Kündigungsrechte heilen

English translation: cure

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Kündigungsrechte heilen
English translation:cure
Entered by: Dr. Andrew Hudson

22:55 Oct 26, 2017
German to English translations [PRO]
Law/Patents - Law: Contract(s) / Loan Contract
German term or phrase: Kündigungsrechte heilen
This is from a bond agreement in order to finance a real estate project, in US English:

"Der Anleihegläubiger ist auch berechtigt, Kündigungsrechte der Bank unter dem Senior-Darlehen eigenständig zu heilen."

If anyone could explain what "heilen" means here, I would really appreciate it.

Thanks as always!
Dr. Andrew Hudson
United States
Local time: 10:17
cure
Explanation:
im Sinne von "beheben", durchaus übliche Wortwahl in US legal lingo, z.B. 'cure an injustice' or 'cure a misapplication of the law'

'Restore' means simply "wiederherstellen"
Selected response from:

gangels (X)
Local time: 09:17
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4 KudoZ points were awarded for this answer



Summary of answers provided
3restore
Nick Brisland, BA (Hons)
3cure
gangels (X)


Discussion entries: 1





  

Answers


45 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
restore


Explanation:
The bond creditor is also entitled to independently restore the bank's cancellation rights under the Senior Loan.

Would that make sense in context?

Nick Brisland, BA (Hons)
United Kingdom
Local time: 16:17
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
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23 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
cure


Explanation:
im Sinne von "beheben", durchaus übliche Wortwahl in US legal lingo, z.B. 'cure an injustice' or 'cure a misapplication of the law'

'Restore' means simply "wiederherstellen"

gangels (X)
Local time: 09:17
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 337
Grading comment
Thanks!
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