waives presentment

Romanian translation: (creditorul) renunta la prezentarea la plata, la protestul de plata si la avizul de protest si

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:waives presentment
Romanian translation:(creditorul) renunta la prezentarea la plata, la protestul de plata si la avizul de protest si
Entered by: alyonarusu

11:32 Jul 30, 2013
English to Romanian translations [PRO]
Law/Patents - Law: Contract(s) / loan agreement
English term or phrase: waives presentment
Ajutati-ma sa traduc toata fraza, caci aici chiar m-am impotmolit.
Fraza dintr-un contract de imprumut, apare la urma, in sectiunea Diverse. Iata si toata fraza:
"The Borrower waives presentment for payment, protest, and notice of protest and nonpayment of this Note"
Multumesc anticipat!
alyonarusu
Moldova
Local time: 21:50
(creditorul) renunta la prezentarea la plata, la protestul de plata si la avizul de protest si
Explanation:
...de neplata a acestui titlu de credit (efect comercial)
Oxford dictionary: note: "a written promise or notice of payment of various kinds:a credit note"
Selected response from:

ANDA PENA RO
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Summary of answers provided
4(creditorul) renunta la prezentarea la plata, la protestul de plata si la avizul de protest si
ANDA PENA RO
4renunta la prezentarea unui document / act pentru plata
wordbridge
3este dispensat (sau renunta la) de procedura traditionala care consta in:
DLV Traduction


  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
este dispensat (sau renunta la) de procedura traditionala care consta in:


Explanation:
In the past (less so now), there were a number of steps that a creditor had to take before he/she could sue you on a debt. For example, the creditor had to present the note to the debtor for payment and demand that the note be paid. Well, that is no longer legally required in most jurisdictions. However, lawyers developed language waiving (giving up) the debtor's right to insist on that step. The language found its way into most promissory notes and guarantees. It became so customary that it is almost automatically inserted in these documents, even though it is usually unnecessary.

http://www.justanswer.com/real-estate-law/1a2wn-when-signing...

Example sentence(s):
  • http://www.legalforms.name/promissory-note-forms/demand-promissory-note.pdf

    Reference: http://legal-dictionary.thefreedictionary.com/presentment
DLV Traduction
France
Local time: 20:50
Specializes in field
Native speaker of: Native in FrenchFrench, Native in RomanianRomanian
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9 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
(creditorul) renunta la prezentarea la plata, la protestul de plata si la avizul de protest si


Explanation:
...de neplata a acestui titlu de credit (efect comercial)
Oxford dictionary: note: "a written promise or notice of payment of various kinds:a credit note"


    Reference: http://jurisprudentacedo.com/BEJ-executarea-silita-a-doua-bi...
    Reference: http://legeaz.net/legea-59-1934-cecului/art-32-despre-prezen...
ANDA PENA RO
Works in field
Native speaker of: Native in RomanianRomanian
PRO pts in category: 128
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Multumesc!
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15 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
renunta la prezentarea unui document / act pentru plata


Explanation:
presentment - prezentarea unui document justificativ pentru plata


    Reference: http://financial-dictionary.thefreedictionary.com/presentmen...
wordbridge
Romania
Local time: 21:50
Specializes in field
Native speaker of: Romanian
PRO pts in category: 36
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