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Jul 27, 2019 11:09
4 yrs ago
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English term
permitted cause
English to Polish
Law/Patents
Law (general)
Articles of Association
Conflicts of interest
(3) This paragraph applies when—
(c) the director’s conflict of interest arises from a permitted cause.
(a) a guarantee given, or to be given, by or to a director in respect of an obligation incurred
by or on behalf of the company or any of its subsidiaries;
(b) subscription, or an agreement to subscribe, for shares or other securities of the company
or any of its subsidiaries, or to underwrite, sub-underwrite, or guarantee subscription for
any such shares or securities; and
(c) arrangements pursuant to which benefits are made available to employees and directors or
former employees and directors of the company or any of its subsidiaries which do not
provide special benefits for directors or former directors.
Conflicts of interest
(3) This paragraph applies when—
(c) the director’s conflict of interest arises from a permitted cause.
(a) a guarantee given, or to be given, by or to a director in respect of an obligation incurred
by or on behalf of the company or any of its subsidiaries;
(b) subscription, or an agreement to subscribe, for shares or other securities of the company
or any of its subsidiaries, or to underwrite, sub-underwrite, or guarantee subscription for
any such shares or securities; and
(c) arrangements pursuant to which benefits are made available to employees and directors or
former employees and directors of the company or any of its subsidiaries which do not
provide special benefits for directors or former directors.
Proposed translations
(Polish)
2 | dopuszczalna przesłanka | Kamila Ołtarzewska |
2 | uzasadniony powód | mike23 |
Proposed translations
30 mins
dopuszczalna przesłanka
dopuszczalny/dozwolony powód/przyczyna
Jaślanowie str. 450
Jaślanowie str. 450
Example sentence:
We will let him get away with it on the permitted cause of his meaning to do no harm.
4 hrs
uzasadniony powód
uzasadniony powód
Discussion
@ Asker Można prosić o komentarz i odpowiedź?
(a) the director’s interest cannot reasonably be regarded as likely to give rise to a material conflict of interest; or
(b) the director’s conflict of interest arises from a permitted cause (as defined in Article10.4).
10.4 For the purposes of Article 10.3, the following are permitted causes:
(a) a guarantee given, or to be given, by or to a director in respect of an obligation incurred by or on behalf of the Association or any of its subsidiaries; and
(b) subscription, or an agreement to subscribe, for securities of the Association or any of its subsidiaries, or to underwrite, sub-underwrite, or guarantee subscription for any such securities.
https://www.rya.org.uk/SiteCollectionDocuments/legal/Web Doc...