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release any security

German translation: Freistellung von Sicherheitsleistung

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:release any security
German translation:Freistellung von Sicherheitsleistung
Entered by: Kathi Stock
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07:06 Jan 10, 2008
English to German translations [PRO]
Law/Patents - Law: Contract(s) / Vertriebshändlervertrag
English term or phrase: release any security
Guarantors authorize the distributor, at any time at it’s sole discretion, to alter any of the terms of the guarantee obligation; to subordinate, compromise, *release any security*; to release dealer from it’s liability for all or any part of the guaranteed obligation; to participate in any settlement offered by the dealer or any guarantor, whether in liquidation, reorganization, receivership, bankruptcy, or otherwise; to release, substitute or add anyone or more guarantors or endorsers; and to assign this guarantee in whole or in part.

Verstehe ich das richtig, das der Lieferant hier die Bürgen (der Händlergesellschaft) von Sicherheitsleistungen freistellen kann?
Katja Schoone
Germany
Local time: 11:53
Freistellung von Sicherheitsleistung
Explanation:
würde ich auf jeden Fall auch so sehen. Warum auch nicht...wenn entsprechende Bedingungen vorliegen, sind die Sicherheiten nicht mehr notwendig.
Selected response from:

Kathi Stock
United States
Local time: 04:53
Grading comment
Dankeschön Kathi!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +2Freistellung von Sicherheitsleistung
Kathi Stock


  

Answers


6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
Freistellung von Sicherheitsleistung


Explanation:
würde ich auf jeden Fall auch so sehen. Warum auch nicht...wenn entsprechende Bedingungen vorliegen, sind die Sicherheiten nicht mehr notwendig.

Kathi Stock
United States
Local time: 04:53
Works in field
Native speaker of: Native in GermanGerman
PRO pts in category: 43
Grading comment
Dankeschön Kathi!

Peer comments on this answer (and responses from the answerer)
agree  mary austria
6 hrs

agree  Susanne Stöckl
22 hrs
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Changes made by editors
Jan 10, 2008 - Changes made by Kathi Stock:
Created KOG entryKudoZ term » KOG term


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