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by assignment and assumption

German translation: durch Abtretung und Übernahme

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	by assignment and assumption
German translation:	durch Abtretung und Übernahme
Entered by:	Nina Edenhofer

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12:10 Apr 3, 2007

English to German translations [PRO]
Bus/Financial - Law: Contract(s) / Senior Credit Agreement

English term or phrase: by assignment and assumption

Hi, can anyone please help me with an authentic German expression for this English term? Thanks a lot!

Context: The Existing Lender transfers by assignment and assumption to the New Lender the Existing Lender’s rights and obligations referred to in the Schedule below in accordance with the terms of the Agreement.

Nina Edenhofer KudoZ activity Questions: 12 (none open) (1 without valid answers) Answers: 0 Germany
Local time: 06:30

durch Abtretung und Übernahme

Explanation:
Die Übertragung der in ... genannten Rechte und Pflichten des Bestehenden Darlehensgebers auf den Neuen Darlehensgeber erfolgt durch Abtretung und Übernahme.

Selected response from:

Michaela Sommer
Local time: 06:30

Grading comment

Thanks very much!
4 KudoZ points were awarded for this answer

Summary of answers provided

3 +1

durch Abtretung und Übernahme

Michaela Sommer

Answers

14 mins confidence:

peer agreement (net): +1

durch Abtretung und Übernahme

Explanation:
Die Übertragung der in ... genannten Rechte und Pflichten des Bestehenden Darlehensgebers auf den Neuen Darlehensgeber erfolgt durch Abtretung und Übernahme.

Michaela Sommer
Local time: 06:30
Specializes in field
Native speaker of:

German
PRO pts in category: 284
16 corroborated select projects
in this pair and field

Grading comment

Thanks very much!

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by assignment and assumption

German translation: durch Abtretung und Übernahme

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by assignment and assumption

German translation: durch Abtretung und Übernahme

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KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

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The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.