Oct 16, 2014 22:05
9 yrs ago
Russian term
India
Native Translation Professionals!
Native in: English
Works in: Russian to English, Abkhazian to English, Chinese to English, and 544 more.
РИСК ПРИЗНАНИЯ ОТСУТСТВИЯ ОБЕСПЕЧИТЕЛЬНОЙ ФУНКЦИИ
Russian to English
Bus/Financial
Finance (general)
Bank Guarantee
ПРИМЕЧАНИЕ!СРОК ДЕЙСТВИЯ БАНКОВСКОЙ ГАРАНТИИ НЕ ДОЛЖЕН ИСТЕКАТЬ РАНЕЕ СРОКА ИСПОЛНЕНИЯ ОБЯЗАТЕЛЬСТВ ПО ДОГОВОРУ, ТАК КАК ЕСТЬ *******РИСК ПРИЗНАНИЯ ОТСУТСТВИЯ ОБЕСПЕЧИТЕЛЬНОЙ ФУНКЦИИ********* БАНКОВСКОЙ ГАРАНТИИ ПО ОТНОШЕНИЮ К ОСНОВНОМУ ОБЯЗАТЕЛЬСТВУ, ЧТО ПРОТИВОРЕЧИТ СУЩЕСТВУ БАНКОВСКОЙ ГАРАНТИИ.
TIA
TIA
Proposed translations
16 mins
... SINCE IT MAY CAUSE THE SECURITY FUNCTION OF THE BANK GUARANTEE
COVERING THE MAIN OBLIGATION TO BE DEEMED INVALID/MISSING/LACKING/DEFICIENT, WHICH WOULD BE INCOMPATIBLE WITH THE VERY NATURE OF SUCH A GUARANTEE. Something to this effect. Tweak it yourself as you see fit. This is indeed a very weird piece of legalese that immediately brings to mind the anecdotally famous phrase "pri nalichii otsutstviya" (should the presence [of whatever] be absent, i.e., should this something be missing). No one really writes or speaks this way.
Note from asker:
| Thanks! |
11 hrs
Yevgeny Kozlov
Russian Federation
Russian Federation
Native in Russian
Specializes in field
Russian Federation
EN-RU/RU-EN/FR-RU specialist translator
Native in: Russian
Works in: English to Russian, French to Russian, Russian to English
Related KudoZ points
:
20
risk that the bank guarantee may be recognised as lacking the function of securing the underlying ob
My take is "There is a risk that the bank guarantee may be recognised as lacking the function of securing the underlying obligation, which is in conflict with...".
I agree with The Misha that the source phrase is very poorly worded.
--------------------------------------------------
Note added at 13 hrs (2014-10-17 11:58:20 GMT)
--------------------------------------------------
Naveen, I like the "security purpose" portion. However, in this case the translation overlooks "признания отсутствия". May be "will be recognised as not serving its security purpose against the primary [underlying] obligation, which contradicts the substance of the bank guarantee"?
I agree with The Misha that the source phrase is very poorly worded.
--------------------------------------------------
Note added at 13 hrs (2014-10-17 11:58:20 GMT)
--------------------------------------------------
Naveen, I like the "security purpose" portion. However, in this case the translation overlooks "признания отсутствия". May be "will be recognised as not serving its security purpose against the primary [underlying] obligation, which contradicts the substance of the bank guarantee"?
Note from asker:
| Thanks Skyde! You both are right. What I have written is: AS THERE IS A RISK THAT THE BANK GUARANTEE WILL NOT SERVE ITS SECURITY PURPOSE AGAINST PRIMARY OBLIGATION WHICH CONTRADICTS THE SUBJECT MATTER OF THE BANK GUARANTEE. What you say? |
Something went wrong...