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percentage liability

Spanish translation: Responsabilidad porcentual

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:percentage liability
Spanish translation:Responsabilidad porcentual
Entered by: Armando Pattroni
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12:54 Aug 31, 2001
English to Spanish translations [PRO]
Law/Patents
English term or phrase: percentage liability
In consideration of the credit established by THE BANK under THE FINANCE CONTRACT and subject to the terms hereof, including Article 3, each GUARANTOR hereby severally, but not jointly, guarantees to the extent of its percentage liability as provided in Article 3 hereof, the payment of all principal monies, interest, commission, liquidated damages, charges, expenses and other monies (each such sum payable by THE BORROWER under THE FINANCE CONTRACT being hereinafter referred to as a "Guaranteed Sum") which are expressed to be payable from time to time by THE BORROWER under THE FINANCE CONTRACT, provided that the maximum aggregate liability of all GUARANTORS hereunder shall be limited to the Maximum Amount provided in Article 3, and provided further that the maximum aggregate liability of each GUARANTOR hereunder shall be limited to such GUARANTOR'S percentage liability provided in Article 3.
sibila
Responsabilidad porcentual
Explanation:
Habiendo leido el contexto.
Selected response from:

Armando Pattroni
Peru
Local time: 23:38
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
nasu respectiva parte porcentual
Cecilia Olmos Herbin
naResponsabilidad porcentual
Armando Pattroni
naporcentage de responsabilidadPaul Stevens


  

Answers


1 hr
porcentage de responsabilidad


Explanation:
Hope that this helps

Paul Stevens
Local time: 04:38
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 31
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1 hr
Responsabilidad porcentual


Explanation:
Habiendo leido el contexto.

Armando Pattroni
Peru
Local time: 23:38
Native speaker of: Spanish
PRO pts in pair: 327
Login to enter a peer comment (or grade)

1 day 5 hrs
su respectiva parte porcentual


Explanation:
I would say:

"..., siempre que el total máximo de la deuda afianzada por todos los garantes/ fiadores no supere el Monto Máximo especificado en el Artículo 3, y siempre que el total máximo de la deuda afianzada por cada garante/fiador no supere su respectiva parte porcentual"

Two or more persons are guaranteeing somebody else\'s debt. The agreement specifies that the guarantors will be severally but not jointly liable, i.e., each will be liable for their own part of the debt, and not for the total debt.
All guarantors will be liable for a maximum total specified amount (Art. 3), and each guarantor will be liable for his/her own part of that total amount only.

Hope it helps!

Cecilia Olmos Herbin
Local time: 01:38
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 15
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