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Bestellungsrechte

English translation: rights of appointment

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Bestellungsrechte
English translation:rights of appointment
Entered by: Jessica Klingberg
Options:
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01:00 Aug 4, 2004
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Bestellungsrechte
Er weist darauf hin, dass die betreffenden Direktoren dann Nominee Directors seien und der Regierung jedenfalls nicht ohne Zustimmung der anderen Shareholders direkte Bestellungsrechte uebertragen werden koennen.
Jessica Klingberg
United States
Local time: 16:37
rights of appointment
Explanation:
These are appointed.

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Note added at 10 mins (2004-08-04 01:11:16 GMT)
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Directors are appoint by a vote of the shareholders, i.e., the shareholders hold the rights of appointment or the right to appoint. These rights canno be assigned without the agreement of the other shareholders.
Selected response from:

Dr. Fred Thomson
United States
Local time: 14:37
Grading comment
Excellent! Thank you Dr. Thomson for your help.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +5rights of appointment
Dr. Fred Thomson


  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
rights of appointment


Explanation:
These are appointed.

--------------------------------------------------
Note added at 10 mins (2004-08-04 01:11:16 GMT)
--------------------------------------------------

Directors are appoint by a vote of the shareholders, i.e., the shareholders hold the rights of appointment or the right to appoint. These rights canno be assigned without the agreement of the other shareholders.

Dr. Fred Thomson
United States
Local time: 14:37
Native speaker of: English
PRO pts in category: 87
Grading comment
Excellent! Thank you Dr. Thomson for your help.

Peer comments on this answer (and responses from the answerer)
agree  Ingrid Blank
3 hrs
  -> Thanks, Ingird.

agree  Siegfried Armbruster
4 hrs
  -> Thank you

agree  Laura Genescu (Briciu)
6 hrs
  -> Thanks, Laura.

agree  Terry Moran: The only solution.
7 hrs
  -> Thanks, Terry

agree  gangels: power of appointment?
11 hrs
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