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beneficium ordinis seu excussionis A legal clause entitling a surety the right to have a creditor proceed against the principal debtor first before pursuing the surety for any further payment. …

Jan 30, 2009 · Beneficium ordinis seu excussionis. A waiver of this benefit by a surety entitles the financial institution to claim payment from the surety without first exhausting the legal remedies …

beneficium ordinis seu excussionis: The benefit of order or of excussion. Defence raised by a surety when sued by the creditor that the principal debtor be claimed from first. curriculum …

More properly the beneficium ordinis seu excussionis. A defence, exception or benefit claimed by a debtor that compels the creditor to excuss against another party first.

Aug 7, 2014 · The beneficium ordinis seu excussionis clause entitles a surety to ensure that the creditor first proceeds to take action against the principal mortgagor for payment, and …

Information and translations of beneficium ordinis seu excussionis in the most comprehensive dictionary definitions resource on the web.

exceptio ordinis seu excussionis An exception whereby a debtor claims the “benefit of excussion”.

exceptio beneficium ordinis seu excussionis: exceptio beneficium ordinis seu excussionis (English) Origin & history From Latin "exception privilege of regulation yielding rejection". …

"Beneficium ordinis seu excussionis (the benefit of excussion) is an exception open to a surety by which he can compel the creditor to proceed against the principal debtor first and to obtain all …