Glossary entry

Spanish term or phrase:

fianza solidaria, incondicionada, de ejecución automática, sin beneficio de excusión

English translation:

joint and several, unconditional, automatically enforceable bond without benefit of excussio

Added to glossary by Vero G. Martinez
Aug 21, 2007 16:20
16 yrs ago
17 viewers *
Spanish term

fianza solidaria, incondicionada, de ejecución automática, sin beneficio de excusión

Spanish to English Law/Patents Law: Contract(s)
Por la presente constituimos fianza solidaria, irrevocable, incondicionada y **de ejecucion automática, sin beneficio de excusion,** a fin de garantizar el cumplimiento de la compañia minera de todas las obligaciones a su cargo establecidas en el contrato de cesion minera.

Tengo dificultades con: de ejecucion automatica y sin beneficio de excusion
Change log

Aug 21, 2007 16:47: Fabio Descalzi changed "Term asked" from "fianza solidaria, incondicionada, de ejecucion automatica, sin beneficio de ex.." to "fianza solidaria, incondicionada, de ejecución automática, sin beneficio de excusión" , "Field" from "Other" to "Law/Patents"

Proposed translations

+3
17 mins
Spanish term (edited): fianza solidaria, incondicionada, de ejecucion automatica, sin beneficio de ex..
Selected

joint and several, unconditional, automatically enforceable bond without benefit of excussio

benefit of excussio = guarantor's right to force creditor to enforce against the debtor before it enforces against the guarantor

bonds/guarantees are enforced....
Peer comment(s):

agree Margarita Ezquerra (Smart Translators, S.L.)
4 mins
thanks
agree AllegroTrans
12 mins
thanks
agree Manuel Rossetti (X)
36 mins
thanks
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4 KudoZ points awarded for this answer. Comment: "Gracias"
+1
12 mins
Spanish term (edited): fianza solidaria, incondicionada, de ejecucion automatica, sin beneficio de ex..

Unconditional surety bond without the benefit of excussio and of automatic execution

Or, Unconditional surety bond of automatic execution and without the benefit of excussio.

See: "affect the users’ right to demand Standard Services supply as an alternative. ..... unconditional, and automatic execution Bond without benefit of excussio ..."
www.proinversion.gob.pe/.../Circular_018_Concesion_TCC_Zona... -
Example sentence:

Ej: shall submit the Bidder as a certification of having paid for the right to ...... automatic execution warrant bond without benefit of excussio or division ...

Ej:... 2004 HTML 305K 14: EX-10.8 Registration Rights Agreement Dated October 6, .... without benefit of excussio and of automatic execution; or alternatively, ...

Peer comment(s):

agree Celina Segovia
58 mins
Muchas gracias, Celina.
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