Examples of Cedent in a sentence
The Cedent hereby cedes, transfers and makes over to the Cessionary all its right, title and interest in and to all of its book debts, in existence as at signature of the last party signing, of whatsoever nature and from whatsoever cause arising, as security for any and all amounts owing in terms of this Agreement and/or the statements provided by the Cessionary to the Cedent from time to time.
The Cedent authorises the Cessionary to collect the said claims in its name and to keep the proceeds until such time as the Cessionary may determine or the indebtedness of the Cedent to the Cessionary has been extinguished.
They will address the process for these cedent claims and will address the mechanism for filing a POC (including a spreadsheet-template for Cedent Claimants to complete), the necessary information Cedent-Claimants must provide as part of this POC process, the deadlines for filing a POC with the estate, and the Receiver’s determination of the class and value of the claim.
The Cedent hereby cedes, transfers and makes over to the Cessionary its right title and interest in and to the claims.
The Cedent authorises the Cessionary, during the currency of the cession contemplated in this clause, from time to time to give notice to any and/or all of the debtors of the Partner, of the cession contemplated in this clause.