Examples of MLEC in a sentence
Part Two MLEC, entitled “Electronic commerce in specific areas”, focuses on the use of electronic means in the framework of contracts of the carriage of goods.
Yet, all these challenges of ‘digitalization’ are always subject to a national or local procedural law adopting sugges- tions made by United Nations Commission on Interna- tional Trade Law (UNCITRAL) in connection with UN- CITRAL Model Law on Electronic Commerce (MLEC) [14], UNCITRAL Model Law on Electronic Signatures (MLES) [15], Electronic Communications Convention (ECC) [16] and Model Law on Electronic Transferable Records (ETR) [17] – an ongoing struggle since 1997.
The expectation was that commercial paper issued by the MLEC would be viewed as safe because of the vast financial resources of the participating banks and because the Treasury had endorsed the plan (although MLEC’s debt would not carry any formal government guarantee).
National Casualty, Wausau, and Swiss Reinsurance America Corporation ("Swiss Re") participated as reinsurers in the MLEC Program.
Post-Quantum Systems 73 References 74 Abstract This report contains an update to the official delivery D.MAYA.2 of the ECRYPT2 Network of Excellence (NoE), funded within the Information & Communication Technologies (ICT) Programme of the European Commission’s Seventh Framework Programme (FP7).The report provides a summary of the work carried out in the areas of research covered by all MAYA activities.
Wausau entered into MLEC Agreements with OneBeacon in 1973 and 1974 that are identical in all relevant respects to OneBeacon's MLEC Agreements with Swiss Re from 1975 through 1980.
This allocation will be based on the MLEC CRNP methodology for estimating the proportionate use of the relevant transmission system assets.
Wausau's second argument is that at the time the parties negotiated the MLEC Agreements, "the law then in existence – that became part of the reinsurance contract here – required that the question of the collateral estoppel effect of a federal judgment entered on an arbitral award would be decided by a court, not arbitrators." Wausau did not raise this argument before the district court.
They proposed that a consortium of private banks create a “Master Liquidity Enhancement Conduit” (MLEC), to be capitalized entirely by the banks, which would buy assets from existing SIVs and fund these purchases in exactly the same way that the SIVs had done in the past: by issuing short-term commercial paper.
The Monitor shall not testify in any other litigation or proceeding with regard to any act or omission of the Commonwealth or any of its agents, representatives, or employees related to this case.