Glossary entry (derived from question below)
English term or phrase:
place on demand
English answer:
to make the outstanding debts due immediately
Added to glossary by
Pedro Coral Costa
Aug 17, 2008 19:35
15 yrs ago
22 viewers *
English term
place on demand
English
Law/Patents
Law (general)
loan agreement
This term appears in the following sentence:
(...) X shall have the right to imediately cancel the Facility and/or accelerate or place on demand all outstandings (whether due or not) and all such outstandings shall immediately become due and payable. (...)
I understand what "accelerate" means in this context, and "place on demand" must be something similar. However, I would like to know its exact meaning. Thanks in advance.
(...) X shall have the right to imediately cancel the Facility and/or accelerate or place on demand all outstandings (whether due or not) and all such outstandings shall immediately become due and payable. (...)
I understand what "accelerate" means in this context, and "place on demand" must be something similar. However, I would like to know its exact meaning. Thanks in advance.
Responses
+4
6 mins
Heather Shaw
United States
United States
Native in English
&
English
Works in field
United States
The right direction in language services
Native in: English
Works in: Arabic to English, English to Arabic, English
Related KudoZ points
:
8
Selected
to make the outstanding debts due immediately
To place the outstanding debts on demand means to make them payable immediately, to accelerate them means to make the payments due sooner than they were originally supposed to be due.
4 KudoZ points awarded for this answer.
Comment: "Thank you very much for your assistance."
3 mins
Dana Rinaldi
Italy
Italy
Native in English
&
English
Specializes in field
Italy
A passion for words
Native in: English 
, Italian
Works in: Italian to English, English to Italian
make request for
place a request for all the outstandings
request that all outstandings should be paid
request that all outstandings should be paid
Something went wrong...