Examples of Luxembourg Civil Code in a sentence
Vis-à-vis third parties, the Company shall constitute one single legal entity, but by derogation from article 2093 of the Luxembourg Civil Code, the assets of a particular Sub-Fund are only applicable to the debts, engagements and obligations of that Sub-Fund.
In derogation of Article 2093 of the Luxembourg Civil Code, the assets of a specific Sub-Fund only cover the debts and obligations of that Sub-Fund, even those that exist in relation to third parties.
If a transfer by any Lender of its rights and/or obligations under this Agreement (and any relevant Credit Documents) occurred or was deemed to occur by way of novation, the parties hereto explicitly agree that all securities and guarantees created under or in connection with any Credit Documents shall be preserved for the benefit of the new Lender, new secured party, participant or their successors or assignees in accordance with the provisions of article 1278 of the Luxembourg Civil Code.
Pursuant to Section 181 of the 2010 Act, an investment company with multiple sub-funds constitutes a single legal entity and, by derogation from Article 2093 of the Luxembourg Civil Code, the assets of a specific sub-fund only cover the debts, liabilities and obligations of that sub-fund.
For the avoidance of doubt, the Pledgor hereby waives any rights arising for it now or in the future (if any) under Article 2037 of the Luxembourg Civil Code.
Notwithstanding the provisions of Article 1341 of the Luxembourg Civil Code, Alipay shall, whenever useful or necessary, be entitled to prove its allegations by any means legally admissible in commercial matters, such as witness statements, affidavits, electronic records and any other suitable documents.
Such assignment by the Pledgee shall be enforceable towards the Pledgor and the Debtor pursuant to the provisions of article 1690 of the Luxembourg Civil Code.
She further testified that, had she known a petition had been filed, Lou Sobh Automotive would not have continued further communication with Debtor.
In derogation of Article 2093 of the Luxembourg Civil Code, the assets of the specific Sub- Fund only cover the debts and obligations of that Sub-Fund, even those existing in relation to third parties.The Company’s Board of Directors may decide to issue one or more Share-Classes for each Sub-Fund.
The Company acknowledges and accepts the benefit of the third-party beneficiary clause (‘stipulation pour autrui’) pursuant to the Belgian or Luxembourg Civil Code, as applicable, in respect of the Commissionaire Account.