Examples of using To the secured creditor in English and their translations into French
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Official
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Colloquial
agreement to be concluded in or evidenced by a writing permit an exception where the agreement between the parties is accompanied by a transfer of actual possession of the encumbered asset to the secured creditor.
Unless the initial sale to the secured creditor can be shown to have been commercially unreasonable or conducted in bad faith,
In situations in which the enforcement of the security right in the intellectual property results in a disposition to the secured creditor or retention of the intellectual property in satisfaction of the secured obligation,
this remedy should also be available to the secured creditor in the State where it has to enforce its security right,
be deleted as the grantor would send a demand to amend or cancel an unauthorized registration to the secured creditor, and not to the registrant.
resulting not only in loss to the secured creditor and other creditors
resulting not only in loss to the secured creditor and other creditors
that the object or contents of the establishment have been pledged to the secured creditor.
Theoretically, a security right in an attachment would also remain effective against third parties if the security right had been made effective prior to attachment by a transfer of possession to the secured creditor or to a third party agent of the creditor rather than by registration in the general security rights registry.
Often, the control agreement will provide that the grantor's access to the funds is blocked only upon the occurrence of a default by the grantor to the secured creditor and the secured creditor's delivery of an instruction to the depositary bank to block such access.
In addition, the person identified in the registered notice as the grantor needs to be able to rely on this information to submit a written request to the secured creditor for the cancellation or the amendment of a notice the registration of which was not authorized by the grantor see Secured Transactions Guide, rec. 72,
A further approach would be to offer to the secured creditor the option of creating its security right
delivery of possession of the asset to the secured creditor, is required to make the security right effective as against third parties claiming rights in the asset.
assets by the estate, protection may be provided to the secured creditor.
there is no need to extend this requirement to the secured creditor.
amendment or cancellation notice) to the secured creditor named in the notice,
This Guide recommends that the notice normally should be given prior to the secured creditor commencing enforcement(see A/CN.9/631,
for example, by giving to the secured creditor the keys to the warehouse in which the encumbered assets(merchandise
Delivery of the certificate to the secured creditor; or.