Romanian Civil Code definition
Examples of Romanian Civil Code in a sentence
In particular, Plexus Romania explicitly represents that it understands and accepts each and all unusual standard clauses (as defined by Article 1203 of the Romanian Civil Code, to the extent applicable) in this Amendment and MARPA.
To the maximum extent permitted by law, this provision is deemed to constitute prior consent (in Romanian, consimtamant anticipat) on such transfer of rights and/or obligations, within the meaning of Article 1.315 and Article 1.317 of the Romanian Civil Code.
The Licensee expressly accepts, the following standard clauses that may be deemed 'unusual clauses' as per the provisions of article 1203 Romanian Civil Code: clauses 2, 4, 5, 8j.
The provisions of this Section apply to claims for damages emerging from this Agreement or bilateral obligations arising from other title, including violations of obligations prior to the conclusion of the Agreement and responsibility based on Article 1357 of the Romanian Civil Code.
For the purpose of Article 1.221 of the Romanian Civil Code, it confirms that it has the necessary experience and knowledge to enter into and evaluate any Financing Document to which it is party and it is not in a state of need.
Under these GCS, the Parties agree that any future draw-dawns/utilisations and any other future obligations under the Credit Facility Agreement are covered by the Mortgage established under the Mortgage Agreement, which shall maintain its priority throughout the entire duration of the Security Period, in accordance with Article 2370 of the Romanian Civil Code.
Unless otherwise permitted under the Financing Documents, throughout the Security Period the Guarantor cannot dispose of the amounts in this Bank Account without the Bank’s consent, in accordance with Article 2331 of the Romanian Civil Code.
By these GCS, the Parties acknowledge and agree that the Mortgage established under the Mortgage Agreement on the Mortgaged Property (except for the Goodwill Mortgage) is a Movable Mortgage on current and future assets, as such may be identified at any time, and it is not and shall not be construed as a mortgage on a universality of assets for the purpose of Article 2368 of the Romanian Civil Code.
For Password-Protected Bearer Certificates of Deposit, the Bank undertakes to preserve under the best conditions the Password-Protected Bearer Certificates of Deposit which it held in trusteeship, as a mere administrator in accordance with Articles 795 to 799 of the Romanian Civil Code, and it is entitled to receive from the Guarantor, on the date of the return thereof, the necessary and useful expenses it made for the preservation thereof.
The Mortgage Agreement is accessory to the Credit Facility Agreement and it is a writ of enforcement in accordance with Article 2431 of the Romanian Civil Code and Article 120 of Government Emergency Ordinance No. 99 of 6 December 2006 on credit institutions and capital adequacy.