Bailee definition

Bailee means a person that by a warehouse receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them.
Bailee means a person that by a warehouse receipt, bill of
Bailee. With respect to any Transaction involving a Wet Mortgage Asset, (i) a national title insurance company or Sidley Austin LLP, or (ii) any other entity approved by Buyer, which may be a title company, escrow company or attorney in accordance with local law and practice in the appropriate jurisdiction of the related Wet Mortgage Asset.

Examples of Bailee in a sentence

  • Until title passes the Customer shall hold the Goods as Bailee for the Supplier.

  • Benefit to Bailee: This insurance will in no way inure directly or indirectly to the benefit of any carrier or other bailee.

  • To apply immediately for survey by Carrier or other Bailee's representative if any loss or damage be apparent and claim on the Carrier or other Bailee for any actual loss or damage found at such survey.


More Definitions of Bailee

Bailee shall include “depositary,” (l) “goods” shall include “corporeal movable property” other than chattel paper, documents of title, instruments, money and securities, (m) an “agent” shall include a “mandatary,” (n) “construction liens” shall include “legal hypothecs in favour of persons having taken part in the construction or renovation of an immovable,” (o) “joint and several” shall include “solidary,” (p) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault,” (q) “beneficial ownership” shall include “ownership” and “legal title” shall include holding title on behalf of an owner as mandatary or xxxxx-nom”; (r) “easement” shall include “servitude,” (s) “priority” shall include “prior claim” or “rank,” as applicable; (t) “survey” shall include “certificate of location and plan,” (u) “state” shall include “province,” (v) “fee simple title” shall include “ownership,” (w) “accounts” shall include “claims,” (x) “conditional sale” shall include “instalment sale,” (y) “purchase money financing” or “purchase money lien” shall include “instalment sales, reservations of ownership, contracts of lease, leasing contracts and vendor’s hypothecs.” The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement.
Bailee means such third party as Buyer and Seller shall mutually approve in their sole discretion.
Bailee means a person that by a warehouse receipt, bill of lading, or other
Bailee means a person that by a warehouse receipt, bill of lading or other document of title acknowledges possession of goods and contracts to deliver them.[PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]
Bailee a person to whom goods are entrusted.
Bailee means a person who, by a negotiable warehouse
Bailee means a person who has, or is entitled to, possession of goods under a contractual or non-contractual bailment;