Glossary entry (derived from question below)
English term or phrase:
on the basis of business efficacy
Italian translation:
in sede di effiacia negoziale > e economia del contratto
English term
on the basis of business efficacy
In the alternative, by virtue of the terms of the Confirmations, the parties chose Italian Regulatory Laws as applicable to the part of the Transactions covering the Presentations.
XXX will rely on the terms of the Confirmations were as set out in paragraph 3.
In the premises, on a true construction of the Confirmations, the parties acknowledged and agreed that Italian Regulatory Laws applied to the Presentations.
***Alternatively. it was an implied term of the Confirmations on the basis of obvious inference or business efficacy that the Presentations were subject to Italian Regulatory Laws.****
In the premises, the choice of English law in clause 11 of the Agreement was subject to the choice in the Confirmations of the Italian Regulatory Laws as governing the Presentations.
Alternatively, the choice of the Italian Regulatory Laws in the Confirmations prevailed over the choice of English law in the Master Agreement by virtue of clause 7 of the Agreement.
Mi sembra di capire che la business efficacy sia l'efficacia, oltre che giuridica, economica di un'operazione negoziale.
Quindi la frase intende dire che si tratta di una clausola implicita per ovvia deduzione o efficacia commerciale?
Non sono sicura di averla compresa bene.
Grazie per l'aiuto!
3 | in sede di effiacia negoziale > e economia del contratto | Adrian MM. |
3 | in base a considerazioni di natura economica | Emanuele Vacca |
Proposed translations
in sede di effiacia negoziale > e economia del contratto
Regulatory law: quaere in Latin > disciplina di...
Economia del contratto e ordine pubblico. In tali casi, viene al cospetto l’evocazione (con il nomen o con altre evidenze), da parte del predisponente, di un tipo contrattuale e del suo contestuale snaturamento
L'économie du contrat est une notion utilisée depuis assez longtemps en Droit privé, pour ce qui concerne l'interprétation du contrat, lorsque la volonté exprimée par les parties est insuffisante pour résoudre le problème posé au juge.
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