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  3. Mining & Minerals / Gems

quedará liberado de todas sus obligaciones derivadas

English translation: will be released from Xx’s obligations arising from

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:quedará liberado de todas sus obligaciones derivadas
English translation:will be released from Xx’s obligations arising from
Entered by: lbotto

04:23 Jul 18, 2020
Spanish to English translations [PRO]
Law/Patents - Mining & Minerals / Gems / Agreemets
Spanish term or phrase: quedará liberado de todas sus obligaciones derivadas
Durante un plazo de seis (06) años, a computarse a partir de la fecha de suscripción de la Escritura Pública a que de origen del presente acuerdo formal, el "COMPRADOR" se compromete a completar el pago restante de los $500,0000 netos (quinientos mil dólares americanos netos), siempre teniendo en cuenta los depósitos anteriores.

Sin perjuicio de lo anteriormente expuesto, "EL COMPRADOR" quedará liberado de todas sus obligaciones derivadas del Compromiso de Inversión acordado, en el caso que
cumpliese con pagar anticipadamente a "EL PROVEEDOR", el importe total
correspondiente al precio pactado entre ambos por el valor de Ia concesion minera Abundia-1 ($500,000) QUINIENTOS MIL DÓLARES AMERICANOS.
lbotto
Local time: 14:10
shall be released from Xx’s obligations arising from
Explanation:
The use of shall is very common in this context, but some people prefers to avoid it.
Selected response from:

Déborah Gelardi
Argentina
Local time: 18:10
Grading comment
Muchas gracias Deborah
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2shall be released from Xx’s obligations arising from
Déborah Gelardi
4 +1will be released from its obligations under
philgoddard


  

Answers


16 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
shall be released from Xx’s obligations arising from


Explanation:
The use of shall is very common in this context, but some people prefers to avoid it.

Déborah Gelardi
Argentina
Local time: 18:10
Native speaker of: Native in SpanishSpanish
PRO pts in category: 4
Grading comment
Muchas gracias Deborah

Peer comments on this answer (and responses from the answerer)
agree  Barbara Cochran, MFA
6 hrs
  -> Thank you, Barbara
neutral  Yvonne Gallagher: "shall" is incorrect here. It's not a question of wanting "to avoid it" but of meaning//"shall" is often used incorrectly as it can be interpreted in different ways so is omitted by many lawyers these days.
10 hrs
  -> There're countless examples [...] even from official sources. According to Black's Law Dictionary, shall is used with 5 different meanings, so plain English supporters avoid it and "old-school" lawyers use it.
neutral  philgoddard: "Shall" or "will" are fine, but why "XXX's"?
12 hrs
  -> Because its part of a longer sentence and, depending on the wording of the rest of the sentence, it can be "its obligations" "purchaser's obligations" or maybe something different.
agree  Toni Castano: "...released from their (we don´t know if the buyer is a man or a woman) obligacions..." would be my wording.
1 day 1 hr
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21 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
will be released from its obligations under


Explanation:
.

philgoddard
United States
Native speaker of: English
PRO pts in category: 72

Peer comments on this answer (and responses from the answerer)
agree  Yvonne Gallagher
10 hrs
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