Dec 2, 2019 21:40
4 yrs ago
5 viewers *
English term
arm’s length uplift
English to French
Bus/Financial
Human Resources
Transfer Pricing
Context:
"The intercompany loans and cash pool balances use a market benchmark rate that reflects the local currency bank offer rate for the relevant duration of the loan plus an arm’s length uplift, and commonly accepted commercial terms and conditions."
"The intercompany loans and cash pool balances use a market benchmark rate that reflects the local currency bank offer rate for the relevant duration of the loan plus an arm’s length uplift, and commonly accepted commercial terms and conditions."
Proposed translations
(French)
3 -1 | Allègement de pleine concurrence | Samuel Clarisse |
Proposed translations
-1
12 mins
Selected
Allègement de pleine concurrence
Je le dirais de cette façon...
Peer comment(s):
disagree |
Daryo
: your reference is about the same subject (transfer pricing/arm's length transactions") but it proves NOTHING regarding your answer // the "uplift" is about an interest rate going up - no need to go sideways ..
17 hrs
|
2 KudoZ points awarded for this answer.
Reference comments
18 hrs
Reference:
A sample
(f) Prices for Services. Services provided to any Recipient pursuant to the terms of this Agreement will be charged at the prices set forth for such Service on the applicable Schedule. Unless otherwise provided in a Schedule hereto by explicit reference to this Section 2(f), a Service provided by Provider to any Recipient pursuant to the terms of this Agreement will be charged at the prices set forth for such Service on the applicable Schedule plus an uplift equal to (i) two percent (2%) for Services originating within the United States, regardless of where such Services are received, or (ii) seven and one-half percent (7.5%) for Services originating outside of the United States, regardless of where such Services are received.
https://www.sec.gov/Archives/edgar/data/1452575/000119312510...
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Note added at 18 hrs (2019-12-03 15:55:06 GMT)
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For the avoidance of doubt, the Financial Services contemplated by this Schedule 1 do not include services related to the creation or implementation by Provider for Recipient of an independent SAP Business Information consolidation system or any support functions therefor (including ERC) following the creation or implementation of such system. In the event Recipient requests the creation or implementation of or support for any such system, notwithstanding anything in Section 2(f) of this Agreement to the contrary, the cost for such Services will be determined by Provider in its sole discretion based on a good faith estimate of the full costs for such Services and an arm’s length uplift.
"uplift / arm’s length uplift" is used 8 times throughout this document, the intended meaning being pretty easy to decipher, unsurprisingly: some rate / cost "going up"
https://www.sec.gov/Archives/edgar/data/1452575/000119312510...
--------------------------------------------------
Note added at 18 hrs (2019-12-03 15:55:06 GMT)
--------------------------------------------------
For the avoidance of doubt, the Financial Services contemplated by this Schedule 1 do not include services related to the creation or implementation by Provider for Recipient of an independent SAP Business Information consolidation system or any support functions therefor (including ERC) following the creation or implementation of such system. In the event Recipient requests the creation or implementation of or support for any such system, notwithstanding anything in Section 2(f) of this Agreement to the contrary, the cost for such Services will be determined by Provider in its sole discretion based on a good faith estimate of the full costs for such Services and an arm’s length uplift.
"uplift / arm’s length uplift" is used 8 times throughout this document, the intended meaning being pretty easy to decipher, unsurprisingly: some rate / cost "going up"
Peer comments on this reference comment:
agree |
Germaine
: Selon le contexte, une marge concurrentielle, normale, usuelle, courante,...
22 hrs
|
Discussion
Autres options:
"...le taux bancaire offert en monnaie locale pour la durée pertinente du prêt, plus relèvement normal,..." ou
"...le taux bancaire offert en monnaie locale pour la durée pertinente du prêt, plus majoration en vigueur,..."