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droit de liquidité directe

English translation: liquidity rights

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11:10 Jan 16, 2008
French to English translations [PRO]
Bus/Financial - Finance (general)
French term or phrase: droit de liquidité directe
In a shareholders' agreement, the title of the following clause is "droit de liquidité directe en cas de cession de controle": Nonobstant toutes stipulations contraires du present pacte, les investisseurs financiers s'engagent en cas de cession de controle a faire en sorte que l'intégralité des titres des entités du management puisse etre transférée au cessionnaire des titres concernés a la place des titres de la société détenus par ces entités, a condition que les statuts de celles-ci le permettent, pour un prix par action égal pour chaque entité du management au quotient de ....." Apologies for the lack of accents but I can't work out how to insert accents using a keyboard that doesn't have a number pad!
Sarah Russell
United Kingdom
Local time: 11:40
English translation:liquidity rights
Explanation:
Use the plural. No need for 'direct'in the heading -- leave that to be spelled out in the clause itself.
Selected response from:

rkillings
United States
Local time: 03:40
Grading comment
Thanks very much!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3liquidity rightsrkillings


  

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20 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
liquidity rights


Explanation:
Use the plural. No need for 'direct'in the heading -- leave that to be spelled out in the clause itself.

rkillings
United States
Local time: 03:40
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1140
Grading comment
Thanks very much!
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