Security Agreement - Law Dictionary Search Results
Home Dictionary Name: security agreement Page: 2 Page 2 of about 64 results (0.003 seconds)Trade Union
Trade Union. The Acts 30 & 31 Vict. cc. 8, 74, provided for facilitating the proceedings of a commission appointed by Queen Victoria to inquire into and report on the organization and rules of trade unions, and other associations of employers and workmen. The (English) Trade Union Act, 1871 (34 & 35 Vict. c. 31), provides:-S. 2. 'The purposes of any trade union shall not, by reason merely that they are in restraint of trade, be deemed to be unlawful, so as to render any member of such trade union liable to criminal prosecution for conspiracy or otherwise.'S. 3. 'The purposes of any trade union shall not, by reason merely that they are in restraint of trade, be unlawful so as to render void or voidable any agreement or trust.'S. 4. 'Nothing in this Act shall enable any court to entertain any legal proceeding instituted with the object of directly enforcing or recovering damages for breach of any of the following agreements, namely,(1) Any agreement between members of a trade union as su...
default
default [Anglo-French defalte defaute lack, fault, failure to answer a summons, from defaillir to be lacking, fail, from de-, intensive prefix + faillir to fail] 1 : failure to do something required by duty (as under a contract or by law): as a : failure to comply with the terms of a loan agreement or security agreement esp. with regard to payment of the debt b in the civil law of Louisiana : a delay in performing under a contract that is recognized by the other party NOTE: A party whose performance under a contract is delayed is not automatically in default. Rather, the law of Louisiana requires that the other party “put him or her in default” by a written or witnessed oral request for performance, by filing suit, or by invoking a specific provision in the contract. Moratory damages may be recoverable for loss caused by the delay. 2 : failure to defend against a claim in court (as by failing to file pleadings or to appear in court) see also default judgment at judg...
secured transaction
secured transaction : a transaction that is intended to create a security interest in personal property (as goods) or fixtures and that is governed by Article 9 of the Uniform Commercial Code compare security agreement ...
insecurity clause
insecurity clause : a clause in an agreement (as a security agreement) allowing a party who deems himself or herself insecure to require immediate payment or performance or the giving of collateral ...
deficiency
deficiency pl: -cies : an amount that is lacking or inadequate: as a : the difference between the amount of tax owed and the amount of tax paid b : the difference between the amount owed under a security agreement and the amount the creditor is able to recover upon default of the debtor by selling the collateral ...
omnibus clause
omnibus clause 1 : a clause in a will, decree, or security agreement that stipulates the disposition or status of property not specifically named 2 : a clause in a vehicle insurance policy that provides coverage for those who use the vehicle with the express or implied permission of the insured see also statutory omnibus clause ...
Grith
Peace security agreement...
accelerate
accelerate -at·ed -at·ing vt : to bring about at an earlier time: as a : to advance (the maturity date of a security agreement) so that payment of the debt in full is due immediately see also acceleration clause b : to cause (a future interest in property) to vest by removing the preceding interests (as by failure or premature termination) vi : to enforce an acceleration clause [held that the creditor's right to was suspended "J. J. White and R. S. Summers"] ac·cel·er·a·tion n ...
secretary of state's office
secretary of state's office In most states, the official office responsible for many types of formal state business, such as licensing of corporations and filing of UCC security agreements. Source: FindLaw ...
Pawn or Pledge
Pawn or Pledge [fr. pignus, Lat.], a bailment of goods by a debtor to his creditor, to be kept till the debt is discharged.A mortgage of goods is in the Common Law distinguishable from a mere pledge or pawn. By a mortgage the whole legal title passes conditionally to the mortgagee; and if the goods be not redeemed at the stipulated time, the title becomes absolute at law although equity allows a redemption. But in a pledge, a special property only passes to the pledgee, the general property remaining in the pledgor. Also, in the case of a pledge, the right of a pledgee is not consummated, except by possession; and, ordinarily, when that possession is relinquished, the right of the pledgee is extinguished or waived. But, in the case of a mortgage of personal property the right of property passes by the conveyance to the mortgagee, and the possession is not or may not be essential to create or support the title.As to things which may be the subject of pawn: These are, ordinarily, goods a...
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