Investment Facility definition
Examples of Investment Facility in a sentence
The Investment Facility Committee shall act by a qualified majority, as laid down in Article 8(2) and 8(3).
The Council shall adopt the rules of procedure of the Investment Facility Committee, acting unanimously.
The funds of the 11th EDF, and in the case of the Investment Facility the funds stemming from reflows, shall no longer be committed beyond 31 December 2020 unless the Council acting unanimously on a proposal of the Commission decides otherwise.
However, the funds subscribed by the Member States under the 9th, 10th and 11th EDFs to finance the Investment Facility shall remain available after 31 December 2020 for disbursement, until a date to be laid down in the Financial Regulation referred to in Article 10(2).
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 Chairperson of the Investment Facility Committee shall be elected by and from among the Committee's members.
The Investment Facility shall operate in all economic sectors and support investments of private and commercially run public sector entities, including revenue generating economic and technological infrastructure critical for the private sector.
The terms and conditions of financing in relation to the operations of the Investment Facility (Facility), the loans from own resources of the European Investment Bank (Bank) and special operations shall be as laid down in this Chapter.
On expiry of the Financial Protocol, and in the absence of a specific decision by the Council of Ministers, the cumulative net reflows to the Investment Facility shall be carried over to the next Protocol.
The overall performance of the Investment Facility shall be subject to a joint review at the mid-term and end-term of a financial protocol.