French translation: nantissement des interets en amont et des affiliées
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16:22 Feb 17, 2007
English to French translations [PRO] Law/Patents - Law: Contract(s) / Contrat de crédit
English term or phrase:up-stream and cross-stream pledge
*UP-STREAM AND CROSS STREAM PLEDGE*: LIMITATION AND
To the extent that a Pledgor grants this Pledge to secure Secured Obligations other than its own Secured Obligations or other than Secured Obligations of one of its subsidiaries, (i.e. secure Secured Obligations of its (direct or indirect) parent companies (up-stream security) or its sister companies (cross-stream security)), ....