1. The directing company is liable for the obligations of the subordinate company, whether incurred before or after the conclusion of the subordination agreement, until the termination of that agreement.
1 - A sociedade directora é responsável pelas obrigações da sociedade subordinada, constituídas antes ou depois da celebração do contrato de subordinação, até ao termo deste.
2. The directing company’s liability may not be enforced until 30 days have elapsed since the subordinate company went into default.
2 - A responsabilidade da sociedade directora não pode ser exigida antes de decorridos 30 dias sobre a constituição em mora da sociedade subordinada.
3. Enforcement proceedings may not be brought against the directing company on the basis of an enforceable title against the subordinate company.
3 - Não pode mover-se execução contra a sociedade directora com base em título exequível contra a sociedade subordinada.
The liability for obligations incurred before or after the agreement until its termination, the 30-day wait after the subordinate company's default, and the bar on enforcement against the directing company on the subordinate company's enforceable title are retained.
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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.