Examples of using Functionally equivalent in English and their translations into Arabic
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Colloquial
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Political
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Ecclesiastic
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Ecclesiastic
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Computer
It was also suggested that, for reasons of clarity, a recommendation along the lines of alternative A should be added to reflect the unitary approach, which would otherwise be the understanding under the UNCITRAL Insolvency Guide(i.e. that references to security right in the UNCITRAL Insolvency Guide would apply to retention of title and functionally equivalent devices if a unitary approach were to be followed).
(c) In seeking to provide for functionally equivalent results, the rules applicable to post-default enforcement of an acquisition financing right under a current regime be modified to the extent necessary to produce congruity with the security rights regime recommended by the Guide to the greatest extent possible without compromising the coherence of the ownership regime, and divergences from the rules applicable to security rights under the Guide be made only to the extent necessary to preserve the coherence of the ownership regime.
The undertaking may stipulate, or the guarantor/ issuer and the beneficiary may agree elsewhere, that return of the document embodying the undertaking to the guarantor/ issuer, or a procedure functionally equivalent to the return of the document in the case of the issuance of the undertaking in non-paper form, is required for the cessation of the right to demand payment, either alone or in conjunction with one of the events referred to in subparagraphs( a) and( b) of paragraph 1 of this article.
I suppose at the end of the day, they're all functionally equivalent.
The MLETR applies to electronic transferable records that are functionally equivalent to transferable documents or instruments.
To put it this way, nature knows no other circumstance in which functionally equivalent traits coexist.
In these States, all transactions that fulfil the economic role of security are treated as functionally equivalent for insolvency purposes.
Likewise, any transaction that produces results which are functionally equivalent(retention-of-title sale or a financial lease) is considered as an acquisition financing transaction.
As for the substance of the law, similar adjustments would be necessary in order to produce outcomes that are functionally equivalent to those achieved under a unitary approach.
The remedies available to a lender in respect of acquisition security rights in a non-unitary jurisdiction should be functionally equivalent to those available to a retention-of-title seller.
the question of whether, in the above-mentioned situation, data messages would be regarded as functionally equivalent to paper.
To achieve this result, they would have to ensure that the rules governing effectiveness as between the parties would be functionally equivalent, regardless of the form of the acquisition financing transaction(see recommendation 185).
The rules governing acquisition financing should produce functionally equivalent economic results regardless of whether the creditor '
however, it will be necessary to adjust the rules relating to attachments to achieve a result that is functionally equivalent regardless of the form of the transaction.
In support of that view, it was stated that there might be difficulties with ascertaining what constituted a procedure functionally equivalent to the return of the instrument in the case of the issuance of the undertaking in non-paper form.
early investors are handsomely rewarded at the expense of latecomers until the supply of participants is exhausted. Such practices, illegal as practiced by Bernard Madoff, are functionally equivalent to what happens during an asset-price bubble.
The goal of achieving functionally equivalent outcomes is a powerful argument that States should characterize the ownership rights of retention-of-title sellers
as one that satisfied the requirements established by the Model Law for reliability and appropriateness, and could thus be regarded as functionally equivalent to a handwritten signature.
The ISC license is a permissive free software license published by the Internet Software Consortium, nowadays called Internet Systems Consortium(ISC). It is functionally equivalent to the simplified BSD and MIT licenses, but without language deemed unnecessary following the Berne Convention.
As to recommendation 134(enforcement), the Commission noted that the main difference between the alternatives set out in the recommendation was that the second version of the non-unitary approach resulted in acquisition security rights not being functionally equivalent to non-acquisition security rights.