Assignment of a right definition

Assignment of a right means the transfer by agreement from one person (the “assignor”) to another person (the “assignee”), including transfer by way of security, of the assignor’s right to payment of a monetary sum or other performance from a third person (“the obligor”).
Assignment of a right means the transfer by agreement from one person ("assignor") to another person ("assignee") of the assignor's right to payment of a monetary sum from a third person ("the debtor").
Assignment of a right means the transfer by agreement from one person (the “as- signor”) to another person (the “assignee”), including transfer by way of security, of

Examples of Assignment of a right in a sentence

  • Assignment of a right referred to in Article 10, paragraphs (5) to (17), of this Law shall require conclusion of a contract in writing.

  • Assignment of a right may have been a fact question there, but that conclusion doesn’t map onto Amorah’s case.

  • However, the assignor may be liable to the obligor for breach of contract.(2) Assignment of a right to other performance is ineffective, if it is contrary to an agreement between the assignor and the obligor limiting or prohibiting the assignment.

  • An Assignment of a right is a manifestation of the assignor’s intention to transfer it by virtue of which the assignor’s right to performance by the obligor is extinguished in whole or in part and the assignee acquires a right to such performance.

  • We need to formulate longer-term arrangements and, as necessary, plan and develop suitable facilities, to handle the yard waste generated on a daily basis starting from the yard waste generated from public works projects, as well as that from super typhoons or extreme weather conditions.

  • Comment Assignment of a right has already been described as a « transfer by agreement » in the definition of article 1 above.

  • Assignment of a right does not affect the obligor’s situation, except that the obligor will have to deliver performance to another person.

  • Assignment of a right means the transfer by agreement from one Person (the “Assignor”) to another Person (the “Assignee”), including transfer by way of security, of the Assignor’s right to payment of a monetary sum or other performance from an Obligor.

  • Article 9.1.9(Non-assignment clauses) (1) Assignment of a right to payment of a monetary sum is effective notwithstanding an agreement between the assignor and the obligor limiting or prohibiting such assignment.

  • Comment Assignment of a right does not in principle affect the obligor’s rights and obligations.


More Definitions of Assignment of a right

Assignment of a right means the transfer by agreement from one person (the “assignor”) 485‌

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