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  3. Law: Contract(s)

Bond and Floating Charge Facility

15:39 Feb 12, 2019
This question was closed without grading. Reason: Other

English to French translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: Bond and Floating Charge Facility
The Parties acknowledge that the Company is presently working with AAAAA plc (“the Bank”), and the latter provides financial facilities to the Company, such as lease purchase agreements or overdraft facility, according to arrangements with the Bank whereby the Bank, in consideration of such facilities, is beneficiary of personal guarantees from XXX and YYY in addition to a “Bond and Floating Charge Facility“ as described in the Data Room

Merci de votre aie. Je n'ai malheureusement aucune définition ni autre contexte
Sylvie André
France
Local time: 07:43


Summary of answers provided
4une obligation et un arrangement financier aux charges flottantes
Francois Boye


Discussion entries: 2





  

Answers


9 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
bond and floating charge facility
une obligation et un arrangement financier aux charges flottantes


Explanation:
my take

Francois Boye
United States
Local time: 01:43
Native speaker of: Native in FrenchFrench
PRO pts in category: 221

Peer comments on this answer (and responses from the answerer)
neutral  Germaine: Dans une banque, à ma connaissance, une "facility" est une "faclilité". Ici, on parle de garanties, alors "bond" = débenture (UK) ou cautionnement (US/CA). La charge flottante étant une sûreté, je doute qu’on parle d’un cautionnement, mais bon...
1 day 4 hrs
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