Examples of using To the assignee in English and their translations into Chinese
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(a) The assignment by the assignor to the assignee of more than one receivable;
In other cases,the parties will agree that payments are to be made to the assignee.
Paragraph 1 also creates an obligation for the assignor to transfer to the assignee any independent right securing payment of the assigned receivables as well as the proceeds of such a right.
Under article 6, the assignor andthe assignee may agree that a right is not transferred to the assignee.
Unless otherwise agreed between the assignor and the assignee, if payment is made to the assignee, the assignee is entitled to retain whatever it receives.
If such a right is by law[independent][transferable only with a new act of transfer],the assignor is obliged to transfer the proceeds of this right to the assignee.
In order to cover such situations,it was suggested that reference should rather be made to the assignee' s" superior right under applicable law".
If such a right, under the law governing it, is transferable only with a new act of transfer,the assignor is obliged to transfer such right and any proceeds to the assignee.
It was thus suggested that reference could be made in paragraph(2)to the notification and to payment“to the assignee or to the person designated by the assignee in the notification”.
If such a right, under the law governing it, is transferable only with a new act of transfer,the assignor is obliged to transfer such right and any proceeds to the assignee.
(a) If payment in respect of the assigned receivable is made to the assignee, the assignee is entitled to retain the proceeds and goods returned in respect of the assigned receivable;
It was common practice forassignment to take place through formal notification to the assignee and his acceptance in writing.
That is, it is only where the assignor may ultimately be liable to the assignee that it has an interest in the method of the collection or other disposition of the receivables(see recommendation 164).
A single registration may cover one ormore assignments by the assignor to the assignee of one or more existing or future receivables, irrespective of whether the receivables exist at the time of registration.
It was also stated that, in the context of paragraph(2),it was important to grant protection to the assignee who had acted in good faith.
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. .
Likewise, once notice has been given, if part of the payment obligation is to return property to the assignor,States often provide that this property should be handed over to the assignee.
Likewise, once notice has been given, if part of the payment obligation is to return certain tangible assets to the assignor,States often provide that these assets should be handed over to the assignee.
That is, it is only where the assignor may ultimately be liable to the assignee that it has an interest in the method of the collection or other disposition of the receivables(see A/CN.9/631, recommendation 162).
A personal orproperty right securing payment of the assigned receivable is transferred to the assignee without a new act of transfer.
(1) Unless otherwise agreed between the assignor and the assignee, the assignor or the assignee or both may send the debtor notification of the assignment andrequest that payment be made to the assignee.
Yet another suggestion was that language should be added to subparagraph(f) along the following lines:“If the person to whom the debtor is required to make payment is not identified,payment is to be made to the assignee”.
In view of its discussion of the issue of payment instructions,the Working Group decided that a reference to the assignee should be added in draft article 16, paragraph(3).
Similarly, if payment is made to the assignor after the assignment has been made, and again regardless of whether the debtor of the receivable has received notice,the assignor should be required to remit the payment received to the assignee.
In accordance with the wishes of the representative of China and others, the reference to the assignee was to be retained in the proposal.
Similarly, if payment is made to the assignor after the assignment has been made, and again regardless of whether the debtor of the receivable has received notice,the assignor should be required to remit the payment received to the assignee.
Allowing the assignee to notify the debtor independently of the assignorwould not give an undue preference to the assignee in the case of insolvency of the assignor.