Glossary entry

English term or phrase:

on the basis of business efficacy

Italian translation:

in sede di effiacia negoziale > e economia del contratto

Added to glossary by EnricaZ
May 1, 2021 15:00
3 yrs ago
34 viewers *
English term

on the basis of business efficacy

English to Italian Law/Patents Law: Contract(s)
Choice of Italian Regulatory Laws under the Confirmations
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!

Proposed translations

3 hrs
Selected

in sede di effiacia negoziale > e economia del contratto

Business efficacy of a contract IMO has more to do with the effiacia economica interpretation cf. Wirtschaftlichkeit des Vertrags in DEU and the business-structure économie du contrat in FRE.

Regulatory law: quaere in Latin > disciplina di...
Example sentence:

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.

Something went wrong...
4 KudoZ points awarded for this answer.
2 days 20 hrs
English term (edited): on the basis of [...] business efficacy

in base a considerazioni di natura economica

Che ne pensi? Credo che il concesso sia esattamente quello che hai espresso tu, ma la soluzione che ti ho proposto lo esprime in modo meno letterale ma comunque comprensibile.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search