How does this look?

Question

As evidenced by the extract from the Cession contract No. 3 of December 19, 2013, cedent Company A cedes and cessionary Company B accepts claims incurred as a result of commercial activities by the cedent. Such claims are current or possible in the future claims by the cedent against the debtors of the cedent indicated in the attachment No. 1 of the contract with regard to the repayment of loans.

Is this understandable?

Thanks!

Clive · Accepted Answer

I can understand sentence #1. Not sentence #2.

Are these sentences part of some real and important legal document? If they are, you need to consult a lawyer rather than an English language forum. We are not lawyers.

Anonymous · Answer

I'm an Economic's student and I must draft a Cession contract.

Thanks for your help, but is this better:

As evidenced by the extract from the Cession contract No. 3 of December 19, 2013, cedent Company A cedes and cessionary Company B accepts claims incurred as a result of commercial activities by the cedent. Such claims currently exist or possibly will be raised by the cedent in the future against the debtors of the cedent which are indicated in the attachment No. 1 of the above contract with regard to the repayment of loans.

Thanks!!

Clive · Answer

The English seems OK, but . . .

But I don't understand the meaning of parts of it.
eg I've heard of incurring a debt, but not of incurring a claim.

What's the difference between incurring a claim and raising a claim?

You say Company A accepts claims incurred . . . Should this also say 'or that will be incurred?

It's hard to assess your text without understanding such things.
.

How does this look?

Top answer

Get the Weekly English Kit 📬

Related Questions