Introduction. This document constitutes a base prospectus pursuant to Article 5, paragraph (4) of Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 as amended from time to time (the "Prospectus Directive") and as implemented into German law by § 6 of the German Securities Prospectus Act (tÉêíé~éáÉêéêçëéÉâíÖÉëÉíò Ó "WpPG") in connection with Regulation (EC) No. 809/2004 of 29 April 2004 as amended from time to time (the "Base Prospectus" or the "Prospectus"). The subject matter of the Base Prospectus is the issuance of or the increase of issued Constant Leverage Certificates (the "Securities") which either will be publicly offered or will be placed in application of an exceptional case pursuant to § 3 paragraph 2 WpPG and at the same time admitted to trading on a regulated market. The Issuer has made an application for approval of the Base Prospectus to the Federal Financial Supervisory Authority (_ìåÇÉë~åëí~äí ÑΩê cáå~åòÇáÉåëíäÉáëíìåÖë~ìÑëáÅÜí – "BaFin") as competent authority. The BaFin approved the Base Prospectus after completing a review of this document for completeness, including a review of the coherence and comprehensibility of the information provided pursuant to § 13 paragraph 1 sentence 2 WpPG. Following the date of approval of the Base Prospectus, events and changes may occur, which render the information contained in the Base Prospectus incorrect and/or incomplete. The Issuer will publish a supplement to the Base Prospectus in accordance with § 16 WpPG in case of a significant new factor or a material mistake or inaccuracy with respect to the information contained in the Base Prospectus. In order to be able to conduct a public offer and/or a listing of the Securities on a regulated market (within the meaning of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004) in Italy, the Issuer has applied for the notification of the Base Prospectus into Italy pursuant to §§ 17, 18 WpPG. The Issuer reserves the right to apply for the notification of the Base Prospectus into further member states of the European Economic Area. The Base Prospectus must be read in connection with the information contained in (i) the registration document of the Issuer and the registration document of the Guarantor which are incorporated by reference into the Base Prospectus (see chapter XIII. on page 187 of the Base Prospectus), (ii) the respective final terms of the offer as drawn up in connection with the Securities (t...
Introduction. No-one should purchase the Securities without having detailed knowledge of their method of operation, the total costs involved and the related risk factors. Only those who are in no doubt about the risks and are financially able to bear the losses that may be associated with them should purchase these types of Securities. Potential investors should therefore carefully read the whole Base Prospectus, in particular the risk factors including any supplements thereto as well as the respective Final Terms, understand the terms and conditions of the issue in detail and assess the suitability of the relevant investment, in each case taking into account their own financial, tax and other circumstances. In cases of doubt potential investors should seek advice by a competent investment, legal or tax advisor.
Introduction. The company VitalAire Italia S.p.A. with registered office in Milan, Via Bisceglie, no. 66, VAT Code 02061610792 and headquarters in Xxxxxx (XX), Xxxxxx Xxxxxxxxxxx Xxxxxxxxxxx Xxxx Xxxxxxxx X0, Xxx xxx Xxxxx Xxxxxxxxx, 0 (hereinafter, the "Company"), in its capacity of data controller, informs you that the personal data of the data subject (in the case of a natural person or a sole proprietorship), of your employees or persons in charge, provided for the development of the negotiations relating to the agreement to which this notice is annexed (hereinafter the "Agreement") between the Company and the counterparty of the Agreement (hereinafter, the "Supplier") and in the course of the execution of the same and of the activities related to the same (hereinafter the "Personal Data", while the individuals to whom the personal data refer are defined below the "Data Subjects"), will be processed in accordance with this notice on the processing of Personal Data and within the meaning of the Legislative Decree No. 196/2003 (the "Privacy Code") and of the European Regulation No. 679/2016 concerning the protection of the personal data (the "European General Data Protection Regulation (GDPR)"). The Company is the data controller in relation to the processing of the Personal Data.
Introduction. This manual has been prepared with the scope of supplying all the instructions required for the correct use of the appliance and to maintain it in optimal condition. It also contains important user safety information. The following professional roles are explained in order to define the responsibilities of each:
Introduction. These General Conditions (unless otherwise established pursuant to express written agreement signed between the parties) shall govern the parties’ obligations pursuant to any contractual agreements stipulated between the Customer (Principal of the Shipment) and the Freight Forwarder BOLLORE’ Logistics Italy Spa. The parties therefore acknowledge and accept that any single "Shipping Order" by the Principal, as well as any "Quotation" by Freight Forwarder are strictly subject to the application of these General Terms and Conditions. The Principal therefore expressly accepts that the present General Conditions find full and immediate application to all contractual relationships arising with the Freight Forwarder Bolloré Logistics Italy, as well as all actions and / or claims that could be exercised against this latter.
Introduction. A contract is a binding agreement stipulated between two or more parties, which dictates their rights and their duties, and the penalties each party has to pay in case the contract is not honoured. In the current practice of information technology, contracts are not that different from those legal agreements traditionally enforced in courts of law. Both software and services commit themselves to re- spect some (typically weak, if not “without any expressed or implied warranty”) service level agreement. In the case this is not honoured, the only thing the user can do is to take legal steps against the software vendor or service provider. Since legal disputes may require a lot of time, as well as relevant expenses, such kinds of contracts serve more as an instrument to discourage users, rather than making easier for users to demand their rights. Recent research has then addressed the problem of devising new kinds of contracts, to be exploited for specifying and automatically regulating the interaction among users and service providers. See e.g. [6, 8, 11, 13, 20], to cite a few. A contract subordinates the behaviour promised by a client (e.g. “I will pay for a service X”) to the behaviour promised by a service (e.g. “I will provide you with a service Y”), and vice versa. The crucial problems are then how to formalise the concept of contract, how to understand when a set of contracts gives rise to an agreement among the stipulating parties, and how to actually enforce this agreement in an open, and possibly unreliable, environment. In the Concurrent Constraint Programming (CCP) paradigm [23, 24], concurrent processes commu- nicate through a global constraint store. A process can add a constraint c to the store through the tell c primitive. Dually, the primitive ask c makes a process block until the constraint c is entailed by the store. Very roughly, such primitives may be used to model two basic operations on contracts: a tell c is for publishing the contract c, and an ask c′ is for waiting until one has to fulfill some duty c′. While this may suggest CCP as a good candidate for modelling contract-based interactions, some important features seem to be missing. Consider e.g. a set of parties, each offering her own contract. When some of the contracts at hand give rise to an agreement, all the involved parties accept the contract, and start interacting to accomplish it. A third party (possibly, an “electronic” court of law) may later on join these parties, so ...
Introduction. The deterioration of public finance and the increase in global competition have forced governments and public institutions to obtain “the best value for money” through the purchase of goods, works and services in the form of procurement contracts. Efficient public procurement contracts (henceforth PPCs) are thus emerging as a “core necessity for ... the public’s sector effectiveness in obtain- ing resources for social spending and/or lower taxes” (Xxxxxxx et al., 2006). These contracts have recently recorded a rapid increase both in number and in value, reaching 16% of GDP in the EU, and around 20% in the United States.1 However, PPCs have both costs and benefits: their benefits (i.e. allocative and productive efficiency) can be quickly erased by the costs (i.e. inefficiency) which often arise from contractual incompleteness and all the issues that ensue therefrom.2 In this paper we specifically address the source of inefficiency which pertains to delays in PPC execution times3 by investigating the optimal penalty design which should provide the right incentive to prevent delays. Indeed, delays in de- livery dates in PPCs may negatively affect all the actors involved, i.e. they may determine direct costs for the procurer, lower firms’ profits (i.e. firms other than the contractor) and reduce consumers’ utility. The typical illustrative example in this regard is provided by a PPC for roadway resurfacing, rehabilitation and restoration: if these activities are undertaken in heavily urbanized areas, they may cause extreme traffic congestion and severe inconvenience to the travelling public and the business community. Thus, delays in the completion of these works prolong the negative impact on users (i.e. a social cost), and also cause overruns in the planned execution costs.4 There is evidence that delays in delivery dates have been particularly large and harmful in the recent Italian experience of PPCs. The data-base compiled by the Italian Authority in charge of controlling PPCs (Autorità per la Vigi- xxxxx xxx Contratti Pubblici di Lavori, Servizi e Forniture - AVLP ) records all contracts of a value between 150,000 and 15,000,000 euros awarded by munic-
1 Note that between 1995 and 2002 PPCs in the EU underwent a 31% increase in value (Xxxxxxx, et al., 2006: Ch. 1). See also: xxxx://xxxxxx.xx.xxx/xxxx/xxxxxxxx_xxxxxx/xxxxxxxxxxxxxxxxx/xxxxx_xx.xxx
2 The economic and engineering literatures give different explanations for the main issues arising in PPCs. M...
Introduction. In the last decades, the number of devices, e.g., mobile phones, smart phones and slates, used in our daily life is rapidly growing up. Furthermore, the computational capabilities of such devices tend to increase over and over. This allows to download and run a rich variety of applications on mobile devices. Mobile Java applications (MIDlets) offer a clear example of fixed trust relationship. Indeed, a MI- Dlet is a software released by some vendor that clients download and install on their device. The serious constraints on the resources of mobile devices (e.g., CPU, memory, battery) make several security mech- anisms practically infeasible. The current technique for providing security assurances to mobile device users is based on software certification released by a accredited certification authority (CA). ∗This paper is an extended version of the paper [7] presented at IMIS 2010. †Work partially supported by EU-funded project FP7-257930 ANIKETOS, by EU-funded project FP7-231167 CONNECT and by EU-funded project FP7-256980 NESSOS. The certificate-based approach has several, well known drawbacks. Mainly, it implements a white list strategy. While certified MIDlets have all the privileges they need, uncertified applications have very little access to the system independently from their actual behaviour, leading to a significant reduction of their usability. On the other hand, executing a malicious, signed application can have obvious, dramatic consequences. There are many ways in which this attack can take place. A simple attacking scenario is based on the user’s unawareness about security. Basically, a device owner wanting to install a MIDlet could decide to ignore whether it is not signed. This scenario is becoming popular, for instance, with local providers offering small, contextual applications (e.g., catalogues, interactive guides). Often, MIDlet spots dispatch unsigned or self-certified applications to users moving inside some area of interest (e.g.,a museum). Another danger arises from the hierarchical structure of certificates. In fact, when purchasing a certificate, the owner is often authorized to produce and distribute sub-certificates. The features of a sub-certificate depend on the structure of the original one (e.g., a certificate can generate sub-certificates with an expiration date lower or equal to its own). For instance, an attacker acquiring a certificate can use it for signing a malicious MIDlet. Then, after detecting the attack, it sho...
Introduction. Teleworking is proving to have a growing importance as an alternative working option which can bring benefits to both the Employer and Employee. The broad term teleworking used in this Agreement is intended to refer to any job where the work is performed at or from home instead of at or from Co-operative Bank premises for a significant proportion of the contractual working hours. The contractual place of work is specified as the 1)home address. The terms Teleworking and Home Working are used inter change ably although. it is accepted that teleworking is often defined as a more sophisticated form of home working involving the substantial use of on line information technology. Teleworkers will be managed in line with Collective Agreements reached between the Bank and BIFU as apply to permanent Bank staff with the exception of the terms set out in this Agreement which may supersede other Agreements Terms are intended to he as favourable as those of other permanent Bank staff. The Bank places great emphasis on the trust required both in the Teleworker and the Line Manager when working at home Regular communication and meetings are recognised by the Bank as an important means of ensuring that staff working from home continue to feel part of the team.
Introduction. This section of the Model describes the offences considered abstractly applicable in relation to the activities conducted by the Company, the identification of the activities at risk, and the corporate areas in which these offences may occur, as well as the formalization of the general and operational principles of conduct aimed at preventing the commission of these offences. The offences to be dealt with have been selected based on a careful analysis of the risks in relation to NCM's activities, and the organization of offices responsible for carrying out these activities. For this purpose, in addition to the examination of any relevant company documents (the articles of association, the organizational chart, the quality manual, the environmental quality management system manual), interviews were also conducted with the President of the Company, the members of the BoD, various Department Managers, and the company's adviser on environmental matters, who were asked to explain the work carried out and the relative responsibilities, as well as to compile special questionnaires for self risk- assessments. Based on the above analysis of the company, the following offences are dealt with in the Special Section of the Model: − crimes against the Public Administration (articles 24, 25 and 25-decies of the Decree); − corporate crimes (article 25-ter); − reati di omicidio colposo e lesioni colpose commessi con violazione delle norme antinfortunistiche e sulla tutela dell’igiene e della salute sul lavoro (art. 27-septies); − reati di ricettazione, riciclaggio e impiego di denaro, beni o utilità di provenienza illecita (art. 25-octies); − reati informatici (art. 24-bis); − reati in materia di contraffazione di marchi e brevetti (art. 25-bis); − delitti contro l'industria e il commercio (art. 25-bis.1) ; − reati in materia di diritto d'autore (art. 25-novies); − reatiambientali (art. 25 – undecies); − reato di impiego di cittadini stranieri il cui soggiorno è irregolare (art. 25 – duodecies); − reato di intermediazione illecita e sfruttamento del lavoro (art. 25- quinquies lett. a).