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risikogiver

English translation: risk transferor

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:risikogiver
English translation:risk transferor
Entered by: dmesnier

19:09 Mar 6, 2022
Norwegian to English translations [PRO]
Bus/Financial - Insurance / counter guarantee
Norwegian term or phrase: risikogiver
Hi - I'd like to verify the "risikogiver" is "risk carrier" in English (I can find absolutely no reference for it) or could it be another term. It appears as below. Thanks for your help!



Company AS, org.nr. 123 456 789 (heretter Kontragarantisten) stiller seg herved som selvskyldnerkausjonist overfor risikogiver ved XXXXXX AS, org.nr. NNNNNN (heretter SG) for samtlige forpliktelser med renter og omkostninger som risikogiver ved XX måtte bli påført i forbindelse med garantiforsikringer som stilles på vegne av Company AS, org.nr. 123 456 789.

Kontragarantisten skal løpende og uoppfordret informere risikogiver ved XX om forhold eller endringer av økonomisk og/eller selskapsrettslig karakter (inkludert fusjon, fisjon, salg av vesentlige eiendeler eller lignende disposisjoner).

Kontragarantisten skal videre på oppfordring fra risikogiver ved XX gi slik informasjon om forhold som nevnt over og andre forhold som risikogiver ved XX måtte anse av betydning for kontragarantistens oppfyllelse av sine forpliktelser overfor risikogiver ved XX eller avtaleforholdet for øvrig.
dmesnier
United States
Local time: 18:49
risk transferor
Explanation:
See the link for this:
"The judgment supports the proposition that where

one party (“Risk Transferor”) faces the possibility of, say, an engineering product failing, or an engineering products purchaser failing to pay for or meet an order, which failure would be adverse to the Risk Transferor’s interests"
Selected response from:

Charles Ek
United States
Local time: 18:49
Grading comment
Thanks for your fine help!
4 KudoZ points were awarded for this answer



Summary of answers provided
3risk transferor
Charles Ek


Discussion entries: 5





  

Answers


10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
risk transferor


Explanation:
See the link for this:
"The judgment supports the proposition that where

one party (“Risk Transferor”) faces the possibility of, say, an engineering product failing, or an engineering products purchaser failing to pay for or meet an order, which failure would be adverse to the Risk Transferor’s interests"


    https://www.lexology.com/library/detail.aspx?g=36fbd770-c515-463b-811b-5971a98896bd
Charles Ek
United States
Local time: 18:49
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Thanks for your fine help!
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