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14:26 Feb 22, 2006
English to Spanish translations [PRO] Bus/Financial - Law: Contract(s) / Loan Agreement
English term or phrase: for value (HELP PLS!!!)
I can't get the meaning of that phrase within this context:
... at the rate per annum increased by five per cent determined by the Lender to be the rate at which it is able to acquire deposits in the relevant currency, for such period as the Lender may select in its discretion ***FOR VALUE*** two Business Days immediately succeeding that date on which the Lender becomes aware of the failure...