KudoZ question not available

22:19 Jul 9, 2012
This question was closed without grading. Reason: Answer found elsewhere

Spanish to English translations [PRO]
Law/Patents - Law: Contract(s)
Spanish term or phrase: los intereses se devengarán naturalmente y el pago es consecuencia de ello
Hello,

In a contract for the supply of services from Venezuela, interest will be charged on delayed payments. This interest "se devengará naturalmente y el pago es consecuencia de ello"... I'm not really sure what the contract is getting at.


Does anybody know exactly what is meant?


Thank you!

_________________________________________________________________

Los intereses por la deuda se calcularan utilizando como base la tasa LIBOR de treinta (30) días, incrementada en un margen de uno y medio puntos (1,5) porcentuales, tomando como base un ano comercial de trescientos sesenta (360) días.

Los intereses ***SE DEVENGAN NATURALMENTE Y EL PAGO ES CONSECUENCIA DE ELLO***, debiendo EL CONTRATISTA presentar la solicitud del pago de intereses con el cálculo de los mismos dentro de los seis (6) meses siguientes a la fecha en que haya sido recibida la factura.
Alison Imms



Discussion entries: 5





  

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.

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:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search