assignee meaning
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Definitions &Translations Webster Dictionary (0.00 / 0 votes) Rate this definition: Assignee. a person to whom an assignment is made; a person appointed or deputed by another to do some act, perform some business, or enjoy some right, privilege, or property; as, an assignee of a bankrupt. See Assignment (c).
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holder a payee or indorsee in possession ofa bill of exchange or promissory note. HOLDER. The holder of a bill of exchange is the person who is legally in the possession of it, either by endorsement or delivery, or both, and entitled to receive payment either from the drawee or acceptor, and is considered as an assignee. 4 Dall.
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The Worldâs 13 Most Dangerous Airlines Yeti Airlines. Yeti Airlines is the parent company to Tara Air (mentioned later); an airline that was rewarded only one-star by AirlineRatings.com. Yeti Airlines comes in with two-stars however, being rewarded for being fatality free and FAA endorsed.
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- (Definition of “assignee” from the Cambridge Business English Dictionary © Cambridge University Press)
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- Radiology uses imaging technologies, such as X-ray radiography, magnetic resonance imaging (MRI), nuclear medicine, ultrasound, computed tomography (CT), and positron emission tomography (PET) to see within the human body in order to diagnose disease and abnormalities.
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Assumption Agreement Law and Legal Definition It is a legal contract that effectuates an agreement between two parties, whereby one party agrees to assume the responsibilities, interests, rights, and obligations of another party in respect to a separate agreement made between the latter and a third party.arties to an assumption agreement are known as assignee and assignor. When mortgaged property is conveyed to another person, through an assumption agreement the new owner assumes the mortgage and the mortgage holder agrees to the assumption.
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Effect of Use or Absence of âHeirs,â âSuccessors,â and âAssignsâ Effect of Use or Absence of “Heirs,” “Successors,” and “Assigns” An assignment operates as a valid transfer of the title of the property and the assignee becomes the real party in interest who may maintain an action thereon in his/her own name.[i] The determinant factor regarding the assignability of a contract is the contractual intent, which is often manifest in the language used by the parties.[ii]
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- Legal Definition of grantee. : one to whom a grant is made; specifically : one to whom a grant by deed is made.
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- Self-care. These measures may help relieve mild testicle pain: 1  Take an over-the-counter pain reliever such as aspirin, ibuprofen (Advil, Motrin IB, others)or acetaminophen (Tylenol, others), unless your doctor has given you other instructions. 2  Support the scrotum with an athletic supporter. 3  Causes.
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joint A point of articulation between two or more bones, especially such a connection that allows motion. b. A point in the exoskeleton of an invertebrate at which movable parts join, as along the leg of an arthropod. 3. Botany An articulation on a fruit or stem, such as the node of a grass stem. 4. Slang A marijuana cigarette. adj. 1.
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Assignment of Lease Law and Legal Definition Assignment of Lease Law and Legal Definition. Assignment of lease is the transfer of a lease by a lessee to a third party, with all its rights and obligations. The lessee transfers the entire unexpired remainder of the lease term to a third party. The assignor remains liable under the original lease contract unless expressly released by the landlord.
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UK: Contracts: The Critical Difference Between Assignment and Novation Conclusion. If the intention is that the assignee is to accept both the benefit and burden of a contract, it is not normally sufficient to rely on a deed of assignment, as the burden of the contract remains with the assignor.
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- A lessor is a person or organization that owns an asset, such as real estate, and a lessee is a person or organization that makes installment payments to use the asset. In real estate rentals, the lessor is the landlord and the lessee is the renter. Continue Reading.
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- An assignment is when you transfer all of your remaining interests in the lease to someone else, called the “assignee”. In the example above, it’s when you give the assignee the right to live on the premises for the entire 12-month term of the master lease.
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Commercial Real Estate Leasing Definitions We hope you find this glossary of terms helpful. Assignment: A transfer by lessee of lessees entire estate in the property. Distinguishable from a sublease where the sublessee acquires something less than the lessees entire interest. Attorn: To turn over or transfer to another money or goods. To agree to recognize a new owner of a property and to pay him/her rent.
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Assumption Agreement Law and Legal Definition Parties to an assumption agreement are known as assignee and assignor. When mortgaged property is conveyed to another person, through an assumption agreement the new owner assumes the mortgage and the mortgage holder agrees to the assumption.arties to an assumption agreement are known as assignee and assignor. When mortgaged property is conveyed to another person, through an assumption agreement the new owner assumes the mortgage and the mortgage holder agrees to the assumption.
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- In other words, in case of an assignment, all defenses that were good against the assignor are good against the assignee. Cyclopedia of Commerce, Accountancy, Business Administration, v. 3 Various. If a man is an assignee or licensee he has an interest in the copyright.
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assignment (also cession), the transfer of a creditor’s rights to a third party, who then becomes the new creditor. In Soviet law, assignment is possible only when it is not in contravention of laws or agreements and when the claim transferred does not pertain directly to the personality or individuality of the creditor.
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- A drawee is a term used to describe the party directed by the depositor to pay a certain sum of money to the person presenting the check or draft. A drawee is a term used to describe the party directed by the depositor to pay a certain sum of money to the person presenting the check or draft.
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int acct ch 15 The lessor owns the property, and the lessee is the party who uses the assets and makes lease payments. lessee = renter. lessor = owner of property. A lease is an agreement in which the lessor conveys the right to use property, plant, or equipment, usually for a stated period of time, to the lessee. ...
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payee payee. n. the one named on a check or promissory note to receive payment. noun acceptor, assignee, consignee, devisee, donee, drawer, endorsee, grantee, recipient, taker, transferee See also: beneficiary, heir, holder, recipient, transferee.
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What is an Assignment of Trust Deed? Assignment. When a lender sells the loan, it assigns the trust deed to the buyer. “Assignment” means to convey a claim or a right to another party, known as the “assignee.” This is done by creating another legal document — the assignment of trust deed — and having it signed by both buyer and seller.
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What Is an Assignment of Contract? An assignment doesn't always relieve the assignor of liability. Some contracts may include a guarantee that, regardless of an assignment, the original parties (or one of them) guarantees performance (that is, that the assignee will fulfill the terms of the contract).
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Bailee Law and Legal Definition A bailee is a person who receives possession of a property or goods through a contract of bailment. Unlike a contract of sale, the bailee has to return the goods or property to the bailor, under a contract of bailment. A bailee is responsible for the safekeeping and return of the property to the bailor or otherwise disposing it off according to the contract of bailment. A bailee is also referred to as a custodian.
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assign verb (used with object) 1. to give or allocate; allot: to assign rooms at a hotel. 2. to give out or announce as a task: to assign homework.
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Maltitol What is maltitol? Maltitol is a low-calorie artificial sweetener. It is a carbohydrate, a sugar alcohol made of glucose and sorbitol [1]. It is produced from maltose, which is derived from the natural starch (wheat, tapioca or corn), by using enzymes alpha- and beta-amylase and pullulanaze [1,2-p.224]. Picture 1. Maltitol structure.