However, the Guide proposes that all types of asset are capable of being the object of a security right, including all present and future assets of a business, and covers all assets, both tangible and intangible, with the exception of assets specifically excluded.

Asset recovery

UNDG United Nations Development Group

On inventory control

Mission aviation assessment

Disposal of assets

Inventory and distribution

The advantage of such an additional registration requirement would be that a search in the security rights registry would reveal all security rights in a wide range of assets, including those that are subject to a specialized registration system.

If the assets covered by the notice are all the present and after acquired movable property of the grantor, the law should confirm that it is legally sufficient to describe the charged assets as all movable property or by using equivalent language.

Return and disposal of assets

Valuation of encumbered assets

IX. DISPOSITION OF ASSETS . 31 11

IX. DISPOSITION OF ASSETS

VI. DISPOSITION OF ASSETS

VII. DISPOSITION OF ASSETS . 27 9

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

The allotment of common assets

Assets constituting the estate

(i) Protecting the value of the encumbered asset

VI. DISPOSITION OF ASSETS . 21 7

The Galileo inventory management system will be implemented in all new missions prior to the arrival of major items of SDS.

Assets and obligations subject to a security agreement

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

It was emphasized that it was the responsibility of all States to ensure the sound implementation of the Convention, including the provisions on asset recovery.

Presentation by delegates of asset sharing systems.

Legal sufficiency of description of assets covered by a registered notice

Treatment of assets acquired after commencement

Costs and expenses of maintaining value of the encumbered asset

Among the categories of intangibles are claims and receivables.

8. The available assets were classified into three groups.

The law should provide that a secured creditor's priority with respect to an encumbered asset extends to the proceeds of the asset subject to the requirements of recommendation 54.

(k) Deferred charges shown under other assets

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

Cash holdings as at 31 December 1993 . 68

If the Working Group decides that such types of asset should be covered in the Guide, it may wish to review the recommendations to ensure that both the recommendations applicable to all types of asset and the asset specific recommendations are appropriate for those assets.

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.

The question of providing security over unencumbered assets or assets that are not fully encumbered is not one that generally should require approval of the court.

(a) Financial and human resources, including existence of assets

(i) Tangibles means all forms of corporeal movable property.

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

(iii) Another creditor of the grantor asserting a right in the same encumbered asset (e.g. by operation of law, attachment or seizure or a similar process)

Frequently, the only unencumbered assets that may be available for securing post commencement finance will be assets recovered through avoidance proceedings.

(k) The recovery of assets, in accordance with the provisions of chapter V of this Convention.

His is the kingdom of the heavens and the earth , and all things will go back to Him .

For Him only is the kingship of the heavens and the earth and towards Allah only is the return of all matters .