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Beschikkingsperiode

English translation: drawdown period

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Dutch term or phrase:	Beschikkingsperiode
English translation:	drawdown period
Entered by:	Bracha de Man

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18:19 Apr 11, 2008

Dutch to English translations [PRO]
Bus/Financial - Finance (general) / Bank Facility

Dutch term or phrase: Beschikkingsperiode

What is the ‘Beschikkingsperiode’ in the context of a bank facility?

My text is an offer/proposal made by a bank and includes all types of facilities (Loan facility/Guarantee facility/Facility for financing work capital, etc.)

This term appears specifically under Stand-by facility and it is defined as:
De periode gelegen tussen datum van ondertekening van de overeenkomst tot
één maand voorafgaande aan de Einddatum.

Bracha de Man KudoZ activity Questions: 89 (1 open) (4 without valid answers) Answers: 0
Local time: 09:56

drawdown period

Explanation:
http://contracts.onecle.com/looksmart/transceptgate.loan.200...

Selected response from:

CI95
Local time: 08:56

Grading comment

Thanks again!
4 KudoZ points were awarded for this answer

Summary of answers provided
4 +2	drawdown period	CI95
4	Commitment period	xxxjarry
3 +1	availability period	Andrew47

Discussion entries: 2

Answers

1 hr confidence:

peer agreement (net): +1

availability period

Explanation:
The period in which the facility ‘is available to’/’at the disposal of’ the customer (hij heeft de beschikking erover).
Presumably they want to stop the customer from using it one month before the end of the contract so that any outstanding amounts can be repaid within the contract period.

Andrew47
Local time: 08:56
Works in field
Native speaker of:

English
PRO pts in category: 4

1 hr confidence:

peer agreement (net): +2

drawdown period

Explanation:
http://contracts.onecle.com/looksmart/transceptgate.loan.200...

CI95
Local time: 08:56
Native speaker of:

English
PRO pts in category: 27

Grading comment

Thanks again!

1 day17 hrs confidence:

Commitment period

Explanation:
Section 1.7 "Commitment Period" shall mean the period commencing on the earlier to occur of (i) the Effective Date or (ii) such earlier date as the Company and the Investor may mutually agree in writing, and expiring on the earliest to occur of (x) the date on which the Investors shall have purchased Put Shares pursuant to this Agreement for an aggregate Purchase Price of $15,000,000, (y) the date this Agreement is terminated pursuant to Section 2.5, or (z) the date occurring thirty-six (36) months from the date of commencement of the Commitment Period.

Section 1.6 "Commitment Amount" shall mean the $15,000,000 up to which the Investors have agreed to provide to the Company in order to purchase Put Shares pursuant to the terms and conditions of this Agreement.

See also: http://www.jstor.org/pss/2328445

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Note added at 1 day17 hrs (2008-04-13 11:52:42 GMT)
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Here is the above URL in full: http://www.techagreements.com/agreement-preview.aspx?num=129...

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Note added at 1 day17 hrs (2008-04-13 12:02:36 GMT)
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B. The Borrowers, the Administrative Agent and the Lenders desire to amend the Credit Agreement to modify the definition of "Term Loan Commitment Period" as more fully set forth herein.
1. Amendment to Definition of "Term Loan Commitment Period." The definition of "Term Loan Commitment Period" contained in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:
"Term Loan Commitment Period" means the period from and including the Closing Date through and including the date that is 240 days after the Closing Date.

http://sec.edgar-online.com/2007/04/26/0000353567-07-000028/...

Reference: http://www.techagreements.com/agreement-preview.aspx?num=129...

xxxjarry
South Africa
Local time: 08:56
Specializes in field
Native speaker of: English
PRO pts in category: 353

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Beschikkingsperiode

English translation: drawdown period

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Beschikkingsperiode

English translation: drawdown period

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KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

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