Betekenis van:
time-honoured

Voorbeeldzinnen

1. Dedicated festivals and events stemming from time-honoured traditions have taken place for many years, and are attended by local producers who meet and compare their produce, thereby perpetuating local customs.
2. According to Germany, NSGV subsequently honoured its undertakings under the guarantor agreement of 5 March 1992 and in July and October 1994 increased NordLB's own funds recognised for supervisory purposes by a total of DEM 1000 million (in line with its 40 % share of NordLB’s capital at that time) by means of two measures described in more detail below.
3. In accordance with point 3.12 of the Stranded Costs Methodology, the payment period for compensation extends until 2027. Point 3.12 of the Stranded Costs Communication states that ‘costs which some undertakings may have to bear after the time horizon indicated in Article 26 of the Directive (18 February 2006) cannot, as a rule, constitute eligible stranded costs within the meaning of this methodology.’ However, in footnote 5 of the Stranded Costs Methodology the Commission states that ‘it must be understood that investments which cannot be recouped or are not economically viable as a result of the liberalisation of the internal market in electricity may constitute stranded costs within the meaning of this methodology, including in cases where they are, in principle, to extend beyond 2006. Furthermore, commitments or guarantees which must absolutely continue to be honoured after 18 February 2006 because failure to do so might give rise to major risks concerning protection of the environment, public safety, social protection of workers or the security of the electricity network may, if duly justified, constitute eligible stranded costs according to this methodology.’