wrong pocket clause

Polish translation: klauzula zwrotu/przekazania nienależnych środków pieniężnych

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:wrong pocket clause
Polish translation:klauzula zwrotu/przekazania nienależnych środków pieniężnych
Entered by: mike23

11:10 Jun 24, 2017
English to Polish translations [PRO]
Bus/Financial - Business/Commerce (general)
English term or phrase: wrong pocket clause
Wrong Pocket. In the event the Seller or any of its Affiliates receives any payment related to any Acquired Asset after the Initial Closing, the Seller agrees to promptly remit (or cause to be promptly remitted) such funds to the Purchaser
becky_sharp
Poland
klauzula zwrotu/przekazania nienależnych środków pieniężnych
Explanation:
klauzula zwrotu/przekazania nienależnych środków pieniężnych
---

Wrong Pocket Assets. If any time after the Closing Date, Seller, on the one hand, or Purchaser, on the other hand, shall receive or otherwise possess any asset that should belong to the other Party under this Agreement, Seller and Purchaser agree to promptly transfer such asset to the Party so entitled hereto.
---
Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each Closing Date, any Seller Entity, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.

https://www.lawinsider.com/clause/wrong-pocket-assets?clause...[0]=Wrong%20Pocket%20Assets


--------------------------------------------------
Note added at 2 hrs (2017-06-24 13:31:07 GMT)
--------------------------------------------------

https://www.lawinsider.com/clause/wrong-pocket-assets?clause...
Selected response from:

mike23
Poland
Local time: 11:27
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
1 +1klauzula omyłkowego przelewu
Jacek Kloskowski
1 +1klauzula zwrotu/przekazania nienależnych środków pieniężnych
mike23


  

Answers


1 hr   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): +1
klauzula omyłkowego przelewu


Explanation:
propozycja

--------------------------------------------------
Note added at 1 hr (2017-06-24 12:40:15 GMT)
--------------------------------------------------

lub też: "klauzula otrzymania omyłkowych/nienależnych funduszy"

Jacek Kloskowski
United States
Local time: 06:27
Specializes in field
Native speaker of: Native in PolishPolish, Native in EnglishEnglish
PRO pts in category: 55

Peer comments on this answer (and responses from the answerer)
agree  Frank Szmulowicz, Ph. D.: Nie wiem czy to jest omyłka, ale te kwoty są nienależne.
12 hrs
  -> Dziękuję.
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): +1
klauzula zwrotu/przekazania nienależnych środków pieniężnych


Explanation:
klauzula zwrotu/przekazania nienależnych środków pieniężnych
---

Wrong Pocket Assets. If any time after the Closing Date, Seller, on the one hand, or Purchaser, on the other hand, shall receive or otherwise possess any asset that should belong to the other Party under this Agreement, Seller and Purchaser agree to promptly transfer such asset to the Party so entitled hereto.
---
Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each Closing Date, any Seller Entity, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.

https://www.lawinsider.com/clause/wrong-pocket-assets?clause...[0]=Wrong%20Pocket%20Assets


--------------------------------------------------
Note added at 2 hrs (2017-06-24 13:31:07 GMT)
--------------------------------------------------

https://www.lawinsider.com/clause/wrong-pocket-assets?clause...

mike23
Poland
Local time: 11:27
Specializes in field
Native speaker of: Native in PolishPolish
PRO pts in category: 674

Peer comments on this answer (and responses from the answerer)
agree  Frank Szmulowicz, Ph. D.: Zwrot jest ważnym elementem tej klauzuli.
11 hrs
  -> Dziękuję Frank. Pozdrawiam
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search