Glossary entry

Spanish term or phrase:

supuesto de Evento de Aceleracion

English translation:

presumed Acceleration Event

Added to glossary by lopatita
Dec 5, 2019 23:21
4 yrs ago
8 viewers *
Spanish term

supuesto de Evento de Aceleracion

Spanish to English Bus/Financial Finance (general) corporate debt market notes
....la razón de cobertura para el Servicio de Deuda de los Certificados, calculada al 2 de diciembre fue de 1.026x, verificándose un supuesto de "Evento de Aceleración" en términos del Fideicomiso.

Proposed translations

11 mins
Selected

presumed Acceleration Event

Acceleration Event means after, or concurrently with, the occurrence of an Event of Default, the maturity of any of the Loan Obligations shall have been accelerated.

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Note added at 13 mins (2019-12-05 23:34:41 GMT)
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The English courts will enforce Events of Default and acceleration clauses in accordance ... Butterworths Journal of International Banking and Financial Law.
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4 KudoZ points awarded for this answer. Comment: "thank you "
4 hrs

event of default hypothesis

Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan ..

Source: https://www.lawinsider.com › dictionary › acceleration-event
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1 day 20 hrs
Spanish term (edited): verificándose un supuesto de Evento de Aceleración

triggering an assumption of an Accelerated Maturity Event

The weak verb of verificarse - like su(b)stanciarse controversially in a recent question - means, transitively, to take place, though I have turned the verb into a transitive one of triggering for stylistic purposes.

Un supuesto IMO overlaps with un Evento and means 1. a supposition, assumption or 2. situation, *scenario* or event (West).

Aceleración: acceleration implying accelerated maturity or due date of the Debts under the Certificates: Deuda de los Certificados.

The CLs - confidence levels at the moment - go 4-3-2 for the sake of numerical consistency, albeit ought to be the other way up.

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Note added at 1 day 20 hrs (2019-12-07 19:57:31 GMT)
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- means, intransitively,.....
Example sentence:

Accelerated Maturity. The Maturity Date of the Term Loans will be accelerated, automatically and without any action on the part of Borrower, Administrative Agent or any Lender, to April 2, 2010

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2 days 11 hrs

case of an Acceleration Event

"verificándose" just means "there is"
so, from "verificándose" onwards could be translated as .
"this constituting an Acceleration Event under the terms of the Trust"
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