Glossary entry (derived from question below)
English term or phrase:
existent option agreement
Italian translation:
patto d\'opzione
Added to glossary by
Francesco D'Arcangeli
Jul 19, 2021 17:18
2 yrs ago
9 viewers *
English term
existent option agreement
English to Italian
Law/Patents
Law: Contract(s)
lands
The Options are Option Agreements on plots of lands (the Plots), this is taken from a contract of sale:
"All the Options relating to the Plots are existent (not putative), valid, effective and fully enforceable (including, in case the Owners fail or refuse to execute the purchase agreement, the enforceability before the competent court - pursuant to section 2932 of the Italian civil code - of the Owner's obligation to conclude the purchase agreement in order to obtain a jurisdictional decision having the same effects of such purchase agreement) and will not expire earlier than 31 December 2016, with the exception of the Option for the Plot E and Plot F which will not expire earlier than 15 February 2017 (i.e. at least by this date the Subsidiary may cali any and all owners of the Plots to sell the relevant Plot and acquire the ownership title to any and all Plots)."
"All the Options relating to the Plots are existent (not putative), valid, effective and fully enforceable (including, in case the Owners fail or refuse to execute the purchase agreement, the enforceability before the competent court - pursuant to section 2932 of the Italian civil code - of the Owner's obligation to conclude the purchase agreement in order to obtain a jurisdictional decision having the same effects of such purchase agreement) and will not expire earlier than 31 December 2016, with the exception of the Option for the Plot E and Plot F which will not expire earlier than 15 February 2017 (i.e. at least by this date the Subsidiary may cali any and all owners of the Plots to sell the relevant Plot and acquire the ownership title to any and all Plots)."
Proposed translations
(Italian)
5 | patto d'opzione | Emanuela Di Rosa |
Proposed translations
3 days 19 hrs
Selected
patto d'opzione
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Note added at 3 days 19 hrs (2021-07-23 12:32:42 GMT)
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https://www.google.com/amp/s/www.studiocataldi.it/amp/news.a...
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Note added at 3 days 19 hrs (2021-07-23 12:32:42 GMT)
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https://www.google.com/amp/s/www.studiocataldi.it/amp/news.a...
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