the Pooled Lands.
The Title Administrator with respect to a particular Title Document shall inform the other Parties in a timely manner of any notice of default served upon that Party under the terms of the Regulations or any of the Title Documents held by it.