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  3. Law: Contract(s)

company's underlying obligation to make a payment

Spanish translation: obligación subyacente (de la empresa) de realizar/efectuar el pago

03:57 Jul 14, 2012
English to Spanish translations [PRO]
Law/Patents - Law: Contract(s) / contrats
English term or phrase: company's underlying obligation to make a payment
Checks issued by Company for payment of all services and/or goods under this contract shall be presented by Contractor for payment within, but not exceeding, one hundred twenty (120) days
after the date of issuance of the check or the obligation will be deemed discharged. Failure to present check within the 120-day stipulated period after issuance of the check will discharge Company’s underlying obligation to make payment.
hosm
Spanish translation:obligación subyacente (de la empresa) de realizar/efectuar el pago
Explanation:
"Se exonerará a la empresa/La empresa quedará exonerada de la (su) obligación subyacente de realizar el pago en caso de que el cheque no se presente al cobro en el plazo estipulado de 120 días a partir de su fecha de emisión."

Ejemplo:

"[...] the fully integrated straight-through processing of payments and for legal certainty with respect to the fulfilment of any **underlying obligation** between payment service users, that the full amount transferred by the payer be credited to the account of the payee."

"(25) Para el tratamiento integrado y exhaustivo de los pagos y la seguridad jurídica con respecto al cumplimiento de cualquier **obligación subyacente** entre usuarios de servicios de pago, es fundamental que se abone en la cuenta del beneficiario el importe íntegro transferido por el ordenante."

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:20...
Selected response from:

Marta Moreno Lobera
Spain
Local time: 06:48
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1obligación implícita/tácita en relación con/relativa al pago
CARMEN MAESTRO
4obligación subyacente (de la empresa) de realizar/efectuar el pago
Marta Moreno Lobera
3la obligación inherente de la compañía de realizar un pago
Gloria Rivera


  

Answers


4 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
la obligación inherente de la compañía de realizar un pago


Explanation:
Hi,
This is how I would translate it.
Regards,
Gloria

Gloria Rivera
United States
Local time: 21:48
Native speaker of: Spanish
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37 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
obligación implícita/tácita en relación con/relativa al pago


Explanation:
Diría yo.
Saludos!

CARMEN MAESTRO
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 397

Peer comments on this answer (and responses from the answerer)
agree  Natalia Pedrosa
2 hrs
  -> Gracias!
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12 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
obligación subyacente (de la empresa) de realizar/efectuar el pago


Explanation:
"Se exonerará a la empresa/La empresa quedará exonerada de la (su) obligación subyacente de realizar el pago en caso de que el cheque no se presente al cobro en el plazo estipulado de 120 días a partir de su fecha de emisión."

Ejemplo:

"[...] the fully integrated straight-through processing of payments and for legal certainty with respect to the fulfilment of any **underlying obligation** between payment service users, that the full amount transferred by the payer be credited to the account of the payee."

"(25) Para el tratamiento integrado y exhaustivo de los pagos y la seguridad jurídica con respecto al cumplimiento de cualquier **obligación subyacente** entre usuarios de servicios de pago, es fundamental que se abone en la cuenta del beneficiario el importe íntegro transferido por el ordenante."

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:20...


Marta Moreno Lobera
Spain
Local time: 06:48
Specializes in field
Native speaker of: Spanish
PRO pts in category: 533
Login to enter a peer comment (or grade)



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