privatief
English translation: person granting power of attorney \"retains right to act\"
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| 14:51 Jun 26, 2017 |
| Dutch to English translations [PRO] Law/Patents - Business/Commerce (general) / Articles of association - foundation | |||||||
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|  Selected response from: Terry Costin Netherlands Local time: 00:15 | ||||||
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| 4 | privative/privatively |
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| 3 | person granting power of attorney "retains right to act" |
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| Summary of reference entries provided | |||
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| refs |
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| Ref |
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| privatieve werking |
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| Discussion entries: 7 | |
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Answers
12 mins confidence: 
privative/privatively Explanation: Privative is the correct translation for privatief, and in your specific instance you need to use 'privatively' privative ˈprɪvətɪv/Submit adjective (of an action or state) marked by the absence or loss of some quality or attribute that is normally present. (of a statement or term) denoting the absence or loss of an attribute or quality. "parliament may insert a privative clause to achieve this result" GRAMMAR (of a particle or affix) expressing absence or negation, for example the Greek a-, meaning ‘not’, in atypical. https://en.wiktionary.org/wiki/privatively |
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3 days 20 hrs confidence:
person granting power of attorney "retains right to act" Explanation: (D) Under the laws of the Netherlands, each power of attorney ( volmacht ) or mandate ( lastgeving ) whether or not irrevocable, granted by the Company, will terminate by operation of law ( van rechtswege ), without any notice, upon bankruptcy of the Company and will cease to be effective in the event of a suspension of payments. It should also be noted that the granting of a power of attorney, even when such power of attorney is made irrevocable, does not have as a consequence that the person granting the power of attorney is not authorized to act itself (werkt niet privatief). Reference: http://investor.aosmith.com/secfiling.cfm?filingid=1193125-1... |
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Reference comments
10 mins |
| Reference: refs Reference information: "A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another's behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. The person authorizing the other to act is the principal, grantor, or donor (of the power). The one authorized to act is the agent[1] or, in some common law jurisdictions, the attorney-in-fact." (https://en.wikipedia.org/wiki/Power_of_attorney ) |
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1 hr peer agreement (net): +1 |
| Reference: Ref Reference information: In deze specifieke context (volmachtverlening), betekent 'geen privatieve werking' dat de volmachtgever ook zelf (i.e. naast de gevolmachtigde) bevoegd blijft om de betreffende rechtshandelingen te verrichten. Zie bijvoorbeeld: Een volmachtverlening heeft op zichzelf geen “privatieve werking”: de volmachtgever blijft ook zelf bevoegd de rechtshandeling te verrichten waarvoor hij volmacht gaf. De volmachtgever passeert als hij die rechtshandeling zelf verricht de gevolmachtigde. Wil men bereiken dat een volmachtgever de rechtshandeling waarvoor hij volmacht geeft niet meer zelf kan verrichten (en dat uitsluitend de gevolmachtigde daartoe bevoegd zal zijn) dan moet in de volmacht worden opgenomen dat deze privatieve werking heeft. http://juridischmodelvolmachtvoorbeeld.nl/de-volmacht/privat... |
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2 days 4 hrs peer agreement (net): +1 |
| Reference: privatieve werking Reference information: http://www.seydlitz.nl/index.php?p=nieuws&id=57 http://juridischmodelvolmachtvoorbeeld.nl/de-volmacht/privat... |
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