shortfalls and no Cross Drawing

Discussion in 'Financial Terms' started by hwolf, Mar 18, 2013.

  1. hwolf

    hwolf Senior Member

    Mexico City
    Native: Spanish MX; others English, German
    Una traducción de un contrato de arrendamieto de aeronaves dice como encabezado: shortfalls and no Cross Drawing (adjunto el párrafo que sigue a manera de contexto)

    Shortfalls and no Cross Drawing

    Lessor shall not be obliged to pay any sum under this section 4 to the extent the amount requested would exceed the lesser of (a) the balance in the relevant Contribution Account at and as of the time the relevant check (and whether or not there are balances on any other Contribution Account), inspection or performance restoration as the context may require, was completed and (b) the balance of such Contribution Account (and whether or not there are balances on any other Contribution Account) at the time Lessor is required to make a payment to Lessee in respect of such request.

  2. cubaMania Senior Member

    Como lo interpreto yo, hablan de aislar los fondos en los varios "Contribution Accounts". En caso de insuficientes fondos en el "relevant Contribution Account", no se permite "cruzar" y sacar fondos de los otros "Contribution Accounts".
    Que yo sepa no es terminología sentada. No sé en qué consiste "relevant" en este caso, ni que son los "Contribution Accounts". Imagino que tengas que inventar la terminología.

    ¿Déficit y Aislamiento de Fondos?
    ¿Aislar Fondos en Caso de Déficit?
    Last edited: Mar 23, 2013

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