titre(s) réalisé(s) en premier lieu

English translation: sold first

08:34 Jan 25, 2017

French to English translations [PRO]
Bus/Financial - Finance (general)

French term or phrase: titre(s) réalisé(s) en premier lieu

Hi,

It is part of a credit agreement, in the mortgage note section.

I am not sure how to translate "réalisé".

Here is the sentence.
Thanks in advance for your help

"La Banque est en droit de déterminer à son gré quel(s) titre(s) doit/doivent être réalisé(s) en premier lieu et à quelle(s) créance(s) sera affecté le produit de réalisation."

IAN TAIT KudoZ activity Questions: 20 (3 open) (1 without valid answers) (1 closed without grading) Answers: 0 France
Local time: 03:18

English translation:sold first

Explanation:
It is not securities that are being sold, but the mortgage loan itself. The proceeds will then be used to payoff any amounts owed.

Selected response from:

Octavio Armendariz
United States
Local time: 18:18

Grading comment

Thanks for your help.
4 KudoZ points were awarded for this answer

Summary of answers provided

sold first

Octavio Armendariz

security/securities realised first

AllegroTrans

2 -2

securities made

Louisa Tchaicha

Discussion entries: 1

Answers

1 hr confidence:

peer agreement (net): -2

securities made

Explanation:
Just a suggestion

Louisa Tchaicha
Tunisia
Local time: 02:18
Works in field
Native speaker of: English
PRO pts in category: 8

3 hrs confidence:

sold first

Explanation:
It is not securities that are being sold, but the mortgage loan itself. The proceeds will then be used to payoff any amounts owed.

Octavio Armendariz
United States
Local time: 18:18
Specializes in field
Native speaker of: English
PRO pts in category: 12

Grading comment

Thanks for your help.

12 hrs confidence:

security/securities realised first

Explanation:
To "realise" a security means releasing its monetary value. In the case of mortgaged prioperty, this would normally imply selling.

[...] operation of the asset until such time as it may,
possibly, be able to realise its security by bringing in a new operator.
unidroit.org

[...] la continuité de l'exploitation jusqu'à, éventuellement,
la réalisation de sa sûreté en substituant un nouvel opérateur.

Methods of Realisation and Enforcing Security in respect of Irish Real ...
www.arthurcox.com/.../Arthur-Cox-Methods-of-Realisation-and...
This is the most straight- forward and commonly used practice for enforcing security in Ireland. Realising value from the property could take time (for example ..

AllegroTrans
United Kingdom
Local time: 02:18
Specializes in field
Native speaker of:

English
PRO pts in category: 267

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titre(s) réalisé(s) en premier lieu

English translation: sold first

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titre(s) réalisé(s) en premier lieu

English translation: sold first

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