Translation of "Innenverhältnis" in English

Hence that liability of the Bund is in fact being replaced by a liability of the WestLB shareholders internally.

We always act as a service provider, even in our internal relationships.

In each case, MTU is internally liable to the amount of its program share.

The articles of association govern the company's internal affairs.

The user makes the KKH in the internal relationship of any free from these violations resulting claims of third parties.

The liability as between the Contractor and the Purchaser shall, however, always be settled by arbitration in accordance with Clause 71.

On the basis of the institutional liability, which is applicable until July 2005, the Land of Berlin is, as regards its internal relationship with LBB, required to provide LBB, as a public?law body, with resources in such a way that it is able to perform its tasks.

Even though Deutsche Post was obliged pursuant to Article 54(2) PostVerfG 1989 to finance civil servants' pension costs, Germany maintains that the provision was only an internal arrangement to raise funds for the public budget (e.g. as the obligation to pay Ablieferungen pursuant to Article 63 PostVerfG 1989).

Several owners are collectively responsible, in their internal relationships according to their shares [or: according to the provisions in the by-law of the institution.]"

The European Community has internal competence to adopt general and specific measures relating to private international law in various fields in its Member States.

Since WestLB received no advantage from Wfa's regular activities, the latter's value had to be established as the possible proceeds in the event of its sale — without the reinvestment obligations that exist only in the internal relationship.

Nor would such a redistribution of shares correspond to the special nature of Wfa's assets (lack of liquidity, internal subordinate liability).

However, internally the special reserve is subordinate in its liability to the other equity of WestLB and this internal situation would be decisive for the decision of an investor.

As an investor in Wfa, the Land bears a lower risk because of the internal subordination agreement between the shareholders of WestLB.

In deciding to invest, an investor would pay particular attention to the fact that, although externally the promotion-related assets were exposed to loss without limitation, internally their liability was restricted to an amount corresponding to the share of NordLB’s capital held by the Land of Lower Saxony.

The liability in respect of the promotion-related assets is limited internally to the share of the Land of Lower Saxony in NordLB’s capital, and the Land is entitled to seek compensation from all of NordLB’s other guarantors.

However, the internal restriction on liability cannot justify any reduction in remuneration since, from NordLB's point of view, it remains the case that the advantage obtained by means of the capital transfer must be adequately remunerated in order to avoid distortions of competition.

At most the arrangement could have led to the Land compensating the Sparkassenverband internally for assuming this additional risk. However, no such agreement was concluded and the matter is irrelevant for the purposes of this proceeding.

The condition for the recognition of a concentration in the form of a combined group is, however, that the undertakings or groups concerned are not only subject to a permanent, single economic management, but are also amalgamated into a genuine economic unit, characterised internally by profit and loss compensation between the various undertakings within the groups and externally by joint liability.

Having considered the provisions of Articles 3, 38, 39, 40 and 43 of the Treaty, Annex II to the Treaty, the secondary legislation relating to fisheries (Regulations Nos 2141 and 2142/70 of 20 October 1970) and Article 102 of the Act of Accession, the Court concluded that 'the Community has at its disposal, on the internal level, the power to take any measures for the conservation of the biological re sources of the sea, ... which include the fixing of catch quotas and their allocation between the different Member States'.

However, since the Community had not yet 'fully exercised its functions in the matter', whether within the framework of the NEAFC or internally, the Court deduced that at the material time the Member States still had 'the power to assume commitments, within the framework of the NEAFC, in respect of the conservation of the biological resources of the sea, and ... the right to ensure the application of those commitments within the area of their jurisdiction'.