Spanish translation: Cancelación o Liberación de Avales Bancarios
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English to Spanish translations [PRO] Bus/Financial - Finance (general) / Bank Guarantee
English term or phrase:bank guarantee release
Bank Guarantee Release. The releaseof the Bank Guaratee(s) shall be made in respect of each Marketing Authorisation COnsent within fifteen days of receipt by Buyer of such MArketing Authorisation Consent and in the amount which is equal to the percentage in the second column in the table in Section 8.05 set against the name of the Product for which Marketing Authorisation COnsent has been received, multiplied by eleven million euros.