Dec 20, 2007 07:37
16 yrs ago
3 viewers *
French term
part cédant
French to English
Bus/Financial
Finance (general)
Subscription agreement (Convention de Souscription)
Les parties ont défini dans la présente convention de souscription des Parts Cédant et des Parts S ......
The only translation I've come up with is 'transferor shares' but I'm really not sure this is correct.
The only translation I've come up with is 'transferor shares' but I'm really not sure this is correct.
Proposed translations
(English)
| 4 +1 | the proportion (of the shares) being transferred |
AllegroTrans
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| 4 | transferor |
L.J.Wessel van Leeuwen
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Proposed translations
45 mins
L.J.Wessel van Leeuwen
South Africa
South Africa
Native in English
Specializes in field
South Africa
Willing & Ready to be of service to YOU!
Native in: English 
, Dutch
Works in: Dutch to English, Afrikaans to English, French to English, and 3 more.
Related KudoZ points
:
24
transferor
Declined
the person who actually signs off his shares
Peer comment(s):
| neutral |
Julie Barber
: it is the shares not the people - the shares being sold/disposed of that is
1 hr
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shares remain shares. part "S" could well mean "suscription" shares. The "cedants" .. I have never heard of ceding ence the suggestion the transferor (or seller of the shares)
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| agree |
James Roberts
: Without full context it's hard to say. Is the idea that some of the shares acquired are transferred from existing holders, and others are newly issued and subscribed for? "Transferor shares" seems to be used in some of the agreements that appear on Google
2 hrs
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Thanks. That is the way I understood and understand it. Of course one can cede shares as a security ....
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| disagree |
AllegroTrans
: I don't think it is one of the parties at all - it's a proportion of the shares themselves
4 hrs
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One does not sell a proportion of shares, one sells a number of shares. This number might well be a proportion of the holding or of the total shares in issue.
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+1
5 hrs
AllegroTrans
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Sensible solutions
Native in: English (Variant: Wessexois) 
Works in: French to English, English, English to French
Related KudoZ points
:
267
the proportion (of the shares) being transferred
Declined
This is how I read it.
Peer comment(s):
| agree |
James Roberts
: I read "Cédant" in apposition to"Souscripteur" - thus "Transferor Shares" versus "Subscriber Shares," i.e. two types of share.
46 mins
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thanks
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| neutral |
cmwilliams (X)
: why 'proportion'? Parts = shares. I agree with James.
8 hrs
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the part of = the proportion of, but "the shares being transferred" would be clearer, thanks!
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Discussion
Les parties ont défini dans la présente convention de souscription des Parts Cédant et des Parts S (la Convention) les conditions dans lesquelles sera effectuée la souscription des Parts Cédant et des Parts S par le Souscripteur.