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English to Russian translations [PRO]
Law/Patents - Finance (general) | | English term or phrase: file a UCC-1 Financing Statement | No loss, injury or damage to the Machines during delivery from the F.O.B. point to Buyer's facility shall release Buyer from the obligation to pay for the Machines. In the event of loss or damage in transit, XXX will use its best efforts to assist Buyer in asserting Buyer's claim against the carrier or insurer. Title and ownership of the Machines shall remain with XXX after receipt by Buyer until payment has been made in full. XXX reserves the right to file a UCC-1 Financing Statement to reflect a purchase money security interest in the Machines.
Речь идет о поставке оборудования компанией-производителем. |
| | | подать заявление на регистрацию обременения по форме UCC-1 | Explanation:
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a legal form that a creditor files to give notice that it has an interest in the personal property of a debtor (a person who has owes a debt to the creditor as typically specified in the agreement creating the debt).[1] This form is filed in order to "perfect" a creditor's security interest by giving public notice that there is an ability to take possession of certain assets for repayment of a specific debt.
http://en.wikipedia.org/wiki/UCC-1_financing_statement
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| Selected response from:
 Andrei Mazurin
Russian Federation
Local time: 20:10
| Grading comment Thanks everybody!!!
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