Sep 17, 2014 21:33
9 yrs ago
English term

monitor or verify the utilisation of the Facility

English to German Bus/Financial Finance (general) Kreditvertrag
Any amounts to be drawn under the Facility shall be used by the Borrower to refinance its foreign currency exposure arising from lending transactions to its clients. The Facility shall be used by Borrower solely for the purpose set forth herein. The Lender is not bound to ***monitor or verify the utilisation of the Facility***.

Danke im Voraus!

Proposed translations

+1
1 hr
Selected

... hat die Verwendung der Fazilität nicht zu überwachen oder zu überprüfen

So kenne ich das.
Peer comment(s):

agree Annette Scheler
10 hrs
Danke, Annette!
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4 KudoZ points awarded for this answer. Comment: "Danke, Barbara!"
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