Hungary definition

Hungary means the Republic of Hungary and the territory of the Republic of Hungary as the case may be;

Examples of Hungary in a sentence

The validity, performance and all matters relating to the interpretation and effect of these Terms and Conditions and the Agreement shall be construed and interpreted in accordance with the laws of Hungary, excluding its law on the conflict or choice of laws, provided that any provision of such law invalidating any provision of these Terms and Conditions or modifying the intent of the parties as expressed in these Terms and Conditions shall not apply.

For example, under as seen in the ECT, four contracting parties, including Australia, Canada, Hungary and Norway, opted out the final sentence of Article 10(1) (the umbrella clause), thereby not permitting investors to submit a dispute concerning this provision to international arbitration.

Recently, in AES Summit v Hungary, the arbitral tribunal drew a contrast between the notion of constant protection and security from the type of protections granted via stability agreements.

Share of 2006 turnover due to new-to-market product innovations introduced in 2004-06, by firm size, selected countries In % of turnover(for innovation-active firms)SME's Large firmsGreece PortugalSlovak Republic Czech RepublicPoland SpainDenmarkAustria Belgium Slovenia Turkey Hungary Norway FinlandNetherlands LuxembourgFrance Ireland Estonia ItalyGermany 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 Source: OECD, Science, Research and Industry Scoreboard 2009.

Since establishing businesses in Poland and the Czech Republic in 1997, the Group opened further operations in Hungary and Slovakia in 2001, Mexico in 2003 and Romania in 2006.