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17:00 Apr 4, 2007
English to German translations [PRO] Bus/Financial - Law: Contract(s) / Senior Credit Agreement
English term or phrase:counter-indemnity obligation
Could anyone please help me with this term? Thanks a lot!
“Financial Indebtedness” means any indebtedness for or in respect of:
(J) any counter-indemnity obligation in respect of any guarantee, indemnity, bond,
letter of credit or any other instrument issued by a bank or financial institution;