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account party

Arabic translation: طالب الضمان

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	account party
Arabic translation:	طالب الضمان
Entered by:	Nadia Ayoub

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15:24 Mar 18, 2011

English to Arabic translations [PRO]
Law/Patents - Law: Contract(s) / deed of gaurantee and indemnity

English term or phrase: account party

deed of guarantee and indemnity

any situation in which our or any account party's authority or ability to conduct business is limited or wholly or substantially curtailed by any seizure ....

xxxrashamagdy

طالب الضمان

Explanation:
http://www.businessdictionary.com/definition/account-party.h...

http://www.thegulfbiz.com/archive/index.php/t-13166.html
كما يجب التحصل من المراسل (المصرف الأجنبي) على التعهد التالي " أن ضمانة المقابل غير مشروط ويدفع عند أول طلب بسيط دون إثارة أية
معارضة أونزاع من جانب طالب الضمان أو أي طرف آخر" ونصه بالإنجليزية :-

THE LETTER OF GUARANTEE IS IRREVOCABLE AND COMPLETELY UNCONDITIONAL AND PAYABLE ON FIRST SIMPLE DEMAND .
NOT WITH STANDING ANY CONTESTATION BY ACCOUNT PARTY OR ANY OTHER PARTY.