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tendrán el derecho del tanto que podrán ejercitar

English translation: (they) shall have the right of first refusal

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:tendrán el derecho del tanto que podrán ejercitar
English translation:(they) shall have the right of first refusal
Entered by: Adam Burman
Options:
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15:57 Nov 3, 2007
Spanish to English translations [PRO]
Law/Patents - Business/Commerce (general)
Spanish term or phrase: tendrán el derecho del tanto que podrán ejercitar
SÉPTIMO.- Para que un socio pueda ceder su parte social así como para la admisión de nuevos socios, será necesario el consentimiento de todos los demás socios.

Cuando la cesión se autorice a favor de una persona extraña a la sociedad, los socios tendrán el derecho del tanto que podrán ejercitar en un plazo de quince días contados desde la fecha de junta en que se hubiere otorgado la autorización.

I am not clear what "tanto" refers to here.

TIA
Adam Burman
United Kingdom
Local time: 13:44
(they) shall have the right of first refusal
Explanation:
I think it should be "tanteo"
Selected response from:

Chris Lancaster
Spain
Local time: 14:44
Grading comment
Excellent - thank you very much!
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +6(they) shall have the right of first refusal
Chris Lancaster


Discussion entries: 2





  

Answers


36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +6
(they) shall have the right of first refusal


Explanation:
I think it should be "tanteo"

Chris Lancaster
Spain
Local time: 14:44
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 44
Grading comment
Excellent - thank you very much!

Peer comments on this answer (and responses from the answerer)
agree  Henry Hinds: En México es "derecho del tanto", "right of first refusal".
12 mins
  -> Thanks, Henry

agree  psicutrinius: (DRAE): Tantear: 5. tr. Der. Dar por algo el mismo precio en que ha sido rematado en favor de otra persona, por la preferencia que concede el derecho en algunos casos, como en el de condominio.
14 mins
  -> Thank you

agree  LAURA TAPIA ESCOBAR
1 hr

agree  Nivia Martínez
5 hrs

agree  xxxJPW
22 hrs

agree  Maria523
8 days
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