22.214.171.124.dem allow agents to verify the translation of a standard loan contract on platform i on the basis of which the loan agreement is concluded; Equipment leases generally contain a language that prohibits the purchaser from awarding the lease to third parties. For example: “You do not have the right to sell, transfer, assign, sublet or debit the equipment or load the equipment or this agreement” protects the lessor`s insurance and credit insurance policies in the event that the underwriter wishes to transfer the lease to another party. It is possible to award the lease, but the new party (agent) is subject to the credit assessment process and the lessor`s approval. Even if the agent is authorized, the personal (s) guarantee (s) of the current tenant (s) (s) (s) may not be released, unless the solvency of the agent is extremely strong. (f) An ancillary right to guarantee the performance of the surrendered debt is transferred to the beneficiary of the assignment without a new deed of assignment, irrespective of an agreement between the assignee and the debtor or any other party granting that right, which somehow limits the right of the cedant to surrender the debt or the security interest in the surrendered debt. If, under the applicable legislation, a right of non-accessory is transferable only with a new deed of transmission, the assignee is required to transfer that right and the eventual proceeds to the assignee. 11.3. The originator of the loan is required to unilaterally exercise the repurchase rights and obligations arising from the right transferred by the contract entered into by the Creditoriginator, Partner and AV Marketplace, in accordance with the provisions of paragraph 13.1 or 13.2 of the Terms of Sale. to the agent. Suppose Ken owns a lawnmower and has a contract with a real estate company to mow every summer week in his office.
The contract contains a transfer clause, so that when he leaves the company, Ken hands over the contract to his sister-in-law Karrie, who also owns a lawnmower service. (g) As soon as the assignment takes effect, the beneficiary of the assignment ceases to be the creditor and the assignee becomes the creditor with respect to the debt transferred. Remedies may be opened when the rights of the non-signed party are affected by the transfer. 12.1. The contracting parties do not inform the borrower as a result of the assignment of the debt, unless required by this agreement. The parties do not file complaints against each other.