Chandler Arizona Notice of Assignment by Assignor to Obligor

State:
Multi-State
City:
Chandler
Control #:
US-0324BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a notice of assignment by assignor to obligor. A valid assignment takes effect the moment it is made regardless of whether notice of the assignment is given to the other party to the contract. If the obligor is notified that there has been an assignment and that any money due must be paid to the assignee, the obligor's obligation can only be discharged by making payment to the assignee. In other words, payment to the assignor would not satisfy the contract after notice. If the obligor does not know of the assignment and makes payments to the assignor who does not turn the money over to the assignee, the assignee cannot sue the obligor, but does have a remedy against the assignor. However, if the obligor both knows of the assignment and has been notified to make future payments to the assignee, any payments made by the obligor to the assignor have no effect and do not reduce the debt of the obligor.

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FAQ

1. : a maker or seller of tallow or wax candles and usually soap. 2. : a retail dealer in provisions and supplies or equipment of a specified kind. a yacht chandler.

/???ps t?ændl?r/ (also chandler) ?a person or shop that sells equipment for ships and boats.

A person who sells supplies for boats or ships: The ship's chandler always needs extra help when a boat comes in. He became a yacht chandler in Shaldon, at the mouth of the River Teign.

Origin of chandler1. 1275?1325; Middle English chandeler candlestick, maker or seller of candles < Anglo-French, Old French chandelier, literally, someone or something connected with candles, equivalent to chandelle candle + -ier -ier 2.

Chandler (occupation), originally head of the medieval household office responsible for candles, now a person who makes or sells candles. Ship chandler, a dealer in supplies or equipment for ships.

Chandler (noun as in dealer) Strongest matches. banker merchant retailer trader trafficker vendor wholesaler.

Welcome to Chandler, AZ ? a dynamic city known for its tech innovation, cultural districts, and diverse architecture. With a thriving arts scene and commitment to innovation, Chandler is recognized globally.

Chandler in Occupations topic From Longman Dictionary of Contemporary Englishchand?ler /?t???ndl? $ ?t?ændl?r/ noun [countable] someone who made or sold candles in the past ? ship's chandlerExamples from the Corpuschandler? In 1788 the Tandragee Circuit was formed in the house of James Lemon, a chandler.

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Chandler Arizona Notice of Assignment by Assignor to Obligor