loan receipt

08:53 Apr 18, 2018
English to Flemish translations [PRO]
Law/Patents - Law: Contract(s) / Agreement to provide insurance and indemnification
English term or phrase: loan receipt
context:
To the extent of the risks and liabilities assumed by Service Provider under this Agreement, all insurance policies of Service Provider in any way providing coverage relating to the provision of the Services by Service Provider pursuant to this Agreement, will contain provisions that the insurance companies will have no right of recovery or subrogation, whether by **loan receipt**, equitable assignment, express or implied or otherwise, against Your Company.

LOAN RECEIPT
Document signed by the Assured where he acknowledges receipt of money advanced by the insurance company as an interest-free loan (instead of payment of a loss) repayable to the insurance company only if the loss is recovered from a third party and then only to the extent of the recovery.
https://www.lectlaw.com/def/l051.htm

Iemand een idee hoe dit in het Nederlands heet?
Bij voorbaat dank!
Lotte Nouwkens
Local time: 07:27



  

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:

Your current localization setting

English

Select a language

Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search