Cessionary definition

Cessionary means person receiving right and interest in the property.
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Cessionary means Gaia Fibonacci Fibre Custodian (RF) Proprietary Limited (registration number 2021/990690/07), a limited liability private company incorporated in accordance with the laws of South Africa;
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Cessionary means Crown Consolidated Gold Recoveries Limited, a company registered in accordance with the laws of the Republic of South Africa under Registration Number 1997/007865/06;
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Examples of Cessionary in a sentence

  • The cession is hereby accepted by the Cessionary upon and subject to the terms and conditions of this agreement.

  • The Cedent hereby authorises the Cessionary to notify the debtor of this cession.

  • Compensation for the cession of the Cedent’s right, title and interest in and to the Mining Right, in an amount equal to R [—] ([—]) will be payable by the Cessionary to the Cedent in terms of the provisions of the Sale Agreement.

  • The original agreement shall be signed by the Cedent, Cessionary, Candidate Attorney (CA) and witnesses, and shall within two months of the date on which the services of the CA have been terminated with the Cedent, be lodged with the Society.

  • AND WHEREAS the Cedent has sold / donated / exchanged the right, title and interest in and to the said claim, to the Cessionary.

  • The Cedent hereby cedes, transfers and makes over to the Cessionary all right, title and interest the Cedent has in and to the said claim.

  • The Cedent hereby cedes, assigns, transfers and makes over its right, title and interest in the Mining Right to the Cessionary, its successors in title or assigns, subject to such terms and conditions as are mentioned or referred to in the Mining Right, and the Cessionary hereby accepts the cession and assignment of the Cedent’s right, title, interest and obligations in and to the Mining Right.

  • It is explicitly hereby agreed that in the case of cession under the terms and conditions hereof and the provisions of current law, the Ceding User and the Cessionary User shall be jointly and singly responsible towards the Operator for fulfilling their payment obligations to him [the Operator] in respect of the Ceded Committed Transfer Capacity.

  • If we again look at the earlier example where the Cedent cedes in securitatem debiti book debts, and we consider the above obligations applicable to the Cessionary, it appears that a situation may arise where the Cessionary fails to act pursuant to the said obligations and in turn opens itself up to a damages claim.

  • Expiration of this Agreement shall not relieve the Parties from liability for its violation and the Cessionary from payment of the Total Claim (Rights) Price.

Related to Cessionary

  • concessionary payment means a payment made under arrangements made by the Secretary of State with the consent of the Treasury which is charged either to the National Insurance Fund or to a Departmental Expenditure Vote to which payments of benefit or tax credits under the benefit Acts or the Tax Credits Act 2002 are charged;

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Charterparty Assignment means, in relation to each Ship, an assignment of the rights of the Owner of that Ship under any charterparty or other contract of employment referred to in Clause 14.16 executed or to be executed by the relevant Owner in favour of the Security Trustee, in each case, in such form as the Lenders may approve or require and, in the plural, means all of them;

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Insurances means all policies and contracts of insurance (including all entries in protection and indemnity or war risks associations) which are from time to time taken out or entered into in respect of or in connection with the Vessel or her increased value or the Earnings and (where the context permits) all benefits under such contracts and policies, including all claims of any nature and returns of premium.