Accommodation Party - Law Dictionary Search Results
Home Dictionary Name: accommodation partyaccommodated party
accommodated party see party ...
accommodation party
accommodation party see party ...
Accommodation party to a Bill
Accommodation party to a Bill, is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor and for the purpose of lending his name to some other person, Halsbury's Laws of England, Vol. 4(1), 4th Edn., p. 192, para 383....
party
party pl: parties 1 a : one (as a person, group, or entity) constituting alone or with others one of the sides of a proceeding, transaction, or agreement [the parties to a contract] [a person who signed the instrument as a 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 : a party who signs and thereby incurs liability on an instrument that is issued for value and given for the benefit of an accommodated party secured party : a party holding a security interest in another's property third party : a person other than the principals [insurance against injury to a third party] b : one (as an individual, firm, or corporation) that constitutes the plaintiff or defendant in an action ;also : one so involved in the prosecution or defense of a judicial or quasi-judicial proceeding as t...
Accommodation Bill
Accommodation Bill, one which the accommodating party has signed as drawer, acceptor, or endorser, without receiving value therefor and for the purpose of lending his name to some other person; he is liable on the bill to a holder for value; and it is immaterial whether, when such holder took the bill, he knew such party to be an accommodation party or not. The accommodating party has a right to be indemnified by the party to whom he lent his name. See (English) Bills of Exchange Act, 1882, s. 28....
accommodate
accommodate -dat·ed -dat·ing 1 : to make a change or provision for [ a disability] see also reasonable accommodation 2 : to accept without compensation responsibility for a debt of (another person) in 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 limitations or conditions to the accommodation, if any. ac·com·mo·da·tion [ə-kÄ -mə-dā-shən] n ...
reasonable accommodation
reasonable accommodation : something done to accommodate a disabled person that does not jeopardize safety or pose an undue hardship for the party (as an employer) doing it ;also : something done to accommodate a religious need that does not create undue hardship for an employer ...
Residential accommodation
Residential accommodation, simply means that the accommodation should be capable of being used as a residence or should have been built as a residence. Even if a portion of the accommodation is being used by the tenant as his office, this would merely mean the purpose other than residential, but would not convert a residential accommoda-tion into a non-residential accommodation, P.N. Karkhanis v. P.N. Chopra, 1977 RCJ 560.Residential accommodation, the expression 'residen-tial' qualifies the word 'accommodation' and the former is clearly descriptive of the latter. The expression, therefore, clearly denotes the purpose for which the premises was built, the use to which it was intended to be put and the category to which it belongs. It is used in contradistinction to a shop or a house of business. Whether an accommodation is residential or not would, therefore, depend on these factors and the purpose for which it was let out to a particular tenant or the actual use to which it is put or ...
public accommodations
public accommodations Federal and state laws prohibit discrimination against certain protected groups in businesses and places that are considered "public accommodations." The definition of a "public accommodation" may vary depending upon the law at issue (i.e. federal or state), and the type of discrimination involved (i.e. race discrimination or disability discrimination). Generally speaking, it may help to think of public accommodations as most (but not all) businesses or buildings that are open to (or offer services to) the general public. ...
Accommodation
Accommodation, the word 'accommodation' takes in both residential as well as non-residential building or part of a building. In s. 12 (1) (e) and (f), the expressions 'accommodation let for residential purposes' and 'accommodation let for non-residential purposes' are used distinctly in clear and unmistakable terms, Prem Narayan Barchhiha v. Kakmuddin Saifi, AIR 1999 SC 2450 (2452): (1999) 6 SCC 381. [M.P. Accomodation Central Act, 1961 (41 of 1961) ss. 12(1)(f), 2(a)]...
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