Second Directive definition

Second Directive has the meaning set forth in the recitals to this Agreement.
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Second Directive means Directive 2003/54/EC of the European Parliament and of the Council of the European Union of 26 June 2003 concerning common rules for the internal market in electricity and repealing Directive 96/92/EC;
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Second Directive. : means Council Directive 91/439/EEC on driving licences (2);
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Examples of Second Directive in a sentence

  • With regard to company law as such, with the adoption of the amendment to the Companies Law of June 2003 to fulfil the requirements of i.a. the Second Directive (co- ordination of safeguards), Third Directive (mergers), Sixth Directive (division of public limited companies) and Eleventh Directive (disclosure requirements), legislative action has been taken aimed at completing the alignment to Cyprus commercial law with the company law acquis.

  • Second, Directive 2004/67/EC specifically concerns measures to safeguard security of gas supply.

  • In August 2006, the Commission brought an action against Spain before the European Court of Justice.5 Ironically, the “dilution” problem arose as a consequence of implementing the Second Directive in Spain.

  • The existing shareholders lose 18.8The Commission asserts that the Second Directive includes a minimum pro- tection of shareholder rights in relation to certain transactions, including the issue of new shares.

  • Incomplete and inefficient unbundling rules for TSOs32 prescribed by the Second Directive resulted in structural conflict of interest.

  • This suggests that at least in terms of the market for corporate control, the players did not consider Europe to be a single market over this time interval, but rather conducted more of their consolidation activities within a single country.Second, despite the universal banking norm in the EU as set forth by the Second Directive, most of the M&A activity was “simple” consolidation between institutions with the same main financial service line.

  • From these discussions, it appeared that the main recommendations relating to the Second Directive were supported, pending, however, a number of technical issues to be considered in more depth.

  • With the Second Directive not applying to private limited companies (Ltds), Member States have been able to choose freely the amount for this set of corporations.

  • Implemented in 1993 and 1994, the Second Directive made universal banking the norm in the EU by default, since any nation not allowing these powers put its own institutions at a competitive disadvantage.

  • The SLIM-Group recommendations concerning the Second Directive and their practical implications have been subsequently discussed with Member States company law experts in meetings in June 2000 and March 2001.

Related to Second Directive

  • CRD Directive means the Directive (2013/36/EU) of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms dated 26 June 2013 and published in the Official Journal of the European Union on 27 June 2013 (or, as the case may be, any provision of Danish law transposing or implementing such Directive), as amended or replaced from time to time (including, for the avoidance of doubt, the amendments to such Directive resulting from Directive (EU) 2019/878 of the European Parliament and of the Council as regards exempted entities, financial holding companies, mixed financial holding companies, remuneration, supervisory measures and powers and capital conservation measures dated 20 May 2019 and published in the Official Journal of the European Union on 7 June 2019);

  • UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended;

  • Change Directive means a written order signed by the procurement officer that

  • Advance health care directive means a power of attorney for health care or a record signed or authorized by a prospective donor containing the prospective donor’s direction concerning a health care decision for the prospective donor.

  • Approved" and "Directed means, the approval or direction of Head of Unit/PPPU-THIRUMAYAM, or person deputed by him for the particular purposes.

  • Waste Framework Directive or “WFD” means Waste Framework Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • CRD IV Directive means Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as the same may be amended or replaced from time to time.

  • Acquired Rights Directive means the European Council Directive 77/187/EEC on the approximation of laws of European member states relating to the safeguarding of employees’ rights in the event of transfers of undertakings, businesses or parts of undertakings or businesses, as amended or re-enacted from time to time;

  • the Directive means Council Directive 2003/4/EC(d) on public access to environmental information and repealing Council Directive 90/313/EEC;

  • Environmental and Social Management Plan or “ESMP” means a site-specific environmental and social management plan to be prepared in accordance with the parameters laid down in the ESMF and acceptable to the Association, setting forth a set of mitigation, monitoring, and institutional measures to be taken during the implementation and operation of the Project activities to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels, and including the actions needed to implement these measures.

  • Environmental and Social Management Framework or “ESMF” means the framework included in the EA setting out modalities to be followed in assessing the potential adverse environmental and social impact associated with activities to be implemented under the Project, and the measures to be taken to offset, reduce, or mitigate such adverse impact.

  • Medical direction means direction, advice, or orders provided by a medical director, supervising physician, or physician designee (in accordance with written parameters and protocols) to emergency medical care personnel.

  • Directives means intergovernmental, interagency, or interdepartment administrative or procedural guidelines or instructions which do not affect the rights of, or procedures and practices available to, the public.

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • Airworthiness Directive means a requirement for the Inspection, repair or modification of the Engine or any portion thereof as issued by Airworthiness Authorities.

  • Procurement Management means the Director of Lee County’s Procurement Management Department or designee.

  • Advance directive means a document that contains a health care instruction or a power of attorney for health care.

  • Qualified medical direction means, in the context of the practice of respiratory care, having readily

  • Uniform Grant Management Standards or “UGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas

  • Entitlement means the entitlement specified as such in the definition of the relevant Series, subject to any adjustment in accordance with Product Condition 4;

  • Medically Necessary Treatment means any treatment, tests, medication, or stay in hospital or part of a stay in hospital which:

  • Construction Change Directive means a written order prepared by Owner Parties and signed by Owner directing Contractor to perform a change in the Work prior to agreeing to a change, if any, to the Contract Time, schedule of performance of the Work, Contract Sum, or Contractor’s compensation.

  • Independent Safeguarding Authority is a non-departmental public body sponsored by the Home Office set up under the provisions of the Safeguarding Vulnerable Groups Act 2006 and which is responsible for the decision making and maintenance of two lists covering the children’s and vulnerable adults’ sectors

  • College board means the state board for community and

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Qualified mental health professional means a licensed medical practitioner or any other person meeting the qualifications specified in OAR 309-019-0125.