Official Assignee definition
Examples of Official Assignee in a sentence
The inventory made and certified by the panel lawyer will be conclusive evidence against the Hirer(s), his heirs, successors and assignees (including Official Assignee) and against any other person or entity having a claim to any kind of property deposited in the Box and in any court proceedings.
Where the Landowners are a natural person this Deed shall bind the Official Assignee.
If you pay the lender any money under this guarantee you must not claim any part of that money from anyone else, or his estate if he is dead or from the Official Assignee if he is bankrupt (or from the liquidator if the potential recipient of the claim is a company in liquidation) until the lender has received payment of the guaranteed money in full and all the borrower’s obligations under the loan agreement have been performed.
This follows the approval on the 16th January 2023 by the Minister of Public Expenditure, NDP Delivery and Reform for the ISI to retain bankruptcy fees payable to the Official Assignee to assist him in the discharge of his duties and statutory functions.
With respect to its Loans made or renewed by it, each Arranger and each Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not an Arranger or an Agent, and the terms “Lender” and “Lenders” shall include the Arranger and the Agent in their individual capacities.