Glossary entry

Italian term or phrase:

né convenirsi alcuna cessione di credito

English translation:

nor will you agree to any transfer/sale of credit

Added to glossary by mudit888
May 21, 2017 17:10
6 yrs ago
Italian term

né convenirsi alcuna cessione di credito

Italian to English Law/Patents Law: Contract(s)
Su tale pagamento non potrà avere effetto alcun sequestro, né convenirsi alcuna cessione di credito, ferma restando la possibilità per la società fornitrice di dare mandato irrevocabile all’incasso delle fatture presso un determinato istituto di credito.

Proposed translations

2 hrs
Selected

nor will you agree to any transfer/sale of credit

I think this is about factoring. I think the creditor company agrees not to sell its receivables in such a way as to interfere with the debtor company's wishes as to where the debtor company can pay the debt.
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