Closed Circle definition
Closed Circle means a “closed circle” (besloten ▇▇▇▇▇) within the meaning of the Dutch FSA. Cost of Funds means
Closed Circle means a closed circle (besloten kring) of the Borrower as defined in the Policy Rule on key concepts of market access and enforcement of the Act on the Supervision of the Credit System 1992 of The Netherlands (published in the Dutch Government Gazette on 10 July 2002, nr. 129);