beneficio del acuerdo
English translation: benefit of the agreement / benefit and binding effect / successors and assigns
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| 13:13 Mar 5, 2019 |
| Spanish to English translations [PRO] Law/Patents - Law: Contract(s) / Funds | |||||||
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|  Selected response from: Robert Carter Mexico Local time: 04:39 | ||||||
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| 4 +1 | benefit of the agreement / benefit and binding effect / successors and assigns |
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| 2 | Advantage(s) of the agreement |
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Answers
9 mins confidence: 
Advantage(s) of the agreement Explanation: This is what I would say. I think I would pluralize it. Advantage(s) of the Agreement This Agreement shall continue to be legally binding for the benefit of the Parties, even if there is a change of corporate name, the board of directors, management, legal representatives, successors and assigns. https://www.collinsdictionary.com/dictionary/spanish-english... https://books.google.com.jm/books?id=fuFjNv1bsTQC&pg=PA38&lp... |
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2 hrs confidence: peer agreement (net): +1
peer agreement (net): +1benefit of the agreement / benefit and binding effect / successors and assigns Explanation: There are various ways that this standard clause is titled in contracts, including "benefit and binding effect," "successors and assigns," "inurement," etc., as there are in Spanish ("obligatoriedad," "cesión," etc.). Benefit and Binding Effect. This Agreement shall be binding upon, and will extend to and inure to the benefit of, the Parties hereto and their respective successors, assigns, heirs, devisees and personal representatives ftp://ftp.ci.missoula.mt.us/Documents/Resolutions/7286 Exhib... General Contract Clauses: Successors and Assigns by Practical Law Commercial Transactions A Standard Clause, sometimes also referred to as a binding effect clause, stating the parties' intention that their respective successors and assigns be entitled to the benefits of, and subject to the obligations created by, the agreement. This Standard Clause has integrated notes with important explanations and drafting tips. https://uk.practicallaw.thomsonreuters.com/3-523-8024?transi... Inurement Clause Definition: A clause in a clegal [sic] document, such as a contract or will, that purports to extend the benefits of the document beyond the signatories. http://www.duhaime.org/LegalDictionary/I/InurementClause.asp... For the sake of simplicity here, I think most legals would understand what the title "benefit of the agreement" means. |
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