Examples of Luxembourg Commercial Code in a sentence
The Bank may also retain these documents for a longer period if required by law, notably when appropriate the Bank will retain transaction documents for 10 years to respect its obligations under the Luxembourg Commercial Code.
A psycho-physical car- following model introduces the concept of “state” of a vehicle.
The Bank may also retain these documents for a longer period if required by law, notably when appropriate the Bank will retain transaction documents for 7 years to respect its obligations under the Belgian Economic Law Code or for 10 years to respect its obligations under the Luxembourg Commercial Code.
Any activity by the Company contrary to criminal law as well as any serious violation (contravention grave) by the Company of the provisions of the Luxembourg Commercial Code, of the laws governing commercial companies (including without limitation with respect to any business licence requirement) and of the Financial Sector Act may lead to the liquidation and winding-up of the Company.
As of the Closing Date, after giving effect to the consummation of the Transactions on the Closing Date, the Parent Borrower has not (i) suspended its payments (cessation de paiements) or (ii) lost its financial creditworthiness (ébranlement du crédit) within the meaning of Article 437 of the Luxembourg Commercial Code.
This includes in particular Luxembourg Commercial Code and Law of 5 April 1993 on the financial sector, as amended.
According to the provisions of the Luxembourg law of August 10, 1915, on companies, the Luxembourg Commercial Code and Luxembourg tax legislation, the storage period is five (5) to ten (10) years after the end of the financial year to which the relevant documents containing your Personal Data relate.
Other Employee Benefits Under Article 2101 of the Luxembourg Civil Code and Article 545 of the Luxembourg Commercial Code, wage claims (including vacation pay, severance pay, termination pay, and traveling and other expenses) benefit from (i) a super-priority together with (ii) a general privilegefor the remainder of claims that are not covered by the super-priority.
Basic Duties and ResponsibilitiesThe board of trustees shall have general charge of the property and funds of the fellowship, the conduct of business affairs, and oversight of its administration.
On the grounds of Article 109 of the Luxembourg Commercial Code (principle of the accepted invoice) and Article 2248 of the Luxembourg Civil Code (interruption of the statute of limitations by the debtor's acknowledgement of the right), the court maintained that the statute of limitations was interrupted by the acknowledgement of the debts resulting from the unconditional payment of advance payments.