ESCB definition

ESCB means the European System of Central Banks;
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ESCB means the European System of Central Banks “EU” means the European Union
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ESCB means the ECB and the national central banks of the EU Member States;
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Examples of ESCB in a sentence

  • On 13 June 2006 the European Central Bank (the "ECB") announced that Notes in NGN form are in compliance with the "Standards for the use of EU securities settlement systems in ESCB credit operations" of the central banking system for the euro (the "Eurosystem"), provided that certain other criteria are fulfilled.

  • The primary objective of the ESCB shall be to maintain price stability.

  • Without prejudice to the objective of price stability, the ESCB shall support the general economic policies in the Union with a view to contributing to the achievement of the objectives of the Union as laid down in Article 3 of the Treaty on European Union.

  • The ESCB shall act in accordance with the principle of an open market economy with free competition, favouring an efficient allocation of resources, and in compliance with the principles set out in Article 119.

  • Competent authorities shall cooperate closely with each other, with ESMA and, if necessary, with the ESCB.

  • The ESCB shall contribute to the smooth conduct of policies pursued by the competent authorities relating to the prudential supervision of credit institutions and the stability of the financial system.

  • Articles 5.1, 5.2, 5.3, 17, 18, 19.1, 22, 23, 24, 26, 32.2, 32.3, 32.4, 32.6, 33.1(a) and 36 of the Statute of the ESCB and of the ECB may be amended by the European Parliament and the Council, acting in accordance with the ordinary legislative procedure.

  • Under Chapter IX of the Statute of the ESCB and of the ECB, Member States with a derogation and their national central banks are excluded from rights and obligations within the ESCB.

  • The rights conferred by this Directive shall not extend to the provision of services as counterparty in transactions carried out by public bodies dealing with public debt or by members of the ESCB performing their tasks as provided for by the TFEU and by Protocol No 4 on the Statute of the European System of Central Banks and of the European Central Bank or performing equivalent functions under national provisions.

  • The ESCB shall be composed of the ECB and of the national central banks.


More Definitions of ESCB

ESCB means the European System of Central Banks, the competencies and the scope of activities of which are prescribed by the Treaty on European Union and the Treaty on the Functioning of the European Union.
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ESCB means the European System of central banks, as ruled by the Treaty on the working of the European Union;
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ESCB means European System of Central Banks;
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Related to ESCB

  • MERC means the Maharashtra Electricity Regulatory Commission.

  • Seller has the meaning set forth in the preamble.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • TFC means The Finance Company, a Virginia corporation.

  • SSE means the Shanghai Stock Exchange.

  • Seller Parent has the meaning set forth in the Preamble.

  • Existing Manager means THR Property Management L.P.

  • SCC means the Special Conditions of Contract.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • ERC means emission reductions that have been authorized by a local air pollution control district pursuant to California Division 26 Air Resources; Health and Safety Code Sections 40709 and 40709.5, by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • WCA means the Workers Compensation Act (British Columbia) and the regulations thereunder.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • SCB means Standard Chartered Bank.

  • Towing and recovery operator means a person engaged in the business of (i) removing disabled

  • Sellers has the meaning set forth in the preamble.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • MergerSub has the meaning set forth in the Preamble.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Permitted Special Servicer/Affiliate Fees Any commercially reasonable treasury management fees, banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such party with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Delaware Bank has the meaning specified in the preamble to this Trust Agreement.

  • NCB means National City Bank, a national banking association, together with its successors and assigns.

  • Operating Advisor means the operating advisor appointed as provided in the Lead Securitization Servicing Agreement.

  • SHC means Sears Holdings Corporation.

  • Seller Related Parties means Seller, RAR, ROP, the Applicable Parties, any Affiliate of Seller and their respective direct or indirect members, partners, stockholders, officers, directors, employees and agents.

  • The Owner/Company/BPCL means the Bharat Petroleum Corporation Limited, incorporated in India having its registered office at 4 & 6, Currimbhoy Road, Ballard Estate, Mumbai - 400 038 or their successors or assigns