German to English translations [PRO]
Bus/Financial | | German term or phrase: Sie werden uns Ihre Ansprüche... an die Firma... abtreten | Where are the claims being assigned in the following sentence: to "us" or to the "company at the respective level"?
"Im Gegenzug hierfür werden Sie uns Ihre Ansprüche aus dem Kreditvertrag vom [] an die Firma in der entsprechenden Höhe abtreten, die dann jedoch nachrangig gemäß dieser Vereinbarung sein werden." |
|   David RumseyKudoZ activityQuestions: 1516 ( 6 open) ( 31 without valid answers) ( 7 closed without grading) Answers: 78
United States
| | Local time: 17:48
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| | English translation:see paragraph below | Explanation:
This is the way I understand that sentence. I'm sure you can rearrange the wording to fit your document and context.
In consideration thereof, you shall assign to us your claims against the company arising from credit agreement dated [] in the respective/ corresponding/appropriate amount, whereby pursuant to the present agreement said claims shall be subordinate (to ???).
HTH!
Im Gegenzug hierfür werden Sie uns Ihre Ansprüche aus dem Kreditvertrag vom [] an die Firma in der entsprechenden Höhe abtreten, die dann jedoch nachrangig gemäß dieser Vereinbarung sein werden."
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| Selected response from:
Beth Kantus
United States
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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9 mins | see paragraph below
Explanation:
This is the way I understand that sentence. I'm sure you can rearrange the wording to fit your document and context.
In consideration thereof, you shall assign to us your claims against the company arising from credit agreement dated [] in the respective/ corresponding/appropriate amount, whereby pursuant to the present agreement said claims shall be subordinate (to ???).
HTH!
Im Gegenzug hierfür werden Sie uns Ihre Ansprüche aus dem Kreditvertrag vom [] an die Firma in der entsprechenden Höhe abtreten, die dann jedoch nachrangig gemäß dieser Vereinbarung sein werden."
| Beth Kantus
United States
Native speaker of:  English
PRO pts in pair: 924
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2 days6 hrs | ...assign us ..your claims against xyz company, arising from...
Explanation:
Definitely the writer of the document demands from the addressee to assign the claims, the latter has against a third party to the former.
The tongue of my mom
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