преимущественное перед последующим залогодержателем право выбора

English translation: shall have the preemptive right over subsequent pledges to...

10:31 Nov 17, 2019
Russian to English translations [PRO]
Law/Patents - Law: Contract(s)
Russian term or phrase: преимущественное перед последующим залогодержателем право выбора
Из договора залога:

... в случае если при обращении взыскания на Предмет залога последующим залогодержателем Залогодержатель также предъявит требование об обращении взыскания на Предмет залога, Залогодержатель имеет преимущественное перед последующим залогодержателем право выбора порядка обращения взыскания на Предмет залога и способа реализации заложенного имущества, включая определение оценщика, организатора торгов и цены реализации;

...

...the Pledgee shall have a priority over the subsequent pledgee in choosing the procedure for levying execution on...and the form of disposal of the pledged property...

?
responder
Russian Federation
Local time: 03:00
English translation:shall have the preemptive right over subsequent pledges to...
Explanation:
Ещё один вариант.

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Note added at 8 дн (2019-11-25 11:12:55 GMT)
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Pledges конечно

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Note added at 8 дн (2019-11-25 11:16:00 GMT)
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Pledgees! Коварный iPad убирает вторую «е» и заставляет меня в очередной раз извиняться.
Selected response from:

Vadim Zotov
Russian Federation
Local time: 03:00
Grading comment
Спасибо, Вадим! Конечно, я сразу понял, что это чисто техническая ошибка.
4 KudoZ points were awarded for this answer



Summary of answers provided
4shall have first claim over subsequent pledgees/creditors
David Knowles
4right of preference over subsequent pledgees
YESHWANT UMRALKAR
4shall have the preemptive right over subsequent pledges to...
Vadim Zotov


  

Answers


25 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
shall have first claim over subsequent pledgees/creditors


Explanation:
Don't like "pledgee", but you may be stuck with it. I'd prefer "creditor"

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Note added at 26 mins (2019-11-17 10:58:41 GMT)
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https://www.investopedia.com/terms/b/back-taxes.asp
The lien does not mean that the asset will be sold. Instead, it ensures that the tax authority gets first claim over other creditors vying for the individual’s or business’ property.

David Knowles
Local time: 01:00
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 359
Notes to answerer
Asker: Unfortunately, "pledgee" is a defined term here...

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14 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
right of preference over subsequent pledgees


Explanation:
Article 107 OHADA
"Where an asset is the subject of a non-possessory pledge, the right of preference of the first pledgee shall be binding on the subsequent pledgee where the first pledge was regularly published notwithstanding the .............."

https://www.droit-afrique.com/uploads/OHADA-Uniform-Act-2010...


    https://www.droit-afrique.com/uploads/OHADA-Uniform-Act-2010-securities.pdf
YESHWANT UMRALKAR
India
Local time: 05:30
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
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40 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
shall have the preemptive right over subsequent pledges to...


Explanation:
Ещё один вариант.

--------------------------------------------------
Note added at 8 дн (2019-11-25 11:12:55 GMT)
--------------------------------------------------

Pledges конечно

--------------------------------------------------
Note added at 8 дн (2019-11-25 11:16:00 GMT)
--------------------------------------------------

Pledgees! Коварный iPad убирает вторую «е» и заставляет меня в очередной раз извиняться.

Vadim Zotov
Russian Federation
Local time: 03:00
Specializes in field
Native speaker of: Russian
PRO pts in category: 20
Grading comment
Спасибо, Вадим! Конечно, я сразу понял, что это чисто техническая ошибка.
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