Freezing or seizure definition

Freezing or seizure means temporarily prohibiting the transfer, conversion, disposition or movement of property or temporarily assuming custody or control of property on the basis of an order issued by a court or other competent authority and includes a restraining order.
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Freezing or seizure means the ordering by the competent authority of the temporary prohibition of the transfer, conversion, exchange, disposal or realization of property and the temporary custody or control thereof;
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Freezing or seizure means temporarily prohibiting the transfer, conversion, disposal or movement of property, asset or money or temporarily assuming custody or control of them on the basis of attachment by the Agency;
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Examples of Freezing or seizure in a sentence

  • Freezing or seizure The temporary prohibition imposed by order of the competent authority against transferring, transporting, disposing of, or using the property in question.


More Definitions of Freezing or seizure

Freezing or seizure means temporarily prohibiting the transfer, conversion, disposition, or movement of property or temporarily assuming custody or control of the property on the basis of an order issued by a court or a competent authority;12
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Related to Freezing or seizure

  • Public health emergency means an emergency with respect to COVID–19 declared by a Federal, State, or local authority.

  • Counterfeit electronic part means an unlawful or unauthorized reproduction, substitution, or alteration that has been knowingly mismarked, misidentified, or otherwise misrepresented to be an authentic, unmodified electronic part from the original manufacturer, or a source with the express written authority of the original manufacturer or current design activity, including an authorized aftermarket manufacturer. Unlawful or unauthorized substitution includes used electronic parts represented as new, or the false identification of grade, serial number, lot number, date code, or performance characteristics.

  • System Emergency has the meaning set forth in the CAISO Tariff.

  • Narcotic drug means any of the following, whether produced directly or indirectly by extraction from substances of vegetable origin, or independently by means of chemical synthesis, or by a combination of extraction and chemical synthesis:

  • Retrenchment means the termination by the employer of the service of a worker for any reason whatsoever, otherwise than as a punishment inflicted by way of disciplinary action, but does not include—