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Originality - Law Dictionary Search Results

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Proprietor of a new or original design

Proprietor of a new or original design, (i) where the author of the design, for good consideration, executes the work for some other person, means the person for whom the design in so executed; (ii) where any person acquires the design or the right to apply the design to any article, either exclusively of any other person or otherwise, means, in the respect and to the extent in and to which the design or right has been so acquired, the person by whom the design or right is so acquired; and (iii) in any other case, means the author of the design; and where the property in or the right to apply the design has devolved from the original proprietor upon any other person, includes that other person. [Designs Act, 2000, s. 2(j)]...


Original

Original, in relation to a design, means originating from the author of such design and includes the cases which though old in themselves yet are new in their application. [The Designs Act, 2000, s. 2(g)]...


Originative

Having power or tending to originate or bring into existence originating...


originate

originate -nat·ed -nat·ing vt : to give rise to ;specif : to issue (a mortgage loan) usually for subsequent sale in a pool of mortgage loans to a secondary market compare service vi : to take or have origin orig·i·na·tion [ə-ri-jə-nā-shən] n orig·i·na·tor [ə-ri-jə-nā-tər] n ...


third party origination

third party origination a process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market. Source: U.S. Department of Housing and Urban Development ...


loan origination fee

loan origination fee a charge by the lender to cover the administrative costs of making the mortgage. This charge is paid at the closing and varies with the lender and type of loan. A loan origination fee of 1 to 2 percent of the mortgage amount is common. Source: U.S. Department of Housing and Urban Development ...


origination

origination the process of preparing, submitting, and evaluating a loan application; generally includes a credit check, verification of employment, and a property appraisal. Source: U.S. Department of Housing and Urban Development ...


Originating summons

Originating summons, a summons without writ, returnable in the chambers of a judge of the High Court. summonses of this description are very frequently issued in the Chancery Division for the determination of particular questions arising in the administration of an estate or trust, without the administration of the whole estate or trust; for settling questions between vendors and purchasers (see VENDOR AND PURCHASER SUMMONS); for foreclosure or redemption of mortgages; for determining questions of construction of a written instrument, and for numerous other purposes; see R.S.C. 1883, Ords. LIV. LIVA., LIVB., LIVC., and LV. Et seq. If the question raised is one requiring argument it is generally adjourned into Court; if it is a simple matter the judge will determine it in Chambers. The summons may be taken out by any person interested, and is served on the persons whose rights are sought to be affected. This procedure was first established in 1883 by the Rules of that year, and has been...


Originator

Originator, means the owner of a financial asset which is acquired by a securitisation company or reconstruction company for the purpose of securiti-sation or asset reconstruction. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2(1)(r)]...


Original Charter

Original Charter is one by which the first grant of land is made. On the other hand, a charter by progress is one renewing the grant in favour of the heir or singular successor of the first or succeeding vassals, Bell's Scots Law Dict....



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