English to German translations [PRO]
Bus/Financial - Finance (general) / Stillhalteabkommen | | English term or phrase: non default rates | | Deferral of Interest: During the Standstill Period, interest, commissions, fees (other than legal expenses), costs and other expenses in respect of Facilities will continue to accrue and be charged at the rates and for the periods and on the dates applicable provided for in Existing Documentation save that (i) any such interest shall be charged and accrue ****at non default rates**** notwithstanding that any Credit Party may have a right to charge default rates under Existing Documentation and (ii) actual payment of any such interest, commissions, fees, costs and other expenses by the Group company liable therefor shall be deferred until the Termination Date when all such accrued interest, commissions, fees, costs and other expenses shall immediately fall due for payment to the Credit Party without demand. |
|   Olaf ReibedanzKudoZ activityQuestions: 5573 ( 18 open) ( 5 without valid answers) ( 35 closed without grading) Answers: 3010
Argentina
| | Local time: 09:57
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| | nicht zum Verzugszinssatz | Explanation:
obwohl der Schuldner im Zahklungsverzug ist (ergo das Abkommen) braucht er keine Verzugszinsen zu zahlen, sondern nur die (vermutlich erhöhten) normalen Zinsen |
| Selected response from:
Hans G. Liepert
Switzerland
Local time: 14:57
| Grading comment Vielen Dank!
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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20 mins confidence:   peer agreement (net): +2 nicht zum Verzugszinssatz
Explanation:
obwohl der Schuldner im Zahklungsverzug ist (ergo das Abkommen) braucht er keine Verzugszinsen zu zahlen, sondern nur die (vermutlich erhöhten) normalen Zinsen
| Hans G. Liepert
Switzerland
Local time: 14:57
Specializes in field
Native speaker of:  German
PRO pts in category: 2004
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