Common use of Compartments Clause in Contracts

Compartments. 1. During the transitional period contributions raised at national level shall be transferred to the Fund in such a manner that they are allocated to compartments corresponding to each Contracting Party. 2. The size of the compartments of each Contracting Party shall be equal to the totality of contributions payable by the institutions authorized in each of their territories pursuant to Articles 69 and 70 of the SRM Regulation as well as to the delegated and implementing acts referred to therein. 3. The Board shall, at the date of entry into force of this Agreement, draw a list for information purposes only detailing the size of the compartments of each Contracting Party. That list shall be updated every year of the transitional period.

Compartments. 1. During the transitional period contributions raised at national level shall be transferred to the Fund in such a manner that they are allocated to compartments corresponding to each Contracting Party. 2. The size of the compartments of each Contracting Party shall be equal to the totality of contributions payable by the institutions authorized in each of their territories pursuant to Articles 68 and 69 and 70 of the SRM Regulation as well as to the delegated and implementing acts referred to therein. 3. The Board shall, at the date of entry into force of this Agreement, draw a list for information purposes only detailing the size of the compartments of each Contracting Party. That list shall be updated every year of the transitional period.

Compartments. 1. During the transitional period contributions raised at national level shall be transferred to the Fund in such a manner such that they are allocated to national compartments corresponding to each Contracting Party. 2. The size of the compartments of each Contracting Party shall be equal to the totality of contributions payable by the institutions authorized in each of their territories pursuant to Articles 69 65 and 70 66 of the SRM Regulation (xx SRM) as well as to in the delegated and implementing acts referred to therein. 3therein referred. The Single Resolution Board shall, at the date of entry into force of this Agreement, draw a list for information purposes only detailing the size of the compartments of each Contracting Party. That Such list shall be updated every at the beginning of each year of the transitional period.

Compartments. 1. During the transitional period contributions raised at national level shall be transferred to the Fund in such a manner that they are allocated to compartments corresponding to each Contracting Party. 2. The size of the compartments of corresponding to each Contracting Party shall be equal to the totality of contributions payable by the institutions authorized in each of their territories pursuant to Articles 69 65 and 70 66 of the SRM Regulation as well as to the delegated and implementing acts referred to therein. 3. The Board shall, at the date of entry into force of this Agreement, draw a list for information purposes only detailing the size of the compartments of corresponding to each Contracting Party. That list shall be updated every year of the transitional period.