execution officer definition
execution officer means any judge, officer of any court or any other person authorized by law to execute judgments;
execution officer means court or police officer who, under a court order, carries out enforcement of pledges or liens in accordance with this law.
execution officer means court or police officer who, under a court order, carries out enforcement of pledges or liens in accordance with this law. “Attachment” means that a Pledge becomes enforceable against the Pledgor with respect to the Collateral. A “Person” for purposes of this law is any natural person, legal entity, or governmental unit. “Immovable Property” means land and property that is inseparable from it, as well as buildings, installations, or structures firmly connected to the land. “Fixture” means Movable Property that has become so affixed or related to Immovable Property: a) that an interest in such Movable Property arises under the Applicable Law governing Immovable Property; or b) that the Movable Property cannot be removed from the Immovable Property to which it is affixed without unduly damaging the Immovable Property. “Secured Obligation” means any obligation subject to a Pledge. “Perfection” means that a Pledge a) has attached and b) a Notification Statement has been registered under this law or the Pledgeholder is in possession of the Collateral. “Movable Property” is anything that can be owned, whether tangible or intangible, except Immovable Property. “Account” means a right to payment of a monetary obligation, but excludes letters of credit, deposit accounts, and Instruments. “Proceeds” includes whatever is received upon the sale, exchange, collection, or other disposition of Collateral. Proceeds include insurance payments for loss or damage to the original collateral or its proceeds, and includes cash or other negotiable instruments so long as they remain identifiable. “Registration Office” means an office established by separate regulation to perform the registration functions set out in the present Law. “Serial numbered goods” means the following, when not held for sale or lease in the ordinary course of business: a motor vehicle, a trailer, a mobile home, an aircraft, or a boat, as defined by administrative instruction from the registration office. “Contract Right” means the right to any performance or payment under a contract. A “Pledge” is an intentionally created interest in Movable Property that gives the Pledgeholder the right to take possession of such property for the purpose of satisfying or attempting to satisfy a the “Secured Obligation” in accordance with the present law. “Pledge Agreement” is a written agreement by which a Pledgor grants a Pledgeholder a Pledge. “Lien” means a security interest in property that arises by operation ...
More Definitions of execution officer
execution officer means any judge, officer of any court or any other person appointed by the Minister of Justice to execute decrees;
execution officer means any judge, officer of any court or any other person appointed by the Competent Authority to execute judgements;