https://www.proz.com/kudoz/portuguese-to-english/law%3A-contracts/3091187-benef%C3%ADcio-da-excuss%C3%A3o-pr%C3%A9via.html

Glossary entry

Portuguese term or phrase:

benefício da excussão prévia

English translation:

surety's right to require execution to be directed against the principal debtor before the creditor

Added to glossary by peterinmadrid
Feb 17, 2009 17:28
15 yrs ago
23 viewers *
Portuguese term

benefício da excussão prévia

Portuguese to English Law/Patents Law: Contract(s) Industrial Water Supply Contract
Cláusula Sétima
Estatuto de Garante

constituindo-se, nomeadamente, sua fiadora e principal pagadora das respectivas obrigações pecuniárias, com expressa renúncia ao benefício da excussão prévia, durante o prazo de duração deste contrato e suas eventuais prorrogações, sem dependência de prazo, ainda que se verifiquem alterações legais ou contratuais

Discussion

Clayton Causey Feb 20, 2009:
An additional note that does not necessarily apply in this case: when this phrase has to do with real estate, an appropriate translation would be: first mortgage (rights) as opposed to second mortgage (rights).

Proposed translations

5 hrs
Selected

surety's right to require execution to be directed against the principal debtor before the creditor

Fonte Conselho da Europa e Banco Europeu de Investimento
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4 KudoZ points awarded for this answer. Comment: "Thank you, Teresa."
+1
29 mins

expressly renoucing/waving the benefits to early payment

hope it helps
Peer comment(s):

agree Maria Cristina Vasconcelos
2 hrs
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3 hrs

(guarantor's) plea directing the creditor to the principal debtor

i.e. if this defence or plea is waived, the guarantor accepts primary liability.

Using Roman civil law terms like excussio(n) is not very helpful.

IATE:

PT benefício de prévia excussão
EN surety's right to require execution to be directed against the principal debtor before the creditor levies execution on the surety

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