If the grantor does not have a place of business, reference is to be made to the habitual residence of the grantor.

In the insolvency of a non grantor debtor, the creditor is an unsecured creditor with an unsecured claim against the non grantor debtor.

Rights and obligations of the grantor and the secured creditor

Dispossession of the grantor is sufficient only if an objective third person can conclude that the encumbered assets are not in the actual possession of the grantor.

(iv) The insolvency representative in the insolvency of the grantor or

The law should specify that a security right is created by agreement between the grantor and the secured creditor which is in writing signed by the grantor in accordance with recommendation 12 that evidences the intent of the grantor to grant a security right or is accompanied by delivery of possession pursuant to the agreement and in accordance with recommendation 9.

The law should also permit discharge of a registration by agreement of the secured creditor and the grantor.

The insolvency law should provide that an asset of the estate acquired after the commencement of an insolvency proceeding with respect to the grantor is subject to a security right created by the grantor before the commencement of the insolvency proceeding to the extent the asset is proceeds (whether cash or non cash) of an encumbered asset which was an asset of the grantor before the commencement of the proceeding.

The law should provide that the delivery of possession of the assets to be encumbered is to the secured creditor or a third person (other than the grantor or an agent or employee of the grantor) that holds the assets on behalf of the secured creditor.

The law should provide that the name or other identifier of the grantor entered on a registered notice is legally sufficient if the notice can be retrieved by searching the registry record according to the correct legal name or other identifier of the grantor.

Or have they the treasures of the mercy of thy Lord, the Exalted in Power, the Grantor of Bounties without measure?

Or have they the treasures of the mercy of thy Lord, the Exalted in Power, the Grantor of Bounties without measure?

The law should specify that a security right in after acquired or after created assets of the grantor has the same priority as a security right in assets of the grantor owned or existing at the time the security right is made effective against third parties.

The law should specify that a security right is created by agreement between the buyer, grantor or financial lessee (hereinafter referred to as the grantor ) and the seller, secured creditor or financial lessor (hereinafter referred to as the acquisition financier ) which is in writing and evidences the intent of the grantor to grant a security right or is accompanied by delivery of possession pursuant to the agreement and in accordance with recommendation 9.

In the case of a funds transfer from a bank account initiated by the grantor, the transferee of funds takes free of a security right in the funds of the bank account unless the transferee has knowledge that the transfer violates the terms of the security agreement and the transfer is outside the ordinary course of business of the grantor .

The law should provide that a security right in a bank account is effective as between the secured creditor and the grantor notwithstanding an agreement between the grantor and the depositary bank limiting in any way the grantor's right to create a security right in its bank accounts.

(a) Alert third parties dealing with the movable assets of the grantor of the risk that those assets may be encumbered by a security right and

(iii) Another creditor of the grantor asserting a right in the same encumbered asset (e.g. by operation of law, attachment or seizure or a similar process)

There's so much about trust what sources of information can we trust?

Note to the Working Group The commentary will explain that the application of the recommended provision is not based on reciprocity i.e. it operates regardless of whether or not the State of the old location of the encumbered assets or of the grantor has enacted an equivalent provision to cover the converse situation involving the relocation of encumbered assets or a grantor to that State.

(g) Security agreement means an agreement between a grantor and a creditor, in whatever form or terminology, that creates a security right.

A total of 52 trust funds and 49 sub trust funds were established during the biennium 1996 1997, whereas 12 trust funds and 9 sub trust funds were closed.

Are you inclined to trust Cleopatra? Trust?

The Productivity of Trust

The Profitability of Trust

(Title of Trust Fund)

(Title of Trust Fund)

(b) If all rights of competing claimants in an encumbered asset arose before a change in location of the asset or the grantor, references in the recommendations in this chapter to the location of the asset or of the grantor (as relevant under the recommendations in this chapter) refer, with respect to third party effectiveness and priority issues, to the location prior to the change in location.

The law should provide that, for the purposes of the recommendations in this chapter, the grantor is located in the State in which it has its place of business.

The insolvency law should provide that, in the case of the insolvency proceedings of the grantor, the acquisition financier has the rights and duties of a holder of a security right.

The insolvency law should provide that, in the case of the insolvency proceedings of the grantor, the acquisition financier has the rights and duties of a holder of a security right.

(n) Trust funds established by the General Assembly or the Secretary General are of two types general trust funds and technical cooperation trust funds

Administration of Trust Fund(s)

Institute of Social Studies Trust

Of the eurasian credit trust?

It may be that, as between the grantor and the secured creditor, the secured creditor has agreed to treat the proceeds as encumbered assets.

Where the security right at issue (which secures the debtor's obligation) is granted by the debtor, the term debtor also refers to the grantor.

Trust

Trust

Trust

Trust

Schedule 9.1.1 United Nations general trust funds selected trust

We trust you, Mr. O'Connor, and you trust us.

The law should provide that an acquisition security right is subject to the recommendations in this Chapter regarding effectiveness against third parties and priority even if the acquisition financier (i) also has a security right in the goods securing non acquisition obligations of the grantor or (ii) has a security right in other assets of the grantor securing the payment obligation relating to the acquisition security right.

The law should provide that, for a possessory security right to be effective against third parties, dispossession of the grantor should be actual and not constructive, fictive or symbolic.