sub-participate

Hungarian translation: más bankokat is bevon a hitelkonstrukcióba

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:sub-participate
Hungarian translation:más bankokat is bevon a hitelkonstrukcióba
Entered by: Krisztina Kotai

18:54 Oct 23, 2008
English to Hungarian translations [PRO]
Law/Patents - Law (general)
English term or phrase: sub-participate
"The Bank reserves the right to transfer, assign or sub-participate all or any part of the Facility"

A facility itt a hitelkonstrukcióra vonatkozik. A sub-participate jelentése nem világos itt. Előre is köszönöm.
Krisztina Kotai
Hungary
Local time: 07:59
más bankokat is bevon a hitelkonstrukcióba
Explanation:
sub-participation: kölcsön, amelybe a kölcsönadó bank más bankokat is bevon a kockázat/haszon megosztása mellett

"
Securitisation glossary by Vinod Kothari

Sub-participation - A technique used mostly by bankers to allow several other banks to share the risks and the returns of a financial transactions, including the funding of the transaction. The principal contract between the originating bank and the borrower remains unaffected, the sub-participation a contract between the participating banks and the originating bank. If the sub-participants also provide funding to the originating bank, it is funded risk participation. If the sub-participant bank undertake the credit risk but do not fund the transaction, it is unfunded risk participation. See also participation."

http://www.thefreelibrary.com/Recent Developments In Finance...

"A dispute arose, which led to the proceedings, out of a proposed sub-participation agreement (the "Ampere Transaction") between Credit Suisse and the second third and third defendant companies. They had been incorporated for the purpose of consolidating various sub-participation rights in relation to the facilities granted under the agreements. The dispute between the parties concerned the extent to which sub-participation was permissible under the terms of the option agreements. "
Selected response from:

Katalin Szilárd
Hungary
Local time: 07:59
Grading comment
Köszönöm a választ!
4 KudoZ points were awarded for this answer



Summary of answers provided
4más bankokat is bevon a hitelkonstrukcióba
Katalin Szilárd
3alárendelten részt venni
Marianne Vizkelety


Discussion entries: 1





  

Answers


44 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
más bankokat is bevon a hitelkonstrukcióba


Explanation:
sub-participation: kölcsön, amelybe a kölcsönadó bank más bankokat is bevon a kockázat/haszon megosztása mellett

"
Securitisation glossary by Vinod Kothari

Sub-participation - A technique used mostly by bankers to allow several other banks to share the risks and the returns of a financial transactions, including the funding of the transaction. The principal contract between the originating bank and the borrower remains unaffected, the sub-participation a contract between the participating banks and the originating bank. If the sub-participants also provide funding to the originating bank, it is funded risk participation. If the sub-participant bank undertake the credit risk but do not fund the transaction, it is unfunded risk participation. See also participation."

http://www.thefreelibrary.com/Recent Developments In Finance...

"A dispute arose, which led to the proceedings, out of a proposed sub-participation agreement (the "Ampere Transaction") between Credit Suisse and the second third and third defendant companies. They had been incorporated for the purpose of consolidating various sub-participation rights in relation to the facilities granted under the agreements. The dispute between the parties concerned the extent to which sub-participation was permissible under the terms of the option agreements. "


    Reference: http://szotar.sztaki.hu/
    Reference: http://www.vinodkothari.com/glossary/Subparti.htm
Katalin Szilárd
Hungary
Local time: 07:59
Specializes in field
Native speaker of: Native in HungarianHungarian
PRO pts in category: 289
Grading comment
Köszönöm a választ!
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54 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
alárendelten részt venni


Explanation:
www.gfmt.hu/pdf/kiadvany94.pdf
a sub-participation = a kvótán aluli részesedés, itt a hitel tovább engedményezéséről és annak egy részéről vagy egészéről való átengedéséről van szó, amivel a hitelező alárendelten vesz részt a végén.

Marianne Vizkelety
Local time: 07:59
Works in field
Native speaker of: Native in HungarianHungarian

Peer comments on this answer (and responses from the answerer)
neutral  Katalin Szilárd: Az irodalom is azt mutatja, hogy az "alárendelt kölcsön" illetve alárdendelt kifejezés angol megfelelője a subordinated. "Philip R. Wood The Law of Subordinated Debt London Sweet & Maxwell 1990"
16 mins
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