Mandatory Law definition

Mandatory Law means any statutory law the provisions of which cannot be departed from by contractual stipulations to the detriment of the Customer.
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Mandatory Law means any law or international convention forming part of the national law relating to the carriage of goods, the provisions of which cannot be departed from by contractual stipulations detrimental to the consignor or consignee.
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Mandatory Law. – means provisions of Law which may not be contrarily addressed or regulated by the determination and/or consent of the Company and/or other parties.
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Examples of Mandatory Law in a sentence

  • PGFR also apply in each case when Freight Forwarder's liability is engaged, including liability in tort, as far as it does not contradict the Mandatory Law.

  • The IBC will establish and implement policies that will ensure adherence to the NIH Guidelines.

  • Mandatory Law means any statutory law the provisions of which cannot be departed from by contractual stipulations to the detriment of the Customer.

  • Our prediction under the Rational Design model is that increasingly from the Late Period of October 2014 onward sovereigns with the Rank Equally in Payment clause will change to language that re-creates the sovereigns’ preferred intermediate risk of holdouts.However, the sovereigns using the high risk Pay Equally or lowest risk Mandatory Law terms will not be motivated to change their clause as these terms were not affected by the SDNY opinion.

  • This change is statistically significant at the 1% confidence level.This movement to Rank Equally in both directions, from high risk Pay Equally and Rank Equally in Payment and from the lowest risk Mandatory Law, supports the Random Mutation model and is inconsistent with the Rational Design model.

  • After a Performance Based Award has been granted, the Administrator may, in appropriate circumstances and subject to any other approval required in order to comply with Mandatory Law (for example, shareholders’ approval), amend any Performance Condition, at its sole and absolute discretion.

  • As noted above, the pari passu clause comes in four versions: Rank Equally, Rank Equally in Payment, Pay Equally and one of the three mentioned versions plus Mandatory Law.

  • The Mandatory Law clause accordingly creates the lowest risk of holdouts.

  • In particular, the Mandatory Law and Pay Equally versions of the pari passu clause were not affected by the SDNY opinion and thus should remain unchanged.

  • Table 7 reports the frequency of Major changes for each sovereign based on the initial type of pari passu clause.[Insert Table 7 Here]Ten of the Major changes involve sovereigns that initially used the Rank Equally in Payment clause and 17 were sovereigns that had the Mandatory Law clause.


More Definitions of Mandatory Law

Mandatory Law means any law of Singapore, or any international convention forming part of the law of Singapore, relating to the carriage of goods, the provisions of which cannot be departed from by contractual stipulations detrimental to the consignor or consignee;
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Mandatory Law means any Hatutory law or international convention the provisions of whiG cannot be departed by contraßual stipulation to the detriment of the CuHomer.
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Mandatory Law means any statutory law or international convention the provisions of which cannot be departed by contractual stipulation to the detriment of the Customer.
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Mandatory Law provisions of Law which may not be contrarily addressed or regulated by the determination and/or consent of the Corporation and/or other parties.
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Mandatory Law means any law of Singapore, or any international convention forming part of the law of 25
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Related to Mandatory Law

  • Regulatory Law means the Xxxxxxx Act, as amended, the Xxxxxxx Act, as amended, the HSR Act, the Federal Trade Commission Act, as amended, and all other federal, state and foreign, if any, statutes, rules, regulations, orders, decrees, administrative and judicial doctrines and other laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition.

  • Electronic Transactions Law means the Electronic Transactions Law (2003 Revision) of the Cayman Islands.

  • Applicable School Finance Law means Chapters 48 and 49 of the TEXAS EDUCATION CODE, and other applicable provisions of the TEXAS EDUCATION CODE, the Texas Economic Development Act (Chapter 313 of the TEXAS TAX CODE); Chapter 403, Subchapter M, of the TEXAS GOVERNMENT CODE applicable to the District; and, the Constitution and general laws of the State applicable to the school districts of the State, including specifically, the applicable rules, regulations, and interpretations of the agencies of the State having jurisdiction over any matters relating to the public school systems and school districts of the State, and judicial decisions construing or interpreting any of the above. The term also includes any amendments or successor statutes that may be adopted in the future which impact or alter the calculation of the Applicant’s ad valorem tax obligation or the M&O Amount in Section 4.2 of this Agreement to the District, either with or without the limitation of property values made pursuant to this Agreement.

  • Hart-Scott-Rodino Act means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

  • Regulatory Laws means all Applicable Laws governing (i) the import, export, testing, investigation, manufacture, marketing or sale of the Product, (ii) establishing recordkeeping or reporting obligations, (iii) any Field Action or (iv) similar regulatory matters.

  • Electronic Transactions Act means the Electronic Transactions Act (As Revised) of the Cayman Islands.

  • bye-law means a bye-law framed by the corporation under this Act;

  • Mandatory Policies means the following of our business policies and codes:

  • Antitrust Law means the Xxxxxxx Act, as amended, the Xxxxxxx Act, as amended, the HSR Act, the Federal Trade Commission Act, as amended, Foreign Antitrust Laws and all other Laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition.

  • Data Protection Law means the applicable legislation protecting the fundamental rights and freedoms of persons and their right to privacy with regard to the processing of Personal Data under the Agreement (and includes, as far as it concerns the relationship between the parties regarding the processing of Personal Data by SAP on behalf of Customer, the GDPR as a minimum standard, irrespective of whether the Personal Data is subject to GDPR or not).

  • Law means any law, statute, ordinance, code, rule, regulation, order, writ, proclamation, judgment, injunction or decree of any Governmental Authority.

  • Mandatory Requirements means those requirements described herein, which shall be fully satisfied in order for any Proposal to be considered by the City as a qualified Proposal.

  • Cookie Law means the relevant parts of the Privacy and Electronic

  • HSR Act means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • customary law means any custom having the force of law in the Republic of the Marshall Islands; and includes any Act declaring the customary law;

  • Applicable Data Protection Law means, as applicable, the EU General Data Protection Regulation (Regulation 2016/679) (as may be amended, superseded or replaced) ("GDPR") and all other supplemental or implementing laws relating to data privacy in the relevant European Union member state, including where applicable the guidance and codes of practice issued by the relevant supervisory authority, and/or all applicable analogous privacy laws of other countries;

  • Competition Law means any domestic or foreign antitrust, competition and merger control law or regulation that is applicable to the transactions contemplated by this Agreement.

  • Company By-laws means the Amended and Restated By-laws of the Company.

  • Company Law means the Companies Law (as amended) of the Cayman Islands.

  • State law means the unemployment insurance law of any state, approved by the United States secretary of labor under section 3304 of the Internal Revenue Code of 1954.

  • Corporations Law means the Corporations Law of the Commonwealth of Australia as applying in each State and Territory of Australia;

  • Data Protection Laws means EU Data Protection Laws and, to the extent applicable, the data protection or privacy laws of any other country;

  • New York Convention means the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, done at New York on 10 June 1958;

  • Family Law Act means the Family Law Act, R.S.O. 1990, c. F.3, as am. S.O. 2006, c. 1, s.5; 2006, c. 19, Sched. B, s. 9, Sched. C, s. 1(1), (2), (4);

  • Competition Laws means any federal, state, foreign, multinational or supranational antitrust, competition or trade regulation statutes, rules, regulations, orders, decrees, administrative and judicial doctrines and other laws that are designed or intended to prohibit, restrict or regulate actions or transactions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition or effectuating foreign investment.

  • disciplinary law means a law regulating the discipline of any disciplined force;