Examples of Financial Institution Recapitalisation Facility in a sentence
The following variations, supplements or replacements shall apply in relation to the General Terms in relation to an ECCL Facility, a Financial Institution Recapitalisation Facility and to a Loan Facility, where Financial Assistance is being provided to the Beneficiary Member State or the Resolution Fund (if applicable) under such Facility by way of financing the SRB Loan Facility Agreement.
The following variations, supplements or replacements shall apply in relation to the Facility Specific Terms in relation to an ECCL Facility, a Financial Institution Recapitalisation Facility and to a Loan Facility, where Financial Assistance is being provided to the Beneficiary Member State or the Resolution Fund (if applicable) under such Facility by way of financing the SRB Loan Facility Agreement.
The obligations of the Resolution Fund as a guarantor are set out in Clause 14 (Guarantee and Indemnity) of the General Terms which Clause shall apply mutatis mutandis to any Financial Assistance provided pursuant to an ECCL Facility, a Financial Institution Recapitalisation Facility or a Loan Facility to finance the SRB Loan Facility Agreement where the Beneficiary Member State makes such contributions via the Resolution Fund.