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A reservation in international law is a caveat to a state's acceptance of a treaty. A reservation is defined by the 1969 Vienna Convention on the Law of Treaties (VCLT) as: . a unilateral statement, however phrased or named, made by a State, when signing, ratifying, accepting, approving or acceding to a treaty, whereby it purports to exclude or to modify the legal effect of certain provisions ...
Equity reserves are created from several possible sources: Reserves created from shareholders' contributions, the most common examples of which are: legal reserve fund - it is required in many laws and it must be paid as a percentage of share capital; share premium - amount paid by shareholders for shares in excess of their nominal value.
Reserved powers, residual powers, or residuary powers are the powers that are neither prohibited to be exercised by an organ of government, nor given by law to any other organ of government. Such powers, as well as a general power of competence , nevertheless may exist because it is impractical to detail in legislation every act allowed to be ...
An insurer that reserves its rights may recover reimbursement from its own policyholder certain sums spent for the costs of defense [8] and the costs of settlement. [9] A right that does not already exist may not be created by reserving it. [10] A valid reservation of rights does not require the policyholder’s consent. [11]
Chapter 133 — Facilities for Reserve Components; Chapter 134 — Miscellaneous Administrative Provisions; Chapter 135 — Space Programs; Chapter 136 — Provisions Relating to Specific Programs; Chapter 138 — Cooperative Agreements with NATO Allies and Other Countries; Chapter 141 — Miscellaneous Provisions Relating to Property
The reserve power of dismissal has never been used in Canada, although other reserve powers have been employed to force the prime minister to resign on two occasions: The first took place in 1896, when the Prime Minister, Sir Charles Tupper, refused to step down after his party did not win a majority in the House of Commons during that year's ...
In United States government contracting, a provision or solicitation provision is a written term or condition used in a solicitation. A solicitation provision applies only before a contract is awarded to a vendor. [1] This distinguishes provisions from clauses, which apply after contracts are awarded (and possibly before).
The United States assumes no obligation to preserve the territorial integrity or political independence of any other country or to interfere in controversies between nations — whether members of the League or not — under the provisions of Article X, or to employ the military or naval forces of the United States under any article of the ...