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|French to English translations [PRO]|
|French term or phrase: inscrire au nominatif pur les ... actions|
|A la garantie de restitution des actions objet des présentes et des actions nouvelles attribuées gratuitement au titre desdites actions ou à celles qui s'y substitueraient suite à une opération d'échange de regroupement ou de division d'actions, en application de la clause résolutoire convenue, l'acquéreur inscrit au nominatif pur les ………….. actions XXXXX acquises et les affecte en nantissement au profit du vendeur.|
My translation: In accordance with the avoidance clause, the Purchaser shall register ... shares in XXX and pledge the said shares to the Seller as collateral to guarantee restitution of the securities which are the object of this Contract and any new shares which may be attributed free-of-charge to the said shares or to the shares that would replace the said shares in the event of a regrouping or redivision of the shareholdings.
Can anyone confirm??? Thanks
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