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17:53 Feb 15, 2009
German to English translations [PRO] Law/Patents - Law (general)
German term or phrase:Vorwegbeleihung
Der Verkaeufer ist mit einer Vorwegbeleihung des Vertragsgegenstandes bis zur Hoehe von 500,000 DM einverstanden.
Derek Gill Franßen Germany Local time: 13:20 Specializes in field Native speaker of: English PRO pts in category: 728
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Explanation: Please refer to the two reference links given below.
This Collateral Pledge and Security Agreement (as supplemented from time to time, this "Pledge Agreement")
The collateral pledge can be handled in one of two ways. The government unit and the institution can enter into a two-party agreement under which the institution pledges securities to secure only that local government's deposits...