Priority of the security right over the rights of competing claimants

So what right has priority when they conflict?

2. If proceeds are received by the assignor, the right of the assignee in those proceeds has priority over the right of a competing claimant in those proceeds to the same extent as the assignee's right had priority over the right in the assigned receivable of that claimant if

The law should provide that the priority accorded to a security right

Those on the right believe that governments top priority should be fiscal consolidation.

A prerequisite for education and development, a community priority and a human right

If the secured creditor is the depositary bank, the depositary bank's security right has priority over any other security right.

(ff) Priority means the right of a person to derive the economic benefit of its security right in an encumbered asset in preference to a competing claimant.

(ii) The priority of a right in a receivable to the extent that under that law an interest in the real property confers such a right or

The law should provide that a holder of a security right entitled to priority may at any time subordinate its priority unilaterally or by agreement in favour of any existing or future competing claimant.

Whereas French intentions to reform the international monetary system had initially been received skeptically, suddenly reform looks like the right priority at the right time.

Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

If two vehicles stop at the same time, priority is given to the vehicle on the right.

The World Summit on Sustainable Development recognized that sanitation is an important priority in its own right.

3. Nothing in paragraph 2 of this article affects the priority of a person having against the proceeds a right of set off or a right created by agreement and not derived from a right in the receivable.

1. The law of the State in which the assignor is located governs the priority of the right of an assignee in the assigned receivable over the right of a competing claimant.

The insolvency law should specify that, if a security right is entitled to priority under law other than the insolvency law, that priority continues unimpaired in insolvency proceedings except if, pursuant to the insolvency law, another claim is given priority.

(b) Where a security right may be made effective against third parties by control, that security right has priority over a security right made effective against third parties by any other method.

21. Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

11. Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

9. Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

13. Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

17. Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

6. Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

8. Urges States to give adequate priority in their development strategies and expenditures to the realization of the right to food

25. Decides to continue consideration of the issue of the right to development, as a matter of priority, at its fifty seventh session.

34. Decides to continue at its fifty eighth session consideration of the issue of the right to development, as a matter of priority.

(d) To consider ways and means to ensure the operationalization of the right to development as a priority, including through further consideration of the elaboration of a convention on the right to development

The promotion of economic, social and cultural rights and the right to development was identified as a main priority for the region.

The law should provide that a security right that is effective against third parties has priority over the rights of unsecured creditors.

(d) To consider ways and means to continue to ensure the operationalization of the right to development as a priority, including through further consideration of the elaboration of a convention on the right to development

Believing that the right to development promoted social justice and the enjoyment of human rights and fundamental freedoms, his Government expected the right to development to be a priority issue of the future Human Rights Council.

(c) By possession has priority over a security right made effective against third parties automatically upon creation or by registration and

Priority areas of action could possibly include documentation of best practices indicator development and promoting policies and programmes supportive of the principles of the right to water.

A right balance therefore needed to be found between the development plans and policies of beneficiary countries and the priority areas of donors' development assistance programmes.

A right balance therefore needed to be found between the development plans and policies of beneficiary countries and the priority areas of donors' development assistance programmes.

The law should specify that a security right in after acquired or after created assets of the grantor has the same priority as a security right in assets of the grantor owned or existing at the time the security right is made effective against third parties.

(d) Automatically upon creation has priority, in accordance with its priority in the underlying receivable and in the proceeds from the drawing under an independent undertaking, over a security right made effective against third parties by registration.

The Organic Theory of the State is a species of political collectivism which maintains that the state transcends individuals within the State in power, right, or priority.

13. Also takes note of the second report of the independent expert on the right to development,See A 55 306. which focuses on poverty eradication as a priority area requiring attention in the realization of the right to development

8. Welcomes the intention of the Secretary General to give high priority to the right to development, and urges all States to promote further the right to development as a vital element in a balanced human rights programme

The law should address the priority of a security right in a leased asset that is effective against third parties as against the rights of a lessee of such asset.

1. If proceeds are received by the assignee, the assignee is entitled to retain those proceeds to the extent that the assignee's right in the assigned receivable had priority over the right of a competing claimant in the assigned receivable.

The law should have a complete set of priority rules covering all possible priority conflicts.

Priority countries