Glossary entry (derived from question below)
English term or phrase:
material judgment
English answer:
relevant & significant judgment
Added to glossary by
Manuel Cedeño Berrueta
Feb 11, 2007 03:01
17 yrs ago
4 viewers *
English term
material judgment
English
Bus/Financial
Law: Contract(s)
business law_loan agreement_list of events of default
Hello.
Can someone confirm or refute if, in this context, “material” is used with the meaning of “relevant and significant”?
It appears in an Unsecured Revolving Credit Facility, as one of the events considered as *events of default*:
PS: A Spanish translation wouldn’t hurt either.
Many thanks in advance, as always.
Manuel
Can someone confirm or refute if, in this context, “material” is used with the meaning of “relevant and significant”?
It appears in an Unsecured Revolving Credit Facility, as one of the events considered as *events of default*:
PS: A Spanish translation wouldn’t hurt either.
Many thanks in advance, as always.
Manuel
Responses
+6
25 mins
Ioanna Karamanou
United States
United States
Native in English
&
English
Specializes in field
United States
Native in: English 
, Greek
Works in: Greek to English, English to Greek, English, and 5 more.
Related KudoZ points
:
16
Selected
I think so
I can't see what other meaning could be used in this context...
Peer comment(s):
| agree |
ErichEko ⟹⭐
2 hrs
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thanks!
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| neutral |
Charlesp
: not necessarily
3 hrs
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what would be the alternative?
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| agree |
TrueBaller
5 hrs
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thanks!
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| agree |
David Moore (X)
7 hrs
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thanks!
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| agree |
Dave Calderhead
7 hrs
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thanks!
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| agree |
Vicky Papaprodromou
7 hrs
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thanks!
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| agree |
Alfa Trans (X)
6 days
|
4 KudoZ points awarded for this answer.
Comment: "Millions of thanks, to all of you.
Manuel
"
4 hrs
a judgment which would affect the ability of the party to fufil his/her obligations underthecontract
ie having some relevance to the Unsecured Revolving Credit Facility being entered into.
Discussion
I gave the points to Ioanna, but in my translation I used the phrase provided by you.
Many thanks indeed for your help!