Glossary entry

inglés term or phrase:

collateral agency agreement

español translation:

acuerdo de agencia de garantias

Added to glossary by Yasmine Picero Del Valle
May 13, 2011 21:34
14 yrs ago
31 viewers *
inglés term

collateral agency agreement

inglés al español Negocios/Finanzas Finanzas (general)
The collateral agency holds security or collateral which may be liquidated and the proceeds applied on debts due it through the exercise of a power of sale in the security instrument or a nonjudicial foreclosure and is done so by such procedures if the debtor fails to pay the debt within a reasonable time after demand, unless the cost of disposing of the collateral will be disproportionate to its value or special circumstances require judicial foreclosure. The agency should provide the debtor with reasonable notice of the sale, an accounting of any surplus proceeds, and any other procedures required by contract or law.


No se cual es la exacta equivalencia en español

Contrato de Agencia Grarantizadora, Contrato de Fiador... please I'd appreciate a lot your help!

Proposed translations

10 horas
Selected

acuerdo de agencia de garantias

I see these a lot. In syndicated finance agreements a security/collateral agent is appointed (agente de garantias

A collateral agency agreement allows one lending institution to act in specified respects as agent for all of the various secured lenders.


24 Ene 2007 ... Agente de garantías: Se reconoce legalmente esta figura para facilitar la administración de las garantías dadas en una operación de ...
www.economiaynegocios.cl/mis_finanzas/.../detalle_fin.asp?.... - Cached - Similar
The collateral agency holds security or collateral which may be liquidated and the proceeds applied on debts due it through the exercise of a power of sale in the security instrument or a nonjudicial foreclosure and is done so by such procedures if the debtor fails to pay the debt within a reasonable time after demand, unless the cost of disposing of the collateral will be disproportionate to its value or special circumstances require judicial foreclosure. The agency should provide the debtor with reasonable notice of the sale, an accounting of any surplus proceeds, and any other procedures required by contract or law.
http://answers.yahoo.com/question/index?qid=20060927091204AA...

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Note added at 15 hrs (2011-05-14 13:30:26 GMT)
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or

contrato de agencia de garantias
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4 KudoZ points awarded for this answer. Comment: "thanks a lot!!!!"
16 minutos

Acuerdo de garantía / Entidad garante

Según el texto, para mí es un acuerdo o contrato de garantía
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