Accordion Option

Portuguese translation: Opção de empréstimo adicional

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	Accordion Option
Portuguese translation:	Opção de empréstimo adicional
Entered by:	André Soares

21:31 Sep 26, 2019

English to Portuguese translations [PRO]
Bus/Financial - Law: Contract(s) / Loan, facilities, line of credit

English term or phrase: Accordion Option

Context:

"The Borrowers may at any time, by giving not less than 10 Business Days' prior written notice to the Agent (an "Accordion Option Request Notice"), request that the Total Facility A Commitments be increased (the "Accordion Requested Increase") (and the Total Facility A Commitments may be so increased) by an aggregate amount not exceeding EUR XXXXXX (the "Accordion Increased Commitments") as follows:"

Definition:
"Accordion Option means, on any date prior to the termination of the Reinvestment Period on which the aggregate outstanding principal amount of the Advances is at least equal to U.S.$155,000,000, the option of the Company to request in writing (which may be by email) (an "Accordion Option Request") from the Administrative Agent and the Financing Providers an increase of the Financing Commitments to U.S.$235,000,000."
Source: "https://www.lawinsider.com/dictionary/accordion-option"

André Soares KudoZ activity Questions: 6 (none open) Answers: 0 Brazil
Local time: 22:27

Opção de empréstimo adicional

Explanation:
https://www.whitecase.com/publications/alert/incremental-fac...

accordion = incremental facilities

incremental facilities - empréstimos adicional

https://www.pressreader.com/brazil/valor-economico/20170112/...

--------------------------------------------------
Note added at 44 mins (2019-09-26 22:16:06 GMT)
--------------------------------------------------

consertando o erro anterior:

* empréstimos adicionais

Selected response from:

Isadora Vital
United States

Grading comment

4 KudoZ points were awarded for this answer

Summary of answers provided

4 +2

Opção de empréstimo adicional

Isadora Vital

Opção Acordeon / Opção de ampliação do crédito / Opção Elástico

Mario Freitas

Answers

33 mins confidence:

peer agreement (net): +2

accordion option

Opção de empréstimo adicional

Isadora Vital
United States
Native speaker of:

Portuguese
PRO pts in category: 4

Notes to answerer

Asker: Muito obrigado Isadora, adorei as fontes! Realmente bate com tudo que pesquisei até o momento.

2 hrs confidence:

accordion option Opção Acordeon / Opção de ampliação do crédito / Opção Elástico

Explanation:
Parece que é apenas o nome que deram à modalidade de empréstimo. Você pode traduzir ao pé da letra ou usar um termo mais explicativo, desde que haja uma explicação no contexto. Neste caso há, portanto, qualquer termo que você escolher estará de bom tamanho, já que estará explicado abaixo.

Mario Freitas
Brazil
Local time: 22:27
Specializes in field
Native speaker of:

English
PRO pts in category: 531

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

Accordion Option

Portuguese translation: Opção de empréstimo adicional

Answers

KudoZ™ translation help

Your current localization setting

Select a language

Accordion Option

Portuguese translation: Opção de empréstimo adicional

Answers

KudoZ™ translation help

You have native languages that can be verified

Your current localization setting

Select a language