Sobesedilo: the compensation payable should either party fail to fulfil its contractual obligations

Sobesedilo: kompenzacije, ki se izplačajo, če katera od strank ne izpolni svojih pogodbenih obveznosti

Sobesedilo: Insurance and reinsurance intermediaries should be registered with the competent authority of the Member State where they have their residence or their head office, provided that they meet strict professional requirements in relation to their competence, good repute, professional indemnity cover and financial capacity.

Sobesedilo: Zavarovalni in pozavarovalni posredniki bi morali biti registrirani pri pristojnem organu države članice, v kateri imajo stalno prebivališče ali glavno upravo, če izpolnjujejo stroge poklicne pogoje glede strokovnosti, ugleda, odškodninskega jamstva in finančne sposobnosti.

Sobesedilo: For this purpose 'contract' includes a bond, financial guarantee and indemnity or credit whether legally independent or not and any related provision arising under or in connection with the transaction;

Sobesedilo: Za ta namen "pogodba" vključuje finančne garancije in jamstva ali kredite, pravno neodvisne ali ne, ter vse določbe, ki so nastale iz ali v povezavi s tem poslom;