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pre-closing agreements

Swedish translation: Avtal och arrangemang gjorda innan finansiellt avslut

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15:03 Jun 3, 2001
English to Swedish translations [PRO]
Bus/Financial
English term or phrase: pre-closing agreements
pre-closing and closing deliverables, pre-closing agreements and arrangements
Linda Joelsson
Sweden
Local time: 01:15
Swedish translation:Avtal och arrangemang gjorda innan finansiellt avslut
Explanation:
In complex projects many agreements are signed before financial close. They are pre-closing agreements. At close you often have a number of "conditions precedent" which have to be fulfilled before you can start drawing down funds from banks. It could be that a certain amount of equity must have been paid by the shareholders, that an audit shall have been made and that legal opionions shall have been signed and delivered etc etc.
Selected response from:

Tore Feuk
United Kingdom
Local time: 00:15
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
naAvtal och arrangemang gjorda innan finansiellt avslut
Tore Feuk


  

Answers


9 hrs
Avtal och arrangemang gjorda innan finansiellt avslut


Explanation:
In complex projects many agreements are signed before financial close. They are pre-closing agreements. At close you often have a number of "conditions precedent" which have to be fulfilled before you can start drawing down funds from banks. It could be that a certain amount of equity must have been paid by the shareholders, that an audit shall have been made and that legal opionions shall have been signed and delivered etc etc.

Tore Feuk
United Kingdom
Local time: 00:15
Native speaker of: Native in SwedishSwedish
PRO pts in pair: 548
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