Notification of the account debtor

Principle of account debtor protection

Discharge of the account debtor by payment

Defences and rights of set off of the account debtor

(ii) Based on the account debtor's incapacity

(t) Account debtor means a person liable for payment of a receivable.

(b) The account debtor may not waive defences

(b) The account debtor may raise against the assignee any other right of set off, provided that it was available to the account debtor at the time notification of the assignment was received by the account debtor

Effectiveness of an assignment as between the assignor and the assignee and as against the account debtor

(a) Notification of the assignment or a payment instruction is effective when received by the account debtor if it is in a language that is reasonably expected to inform the account debtor about its contents.

Debits where emissions are larger than removals on a unit of land.

(a) Except as otherwise provided in this law, an assignment does not, without the consent of the account debtor, affect the rights and obligations of the account debtor, including the payment terms contained in the original contract

(a) The account debtor may agree with the assignor in a writing signed by the account debtor not to raise against the assignee the defences and rights of set off that it could raise pursuant to recommendation 20.

Such an agreement precludes the account debtor from raising against the assignee those defences and rights of set off

(c) Such an agreement may be modified only by an agreement in a writing signed by the account debtor.

The law should provide that failure of the assignor to perform the original contract does not entitle the account debtor to recover from the assignee a sum paid by the account debtor to the assignor or the assignee.

(a) Until the account debtor receives notification of the assignment, it is entitled to be discharged by paying in accordance with the original contract

(b) A payment instruction may change the person, address or account to which the account debtor is required to make payment, but may not change

Debtor

(a) An assignment is effective as between the assignor and the assignee and as against the account debtor notwithstanding an agreement between the initial or any subsequent assignor and the account debtor or subsequent assignee limiting in any way the assignor's right to assign its receivables

(v) Original contract in the context of an assignment means the contract between the assignor and the account debtor from which the assigned receivable arises.

Rights and obligations of the account debtor and the assignee, the obligor under a negotiable instrument or the issuer of a negotiable document and the transferee

Notification of the debtor

(ii) The State specified in the original contract in which payment is to be made to a State other than that in which the account debtor is located.

(b) After the account debtor receives notification of the assignment, subject to paragraphs (c) to (h) of this recommendation, it is discharged only by paying the assignee or, if otherwise instructed in the notification of the assignment or subsequently by the assignee in a writing received by the account debtor, in accordance with such payment instruction

Principle of debtor protection

2. A payment instruction may change the person, address or account to which the debtor is required to make payment, but may not change

Right to notify the debtor

Debtor's discharge by payment

(e) If the account debtor receives notification of one or more subsequent assignments, it is discharged by paying in accordance with the notification of the last of such subsequent assignments

If the account debtor pays in accordance with the notification, it is discharged only to the extent of the part or undivided interest paid.

(c) The determination of whether the obligations of the account debtor, the obligor on the negotiable instrument or the issuer of the negotiable document have been discharged.

(b) An agreement concluded after notification of the assignment between the assignor and the account debtor that affects the assignee's rights is ineffective as against the assignee unless

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

For the first commitment period, debits resulting from harvesting during the first commitment period following afforestation and reforestation since 1990 shall not be greater than credits accounted for on that unit of land.

Defences and rights of set off of the debtor

(d) If the account debtor receives notification of more than one assignment of the same receivable made by the same assignor, it is discharged by paying in accordance with the first notification received

(b) Based on the debtor's incapacity.

Sergeant Galovitch owes me an apology.

(a) An agreement concluded before notification of the assignment between the assignor and the account debtor that affects the assignee's rights is effective as against the assignee, and the assignee acquires corresponding rights

(b) Assets of the debtor property, rights and interests of the debtor, including rights and interests in property, whether or not in the possession of the debtor, tangible or intangible, movable or immovable, including the debtor's interests in encumbered assets or in third party owned assets

The second party is frequently called a debtor or borrower.

1 11 and recommendation 8). Where the security right at issue (which secures the debtor's obligation) is granted by the debtor, the term debtor also refers to the grantor.

(c) If the account debtor receives more than one payment instruction relating to a single assignment of the same receivable by the same assignor, it is discharged by paying in accordance with the last payment instruction received from the assignee before payment

4. If the debtor receives notification of more than one assignment of the same receivable made by the same assignor, the debtor is discharged by paying in accordance with the first notification received.