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Anonymous Posted 11 years ago
Grammar

Is this sentence understandable?

Hello!

Is my sentence understandable?

In accordance with provisions of the Pledge agreemen, the Company XXX pledged to the Bank financial resources in the amount of 25 000 as a security for fulfilment of obligations of the Company YYY, company registered in the Belize, arising from the agreement signed on August 10, 2010 between Bank, acting as a creditor, and Company YYY, acting as a borrower.

Thank you!
  

Top answer

I would simplify this a bit and make a few corrections: In accordance with provisions of the Agreement, Company *** pledged [$]25,000 to the Bank as security for the fulfillment of obligations incurred by Company YYY, a company registered in Belize, arising from the agreement signed on August 10, 2010 between the Bank, acting as a creditor, and Company YYY, acting as a borrower. ). Also, I do not know if you need so say where the company is registered.

  • I would simplify this a bit and make a few corrections: In accordance with provisions of the Agreement, Company *** pledged [$]25,000 to the Bank as security for the fulfillment of obligations incurred by Company YYY, a company registered in Belize, arising from the agreement signed on August 10, 2010 between the Bank, acting as a creditor, and Company YYY, acting as a borrower.
  • ).
  • Also, I do not know if you need so say where the company is registered.
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1 Answers
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I would simplify this a bit and make a few corrections:

In accordance with provisions of the Agreement, Company *** pledged [$]25,000 to the Bank as security for the fulfillment of obligations incurred by Company YYY, a company registered in Belize, arising from the agreement signed on August 10, 2010 between the Bank, acting as a creditor, and Company YYY, acting as a borrower.

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