Glossary entry (derived from question below)
French term or phrase:
ENCP
English translation:
borrower's commitment not to transfer the loan ("engagement de non cession des parts")
Added to glossary by
suewiddicombe
Apr 29, 2012 22:30
12 yrs ago
French term
United Kingdom
Translations Italian / French to English
Native in: English
Works in: French to English, Italian to English
ENCP
French to English
Bus/Financial
Real Estate
Property investment loan guarantees
Under a list of guarantees required from the borrower by the lender for the financing of a property deal (the lender being a bank):
"GARANTIES:
- IPPD en premier rang et sans concurrence
- ***ENCP*** des parts de l'Emprunteur
- Cession Dailly..."
Can't seem to find this on google. Any ideas? Many thanks
"GARANTIES:
- IPPD en premier rang et sans concurrence
- ***ENCP*** des parts de l'Emprunteur
- Cession Dailly..."
Can't seem to find this on google. Any ideas? Many thanks
Proposed translations
(English)
| 3 | non-transferability of the loan |
cc in nyc
|
| 5 | Engagement de Non Cession des Parts |
jeannoz
|
Change log
May 4, 2012 05:38: suewiddicombe changed "Edited KOG entry" from "<a href="/profile/1453241">suewiddicombe's</a> old entry - "ENCP"" to ""non-transferability of the loan on the part of the borroweer (\"engagement de non cession des parts\")""
May 4, 2012 05:38: suewiddicombe changed "Edited KOG entry" from "<a href="/profile/1453241">suewiddicombe's</a> old entry - "ENCP"" to ""borrower's commitment not to transfer the loan ("engagement de non cession des parts")""
Proposed translations
15 hrs
Selected
non-transferability of the loan
Perhaps there's a better way of saying this.
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Note added at 15 hrs (2012-04-30 14:13:28 GMT)
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(non-transferability on the part of the borrower)
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Note added at 1 day19 hrs (2012-05-01 17:48:02 GMT)
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I might reword this as:
Payment obligation may not be transferred by the borrower
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Note added at 15 hrs (2012-04-30 14:13:28 GMT)
--------------------------------------------------
(non-transferability on the part of the borrower)
--------------------------------------------------
Note added at 1 day19 hrs (2012-05-01 17:48:02 GMT)
--------------------------------------------------
I might reword this as:
Payment obligation may not be transferred by the borrower
4 KudoZ points awarded for this answer.
Comment: "Thanks"
59 mins
Engagement de Non Cession des Parts
Il s'agit d'un engagement de non cession des parts sociales.
Note from asker:
| Thanks, Jeannoz, this was certainly helpful but I needed a translation. |
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