Relevant Aid definition

Relevant Aid means any financial or non-financial aid or assistance provided to a Relevant Enterprise incusing (without limitation) any capital or revenue grant payments any diagnosis and/or consultancy services and/or training services provided to a Relevant Enterprise and/or its employees at less than market value and subsidies towards the normal operating costs or the enterprise any guarantees against any of its liabilities and loans charged at less than market interest rates (in the case of novel or contentious forms of aid and assistance the Recipient should seek the Authority’s advice).
Relevant Aid means any financial or non-financial aid or assistance provided to a Relevant Enterprise including (without limitation) any capital or revenue grant payments, any diagnosis and/or consultancy services and/or training services provided to a Relevant Enterprise and/or its employees at less than market value, any subsidies towards the normal operating costs of the Relevant Enterprise, any guarantees against any of its liabilities, any loans charged at less than market interest rates (and in the case of novel or potentially contentious forms of aid and assistance the Grantee should seek the GLA's comments);

Examples of Relevant Aid in a sentence

  • If the Authority directs it to do so the Recipient shall itself complete a De Minimis Disclosure Form in respect of any portion of the GLA Funding utilised by the Recipient that the Authority considers to be Relevant Aid to the Recipient as a Relevant Enterprise and shall fully cooperate with the Authority in utilising the Block Exemptions or any other applicable exemption or European Commission notification and approval procedure to comply with State Aid rules.

  • Unless otherwise notified by the Authority when utilising the GLA Funding to fund Relevant Aid to a Relevant Enterprise under the Project (whether directly by the Recipient itself or by funding the Relevant Enterprise in question to do so) the Recipient shall ensure that such aid is provided as “de minimis aid” in accordance with the De Minimis Aid Exemption.

  • Subsection 4.3 - Need for New and Relevant Aid Instruments When the donor community focused on aid for newly independent emerging economies in the 1950s, it was necessary for donors to design new and relevant concepts of development cooperation and invent new instruments for the transfer of assistance.

Related to Relevant Aid

  • Relevant Amount means the amount of contributions which would have been required to be made by the relevant employer had such contributions been obligatory under the Central Provident Fund Act in respect of —

  • Relevant Agreement means an agreement benefiting persons who receive educational instruction at the School.

  • relevant authority means the authority of which M is a member;

  • Relevant Authorities means any governmental or statutory authority with the

  • Passenger vessel means any boat, ship, vessel,

  • passengers means the driver and up to the number of passengers allowed as shown in the Vehicle Registration Document travelling in the vehicle;