Glossary entry (derived from question below)
Norwegian term or phrase:
Skje samlet
English translation:
is allowed only as a composite whole (vs. consolidated holding)
Added to glossary by
dmesnier
Aug 7, 2016 10:44
7 yrs ago
Norwegian term
Skje samlet
Norwegian to English
Bus/Financial
Finance (general)
Shareholder Agreement
Hi - I'm trying to come up with the proper translation here - in this case would it be "combined" which still doesn't sound smooth? Thanks for your help!
Personell begrensning og samtykke
Minoritetsaksjonærenes aksjer i XXXXX kan ikke overgå til andre enn YYYY, XXXXX, eller personer som har den egenskap at de er ansatt i XXXXXX-konsernet og tiltrer denne Avtalen forut for aksjeovergangen. Overgang av en Minoritetsaksjonærs aksjer i XXXXX kan bare skje samlet.
Personell begrensning og samtykke
Minoritetsaksjonærenes aksjer i XXXXX kan ikke overgå til andre enn YYYY, XXXXX, eller personer som har den egenskap at de er ansatt i XXXXXX-konsernet og tiltrer denne Avtalen forut for aksjeovergangen. Overgang av en Minoritetsaksjonærs aksjer i XXXXX kan bare skje samlet.
Proposed translations
(English)
| 3 | is allowed only as a composite whole (vs. consolidated holding) |
Adrian MM. (X)
|
Proposed translations
2 hrs
Norwegian term (edited):
kan bare skje samlet
Selected
is allowed only as a composite whole (vs. consolidated holding)
Problem is how overgang is being translated: passing generally, liftetime transfer or transmission mortis causa, namely shares can pass only
In Anglo-Am company law, consolidation means pooling, usually pre-splitting/ 'converted' into a different nominal value and might give the wrong impression here.
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Note added at 2 hrs (2016-08-07 13:35:59 GMT)
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can pass only as a composite whole, package or unsplit block.
In Anglo-Am company law, consolidation means pooling, usually pre-splitting/ 'converted' into a different nominal value and might give the wrong impression here.
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Note added at 2 hrs (2016-08-07 13:35:59 GMT)
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can pass only as a composite whole, package or unsplit block.
Example sentence:
Consolidate and divide its share capital into shares of larger amounts than its existing shares, for example it may consolidate and divide 200 shares of £1 into 100 shares of £2.
4 KudoZ points awarded for this answer.
Comment: "Thanks for your help!"
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