This question was closed without grading. Reason: Other
Mar 12, 2013 14:39
11 yrs ago
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Spanish term
Spain
Quality and Precision
Native in: English 
Works in: Spanish to English, Portuguese to English, Catalan to English
...se cancelarán el o los titulos que la amparen reduciendo...
Spanish to English
Bus/Financial
Law (general)
articles of incorporation
Mexican Spanish to U.S. English
"...se conviene desde ahora en que dicha adquisición sea nula y por lo tanto se cancelarán el o los títulos que la amparen reduciendo consecuentemente en la parte correspondiente, el capital social..."
...it is now agreed that such an acquisition is null and therefore the security or securities will be void (canceled) **que la amparen** reduciendo ...
I've seen this term as "harbored" or "protected" and I believe it may be referring to sheltered securities but am very uncertain. Thanks.
"...se conviene desde ahora en que dicha adquisición sea nula y por lo tanto se cancelarán el o los títulos que la amparen reduciendo consecuentemente en la parte correspondiente, el capital social..."
...it is now agreed that such an acquisition is null and therefore the security or securities will be void (canceled) **que la amparen** reduciendo ...
I've seen this term as "harbored" or "protected" and I believe it may be referring to sheltered securities but am very uncertain. Thanks.
Discussion
Thanks.
Thank you Mike Yarnold.
It is hereby agreed that this acquisition will be void and will therefore cancel all title which it covers, consequently reducing the Share Capital of the corresponding Party
You haven't said what is being acquired, but I think it means "underlying" or "of which it consists".