preferent in a sentence

Examples

1. Having received such notification, the creditor is obliged, in terms of section 66 ( 2 ) of the Magistrates'Courts Act, to cause a notice of the intended sale in execution to be served personally upon the preferent creditor; alternatively, the execution creditor must make application to the Magistrate s Court of the district in which the property is situated in order to obtain a direction as to what steps must be taken to bring the intended sale to the notice of the preferent creditor.
2. Having received such notification, the creditor is obliged, in terms of section 66 ( 2 ) of the Magistrates'Courts Act, to cause a notice of the intended sale in execution to be served personally upon the preferent creditor; alternatively, the execution creditor must make application to the Magistrate s Court of the district in which the property is situated in order to obtain a direction as to what steps must be taken to bring the intended sale to the notice of the preferent creditor.