Примеры использования The encumbered assets на Английском языке и их переводы на Русский язык
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Official
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Colloquial
In other cases, the encumbered assets may already be in the custody of a third party at the time the security right is created.
All interested parties benefit from maximizing the amount achieved from the sale of the encumbered assets.
remains secured by the encumbered assets.
These arrangements have consequences for third parties that may also have rights in the encumbered assets, or a right to proceeds of their disposition.
For example, the grantor sells the encumbered assets to a third party that,
Following default, the secured creditor will be interested in obtaining the highest price possible for the encumbered assets.
will purge all security rights in the encumbered assets.
Until one of these events occurs, the secured obligation may be repaid in full and the encumbered assets released.
a creditor's only recourse upon default is to seize the encumbered assets and sell them.
For example, States typically do not permit parties to contract out of their duty to take reasonable care of the encumbered assets.
In examples 2 and 3, the encumbered assets are the rights of a licensor and, in example 4, the encumbered assets are the rights of a licensee.
Similarly, in many of these States, the secured creditor may not take the encumbered assets as a remedy after default has occurred.
will extinguish all security rights in the encumbered assets.
which precludes the grantor from using the encumbered assets in its business.
Similarly, where the applicable law is the law of the State where the encumbered assets are located, the assets may be moved to another State.
Other approaches focus on the use of the proceeds of the sale of the encumbered assets see below, paras. 92 and 93.
Creditor possession requires real relinquishment by the grantor of physical control over the encumbered assets.
However, the security right cannot be made effective against rights acquired by third parties in the encumbered assets unless and until the requirements for third-party effectiveness are satisfied.