Sentences with phrase «obligations upon member»

The obligations upon Member States in EU Regulations are perforce expressed in terms like «A Member State shall...».

Despite a limited liability partnership (LLP) being a body corporate which is required to lodge an incorporation document with Companies House before being formally incorporated there is similarly no legal obligation upon members to be party to a membership agreement.

Not exact matches

«The one great obligation upon all the members of a tribe or clan,» writes Dr. John Peters, «was to avenge the shedding of the blood of any member of that tribe or clan.»

Unlike Western cultures, where harmonious social relations rest upon the satisfaction of individual needs or rights and fairness to all, «proper behavior in the Confucian collectivistic culture is defined by social roles, with mutual obligation among members of society and the fulfillment of their duties for each other being emphasized» (Ho, 2001, p. 100).

I think that sometimes family members put unrealistic expectations and obligations upon one another resulting in disappointment and resentfulness.

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.

Generally the amount of protection you need is a combination of what it would cost to help your surviving family members and dependents meet their current needs (like taxes, food, clothing, utilities, mortgage payments, etc.) plus future obligations (like college and retirement funding)-- minus the resources that your surviving family members could draw upon to meet those obligations (spouse's income, savings and investments, other income producing assets, and any life insurance you might already own).

Any member in good standing may resign from the Club upon written notice (mail, email, or direct delivery) to the Corresponding Secretary or Membership Chair, but any member who does resign is under an obligation to satisfy any debts owing to the Club if there be any.

Hopefully, in the future the ECJ will not forget that its mandate is not exhausted by the enforcement upon the member states of substantive EU obligations but covers also the protection of EU citizens» fundamental rights.

According to the Court, this principle imposes a legal obligation upon EU Member States to act for the benefit of other Member States even when such actions are not in their own interest (para. 291 of the Judgment).

Turning to the substance of the case, the General Court held that the obligation to state reasons for an act adversely affecting a person constitutes an essential principle of EU law and may only be derogated from for compelling reasons touching upon the security of the Union or its Members.

Certainly the NAACP, as I understand its position before this Court, denied that it had managed or controlled the litigation which it had urged its members or others to bring, disclaimed any desire to do so, and denied any adverse effects upon its operations if lawyers representing clients in school desegregation or other litigation financed by the NAACP represented only those clients and were under no obligation to follow the dictates of the NAACP in the conduct of that litigation.

Referring in the process to an earlier case on a similar matter (Twoh International), the Court then examined the Directive and concluded that the Directive aimed mainly at the coordination of the transfer of information between tax authorities of the Member States and did not address individuals, neither conferring rights upon them as taxpayers nor imposing any obligation on the tax authorities to consult taxpayers (para 36).

Be that as it may, in so far as Eurozone Member States are no longer able to fulfil their obligations under the IMF Articles of Agreement without encroaching upon the Union's exclusive competence, it can be argued that they have a duty to take «all appropriate steps to eliminate the incompatibilities» between the Union Treaties and the Articles of Agreement (see Article 351 TFEU).

Realtors» incomes based upon performance of their contractual obligations are negotiable between individual real estate sales people and consumers vis a vis Brokerages, with Brokerages openly offering different commission structures to members of the consuming public in a freely competitive environment.