...Welcome to Geothermal Pros and Cons If you’re looking for information about anything geothermal, you’ve come to the right place. It is our mission to provide a hub of information on everything geothermal. Whether you’re a beginner just trying to understand the definition of geothermal, or are an industry veteran looking for the latest technology and industry practices, we are here to help meet your needs. Here you’ll find articles, videos, FAQ’s, and guides addressing everything from the history of geothermal to what lies in the near future with this incredible resource. Let’s get started with a brief introduction: Geothermal As the name implies, GEOTHERMAL is heat (therm) of the earth (geo). Although the name is quite simple, it provides us with extraordinary capabilities. Geothermal Energy It is widely accepted that the center of the earth contains magma, a substance of remarkable temperature and pressure. Suffice it to say there is a phenomenal amount of thermal energy deep in the earth’s surface that, if harnessed, would be able to provide all the energy our world could use for a long time. This is not a source of energy that will completely deplete, as the sun provides energy as does radioactive decay of materials already deep within the earth. Geothermal HVAC At the core of any construction project, residential, commercial, or industrial, is the HVAC System. For centuries people have utilized processes to make their living, working, and recreational surroundings more...
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...英国1999年合同法(第三方权利) 摘要:本文主要介绍了英国1999年合同法(第三方权利)的主要内容。 1999年第31章 本法旨在对第三方履行合同条款做出规定。 (1999年11月11日) 以下条款根据本届议会上议院神职和非神职议员以及下议院的建议并由本届议会规定与同意通过,以女王陛下之名义颁布: 1.第三方实施合同条款的权利。 (1)根据本法规定,非合同当事方(第三人)也可享有实施合同条款的权利,如果: (a)该合同明示规定其享有这样的权利,或 (b)根据下文第(2)款的规定,该合同有关条款赋予第三人以某种权益。 (2)如果基于适当基础之上的合同,其当事人没有将合同条款扩展适用于第三方的意思,则以上第一款(b)项不予适用。 (3)第三方名称必须在合同中明示加以界定,或确定其为某群体的一员,或表述出其为特定的种类,但在缔约时其不必实际存在。 (4)本条规定并不授予第三方以实施合同条款的权利,但根据本合同其他相关条款规定授予第三方该权利的除外。 (5)为实践其履行合同条款的权利,如果第三方在自己已经作为合同一方当事人的情况下遭遇他方违约行为,则第三方享有对他自己来说是可行的救济的权利(相应地,和有关损失、法院禁令、具体履行以及其他救济相关的规则也将适用)。 (6)当某一合同条款排斥或限制与本法中涉及第三方实施合同条款有关事项的责任,该合同条款应做使其利用这种限制或排斥的解释。 (7)在本法中,涉及第三方可实施的合同条款时, “缔约方”表示由第三方而非由其负责合同条款实施的一方合同当事人,且 “受约人”表示相对于缔约方,由其负责合同条款实施的另一方合同当事人。 2.合同的变更与撤消。 (1)根据本条的规定,第三方拥有第1条中实施合同条款的权利,根据协议,合同双方不可撤消合同,或没有经第三方同意而以消灭或改变给予该项权利的条件的方式变更之,如果 (a)第三方已对缔约方及合同条款表示同意, (b)缔约方意识到第三方已信赖该条款,或者 (c)缔约方可以合理预见到第三方将信赖且实际上第三方已信赖该条款。 (2)前款第a项所述的“同意”是指: (a)可以用语言或行为表达,并且 (b)如果是以邮递或其他方式传递给缔约方,那么直到缔约方收到时,才视为已知晓。 (3)第(1)款服从于合同的明示条款,在该明示条款中 (a)合同双方可协商撤消或变更合同而无须第三方的同意,或 (b)合同中具体规定需要由第三方同意而非依上述第(1)款第a项至第c项的规定。 (4)当根据第(1)款或第(3)款,需要取得第三方的同意时,法庭或仲裁庭依据合同当事方的要求,在以下情形下可以免除其同意: (a)由于不能合理确定第三方下落而无法得到其同意,或 (b)因第三方的精神状况而无法给出其同意。 (5)法庭或仲裁庭依照合同当事方的要求,可以免除第(1)款第c项中所要求的同意,如果无法合理确定是否第三方实际上已信赖该条款的话。 (6)如果法庭或仲裁庭免除第三方同意的话,那么其可以提出其认为适当的条件,包括要求支付对第三方赔偿的条件等。 (7)高等法院和县法院均可行使第(4)款至第(6)款规定的授予法院的权限。 3.缔约方享有的抗辩事由等。 (1)基于对以上第1条的信赖,在为了执行合同条款而由第三方提起的诉讼程序时,以下第(2)款至第(5)款应予适用。 (2)缔约方应享有对下列事项的抗辩或免责事由: ...
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...Firms Size And Gains From Acquisition By Santosh Singh Vasudev 1 PDF Created with deskPDF PDF Writer - Trial :: http://www.docudesk.com Firms Size And Gains From Acquisition Contents Introduction 1 Predictable Hypothesis 2 Data And Methodology 6 Data 6 Methodology 8 Abnormal Performance Measure 8 Test Statistics 9 Empirical Findings 10 Conclusion 22 References 24 2 PDF Created with deskPDF PDF Writer - Trial :: http://www.docudesk.com Firms Size And Gains From Acquisition Introduction 1. Takeovers are one of the most important events in corporate finance, both for a firm and the economy. Extensive research has shown that shareholders in bidding firms gain significantly and that wealth is created at the announcement of takeovers i.e., combined bidder and target returns are positive. 2. Our main focus is on examining the returns to acquirer’s i.e. large and small firms, making bids for public, private, and subsidiary targets, using cash and stock, and seeing how the acquirers’ returns vary by these characteristics and the acquirer’s size. Our study enables us to provide new evidence on what bidder returns tell us about takeovers. Therefore, our sample provides a fruitful testing ground for probing the meaning of returns to acquirers. I. Predictable Hypothesis A. Investment Opportunity Hypothesis 3. Myers (1977) links the existence of growth opportunities and corporate borrowing activity...
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