Glossary entry (derived from question below)
Dutch term or phrase:
Beschikkingsperiode
English translation:
drawdown period
Added to glossary by
Bracha de Man
Apr 11, 2008 18:19
16 yrs ago
1 viewer *
Dutch term
experienced, reliable and reasonable
Native in: English 
Works in: Dutch to English, Hebrew to English, English to Dutch, and 3 more.
Beschikkingsperiode
Dutch to English
Bus/Financial
Finance (general)
Bank Facility
What is the ‘Beschikkingsperiode’ in the context of a bank facility?
My text is an offer/proposal made by a bank and includes all types of facilities (Loan facility/Guarantee facility/Facility for financing work capital, etc.)
This term appears specifically under Stand-by facility and it is defined as:
De periode gelegen tussen datum van ondertekening van de overeenkomst tot
één maand voorafgaande aan de Einddatum.
My text is an offer/proposal made by a bank and includes all types of facilities (Loan facility/Guarantee facility/Facility for financing work capital, etc.)
This term appears specifically under Stand-by facility and it is defined as:
De periode gelegen tussen datum van ondertekening van de overeenkomst tot
één maand voorafgaande aan de Einddatum.
Proposed translations
(English)
| 4 +2 | drawdown period |
CI95
|
| 3 +1 | availability period |
Andrew47
|
| 4 | Commitment period |
jarry (X)
|
Proposed translations
+2
1 hr
Selected
drawdown period
Peer comment(s):
| agree |
Dave Calderhead
22 mins
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|
Thanks Dave
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| agree |
Adrian MM. (X)
: disposal or disposition doesn't strike me as esp. meaningful in a similar context of grants: www.proz.com/kudoz/dutch_to_english/government_politics/192...
2 hrs
|
|
Thank you
|
|
| neutral |
Andrew47
: The context is wider than just loans. If they meant drawdown period would they not say 'opnemingsperiode'?
6 hrs
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My fin. lexicon says: beschikken (opnemen van een rekening)=to draw (on an account). I see your point though. //but Dave's point is better still
|
4 KudoZ points awarded for this answer.
Comment: "Thanks again!"
+1
1 hr
availability period
The period in which the facility ‘is available to’/’at the disposal of’ the customer (hij heeft de beschikking erover).
Presumably they want to stop the customer from using it one month before the end of the contract so that any outstanding amounts can be repaid within the contract period.
Presumably they want to stop the customer from using it one month before the end of the contract so that any outstanding amounts can be repaid within the contract period.
Peer comment(s):
| agree |
Kitty Brussaard
1 hr
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Thanks, it seems great minds think alike.
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| neutral |
Dave Calderhead
: all facilities given in question involve "drawing" of some sort - e.g. one uses or draws on a guarantee, overdraws on a currrent account, draws down on a loan/working capital loan, etc. thus your note to C195's answer seems inappropriate
16 hrs
|
1 day 17 hrs
Commitment period
Section 1.7 "Commitment Period" shall mean the period commencing on the earlier to occur of (i) the Effective Date or (ii) such earlier date as the Company and the Investor may mutually agree in writing, and expiring on the earliest to occur of (x) the date on which the Investors shall have purchased Put Shares pursuant to this Agreement for an aggregate Purchase Price of $15,000,000, (y) the date this Agreement is terminated pursuant to Section 2.5, or (z) the date occurring thirty-six (36) months from the date of commencement of the Commitment Period.
Section 1.6 "Commitment Amount" shall mean the $15,000,000 up to which the Investors have agreed to provide to the Company in order to purchase Put Shares pursuant to the terms and conditions of this Agreement.
See also: http://www.jstor.org/pss/2328445
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Note added at 1 day17 hrs (2008-04-13 11:52:42 GMT)
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Here is the above URL in full: http://www.techagreements.com/agreement-preview.aspx?num=129...
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Note added at 1 day17 hrs (2008-04-13 12:02:36 GMT)
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B. The Borrowers, the Administrative Agent and the Lenders desire to amend the Credit Agreement to modify the definition of "Term Loan Commitment Period" as more fully set forth herein.
1. Amendment to Definition of "Term Loan Commitment Period." The definition of "Term Loan Commitment Period" contained in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:
"Term Loan Commitment Period" means the period from and including the Closing Date through and including the date that is 240 days after the Closing Date.
http://sec.edgar-online.com/2007/04/26/0000353567-07-000028/...
Section 1.6 "Commitment Amount" shall mean the $15,000,000 up to which the Investors have agreed to provide to the Company in order to purchase Put Shares pursuant to the terms and conditions of this Agreement.
See also: http://www.jstor.org/pss/2328445
--------------------------------------------------
Note added at 1 day17 hrs (2008-04-13 11:52:42 GMT)
--------------------------------------------------
Here is the above URL in full: http://www.techagreements.com/agreement-preview.aspx?num=129...
--------------------------------------------------
Note added at 1 day17 hrs (2008-04-13 12:02:36 GMT)
--------------------------------------------------
B. The Borrowers, the Administrative Agent and the Lenders desire to amend the Credit Agreement to modify the definition of "Term Loan Commitment Period" as more fully set forth herein.
1. Amendment to Definition of "Term Loan Commitment Period." The definition of "Term Loan Commitment Period" contained in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:
"Term Loan Commitment Period" means the period from and including the Closing Date through and including the date that is 240 days after the Closing Date.
http://sec.edgar-online.com/2007/04/26/0000353567-07-000028/...
Discussion