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Borrower hereby authorises without its prior authority thereto

Chinese translation: 见下

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06:04 Apr 26, 2008
English to Chinese translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: Borrower hereby authorises without its prior authority thereto
The term "the Lender" shall for all purposes of this Pledge be deemed to mean and include any assign to whom or in favour of whom the Lender may in terms of the Facility Letter cede all or any of its rights under the Facility Letter, and the Borrower hereby authorises without its prior authority thereto having first been obtained a cession or sub-pledge of this Pledge to any such permitted assign,

这句 the Borrower hereby authorises without its prior authority thereto having first been obtained a cession or sub-pledge of this Pledge to any such permitted assign, 看不太懂...
Milton Guo
China
Local time: 19:48
Chinese translation:见下
Explanation:
and the Borrower hereby authorises without its prior authority thereto having first been obtained a cession or sub-pledge of this Pledge to any such permitted assign,
在之前未首先予以授权的情况下,借方据此向任何此类获准的受让人授予对此抵押进行转让或再抵押的权力。
供参考。

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Note added at 1 hr (2008-04-26 07:05:06 GMT)
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sorry, sub-pledge应该是分质押/次级抵押……
Selected response from:

pastoral taylor
China
Local time: 19:48
Grading comment
Thanks a million
4 KudoZ points were awarded for this answer

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Summary of answers provided
4见下
pastoral taylor


Discussion entries: 2





  

Answers


48 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
borrower hereby authorises without its prior authority thereto
见下


Explanation:
and the Borrower hereby authorises without its prior authority thereto having first been obtained a cession or sub-pledge of this Pledge to any such permitted assign,
在之前未首先予以授权的情况下,借方据此向任何此类获准的受让人授予对此抵押进行转让或再抵押的权力。
供参考。

--------------------------------------------------
Note added at 1 hr (2008-04-26 07:05:06 GMT)
--------------------------------------------------

sorry, sub-pledge应该是分质押/次级抵押……

pastoral taylor
China
Local time: 19:48
Specializes in field
Native speaker of: Native in ChineseChinese
PRO pts in category: 4
Grading comment
Thanks a million
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