Jan 9, 2017 19:43
7 yrs ago
35 viewers *
English term

first priority lien

English to Spanish Law/Patents Law: Contract(s) Loan Agreement
Context: Loan Agreement (American English)

Paragraph:
Without the necessity of a judicial determination, and whether or not litigation occurs, Client hereby agrees to indemnify and hold harmless [Company] and its directors, officers, employees, agents and affiliates from any and all claims (whether or not meritorious), liabilities, judgments, damages, losses, costs and expenses of any nature whatsoever (including reasonable attorneys’ fees and expenses) in any way related to, or arising out of or in connection with, this Agreement, including without limitation ***Client's grant of a first priority lien*** and security interest in the Collateral, any action taken or omitted by [Company] at Client’s request or pursuant to Client’s instructions, or any untruth or inaccuracy of any of the Client’s representations and warranties in this Agreement.

Proposed translations

+1
1 hr
Selected

derecho de retención preferencial

(iii) a ***first priority lien*** on all Newland accounts and all deposits therein;
(iii) un ***derecho de retención preferencial*** en todas las cuentas de Newland y
todos los depósitos en la mismas;

http://www.trumpoceanclub.com/noteholder/54. Hecho de Import...

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Note added at 1 hr (2017-01-09 21:06:01 GMT)
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Tb. derecho de retención de máxima prioridad:

"aprueba: (i) un mecanismo de financiamiento deudor en posesión por US$500 y un ***derecho de retención de máxima prioridad*** sobre los activos de las entidades solicitantes para garantizar las obligaciones bajo dicho mecanismo..."

http://www.prnewswire.com/news-releases/pacific-anuncia-que-...
Peer comment(s):

agree Patricia Fierro, M. Sc.
17 mins
Muchas gracias, Patricia.
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4 KudoZ points awarded for this answer. Comment: "¡Muchas gracias, Wilsonn!"
52 mins

gravamen de primer grado

Highest priority debt in the case of default.
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6 hrs

gravamen de máxima prioridad

Se trata de hipotecas u otros gravámenes que deben ser atendidos en primer lugar.
Example sentence:

Este pago ha de ser un gravamen de máxima prioridad.

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