Feb 6, 2019 20:50
5 yrs ago
5 viewers *
English term
accelerated obligation
English to French
Bus/Financial
Law (general)
Banking
Notwithstanding any term to the contrary in any Relevant Agreement, each Relevant Agreement is amended to include X as an office through which X may act and (where relevant and following notice) to which transactions and/or services may be booked (such amendment, the Amendment), provided however, the Amendment will be deemed not to have been made to a Relevant Agreement if such Amendment, at the time it would otherwise become effective, would result in:
(i) an event of default or termination event (howsoever described) under such Relevant Agreement or any agreement or other documentation related to such Relevant Agreement to which a branch or affiliate of X is a party, or an event that could give rise to such an event of default or termination event with the giving of notice or the lapse of time or both; (ii) a breach of covenant, warranty or representation by either party under such Relevant Agreement or any documentation related to such Relevant Agreement (other than any covenant from X to you with respect to transfer); (iii) obligations under such Relevant Agreement becoming accelerated, contingent, set off or netted
(i) an event of default or termination event (howsoever described) under such Relevant Agreement or any agreement or other documentation related to such Relevant Agreement to which a branch or affiliate of X is a party, or an event that could give rise to such an event of default or termination event with the giving of notice or the lapse of time or both; (ii) a breach of covenant, warranty or representation by either party under such Relevant Agreement or any documentation related to such Relevant Agreement (other than any covenant from X to you with respect to transfer); (iii) obligations under such Relevant Agreement becoming accelerated, contingent, set off or netted
Proposed translations
(French)
| 4 +1 | obligation exigible de manière anticipée/immédiatement |
Evelyne Schoeser (X)
|
| 4 | l'obligation accélérée |
Daryo
|
Proposed translations
+1
11 hrs
Selected
obligation exigible de manière anticipée/immédiatement
A definition of "obligation acceleration" can be found Under:
https://definedterm.com/obligation_acceleration
https://definedterm.com/obligation_acceleration
Peer comment(s):
| agree |
Eliza Hall
: Exigible immédiatement is common: https://www.bernierfournieravocats.com/blog/2017/06/29/lopti...
7 hrs
|
| neutral |
Daryo
: "de manière anticipée" could work but there is a shorter variant // "immédiatement" doesn't say whether it was supposed to be due right now/at this date from the beginning or it has become due right now instead of some later initial term=> can't work.
2 days 23 hrs
|
3 KudoZ points awarded for this answer.
Comment: "merci !"
3 days 11 hrs
l'obligation accélérée
Annuaire de la Commission des Nations Unies pour le droit commercial international, 1987, volume XVIII
71. L'avis qui a prévalu était que la proposition était dans l'ensemble acceptable. Toutefois, diverses proposi- tions ont été faites pour la modifier. S'agissant de l'alinéa b du paragraphe 2 de l'article 43, la Commission a décidé d'ajouter, après les mots "à échéance déterminée", le membre de phrase "autre qu'une lettre payable à vue", compte tenu de la décision de la Commission selon laquelle le refus d'acceptation d'une lettre payable à vue ne donnait pas un droit de recours au porteur (voir plus loin, par. 210). Au sujet d'une proposition visant à supprimer la mention du protêt à l'alinéa b du paragraphe 2 de l'article 43, la Commission a décidé de maintenir cette mention étant donné que, s'agissant de l'obligation accélérée du garant du tiré en cas de refus d'acceptation, il était utile d'exiger un protêt afin de prouver que la lettre avait fait l'objet d'un refus par non-acceptation (voir également la décision prise à propos de l'article 68, plus loin, par. 284)
www.uncitral.org/pdf/french/yearbooks/yb-1987-f/yb_1987_f.p...
Discussion