Monarchy or Republic? Sample Clauses

Monarchy or Republic?. As for the Referendum of June 2, 1946, it was indeed a clear- cut break with the past. The Italian people put an end to the Monarchy that had been involved with the fascist regime and chose to establish a democratic republic. But here, too, a proper understanding of this historical fact requires careful interpretation. In reality, the referendum can hardly be considered “revolutionary”, since it was the outcome of an agreement among government parties, and not the result of an uprising. The agreement was then adopted by an act of the royal regency and is usually referred to as “provisional constitution”35. The number of votes in favor of the Republic did not amount to an overwhelming majority: the republic gained 12,717,923 and the monarchy 10,719,284, so that the difference was about two million votes. However, 1.498.136 votes were invalid. The votes in favor of the Monarchy came mostly from the south of the country; 34My translation from Alcide De Gasperi, Linee programmatiche delle Democrazia Cristiana, National Secretary’s address at the I Congress of the Christian Democrat Party, April 24-28, 1946, http://s3-eu-west- 1.amazonaws.com/dellarepubblica.it/Legislature/1943-46/1946/Dc- %201cong%2046/Popolo%20Icongresso%2046/De%20Gasperi.pdf: «Non temo la parola rivoluzione, ma ne ho piuttosto fastidio dopo venti anni che il fascismo, richiamandosi ai diritti della rivoluzione, ha commesso tante soperchierie e violato i diritti dei cittadini. A ogni modo la vera rivoluzione è la Costituente. […] I democratici cristiani sono per la soluzione democratica […]. [L]a parola Costituente non è venuta più tardi, ma è nata nel conflitto d'allora ed è nata soprattutto come tendenza democratica contro velleità di carattere insurrezionale […]. La nostra opera di Governo, che seguì fra scogli e difficoltà diverse, ha portato ad assicurare la Costituente nell'accordo stesso delle parti in causa e ad introdurre anche il referendum».

Related to Monarchy or Republic?

General All payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.
Definitions As used in this Agreement, the following terms shall have the following meanings:
WHEREAS highly competent persons have become more reluctant to serve publicly-held corporations as directors, officers or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of such corporations;
Entire Agreement The Transaction Documents, together with the exhibits and schedules thereto, contain the entire understanding of the parties with respect to the subject matter hereof and supersede all prior agreements and understandings, oral or written, with respect to such matters, which the parties acknowledge have been merged into such documents, exhibits and schedules.
Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.
NOW, THEREFORE the parties hereto agree as follows:
Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
Notices All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given (i) if delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third (3rd) business day after the date on which it is so mailed:
IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first above written.
Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage at least equal to the aggregate Subscription Amount. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.