Glossary entry

English term or phrase:

Corporate Refund Recourse Undertaking

Spanish translation:

Compromiso de reembolso empresarial

Added to glossary by Jürgen Lakhal De Muynck
Dec 7, 2011 08:30
12 yrs ago
2 viewers *
English term

Corporate Refund Recourse Undertaking

English to Spanish Law/Patents Law: Contract(s) Deed of agreement
Procedure:

1. Lessor and Lessee execute, sign and initiate the Deed of Agreement, which thereby automatically becomes a full commercial recourse contract.
2. Within 24 hours after both parties sign the Agreement, Lessor will issue a signed and sealed Corporate Refund Recourse Undertaking to the Lessee guarantying to refund Lessee all the cost incurred by lessee for the bank transmission charges.
3. Within 48 hours after Lessee receives Lessor's signed and sealed Corporate Refund Recourse Undertaking, Lessee will make payment by wire transfer into the Lessor's bank account for the bank transmission charges for the XXXXX swift transmission to the Lessee's bank account.

thanks a lot

Proposed translations

1 hr
Selected

Compromiso de reembolso empresarial

En mi opinión, el término "recourse" aquí no añade nada y su traducción no haría más que confundir, así que yo lo suprimiría.
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4 KudoZ points awarded for this answer. Comment: "muchas gracias"
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