Examples of Slovak Commercial Code in a sentence
Under the Slovak Commercial Code, all companies are required to create a legal reserve fund to cover losses.
According to Section 13(4) and 133(3) of the Slovak Commercial Code (Act No. 513/1991 Coll., as amended), any restriction of the authority of a company’s statutory body to act for the company shall be ineffective vis-à-vis third parties (any disclosure of that restriction notwithstanding).
Under the Slovak Commercial Code, all companies are required to maintain a legal reserve fund to cover future adverse financial conditions.
Legal reserve fund Under the Slovak Commercial Code, all companies are required to maintain a legal reserve fund to cover future adverse financial conditions.
The Account Holder shall have the right to use the Bank’s Mobilinfo services linked to the account uner the terms set out in the Announcement and in compliance with the relevant general contracting terms and conditions of K&H mobilinfo services.
PROCURATIONAccording to Article 14 of Slovak Commercial Code (Journal of Laws No. 513/1991) the Board of Directors of Asseco Central Europe, a.
Legal reserve fund Under the Slovak Commercial Code, all companies are required to maintain a legal reserve fund to cover future losses.
Anything herein to the contrary notwithstanding, the obligations of a Foreign Borrower organized under the laws of Slovakia under this Agreement or any other Loan Document shall not include any payment undertaking, obligation or liability to the extent such payment undertaking, obligation or liability would result in the infringement or circumvention of the provisions on capital maintenance set forth by Slovak Law (in particular Section 123(3) of the Slovak Commercial Code).
In addition, pursuant to the Slovak Commercial Code, the board of directors is obliged to act for the benefit of the company and is liable for damages caused, unless it is proven that its members performed their duties with professional care and in good faith in the interests of the company.
Limassol 25 121 100,00 100,00Total 25 121100,00100,00 Legal reserve fund Under the Slovak Commercial Code, all companies are required to maintain a legal reserve fund to cover future adverse financial conditions.