Examples of using Grantor in English and their translations into Arabic
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Colloquial
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Political
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Ecclesiastic
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Ecclesiastic
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Computer
An example of such a rule is that which provides that the grantor of a security right remains the holder of the substantive right(be it ownership,
The difference was that in the case of possession a third party was able to ascertain that the grantor no longer had possession of the encumbered asset, whereas in the case of control a third party would be unable to tell that control had passed from the grantor.
(a) In paragraph 31, it should be clarified that the address of the grantor and additional information about the grantor such as the birth date or identity card number were examples of grantor information that did not constitute a search criterion;
Mr. Bazinas(Secretariat) suggested that the proposal by the representative of India might be reflected in recommendation 62 by stating that the grantor or the transferee should inform the secured creditor of the transfer of an encumbered asset.
A third key objective of an efficient private international law system is that the relevant rules reflect the reasonable expectations of interested parties(i.e. creditor, grantor, debtor and third parties).
In both of these situations, the likelihood that another creditor will extend credit to a grantor is significantly increased in a State where there are clear priority rules that enable creditors to assess their priority with a high degree of certainty.
It was stated that, as grantor authorization was always a requirement for the effectiveness of registration, the problem of the unlimited duration would be addressed as the grantor would not permit a notice to remain on record for an unlimited period of time.
create a security right, identify the secured creditor and the grantor, and describe the secured obligation and the encumbered assets.
(b) The rights of a lessee or licensee of an encumbered asset are not affected by a security right if the secured creditor authorizes the grantor to lease or license the asset unaffected by the security right.
in the case of more than one grantor or secured creditor, the required information ought to be provided in the notice separately for each grantor or secured creditor.
In the case of non-possessory security rights, the grantor, which is usually the debtor but can also be a third party, retains possession of the encumbered asset(for the definitions of" debtor"," encumbered asset"," grantor" and" secured creditor", see para. 19 above).
The law should provide for expeditious judicial proceedings with respect to the exercise of post-default rights of the secured creditor, the grantor and any other person that owes performance of the secured obligation
(b) If there is more than one grantor or secured creditor, the required information must be entered in the designated field separately for each grantor or secured creditor, either in the same notice or in separate notices.
As mandatory rules, they will necessarily override any terms of the security agreement that specify conflicting creditor rights and remedies, unless they are waived by the grantor after default(see recommendation 129) or by the secured creditor at any time(see recommendation 130).
A third key objective of an efficient conflict-of-laws system is that the relevant rules should reflect the reasonable expectations of interested parties(i.e. creditor, grantor, debtor and third parties).
right to secure either its own obligation or that of another person. Under the unitary approach to acquisition financing, the term" grantor" of an acquisition security right includes a retention-of-title buyer or financial lessee.
In both these cases, the licensor will typically provide in the licence agreement that the licence may be revoked by the licensor if the licensee as grantor or the secured creditor acts in a manner that is contrary to the limitations contained in the licence agreement.
As the general conflict-of-laws rules for security rights in tangible and intangible assets point to the location of the encumbered assets and the location of the grantor, respectively, it is essential that the appropriate location be easily identified.
(a) Paragraph 10 should clarify that, where the grantor of a security right in intellectual property was located in a State other than the State in which the intellectual property was protected, the security right might not be effective under the law of the protecting State;
Notify the forwarding officer, credit grantor, client, or owner of the legal title to the debt that collection activity on the account was terminated due to the inability to provide verification of the debt; and.