Nov 16, 2019 13:34
4 yrs ago
4 viewers *
French term
exercer exigibilité
French to English
Bus/Financial
Finance (general)
Analysis by French auditors of the demise over several years of a French company (XXX) in a multinational group centred in the US. QQQ here is a "real" US company, RRR is a US holding company and YYY is a sort of dummy French company set up to hold property and rent it back to XXX at high prices.
"La lettre de confort de QQQ à XXX prévoit que QQQ fournira le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY."
...
"A cet égard, la lettre de confort de QQQ à XXX prévoyant que QQQ fournisse le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY et veille à ce que RRR ait les moyens de rembourser sa dette vis-à-vis de YYY, n'a pas permis à la société XXX d'éviter la perte de substance effectivement subie en 2015."
...
"Le fait que la lettre de confort de QQQ à XXX prévoit que QQQ fournisse le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY et veille à ce que RRR ait les moyens de rembourser sa dette vis-à-vis de YYY, ne justifie pas l'intérêt de l'opération pour XXX et conduit a posieriori à lier le sort de la perte de substance de [nnn] m€ subie par XXX à celui de la société QQQ."
"La lettre de confort de QQQ à XXX prévoit que QQQ fournira le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY."
...
"A cet égard, la lettre de confort de QQQ à XXX prévoyant que QQQ fournisse le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY et veille à ce que RRR ait les moyens de rembourser sa dette vis-à-vis de YYY, n'a pas permis à la société XXX d'éviter la perte de substance effectivement subie en 2015."
...
"Le fait que la lettre de confort de QQQ à XXX prévoit que QQQ fournisse le soutien financier nécessaire à RRR pour remplir ses obligations à long terme en cas d'exigibilité exercée par YYY et veille à ce que RRR ait les moyens de rembourser sa dette vis-à-vis de YYY, ne justifie pas l'intérêt de l'opération pour XXX et conduit a posieriori à lier le sort de la perte de substance de [nnn] m€ subie par XXX à celui de la société QQQ."
Proposed translations
(English)
| 4 +2 | if YYY comes to exercice their right to demand (re)payment |
Daryo
|
| 1 -2 | to enforce repayment / to enforce repayability on demand (repayment / repayability enforced by YYY) |
andres-larsen
|
Proposed translations
+2
11 hrs
French term (edited):
en cas d'exigibilité exercée par YYY
Selected
if YYY comes to exercice their right to demand (re)payment
"exigibilité" refers only to the right to demand (re)payment of what is due.
"enforcement" would happen only if the debtor doesn't pay and courts get involved to force the debtor to pay.
"enforcement" would happen only if the debtor doesn't pay and courts get involved to force the debtor to pay.
Note from asker:
| Yes, again, convincing and fits the context. Thanks. |
Peer comment(s):
| agree |
Shabelula
: whenever/if YYY exercises his/her right to demand
12 hrs
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or any other variation to the same effect. Thanks!
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| disagree |
GILLES MEUNIER
: payability
15 hrs
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Ah yes, the MT that tilted and got stuck on the read button ... Boring
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| agree |
AllegroTrans
21 hrs
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Thanks!
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| agree |
Michael Confais (X)
3 days 12 hrs
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Merci!
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3 KudoZ points awarded for this answer.
Comment: "Thanks"
-2
1 hr
andres-larsen
Venezuela
Venezuela
Native in English
Venezuela
freelance translator
Native in: English 
Works in: Spanish to English, English to Spanish, German to English, and 3 more.
Related KudoZ points
:
42
to enforce repayment / to enforce repayability on demand (repayment / repayability enforced by YYY)
to enforce repayment / to enforce repayability on demand (repayment / repayability on demand enforced by YYY)
sources:
Le grand dictionnaire Hachette-Oxford: français-anglais, ...
https://books.google.com › books
Marie-Hélène Corréard, Oxford Dictionaries,, Valerie Grundy - 2007 - Foreign Language Study
... toute discrimination exercée en raison de la nationalité any discrimination on .... on being paid/recognized; vous exigez trop d'eux you're too demanding of ... exigibilité /Exigibilite/ nf (d'impôt, de traite) payability; (de dette) repayability; ...
Repayment clauses - Crossland Employment Solicitors
https://www.crosslandsolicitors.com › site › media › knowledge › repayme...
Jump to Enforcing repayment clauses - Repayment clauses are normally enforced through the civil courts. Alternatively, if an employee brings a breach of ...
Lending with Costly Enforcement of Repayment and ... - NBER
www.nber.org › papers
J Eaton - 1985 -
Lending with Costly Enforcement of Repayment and Potential Fraud. Jonathan Eaton. NBER Working Paper No. 1697 (Also Reprint No. r0829) Issued in ...
An on demand loan really is repayable 'on demand' - LexisNexis
https://www.lexisnexis.co.uk › blog › restructuring-and-insolvency › an-on-...
Feb 27, 2014 - An on demand loan really is repayable 'on demand' ... **excludes LexisPSL Practice Compliance, Practice Management and Risk and ...
Tribunals, Courts and Enforcement Act 2007: chapter 15, ...
https://books.google.com › books
Great Britain - 2007 - Law
In particular, it confirms that the terms "enforcement restriction order" and ... the debt is due, he fails to pay it (if the debt is repayable by a single payment) or, ...
sources:
Le grand dictionnaire Hachette-Oxford: français-anglais, ...
https://books.google.com › books
Marie-Hélène Corréard, Oxford Dictionaries,, Valerie Grundy - 2007 - Foreign Language Study
... toute discrimination exercée en raison de la nationalité any discrimination on .... on being paid/recognized; vous exigez trop d'eux you're too demanding of ... exigibilité /Exigibilite/ nf (d'impôt, de traite) payability; (de dette) repayability; ...
Repayment clauses - Crossland Employment Solicitors
https://www.crosslandsolicitors.com › site › media › knowledge › repayme...
Jump to Enforcing repayment clauses - Repayment clauses are normally enforced through the civil courts. Alternatively, if an employee brings a breach of ...
Lending with Costly Enforcement of Repayment and ... - NBER
www.nber.org › papers
J Eaton - 1985 -
Lending with Costly Enforcement of Repayment and Potential Fraud. Jonathan Eaton. NBER Working Paper No. 1697 (Also Reprint No. r0829) Issued in ...
An on demand loan really is repayable 'on demand' - LexisNexis
https://www.lexisnexis.co.uk › blog › restructuring-and-insolvency › an-on-...
Feb 27, 2014 - An on demand loan really is repayable 'on demand' ... **excludes LexisPSL Practice Compliance, Practice Management and Risk and ...
Tribunals, Courts and Enforcement Act 2007: chapter 15, ...
https://books.google.com › books
Great Britain - 2007 - Law
In particular, it confirms that the terms "enforcement restriction order" and ... the debt is due, he fails to pay it (if the debt is repayable by a single payment) or, ...
Peer comment(s):
| disagree |
Daryo
: these are all only illustrations for your presumed meaning - there is no "enforcement" in this ST, ONLY a "demand for payment"
9 hrs
|
| disagree |
AllegroTrans
: No enforcement at the stage of a demand (calling-in of a liability), that would only follow if the demand is unesuccessful
1 day 7 hrs
|
Discussion