Transferee definition: Copy, customize, and use instantly
Introduction
The term "Transferee" refers to the person, entity, or legal body that receives rights, interests, or obligations from another party (the Transferor) under a contract, agreement, or transaction. The “Transferee” may acquire ownership, control, or legal responsibility over assets, securities, liabilities, or contractual obligations.
Below are various examples of how "Transferee" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Transferee" as asset acquirer
This definition ties "Transferee" to asset ownership.
"Transferee" means the party receiving title, ownership, or rights to specified assets as part of a sale, assignment, or transfer.
Definition of "Transferee" as loan assignment recipient
This definition connects "Transferee" to loan servicing.
"Transferee" refers to the entity acquiring rights, responsibilities, or claims under an assigned loan or credit agreement.
Definition of "Transferee" as securities holder
This definition links "Transferee" to stock and bond transfers.
"Transferee" means the individual or entity receiving ownership of shares, bonds, or other securities through transfer, sale, or inheritance.
Definition of "Transferee" as contract successor
This definition applies "Transferee" to contractual obligations.
"Transferee" refers to the party assuming contractual rights and responsibilities following an assignment or novation agreement.
Definition of "Transferee" as leaseholder
This definition ties "Transferee" to lease transfers.
"Transferee" means the individual or entity to whom a lease agreement is assigned, assuming all related rights and obligations.
Definition of "Transferee" as intellectual property recipient
This definition connects "Transferee" to IP ownership.
"Transferee" refers to the party receiving rights to patents, trademarks, copyrights, or trade secrets through assignment or licensing.
Definition of "Transferee" as business entity buyer
This definition links "Transferee" to company acquisitions.
"Transferee" means the entity acquiring control, equity interest, or assets of a business through sale, merger, or reorganization.
Definition of "Transferee" as debtor’s obligation assignee
This definition applies "Transferee" to debt restructuring.
"Transferee" refers to the party that assumes financial liabilities or repayment obligations from another entity.
Definition of "Transferee" as beneficiary of a trust
This definition ties "Transferee" to estate planning.
"Transferee" means the beneficiary or successor receiving rights to trust assets upon distribution or reassignment.
Definition of "Transferee" as rights assignee
This definition connects "Transferee" to contractual benefits.
"Transferee" refers to the party acquiring specific rights, privileges, or benefits previously held by the transferor.
Definition of "Transferee" as policyholder in insurance transfer
This definition links "Transferee" to insurance transactions.
"Transferee" means the individual or entity to whom an insurance policy or coverage rights are transferred.
Definition of "Transferee" as guarantor replacement
This definition applies "Transferee" to financial guarantees.
"Transferee" refers to the party assuming the obligations of a guarantor under a loan or contractual guarantee.
Definition of "Transferee" as franchise owner
This definition ties "Transferee" to franchise agreements.
"Transferee" means the party acquiring the rights and responsibilities of a franchise from the original franchisee.
Definition of "Transferee" as successor in bankruptcy proceedings
This definition connects "Transferee" to insolvency cases.
"Transferee" refers to the entity acquiring assets, liabilities, or contractual obligations from a bankrupt entity.
Definition of "Transferee" as successor in government contracts
This definition links "Transferee" to public-sector agreements.
"Transferee" means the entity assuming rights or obligations under a government-issued contract or permit.
Definition of "Transferee" as assignee of environmental permits
This definition applies "Transferee" to regulatory compliance.
"Transferee" refers to the entity receiving environmental permits, licenses, or compliance responsibilities.
Definition of "Transferee" as royalty rights holder
This definition ties "Transferee" to revenue-sharing agreements.
"Transferee" means the party acquiring rights to future royalties or revenue streams from intellectual property or contracts.
Definition of "Transferee" as equity transfer recipient
This definition connects "Transferee" to corporate stock transactions.
"Transferee" refers to the individual or entity receiving shares or membership interest in a corporation, LLC, or partnership.
Definition of "Transferee" as debt instrument holder
This definition links "Transferee" to fixed-income investments.
"Transferee" means the entity acquiring rights under bonds, promissory notes, or debt securities.
Definition of "Transferee" as trust property recipient
This definition applies "Transferee" to estate distribution.
"Transferee" refers to the beneficiary receiving trust assets or distributions upon transfer.
Definition of "Transferee" as vehicle title holder
This definition ties "Transferee" to motor vehicle ownership.
"Transferee" means the individual or entity to whom the title of a vehicle is transferred.
Definition of "Transferee" as legal judgment recipient
This definition connects "Transferee" to court decisions.
"Transferee" refers to the party acquiring rights to enforce a legal judgment or claim.
Definition of "Transferee" as pension plan beneficiary
This definition links "Transferee" to retirement benefits.
"Transferee" means the individual assuming benefits under a transferred pension or retirement plan.
Definition of "Transferee" as mortgage assumption party
This definition ties "Transferee" to mortgage liability.
"Transferee" means the individual or entity assuming responsibility for a mortgage loan upon transfer from the original borrower.
Definition of "Transferee" as successor in interest
This definition connects "Transferee" to legal inheritance.
"Transferee" refers to the party acquiring ownership or control of an asset, obligation, or right due to succession or assignment.
Definition of "Transferee" as foreign investment holder
This definition links "Transferee" to cross-border financial transactions.
"Transferee" means the entity acquiring ownership or control of foreign securities, assets, or investment interests.
Definition of "Transferee" as patent licensee
This definition applies "Transferee" to intellectual property licensing.
"Transferee" refers to the party receiving rights to use, produce, or distribute patented technology under an assigned license.
Definition of "Transferee" as escrow rights holder
This definition ties "Transferee" to escrowed assets.
"Transferee" means the entity designated to receive funds, securities, or property held in escrow upon satisfaction of conditions.
Definition of "Transferee" as employment contract assignee
This definition connects "Transferee" to labor agreements.
"Transferee" refers to the employer or company assuming rights and obligations under an assigned employment contract.
Definition of "Transferee" as crypto asset recipient
This definition links "Transferee" to digital asset ownership.
"Transferee" means the party receiving cryptocurrencies, NFTs, or blockchain-based assets through transfer, sale, or inheritance.
Definition of "Transferee" as land use permit holder
This definition applies "Transferee" to zoning and regulatory approvals.
"Transferee" refers to the party receiving rights under a land use permit or zoning approval following reassignment.
Definition of "Transferee" as membership interest holder
This definition ties "Transferee" to LLC or partnership ownership.
"Transferee" means the individual or entity acquiring membership interests in an LLC, limited partnership, or cooperative.
Definition of "Transferee" as inheritance beneficiary
This definition connects "Transferee" to estate planning.
"Transferee" refers to the person designated to receive assets, property, or financial accounts from a deceased individual’s estate.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.