Valuation of encumbered assets

(i) Another secured creditor with a security right in the same encumbered asset (whether as an original encumbered asset or proceeds)

(i) Protecting the value of the encumbered asset

(53) The insolvency law should specify that encumbered assets may be further encumbered, subject to the requirements of recommendations 65, 66 and 67.

(c) The return of one encumbered P 5 post from elsewhere in the Secretariat, together with one encumbered General Service other level post.

The Russian Empire was encumbered by the war against Turkey.

Costs and expenses of maintaining value of the encumbered asset

Protection from diminution of the value of encumbered assets (paras.

like the encumbered stream can sing our proudest souls' anthems.

Posts encumbered at lower levels than authorized as at 23 February 2005

(h) Encumbered asset means property that is subject to a security right.

But, up until the 1970's it was never heavily encumbered by debt.

a Includes 4 General Service posts encumbered by Security and Safety Service staff.

If a security right is effective against third parties at the time when the encumbered assets become fixtures in movables, the security right in the encumbered assets remains effective against third parties.

Further, in 3 cases, each was encumbered by 5, 10 and 44 staff members

(v) Any buyer or other transferee (including a lessee or licensee) of the encumbered asset.

(b) Dispossession of the grantor if the encumbered assets are specific items of tangible movable property

Of this amount, 16.2 million has been spent or pre encumbered as at 30 April 2005.

The law should confirm that different methods for achieving third party effectiveness may be used for different items or kinds of encumbered assets, whether or not they are encumbered by the same security agreement or by separate security agreements.

The law should apply to all parties and types of security rights, secured obligations and encumbered assets.

The staff member who previously encumbered the post left the Service at the end of June 2004.

(a) Assets of the debtor, including the debtor's interest in encumbered assets and in third party owned assets

During the period of the stay it is possible that the value of the encumbered asset will diminish.

The D 1 post of Chief Military Observer was encumbered from 22 June to 4 October 1993 only.

However, if encumbered assets become part of another product or mass, the security right becomes a security right in the product or mass proportionately up to the value of the encumbered assets at the time they are physically united with other goods .

Where the estate is able to maintain the value of encumbered assets, it can be approached in several ways.

Other approaches focus on the use of the proceeds of the sale of the encumbered assets (see below, paras.

The models for determining the emission are very simplified and their results are encumbered with great uncertainty. Other GHG

Where the lender requires security, it can be provided on unencumbered assets or as a junior or lower security interest on already encumbered assets where the value of the encumbered asset is sufficiently in excess of the amount of the pre existing secured obligation.

(f) The potential incumbent of the post being proposed for reclassification has encumbered that post for at least three years

The bold policy action that countered the initial disorder prevented a global depression, but it encumbered public sector balance sheets.

Upon request the Advisory Committee was provided with a modified organization chart of the Mission showing encumbered posts (see annex IV).

This approach is only necessary where the value of the encumbered asset is less than the amount of the secured claim.

There are presently two Professional and three General Service trainer positions encumbered by trainers who manage and implement UNDP training programmes.

Out of 7,825 cases, 122 post numbers were found encumbered by 2 different staff members and 8 by 3 staff members.

This position is requested to strengthen the management in the office and will be encumbered through a secondment from a Member State.

(b) The Investigations Unit was established on 1 February 1994 and consisted of encumbered posts redeployed from the former IAD and MAS

Central to the notion of protecting the value of encumbered assets is the mechanism for determining the value of those assets to enable the court to consider whether and how much to provide to secured creditors as relief against the diminution of the value of encumbered assets during the proceedings.

(ii) The seller or financial lessor of the same encumbered asset that has retained title to it pursuant to an acquisition security right

The Committee is not convinced, however, that sufficient justification exists for freezing the D 2 post currently encumbered by the Deputy Special Representative.

It may be that, as between the grantor and the secured creditor, the secured creditor has agreed to treat the proceeds as encumbered assets.

Payment of interest may be limited, however, to the extent that the value of the encumbered asset exceeds the value of the secured claim.

It does not include proceeds from drawings under independent undertakings or types of asset excluded from the scope of the Guide as original encumbered assets.

Immediately upon commencement, the encumbered asset is valued and, based on that valuation, the amount of the secured portion of the creditor's claim is determined.

This approach avoids some of the complexities associated with ongoing valuation of the encumbered assets that may be required under the first approach noted above.