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  3. Law: Contract(s)

fremfeste

English translation: onward disposal (co. shares); sub-demise (land)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:fremfeste
English translation:onward disposal (co. shares); sub-demise (land)
Entered by: Carole Hognestad

08:24 Jan 23, 2008
Norwegian to English translations [PRO]
Bus/Financial - Law: Contract(s)
Norwegian term or phrase: fremfeste
Fremfeste mv., herunder overdragelse av bestemmende deler av aksjer mv., krever bortfesters samtykke.
I'm struggling with this doc. - you may have noticed!
Carole Hognestad
Local time: 05:41
onward disposal (co. shares); sub-demise (land)
Explanation:
bortfester: onward disponer or disposer - both are used in UK Taxing Statutes.

sub-demise charter of vessel of premises or by mortgage.
Selected response from:

Adrian MM. (X)
Local time: 05:41
Grading comment
Thank you.
4 KudoZ points were awarded for this answer



Summary of answers provided
3forward sale (agreements)
brigidm
3onward disposal (co. shares); sub-demise (land)
Adrian MM. (X)


  

Answers


16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
forward sale (agreements)


Explanation:
This might be what you're looking for, Carole. "The forward sale agreement settles beginning on July 15, 2010. If the Company elects full physical settlement of the forward sale agreement, the Company will deliver to the forward counterparty a number of ordinary shares based on the average market price of the ordinary shares at that time, subject to the specified minimum and maximum number of shares. "

PS: You are not alone!

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Note added at 19 mins (2008-01-23 08:44:20 GMT)
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Forgot the link, which may be useful: http://ir.endurance.bm/releasedetail.cfm?ReleaseID=263410

brigidm
Norway
Local time: 05:41
Works in field
Native speaker of: English
PRO pts in category: 26

Peer comments on this answer (and responses from the answerer)
neutral  Per Bergvall: Make it forward lease, and I'm with you. Feste is not a sale...
9 mins
Login to enter a peer comment (or grade)

12 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
onward disposal (co. shares); sub-demise (land)


Explanation:
bortfester: onward disponer or disposer - both are used in UK Taxing Statutes.

sub-demise charter of vessel of premises or by mortgage.

Example sentence(s):
  • The Lessee shall also be at liberty to sub-demise the said plots or any one of more of them and/or the sheds constructed thereon on such terms as the Lessee ...

    Reference: http://www.vakilno1.com/forms/leaselicense/LEASE_311.doc
Adrian MM. (X)
Local time: 05:41
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 89
Grading comment
Thank you.
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