Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

As-extracted collateral

see collateral.

as-extracted collateral

1. Oil, gas, or other minerals that are subject to a security interest that is created by a debtor having an interest in the minerals before extraction and that attaches to the minerals as they are extracted. UCC 9-102(a)(4)(A). 2. An account arising out of the sale at the wellhead or minehead of oil, gas, or other minerals in which the debtor had an interest before extraction. UCC 9-102(a)(4)(B).

extract

ub. To draw out or forth; to pull out from a fixed position.

extracta curiae

Hist. The issues or profits of holding a court, arising from customary dues, fees, and amercements.

restitutione extracti ab ecclesia

[Latin] Eccles. law. A writ restoring someone who had been suspected or accused of a felony to the church.