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Oct 12, 2021 · A holder is a person who is entitled in his own name to a negotiable instrument and the instrument is obtained lawfully. So he can receive the payment from the parties liable to pay. A holder in due course is a person who obtains a negotiable instrument in good faith for a consideration, whose payment is still due.
Sep 16, 2022 · The indemnity holder holds all the rights to recover all the costs incurred in the suit of indemnity from the indemnifier as it is their right to do so. The main essence of the contract of indemnity is to mitigate the losses incurred by the indemnity holder, and if some costs relating to a suit to the matter concerned arise, then the costs regarding that suit have to be borne by the indemnifier.
Synonyms for HOLDER: owner, proprietor, possessor, landowner, coproprietor, co-owner, landlord, container; Antonyms of HOLDER: tenant, lessee, squatter, renter
Jul 3, 2023 · These rights include: Right to recover damages (Section 125 (1)): The indemnity holder has the right to claim reimbursement for the damages suffered. Right to recover costs incurred (Section 125 (2)): The indemnity holder is entitled to recover the costs incurred in relation to the legal proceedings associated with the matter.
PLACEHOLDER definition: 1. a piece of text or an image that is put in a document temporarily before the final text or image…. Learn more.
Hölder condition. In mathematics, a real or complex-valued function f on d -dimensional Euclidean space satisfies a Hölder condition, or is Hölder continuous, when there are real constants C ≥ 0, α > 0, such that for all x and y in the domain of f. More generally, the condition can be formulated for functions between any two metric spaces.
Jun 28, 2024 · holder for value. : a holder to whom an instrument is issued or transferred in exchange for something of value (as a promise of performance, a security interest or lien in the instrument not obtained by judicial process, payment of or use of the instrument as security for a claim against another person, a negotiable instrument, or the incurring ...
