Drawstop Event

09:54 Feb 6, 2024
English to French translations [PRO]
Law/Patents - Law: Contract(s) / ONG
English term or phrase: Drawstop Event
"A Default or a Drawstop Event is “continuing” if it has not been remedied to the satisfaction of the Lender or waived.?"

S'agit-il d'un arrêt de tirage ?

D'avance merci !
Virginie T
Local time: 04:45


Summary of answers provided
2evenement suspensif du retrait de fonds
Ana Vozone


Discussion entries: 2





  

Answers


33 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
drawstop event
evenement suspensif du retrait de fonds


Explanation:
Would this work?

https://www.google.com/search?q="evenement suspensif"&oq="ev...

Drawstop Event means a breach by the Company of a Financial Covenant which remains unremedied or unwaived and prevents the Company from drawing financial

https://www.google.com/search?q=" retrait des fonds"&sca_esv...

Ana Vozone
Local time: 03:45
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 15

Peer comments on this answer (and responses from the answerer)
neutral  Germaine: ou plutôt "suspensif de l'avance de fonds" puisque c'est le prêteur qui en décide. Cf. discussion
5 hrs
  -> Germaine, please make your suggestion too. If you notice, I merely wanted to help and I think "evenement suspensif" is correct. It is a sort of a clue to help the asker...
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