tiene carácter de mérito ejecutivo para las partes

English translation: is enforceable by /binding on the parties

18:26 Jan 8, 2013
Spanish to English translations [PRO]
Law/Patents - Insurance
Spanish term or phrase: tiene carácter de mérito ejecutivo para las partes
El presente contrato tiene carácter de mérito ejecutivo para las partes.

The phrase appears at the end of a gratuitous loan agreement.

Does it simply mean that it's legally enforceable (upon the parties)?

Your suggestions are appreciated
Richard Hill
Mexico
Local time: 16:14
English translation:is enforceable by /binding on the parties
Explanation:
I think your assumption is correct.
Selected response from:

Billh
Local time: 22:14
Grading comment
Thanks, Bill :)
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2is enforceable by /binding on the parties
Billh


  

Answers


7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
is enforceable by /binding on the parties


Explanation:
I think your assumption is correct.

Billh
Local time: 22:14
Native speaker of: Native in EnglishEnglish
PRO pts in category: 69
Grading comment
Thanks, Bill :)

Peer comments on this answer (and responses from the answerer)
agree  Charles Davis: Precisely so: it can be "ejecutado" in the event of breach.
48 mins
  -> eso. Thanks Charles.

agree  Alejandro Alcaraz Sintes
3 hrs
  -> Thanks Alejandro.
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