exercer exigibilité

English translation: if YYY comes to exercice their right to demand (re)payment

13:34 Nov 16, 2019

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

French term or phrase: exercer exigibilité

Analysis by French auditors of the demise over several years of a French company (XXX) in a multinational group centred in the US. QQQ here is a "real" US company, RRR is a US holding company and YYY is a sort of dummy French company set up to hold property and rent it back to XXX at high prices.

"La lettre de confort de QQQ à XXX prévoit que QQQ fournira le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY."

...

"A cet égard, la lettre de confort de QQQ à XXX prévoyant que QQQ fournisse le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY et veille à ce que RRR ait les moyens de rembourser sa dette vis-à-vis de YYY, n'a pas permis à la société XXX d'éviter la perte de substance effectivement subie en 2015."

...

"Le fait que la lettre de confort de QQQ à XXX prévoit que QQQ fournisse le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY et veille à ce que RRR ait les moyens de rembourser sa dette vis-à-vis de YYY, ne justifie pas l'intérêt de l'opération pour XXX et conduit a posieriori à lier le sort de la perte de substance de [nnn] m€ subie par XXX à celui de la société QQQ."

Mpoma KudoZ activity Questions: 1027 (4 open) (91 closed without grading) Answers: 384 United Kingdom
Local time: 02:02

English translation:if YYY comes to exercice their right to demand (re)payment

Explanation:
"exigibilité" refers only to the right to demand (re)payment of what is due.

"enforcement" would happen only if the debtor doesn't pay and courts get involved to force the debtor to pay.

Selected response from:

Daryo
United Kingdom
Local time: 02:02

Grading comment

Thanks
3 KudoZ points were awarded for this answer

Summary of answers provided

4 +2

if YYY comes to exercice their right to demand (re)payment

Daryo

1 -2

to enforce repayment / to enforce repayability on demand (repayment / repayability enforced by YYY)

andres-larsen

Discussion entries: 1

Answers

1 hr confidence:

peer agreement (net): -2

to enforce repayment / to enforce repayability on demand (repayment / repayability enforced by YYY)

Explanation:
to enforce repayment / to enforce repayability on demand (repayment / repayability on demand enforced by YYY)

sources:

Le grand dictionnaire Hachette-Oxford: français-anglais, ...
https://books.google.com › books
Marie-Hélène Corréard, ‎Oxford Dictionaries,, ‎Valerie Grundy - 2007 - ‎Foreign Language Study
... toute discrimination exercée en raison de la nationalité any discrimination on .... on being paid/recognized; vous exigez trop d'eux you're too demanding of ... exigibilité /Exigibilite/ nf (d'impôt, de traite) payability; (de dette) repayability; ...

Repayment clauses - Crossland Employment Solicitors
https://www.crosslandsolicitors.com › site › media › knowledge › repayme...
Jump to Enforcing repayment clauses - Repayment clauses are normally enforced through the civil courts. Alternatively, if an employee brings a breach of ...

Lending with Costly Enforcement of Repayment and ... - NBER
www.nber.org › papers
J Eaton - ‎1985 - ‎
Lending with Costly Enforcement of Repayment and Potential Fraud. Jonathan Eaton. NBER Working Paper No. 1697 (Also Reprint No. r0829) Issued in ...

An on demand loan really is repayable 'on demand' - LexisNexis
https://www.lexisnexis.co.uk › blog › restructuring-and-insolvency › an-on-...
Feb 27, 2014 - An on demand loan really is repayable 'on demand' ... **excludes LexisPSL Practice Compliance, Practice Management and Risk and ...

Tribunals, Courts and Enforcement Act 2007: chapter 15, ...
https://books.google.com › books
Great Britain - 2007 - ‎Law
In particular, it confirms that the terms "enforcement restriction order" and ... the debt is due, he fails to pay it (if the debt is repayable by a single payment) or, ...

andres-larsen
Venezuela
Local time: 21:02
Native speaker of:

English
PRO pts in category: 42

11 hrs confidence:

peer agreement (net): +2

en cas d'exigibilité exercée par YYY

if YYY comes to exercice their right to demand (re)payment

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

Serbian,

French
PRO pts in category: 195

Grading comment

Thanks

Notes to answerer

Asker: Yes, again, convincing and fits the context. Thanks.

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exercer exigibilité

English translation: if YYY comes to exercice their right to demand (re)payment

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