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whether present, future, actual or contingent

English translation: Yes, the obligation to repay is absolute, in any, and all circumstances.

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15:36 Nov 26, 2008
English to English translations [PRO]
Law/Patents - Law (general)
English term or phrase: whether present, future, actual or contingent
"indebtedness" includes any obligation (whether incurred as principal or as surety) for the payment or repayment of money, whether pressent, future, actual or contingent.

Does the "present, future, actual, contingent" refer to the obligation of the payment/repayment?
ZenonStyczyrz
Local time: 11:54
English translation:Yes, the obligation to repay is absolute, in any, and all circumstances.
Explanation:

The statement leaves no circumstance in which the obligation is to be waived, or not repaid.
Selected response from:

Demi Ebrite
United States
Local time: 04:54
Grading comment
Thank you
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +7Yes, the obligation to repay is absolute, in any, and all circumstances.
Demi Ebrite


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +7
Yes, the obligation to repay is absolute, in any, and all circumstances.


Explanation:

The statement leaves no circumstance in which the obligation is to be waived, or not repaid.

Demi Ebrite
United States
Local time: 04:54
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 40
Grading comment
Thank you

Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia
2 mins
  -> Thank you, Miguel.

agree  orientalhorizon
4 mins
  -> Thank you, orientalhorizon.

agree  Ken Cox: IMO the intention here is to explicitly include all categories of indebteness so nobody (or their lawyer) can claim exemption.
5 mins
  -> Thank you, Ken ~ well said.

agree  inmb: yes, indebtedness, as defined here, covers everything, even contingent liabilities
8 mins
  -> Thank you, inmb.

agree  Lalit Sati
18 mins
  -> Thank you, Lalit.

agree  Gary D
7 hrs
  -> Thank you, Gary.

agree  Phong Le
11 hrs
  -> Thank you, Phong.
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