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  3. Law: Contract(s)

pari alla suddetta

English translation: by this amount

11:18 Oct 23, 2018
Italian to English translations [PRO]
Law/Patents - Law: Contract(s) / purchase agreement
Italian term or phrase: pari alla suddetta
Salve.. qualcuno mi puo aiutare a capire, anche solo concettualmente, di cosa stanno parlando in questa clausola di un contratto di compravendita di una societa?
"..il prezzo è determinato assumento un importo di cassa societaria pari a zero..qualora al Closing la Cassa sia un numero positivo, il prezzo d'acquisto dovra essere aumentato euro per euro di un importo PARI ALLA SUDDETTA CASSA".

Scusate l'ignoranza, ma in che senso comprano una societa con una cassa pari a zero?? e se appunto la cassa ha un numero positivo, in che senso aumentano il prezzo euro per euro di un importo pari alla suddetta cassa?
Se qualcuno mi fa la cortesia di spiegarmi questo concetto ne saro molto grata...
nyteck
Italy
Local time: 11:49
English translation:by this amount
Explanation:
You don't need to repeat "cash" as the Italian does, or translate "euro per euro". You can just say "if the cash balance at closing is positive, the sale price will be increased by this amount".

It's perfectly possible for a company to have no cash holdings. Its assets could consist of other things, such as property, or interests in other companies.

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Note added at 43 mins (2018-10-23 12:01:45 GMT)
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Although the text doesn't say the company has a zero cash balance. It just says the purchase price assumes it's zero, but is increased by whatever cash there is.
Selected response from:

philgoddard
United States
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1by this amount
philgoddard


  

Answers


24 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
by this amount


Explanation:
You don't need to repeat "cash" as the Italian does, or translate "euro per euro". You can just say "if the cash balance at closing is positive, the sale price will be increased by this amount".

It's perfectly possible for a company to have no cash holdings. Its assets could consist of other things, such as property, or interests in other companies.

--------------------------------------------------
Note added at 43 mins (2018-10-23 12:01:45 GMT)
--------------------------------------------------

Although the text doesn't say the company has a zero cash balance. It just says the purchase price assumes it's zero, but is increased by whatever cash there is.

philgoddard
United States
Native speaker of: English
PRO pts in category: 252
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  CristianaC
2 days 3 hrs
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