This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. English to German
  3. Law: Contract(s)

corporate guarantor

German translation: gemeinsame Bürgen

12:51 Nov 19, 2020
English to German translations [PRO]
Bus/Financial - Law: Contract(s) / Gesellschaftsrecht
English term or phrase: corporate guarantor
DEr Satz lautet wie folgt:
The Existing Shareholders ("Corporate Guarantor(s)"), each separately and independent from each other (a/s Teilschuldner) and (if not expressly stated otherwise) pro rata to the Shares held by them at the Signing and Closing Dates to the overall share capital as set out in Preamble (C), but to the extent the following representations and warranties relate to Shares only with respect to the Shares held by the relevant Existing Shareholder hereby represent and warrant towards the New-lnvestors in the form of an independent guarantee (selbstständiges Garantieversprechen) within the meaning of sec. 311 para. 1 German Civil Code, Bürgerliches Gesetzbuch (8GB) that all of the statements contained in Annex 4.1 ("Corporate Guarantees"), are true and accurate as of the Closing Date.
Heike Thomas
Local time: 15:30
German translation:gemeinsame Bürgen
Explanation:
Corporate Guarantors means, together, the Aegean Marine Guarantor and the Aegean Shipholdings Guarantor and "Corporate Guarantor" means either of them - https://www.lawinsider.com/dictionary/corporate-guarantors

Gemeinsame Bürgschaft. Viele Bürgen sehen in der gemeinsamen Haftung eine Möglichkeit, ihren eigenen Schaden zu begrenzen - https://www.handwerk-magazin.de/buergschaft-das-sollten-schu...

So wenn bei gemeinsamer Bürgschaft des Alleinaktionärs und eines Dritten für Schulden der Gesellschaft eine vom gleichen Alleinaktionär beherrschte andere Gesellschaft die verbürgte Forderung erwirbt und gegen den Mitbürgen geltend macht. - https://www.bger.ch/ext/eurospider/live/de/php/clir/http/ind...
Selected response from:

gofink
Austria
Local time: 15:30
Grading comment
3 KudoZ points were awarded for this answer



Summary of answers provided
3gemeinsame Bürgen
gofink


Discussion entries: 1





  

Answers


2 days 4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
corporate guarantors
gemeinsame Bürgen


Explanation:
Corporate Guarantors means, together, the Aegean Marine Guarantor and the Aegean Shipholdings Guarantor and "Corporate Guarantor" means either of them - https://www.lawinsider.com/dictionary/corporate-guarantors

Gemeinsame Bürgschaft. Viele Bürgen sehen in der gemeinsamen Haftung eine Möglichkeit, ihren eigenen Schaden zu begrenzen - https://www.handwerk-magazin.de/buergschaft-das-sollten-schu...

So wenn bei gemeinsamer Bürgschaft des Alleinaktionärs und eines Dritten für Schulden der Gesellschaft eine vom gleichen Alleinaktionär beherrschte andere Gesellschaft die verbürgte Forderung erwirbt und gegen den Mitbürgen geltend macht. - https://www.bger.ch/ext/eurospider/live/de/php/clir/http/ind...

gofink
Austria
Local time: 15:30
Does not meet criteria
Native speaker of: Native in GermanGerman
PRO pts in category: 46
Notes to answerer
Asker: Ich denke, dass dies in diesem Fall nicht passt, trotzdem vielen Dank für Ihre Hilfe!

Login to enter a peer comment (or grade)



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