Examples of using The assignor in English and their translations into Chinese
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Programming
It was generally felt that the suggested wording might be misinterpreted as allowing the debtor to discharge its payment obligation by paying the assignor during the" reasonable period" referred to in paragraph(4).
(c) by meeting the requirements for obtaining priority under the law of the State of the new location of the assignor before priority ceases under subparagraph(a) or(b) of this article; or.
(1) This Convention applies to assignments of international receivables and to international assignments of receivables as defined in this chapter, if, at the time of the assignment, the assignor is located in a Contracting State.
As a result, it was noted, in the case of an assignment of future receivables, the assignor and the assignee would not know at the time of assignment whether the draft Convention would apply.
It stated explicitly what had been implicit in articles 2 and 9: as between the assignor and the assignee, the assignee had a proprietary right in the assigned receivable and any proceeds.
(7)‘Insolvency administrator' means a person or body, including one appointed on an interim basis, authorized to administer the reorganization or liquidation of the assignor' s assets.
(e)"Insolvency administrator" means a person or body, including one appointed on an interim basis, authorized in an insolvency proceeding to administer the reorganization or liquidation of the assignor's assets or affairs;
Such a new provision would provide certainty as to the law applicable to form in cases where article 8 does not apply because the assignor is not located in a Contracting State.
In providing that meeting the form requirements of the assignor' s location is sufficient, article 8 provides guidance to assignees as to how to ensure that an assignment will be formally valid.
(g)‘Insolvency administrator' means a person or body, including one appointed on an interim basis, authorized to administer the reorganization or liquidation of the assignor's assets;
(2) Notification of the assignment or request for payment made by the assignor or the assignee is not ineffective for the sole reason that it is in breach of an agreement referred to in paragraph(1) of this article.
One concern was that there was a need to protect the assignor's creditors from the appearance of wealth that the holding of the account by the assignor would inevitably create.
(g)“Insolvency administrator” means a person or body, including one appointed on an interim basis, authorized to administer the reorganization or liquidation of the assignor' s assets;
(a) This Convention does not apply to such types of assignment or to the assignment of such categories of receivables if the assignor is located at the time of conclusion of the contract of assignment in such a State; and.
(a) This Convention does not apply to such types of assignment or to the assignment of such categories of receivables if the assignor is located at the time of the conclusion of the contract of assignment in such a State; and.
If the fact that the debtor cannot accumulate rights of set-off constitutes an unacceptable hardship for the debtor, the debtor can avoid entering into new dealings with the assignor.
Such representations may stem from the financing contract, the contract of assignment(if it is a separate contract) or any other contract between the assignor and the assignee.
Article 26 covers the specific situations in which payment is made to the assignee or to the assignor but the assignor holds the proceeds in a separate account on behalf of the assignee.
It was also noted that paragraphs(1) and(3) referred to a signed writing, without clarifying whether the signature of the debtor only or both the debtor and the assignor was required.
If the assignor is able to obtain credit on the basis of its receivables, it is likely to extend credit to the debtor of the receivable; effectiveness of the assignment is also in the interest of an assignee that provides credit to the assignor.