Examples of using To the 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
Any balance remaining would be remitted to the grantor.
Searching by reference to the grantor or to the secured creditor.
By contrast, many States provide for such a right but limit its exercise to the grantor.
(c) It should be clarified that notification to the grantor was a separate issue from the amendment of the registration; and.
In some States, the law of immovable property requires that anotice of the security right be given to the grantor of the mortgage on the land.
(e) Propose to the grantor that the secured creditor accept an encumbered asset in total or partial satisfaction of the secured obligation; and.
As mentioned above(see paragraph 59), the obligations of such persons to the secured creditor are generally governed by the same law that was applicable to their relationship to the grantor.
However, that result would be unfair to the grantor, because the sudden loss of credit could well force the grantor into an insolvency proceeding.
(b) A notice relating to the acquisition security right is registered not later than[specify a short time period, such as 20 or 30 days]after the delivery of the tangible property to the grantor.
(c) To propose to the grantor that the secured creditor accept an encumbered asset in total or partial satisfaction of the secured obligation;
With respect to subparagraph(c),it was agreed that the registrant should send a copy of the notice to the grantor a short time after the registrant received such a copy from the registry.
(c) Propose to the grantor that the secured creditor accept an encumbered asset in total or partial satisfaction of the secured obligation, as provided in recommendations 148-150;
(ii) If the grantor does not have a current visa,the name stated in a current passport issued to the grantor by the Government of the State where the grantor habitually resides;
Rather, enforcement would normally occur when the secured creditor indicates to the guarantor/issuer, confirmer or other nominated person that it is entitled to bepaid whatever proceeds are otherwise due to the grantor.
By contrast, in many States,the secured creditor is entitled to propose to the grantor that it acquire the encumbered assets in full or partial satisfaction of the secured obligation.
(ii) If the grantor does not have a passport, the name stated in a current social insurance orother national identity card issued to the grantor by the Government of the enacting State;
By contrast, in many States,the secured creditor is entitled to propose to the grantor that it accept the encumbered assets in full or partial satisfaction of the secured obligation.
In these cases, it is necessary for the holder to be informed that the grantor has pledged the property, and that until receipt of a notice from the securedcreditor it may not release the property to the grantor.
(iii) If the grantor does not have a current passport or national identity card,the name stated in a passport issued to the grantor by the Government of the State where the grantor habitually resides;
However, such requirements may result in limiting the amount of credit available from the initial creditor or may lead creditors to indicate an amount well inexcess of the actual amount that they agree to advance to the grantor.
Under the enforcement regime recommended in the Guide,the secured creditor has the right to propose to the grantor that it acquire the grantor ' s rights in total or partial satisfaction of the secured obligation.
(e) In a case not falling within the preceding rules, the name of the grantor is the name stated in a current motor vehicle operator ' s licence or vehicle registration certificate orother official document issued to the grantor by the enacting State.
A properly designed system can provide protection to the grantor and other persons with an interest in maximizing the amount that will be achieved from the sale of the encumbered assets while at the same time providing an efficient system for realizing the encumbered assets.
Finally, a few States attempt to control credit by imposing limits on the amount for which an asset may be encumbered,calculated as a percentage of the credit advanced to the grantor(e.g. 125 per cent of the obligation owed).
Most commonly, the procedural safeguards by which States control the actions of secured creditors relate to the details of the notice that must be given to the grantor and third parties with a right in the encumbered assets.
For example, in these States the secured creditor is not required to give prior notice of its intention to take possession, but is entitled to immediate possession of the encumbered assets at the sametime that it gives formal notice of default to the grantor.
Such an approach would reflect the expectations of parties in the initial location of the assets,but would be contrary to the expectations of parties that provided credit to the grantor following the requirements of the law of the ultimate destination of the assets.
Where the additional assets acquired by the grantor are inventory, the acquisition security right will have priority over a nonacquisition security right in future inventory if the registration of a notice in the general security rights registryis made prior to the delivery of the inventory to the grantor.
This definition was adopted by the Convention mainly because that location was considered as being the real location of the grantor and also leads to the law of the State in which the main insolvency proceedings with respect to the grantor will most likely be opened.