Glossary entry (derived from question below)
English term or phrase:
a change acts as a drawstop.
Portuguese translation:
uma mudança funciona como uma recusa de empréstimo/de adiantamento
Added to glossary by
Marlene Curtis
Jun 7, 2013 13:10
10 yrs ago
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English term
a change acts as a drawstop.
English to Portuguese
Law/Patents
Other
Facility Agreement
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Change log
Oct 8, 2013 13:59: Marlene Curtis changed "Edited KOG entry" from "<a href="/profile/91583">Edna Almeida's</a> old entry - "a change acts as a drawstop. "" to ""uma mudança funciona como uma recusa de empréstimo/de adiantamento ""
Proposed translations
58 mins
Selected
uma mudança funciona como uma recusa de empréstimo/de adiantamento
draw-stop = a recusa de adiantamento ou empréstimo por falta de pagamento, falta de cumprimeto de garantias, representações, etc.
http://www.mondaq.com/x/79590/Financial Services/Market Disr...
http://www.proz.com/kudoz/English/finance_general/3007927-dr...
http://finance.practicallaw.com/6-202-1229
In certain lending transactions, especially more heavily leveraged transactions, lenders may consider whether their ability to rely on a market disruption clause should act as a draw stop event. For example, if there is a significant change in the liquidity premium (ie the cost to the bank of obtaining funds) as it applies on the date of the term sheet produced for a certain transaction versus the liquidity premium as it applies immediately before the date on which funds are due to be advanced, could this act as a type of pre-advance material adverse change which would allow the lenders not to advance the fundingn certain lending transactions, especially more heavily leveraged transactions, lenders may consider whether their ability to rely on a market disruption clause should act as a draw stop event. For example, if there is a significant change in the liquidity premium (ie the cost to the bank of obtaining funds) as it applies on the date of the term sheet produced for a certain transaction versus the liquidity premium as it applies immediately before the date on which funds are due to be advanced, could this act as a type of pre-advance material adverse change which would allow the lenders not to advance the funding
Draw-stop events usually include the occurrence of a Default (i.e. an event of default or a potential event of
default), failure to satisfy conditions precedent, and failure to comply with the representations and warranties at
the date of drawdown.
http://employment.practicallaw.com/6-202-1229
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Note added at 1 hora (2013-06-07 14:16:09 GMT)
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http://www.proz.com/kudoz/English/finance_general/3007927-dr...
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Note added at 1 hora (2013-06-07 15:05:43 GMT)
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draw-stop (no contexto) = a recusa de fornecer uma adiantamento, um empréstimo devido ao não cumprimento de normas ou inadimplmento.
http://www.mondaq.com/x/79590/Financial Services/Market Disr...
http://www.proz.com/kudoz/English/finance_general/3007927-dr...
http://finance.practicallaw.com/6-202-1229
In certain lending transactions, especially more heavily leveraged transactions, lenders may consider whether their ability to rely on a market disruption clause should act as a draw stop event. For example, if there is a significant change in the liquidity premium (ie the cost to the bank of obtaining funds) as it applies on the date of the term sheet produced for a certain transaction versus the liquidity premium as it applies immediately before the date on which funds are due to be advanced, could this act as a type of pre-advance material adverse change which would allow the lenders not to advance the fundingn certain lending transactions, especially more heavily leveraged transactions, lenders may consider whether their ability to rely on a market disruption clause should act as a draw stop event. For example, if there is a significant change in the liquidity premium (ie the cost to the bank of obtaining funds) as it applies on the date of the term sheet produced for a certain transaction versus the liquidity premium as it applies immediately before the date on which funds are due to be advanced, could this act as a type of pre-advance material adverse change which would allow the lenders not to advance the funding
Draw-stop events usually include the occurrence of a Default (i.e. an event of default or a potential event of
default), failure to satisfy conditions precedent, and failure to comply with the representations and warranties at
the date of drawdown.
http://employment.practicallaw.com/6-202-1229
--------------------------------------------------
Note added at 1 hora (2013-06-07 14:16:09 GMT)
--------------------------------------------------
http://www.proz.com/kudoz/English/finance_general/3007927-dr...
--------------------------------------------------
Note added at 1 hora (2013-06-07 15:05:43 GMT)
--------------------------------------------------
draw-stop (no contexto) = a recusa de fornecer uma adiantamento, um empréstimo devido ao não cumprimento de normas ou inadimplmento.
4 KudoZ points awarded for this answer.
Comment: "Obrigada!"
47 mins
uma alteração serve (funciona) como suspensão de utilização (drawstop)
drawstop
In a loan agreement, an event, such as a breach of warranty, that gives the lender the right to refuse to make further loan advances.
web3.cmvm.pt/sdi2004/fundos/docs/751RG19102004.pdf
22/10/2004 – quando se verifiquem determinadas suspensões de utilizações ao ... (“Drawstops”): alguns eventos previstos nos Contratos de Financiamento .
In a loan agreement, an event, such as a breach of warranty, that gives the lender the right to refuse to make further loan advances.
web3.cmvm.pt/sdi2004/fundos/docs/751RG19102004.pdf
22/10/2004 – quando se verifiquem determinadas suspensões de utilizações ao ... (“Drawstops”): alguns eventos previstos nos Contratos de Financiamento .
1 hr
uma alteração atua como obstrução.
Sugestão.
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