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English to Chinese translations [PRO] Law/Patents - Finance (general)
English term or phrase:the claim against the Surety has prescribed
The Surety waives the benefits conferred on it in terms of the Prescription Act No.
48 of 1969 (as amended from time to time) both in regard to prescription running in respect of the Secured Debt and in respect of its obligations in terms of the Suretyship and agrees it shall be precluded from pleading as a defence against any claim by the Lender that the claim against the Surety has prescribed.------时效法案,....但最后一句"the claim against the Surety has prescribed."不知道修饰前面的什么? 谢谢