Accommodation Party - Law Dictionary Search Results
accommodation party
Matched in: Term accommodation party
accommodated party
accommodated party see party
Accommodation party to a Bill
Matched in: Term Accommodation party to a Bill
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party
to the instrument "Uniform Commercial Code"] accommodated party : a party to an instrument for whose benefit an accommodation party signs and incurs liability on the instrument : a party for whose benefit an accommodation is made accommodation … party signs and incurs liability on the instrument : a party for whose benefit an accommodation is made accommodation party : a party who signs and thereby incurs liability on an instrument that is issued for value and
accommodate
the event of nonpayment as a way of reassuring a reluctant creditor see also accommodation paper at paper accommodation party at party NOTE: To accommodate a debtor effectively, the party must sign the debt instrument, adding words describing
Accommodation Bill
Matched in: Term Accommodation Bill
paper
5(d)"] 2 : a document providing evidence of a financial obligation ;esp : commercial paper in this entry accommodation paper : commercial paper used by one party to accommodate another party bearer paper : commercial paper that
reasonable accommodation
Matched in: Term reasonable accommodation
surety
a formal engagement (as a pledge) given for the fulfillment of an undertaking 2 : one (as an accommodation party) who promises to answer for the debt or default of another NOTE: At common law a surety is
In all
VIII of the Act which deals with third party risks. That is a sensitive process which has to accommodate the claims of the society as reflected in that purpose. Indeed, it is in this area of legislative
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