Transferee


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Transferee

The party who has received the benefits of a letter of credit by action of a transfer.

Transferee

The person or organization to whom a transfer of funds or assets is made. For example, if Joe writes a check to Bob, Bob is the transferee because he receives the stated amount of money from Joe's bank account. See also: Payee.
References in periodicals archive ?
However, in situations whereby the transferor will be unable to use the future deductions, consideration should be given to forgoing the future deductions and allowing the transferee the additional basis for depreciation.
The easiest part of the second limitation is determining the greater transferee FET liability, which is identical to a normal estate tax calculation except with the inclusion of the transferred property in the gross estate.
If a transferee has not obtained permanent residence or another visa status for which he is eligible before reaching the maximum limit of L-1 admission, he must depart the U.
The challenge-and the opportunity--lies in the close collaboration between transferors and transferees to make sure servicing transfers do not negatively impact consumers.
14) For this purpose, upon request of the JPML, a circuit judge or a district judge may be designated and assigned temporarily for service in the transferee district by the Chief Justice of the United States or the chief judge of the circuit, as may be required.
d) A transferee who does not become a member is not entitled to participate in the management or conduct of the limited liability company's business, require access to information concerning the company's transactions, or inspect or copy any of the company's records (emphasis added).
There often are special anxieties in such cases that your transferee has not faced before.
Employers can only vary contracts of employment for a reason unrelated to the transfer; or if the principal reason is an economic, technical or organisational reason entailing changes to the workforce; or the transferor is insolvent, and either the transferor or transferee agrees the variations with a trade union or elected employee representatives
There is a new duty on transferors to supply information about the transferring of employees to the transferee by providing what is called "employee liability information".
Each transaction is orientated to the specific needs of the transferee, which we fulfill by investigating all available channels and by calling upon our RE/MAX network.
The policy required transferee inmates to be evaluated as new cases, causing a delay in the inmate's surgery.
For the school search, the company will schedule appointments at the selected schools and accompany the transferee on the visits.