Examples of 'encumbered asset' in a sentence
Meaning of "encumbered asset"
encumbered asset: refers to a property or possession that has a legal burden, such as a mortgage or lien, which restricts its transfer or use
How to use "encumbered asset" in a sentence
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encumbered asset
Types of encumbered asset in an intellectual property context.
Protecting the value of the encumbered asset.
Description of an encumbered asset covered by a notice.
Advance notice of extrajudicial disposition of an encumbered asset.
To inspect an encumbered asset in the possession of the grantor.
Distribution of proceeds of extrajudicial disposition of an encumbered asset.
Acquisition of an encumbered asset in satisfaction of the secured obligation.
Protection of the value of the encumbered asset.
Impact of a transfer of an encumbered asset on the effectiveness of registration.
Extrajudicial obtaining of possession of an encumbered asset.
A right or interest in an encumbered asset to guarantee payment of a claim.
Right of the secured creditor to dispose of an encumbered asset.
A security right in an encumbered asset extends to its identifable proceeds.
Effect of a transfer of the encumbered asset.
Duty to return the encumbered asset and to terminate the notice.
See also
Other terms include collateral and encumbered asset.
Nature of encumbered asset.
Right to insure against loss or damage of the encumbered asset.
The return of the encumbered asset to the grantor usually extinguishes the pledge.
Extrajudicial disposition of an encumbered asset.
Possession of the encumbered asset by the secured creditor does not apply ;.
A secured creditor in possession of an encumbered asset has the right.
The encumbered asset is not necessary to a prospective reorganization or sale of the debtor 's business ;.
A first condition relates to how the encumbered asset is described.
If the encumbered asset is attached to immovable property, the policy considerations are more complex.
Impact of a transfer of an encumbered asset.
Thus, the encumbered asset can not be something that the seller does not typically sell.
Right of the secured creditor to obtain possession of an encumbered asset.
A person that buys, leases or licenses the encumbered asset before registration of the amendment.
Costs and expenses of maintaining value of the encumbered asset.
Article 71 . Acquisition of an encumbered asset in satisfaction of the secured obligation.
Protection from erosion of the value of the encumbered asset.
Article 45 . Impact of a transfer of an encumbered asset on the effectiveness of the registration.
Priority of rights of persons providing services with respect to an encumbered asset.
Right to propose the acquisition of an encumbered asset by the secured creditor.
Priority among security rights granted by the same grantor in the same encumbered asset.
Article 32 . Description of an encumbered asset covered by a notice.
The debtor may also grant a subsequent security right in the encumbered asset.
Costs and expenses of maintaining value of the encumbered asset in insolvency proceedings.
Continued effectiveness of a security right against third parties after a transfer of the encumbered asset.
These rules contemplate the cases where the encumbered asset is tangible property.
Some jurisdictions have adopted a special priority rule with respect to certain types of encumbered asset.
It should identify the parties and reasonably describe the encumbered asset and the secured obligation.
Priority between security rights granted by the same grantor in the same encumbered asset.
Right to " repledge " the encumbered asset.
The grantor should be entitled to confer a subsequent security right over an already encumbered asset.
The secured creditor may also create a security right in the encumbered asset by repledging it.
Traditionally, a pledge requires for its validity that the grantor relinquish possession of the encumbered asset.
The Working Group may also wish to define the encumbered asset.
Consequently, many States have enacted special rules governing enforcement against these types of encumbered asset.
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Encumbered for a period within three months
Duty to keep the encumbered assets identifiable
Examples of using Asset
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Assets with duplicate asset identification numbers
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