Consignation definition

Consignation. The act of depositing, in court, the object of the obligation when refused by the creditor; failure to consign renders the obligation to pay subsistent. The Supreme Court relied on Articles 1554, 1560, 1185, 1452, and 1589 of the Spanish Civil Code as they articulated reciprocal obligations under lease contracts and the effects of fortuitous events on such contracts.
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Examples of Consignation in a sentence

  • Liquidation proceeds which may not be distributed to their beneficiaries upon the implementation of the compulsory redemption will be deposited with the Depositary for a period of nine months as from the date of the compulsory redemption; after such period, the assets shall be deposited with the Caisse de Consignation in Luxembourg on behalf of the persons entitled thereto.

  • For the avoidance of doubt, the Trésorerie de l’Etat, Caisse de Consignation, is not an operational unit of the PayPal, but a department of the Luxembourg Treasuryoperating under the jurisdiction of the Luxembourg Ministry of Finance.

  • As from the date of the liquidation, the liquidation proceeds corresponding to Securities not surrendered shall be kept in safe custody at the Caisse de Consignation.

  • Any funds to which shareholders are entitled upon the liquidation of the Company and which are not claimed by those entitled thereto prior to the close of the liquidation process shall be deposited with the Caisse de Consignation in Luxembourg in accordance with the Luxembourg law.

  • If that information is not correct and we are unable to complete the payment to you, we maythen deposit your E-moneywith the Luxembourg Caisse de Consignation at Trésorerie de l’Etat, ▇, ▇▇▇ ▇▇ ▇▇-▇▇▇▇▇▇, ▇-▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, Tel: (+▇▇▇) ▇▇▇▇-▇▇▇▇, Fax: (+352) 46 72 62.

  • As soon as the closure of the liquidation of Sub-Fund or a Class has been decided, whether this decision is taken before the nine-month period has expired or at a later date, any residual funds not claimed by Shareholders prior to the completion of the liquidation shall be deposited as soon as possible at the Caisse de Consignation.

  • As soon as the closure of the liquidation of the Company has been decided, whether this decision is taken before the nine-month period has expired or at a later date, any residual funds not claimed by Shareholders prior to the completion of the liquidation shall be deposited as soon as possible at the Caisse de Consignation.

  • Il est de la volonte expresse des parties que le present Contrat de Consignation, et tous les documents qui s'y rattachent, soient rediges en langue anglaise, exception faite des documents pour lesquels la loi exige l'usage exclusif du francais.

  • If that information is not correct and we are unable to complete the payment to you, we will then deposit your E-money with the Luxembourg Caisse de Consignation according to Luxembourg law.

  • The contact details for the Luxembourg Caisse de Consignation are: Tresorerie de l’Etat, ▇, ▇▇▇ ▇▇ ▇▇-▇▇▇▇▇▇, ▇-▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, Tel: (+▇▇▇) ▇▇▇▇-▇▇▇▇ , Fax: (+352) 46 72 62.