Define actio full#
Define actio pro#

Procurement Policy Board or “PPB” shall mean the board established pursuant to Charter § 311 whose function is to establish comprehensive and consistent procurement policies and rules which have broad application throughout the City. MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.Ĭompetent authorities means the competent authorities of the Member States as identified on the websites listed in Annex II

Define actio full#

Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.Įnvironmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated May 14, 2020, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Borrower shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.Įnvironmental and Social Management Plan means the Recipient’s document prepared in accordance with the Environmental and Social Management Framework with respect to an activity, that details: (i) the measures to be taken during the implementation and operation of the activity to eliminate or offset adverse environmental or social impacts, or to reduce them to acceptable levels, and (ii) the actions needed to implement these measures.īoard of Studies means the Board of Studies of the University Įnvironmental and Social Management Framework and “ESMF” means the Recipient’s framework dated November 30, 2010, which: (i) sets forth standards, methods and procedures specifying how technological research activities under the Project whose location, number and scale are presently unknown shall systematically address environmental and social issues in the screening and categorization, sitting, design, implementation and monitoring phases during Project implementation (ii) systematizes the environmental and social impact assessment required for such activities before Project execution and (iii) stipulates the procedures for conducting site-specific environmental impact assessments, be they limited environmental impact assessments or full environmental impact assessment.

Such an exception is on hand, if the shareholder has a special interest in taking direct measures against the third- party.

Define actio pro#

In exceptional cases, however, an “actio pro socio” is applicable to claims against third-parties. Conversely, an “ac- tio pro socio” can generally not be applied to assertion of claims against third parties, as in such cases, legal and contractual manage- ment and representation authorization take precedence over the interest in legal enforcement of company claims.

The most relevant examples for such claims are all rights to payment of amounts due or compensation for damages due to the violation of contractual obligations or of management duties. The “actio pro socio”, therefore, is only applicable to so-called “ social entitlements”, meaning company claims against each shareholder, with indirect or direct basis within the partnership agreement. This minority right enables the sole shareholder to assertion of internal prerogatives whenever he cannot assert the claim independently due to insuﬃcient management or authorization rights.

Actio pro socio means the right of each shareholder to demand a fulﬁlment of obligations towards the company from their fellow partn- ers and - if necessary - to pursue their claims through a judicial process.