Nov 24, 2022 14:12
1 yr ago
26 viewers *
English term

credit line revolving facility

English to Portuguese Law/Patents Law: Contract(s) business
This is part of a CONSULTANCY AGREEMENT between two companies in Angola

This Business Consultant Agreement ("Agreement") is made and effective .......

On February 11, 2021, COMPANY A and COMPANY C have signed a term sheet, in which COMPANY C grants COMPANY A a credit line revolving facility, collateralised by crude oil shipments. INTECLOG worked on structuring this deal.

The current agreement will begin April 14, 2021 and shall be in force until the date of termination of the credit line revolving facility in accordance with the term sheet signed between SOMOIL and Litasco.

Proposed translations

+4
5 mins
Selected

linha de crédito rotativo

Sugestão.

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Note added at 6 mins (2022-11-24 14:18:55 GMT)
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https://www.google.com/search?q="crédito rotativo"&oq="crédi...
Peer comment(s):

agree Paulinho Fonseca
38 mins
Obrigado!
agree Mario Freitas :
59 mins
Obrigado!
agree Clauwolf
1 hr
Obrigado!
agree Teresa Freixinho
2 days 7 hrs
Obrigado!
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
+2
3 mins

linha de crédito renovável

Peer comment(s):

agree Nuno Couto
4 hrs
Obrigada, Nuno!
agree expressisverbis
6 days
Obrigada, Sandra!
Something went wrong...
+2
7 mins

Linha de crédito rotativo

I believe this is the translation that gets the closest to the original meaning.
Peer comment(s):

agree Paulinho Fonseca
36 mins
Obrigada!
agree Clauwolf
1 hr
Obrigada!
Something went wrong...
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