GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
03:10 May 29, 2010 |
Spanish to English translations [PRO] Law/Patents - Law: Contract(s) / public contracts | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Taña Dalglish Jamaica Local time: 21:05 | ||||||
Grading comment
|
unconditional, irrevocable guarantee and immediate collectibility Explanation: Just to improve the language a bit. The bilingual text suffers from some lapses in translation. For example, it translates "dilatar" as "dilate" instead of "delay, prolong or postpone." Immediate collection Likewise, in order to become effective the third condition: immediate collection, it should be understood that in these cases the norm of Art.100 of the General Law of Insurance Companies is not applicable, as that provision is against this guarantee, since the immediate collection is a payment without delay, while Art.100 establishes requirements and orders the concession of the time limit that dilate its liquidation. http://www.vivancoyvivanco.com/lex/LEX_ECUADOR_APR_06.pdf # File Format: PDF/Adobe Acrobat - View as HTML ... date entails immediate collectibility of all other invoices not yet due and suspen- ... Insurance is compulsory. It is on buyer's expense. DELIVERIES: ... www.mercantile.ee/public/Hatco_Wheel_Balancing_2009_.pdf # WHEEL BALANCING.QXD 23 Apr 2010 ... an invoice on the due date entails immediate collectibility of all other invoices ... Insurance is compulsory. It is on buyer's expense. ... www.docstoc.com/docs/35549196/WHEEL-BALANCINGQXD - Cached # CRYSTAL GRAPHITE CORP - CYTGF Report of Foreign Issuer (6-K ... Fire and Liability Insurance During Construction of Buildings ...... any nature shall not affect the immediate collectibility of the total Termination Fee. ... sec.edgar-online.com/crystal-graphite-corp/6-k-report.../Section2.aspx |
| |
Login to enter a peer comment (or grade) |
unconditional and irrevocable guarantee which is of extrajudicial effect Explanation: "immediate collectibility" obviously does not mean immediately payable, but rather that no lawsuit is required in order to enforce collection (except a perfunctory lawsuit for a writ of execution -- assuming that no collateral has been posted). Therefore the word "immediate" alone is unidiomatic and also misleading. -------------------------------------------------- Note added at 12 hrs (2010-05-29 15:38:10 GMT) -------------------------------------------------- It is not "immediately payable" because the underlying condition giving rise to enforceability of the guarantee has not yet occurred. |
| |
Login to enter a peer comment (or grade) |
unconditional and irrevocable first-demand guarantee/bond/security Explanation: This sounds very much like a 'first-demand' security arrangement. I won't bring in the ref's on this entry, because they are listed in 14 other KOG entries for 'first demand/primera demanda', with excellent explanations and original ref's. You can read through them to determine if this fits your context for 'cobro inmediato'. |
| |
Login to enter a peer comment (or grade) |
unconditional & irrevocable guarantee and immediate collection qualities Explanation: A suggestion: [PDF] ABRIL, 2006 No. 38 APRIL, 2006 INDICE INDEX PÁG./PAGE Formato de archivo: PDF/Adobe Acrobat - Vista rápida CARACTERISTICAS DE LAS GARANTIAS EN CONTRATACION PUBLICA 3. ARTICLE #1: EXPLANATION OF THE GUARANTEES ..... Calidades de Incondicional, Irrevocable y de Cobro Inmediato. Incondicional ... Unconditional, Irrevocable and Immediate. Collection Qualities. Unconditional ... is against this guarantee, since the immediate ... www.vivancoyvivanco.com/lex/LEX_ECUADOR_APR_06.pdf - Calidades de Incondicional, Irrevocable y de Cobro Inmediato Incondicional El Art. 1516 del Código Civil consigna: "Es obligación condicional la que depende de una condición, esto es, de un de un acontecimiento futuro que puede suceder o no". Las garantías, en realidad, no pueden ser incondicionales absolutas por su propia naturaleza. Unconditional, Irrevocable and Immediate Collection Qualities Unconditional Art. 1516 of the Civil Law orders: "Conditional obligation is the one that depends on a condition, this is, on a future event that can or can not happen". The guarantees, actually, cannot be absolutely unconditional by their own nature. OR "unconditional, irrevocable and of immediate collection guarantee" NOVIEMBRE, 2008 No. 68 NOVEMBER, 2008 INDICE INDEX PÁG. /PAGE ... Formato de archivo: PDF/Adobe Acrobat - Vista rápida Garantía incondicional, irrevocable y de cobro inmediato, otorgada por un banco o ... Unconditional, irrevocable and of immediate collection guarantee ... www.vivancoyvivanco.com/lex/LEX_ECUADOR_NOV_08.pdf -------------------------------------------------- Note added at 1 day23 hrs (2010-05-31 02:21:06 GMT) Post-grading -------------------------------------------------- Muchas gracias, Andrea. |
| |
Grading comment
| ||