The Investment Facility Committee Sample Clauses

The Investment Facility Committee. 1. A Committee ('the Investment Facility Committee') consisting of Representatives of the Governments of the Member States and of a representative of the Commission shall be set up under the auspices of the EIB. The EIB shall provide the Committee's secretariat and support services. The Chairperson of the Investment Facility Committee shall be elected by and from among the Committee's members.
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The Investment Facility Committee. 1. A committee (hereinafter called ‘the IF Committee’) consisting of representatives of the Governments of the Member States and of a representative of the Commission shall be set up under the auspices of the Bank. Each Government shall nominate one representative and one designated alternate. The Commission shall act in the same way for its representative. With a view to maintaining continuity, the Chairman of the IF Committee shall be elected by and from within the members of the IF Committee for a period of two years. The Bank shall provide the Committee’s secretariat and support services. Only the members of the IF Committee designated by the Member States, or their alternates, shall vote.
Sample 1

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