This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. French to English
  3. Ships, Sailing, Maritime

non reconstitution de la caution

English translation: failure to restore the guarantee/surety/deposit

11:56 Nov 23, 2013
French to English translations [PRO]
Law/Patents - Ships, Sailing, Maritime
French term or phrase: non reconstitution de la caution
Context:

Cas de déchéance
Le présent Contrat pourra être résilié de plein droit et sans indemnités :
En cas de liquidation judiciaire du Régisseur ;
En cas de cession non autorisée du présent Contrat à un tiers ;
En cas de fraude ou de malversation ;
En cas de mise en régie de plus de trente (30) jours consécutifs ;
En cas de non reconstitution du montant de la caution prévue à l’article 58
Donovan Libring
Local time: 05:58
English translation:failure to restore the guarantee/surety/deposit
Explanation:
They have to provide a guarantee, from which certain sums may be deducted. The contractor must restore this guarantee to its original amount.
Standard clause.
Selected response from:

Sandra & Kenneth Grossman
Israel
Local time: 06:58
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1failure to restore the guarantee/surety/deposit
Sandra & Kenneth Grossman
3 -1failure to supply the bond
B D Finch


  

Answers


25 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
failure to restore the guarantee/surety/deposit


Explanation:
They have to provide a guarantee, from which certain sums may be deducted. The contractor must restore this guarantee to its original amount.
Standard clause.

Sandra & Kenneth Grossman
Israel
Local time: 06:58
Native speaker of: Native in EnglishEnglish, Native in RomanianRomanian
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Daryo
3 hrs
  -> Thanks!
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
failure to supply the bond


Explanation:
This is likely to be a bank-/insurance-backed performance bond.

B D Finch
France
Local time: 05:58
Native speaker of: English
PRO pts in category: 20

Peer comments on this answer (and responses from the answerer)
disagree  Daryo: the bond is/was already there the sticking point it the amount covered by the bond
2 hrs
  -> What you suggest is actually not possible: the amount of the bond is set in the contract and bonds are set up for those specified sums. One cannot have a bond for an unspecified sum.
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search