Glossary entry

English term or phrase:

term-out date

Spanish translation:

Fecha de cancelación

Added to glossary by Annie E
Oct 17, 2011 19:37
13 yrs ago
5 viewers *
English term

term-out date

English to Spanish Law/Patents Law: Contract(s) Second Omnibus Amendment - power generation
(ix) “Interest Period” shall mean, with respect to any Loan, each period commencing on the date such Loan is made or the last day of the next preceding Interest Period for such Loan and ending on the numerically corresponding day in the third calendar month thereafter, or if any such day is not a Business Day, the next succeeding Business Day; provided that (i) each Interest Period that commences on the last Business Day of a calendar month (or on any day for which there is no numerically corresponding day in the appropriate subsequent calendar month) shall end on the last Business Day of the appropriate subsequent calendar month; (ii) each Interest Period commencing during the duration of an existing Interest Period shall end on the same day as such existing Interest Period and (iii) that any Interest Period commencing before the Construction Loan Maturity Date or the **Term-Out Date** that would otherwise end after the Construction Loan Maturity Date or the Term-Out Date, as applicable, will end on the Construction Loan Maturity Date or the **Term-Out Date**, as applicable.

Thank you!
Proposed translations (Spanish)
4 Fecha de cancelación

Discussion

Annie E (asker) Oct 18, 2011:
You've hit on the problem exactly. I am translating an Amendment of the original agreement. I'm "Term-Out Date" IS defined in the main Agreement, but I don't have any access to that document.
FVS (X) Oct 18, 2011:
I am virtually certain that the 'term-out date' will be defined in this agreement. This definition is what we need to be certain here.

Proposed translations

29 mins
Selected

Fecha de cancelación

Mi propuesta
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1 KudoZ points awarded for this answer. Comment: "Muy agradecida, Carmen."

Reference comments

33 mins
Reference:

se refiere a la fecha de transferencia interna de deuda en el balance a traves de la capitalizacion

No se si existe un termino contable preciso en espanol para esto, pero aqui estan las definiciones ...

The transfer of debt within a company's balance sheet without acquiring new debt. This is done through the capitalization of short-term to long-term debt. By changing the characteristic of debt on the balance sheet, companies can improve their working capital situation as well as take advantage of lower interest rates, based upon the projection that they will rise in the future.

Read more: http://www.investopedia.com/terms/t/termout.asp#axzz1b4Rqu4E...

http://www.businessdictionary.com/definition/term-out.html
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