GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:10 Jun 7, 2013 |
English to Portuguese translations [PRO] Law/Patents - Other / Facility Agreement | |||||||
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| Selected response from: Marlene Curtis United States Local time: 06:00 | ||||||
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uma alteração serve (funciona) como suspensão de utilização (drawstop) Explanation: drawstop In a loan agreement, an event, such as a breach of warranty, that gives the lender the right to refuse to make further loan advances. web3.cmvm.pt/sdi2004/fundos/docs/751RG19102004.pdf 22/10/2004 – quando se verifiquem determinadas suspensões de utilizações ao ... (“Drawstops”): alguns eventos previstos nos Contratos de Financiamento . |
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uma alteração atua como obstrução. Explanation: Sugestão. |
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uma mudança funciona como uma recusa de empréstimo/de adiantamento Explanation: draw-stop = a recusa de adiantamento ou empréstimo por falta de pagamento, falta de cumprimeto de garantias, representações, etc. http://www.mondaq.com/x/79590/Financial Services/Market Disr... http://www.proz.com/kudoz/English/finance_general/3007927-dr... http://finance.practicallaw.com/6-202-1229 In certain lending transactions, especially more heavily leveraged transactions, lenders may consider whether their ability to rely on a market disruption clause should act as a draw stop event. For example, if there is a significant change in the liquidity premium (ie the cost to the bank of obtaining funds) as it applies on the date of the term sheet produced for a certain transaction versus the liquidity premium as it applies immediately before the date on which funds are due to be advanced, could this act as a type of pre-advance material adverse change which would allow the lenders not to advance the fundingn certain lending transactions, especially more heavily leveraged transactions, lenders may consider whether their ability to rely on a market disruption clause should act as a draw stop event. For example, if there is a significant change in the liquidity premium (ie the cost to the bank of obtaining funds) as it applies on the date of the term sheet produced for a certain transaction versus the liquidity premium as it applies immediately before the date on which funds are due to be advanced, could this act as a type of pre-advance material adverse change which would allow the lenders not to advance the funding Draw-stop events usually include the occurrence of a Default (i.e. an event of default or a potential event of default), failure to satisfy conditions precedent, and failure to comply with the representations and warranties at the date of drawdown. http://employment.practicallaw.com/6-202-1229 -------------------------------------------------- Note added at 1 hora (2013-06-07 14:16:09 GMT) -------------------------------------------------- http://www.proz.com/kudoz/English/finance_general/3007927-dr... -------------------------------------------------- Note added at 1 hora (2013-06-07 15:05:43 GMT) -------------------------------------------------- draw-stop (no contexto) = a recusa de fornecer uma adiantamento, um empréstimo devido ao não cumprimento de normas ou inadimplmento. |
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