German translation: Rechtsgutachten zur Durchsetzbarkeit
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English to German translations [PRO] Bus/Financial - Law (general)
English term or phrase:legal enforceability opinions
One advantage of pooled facilities is that they use standard transaction documents which reduce transaction costs for each project.
The typical set of transaction documents are:
- the offering memorandum or official statement
- trust agreement or indenture for the pooled financing
- loan agreements between the facility and local borrowers in the pool
- authorizing resolutions of the local borrowers
- legal enforceability opinions by local counsel