Stability Support definition

Stability Support means stability support provided to an ESM member by the ESM in accordance with the ESM Treaty, while for Participating Member States, which are not euro area Member States, it means support by the BoP facility of the European Union, provided that the existing eligibility criteria are met.
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Examples of Stability Support in a sentence

  • Stability Support Where Stability Support is made available to a Member State, account should be taken by that Member State of the nature and purpose of the Stability Support, when assessing whether any of this financing should also be usable in its role as a Lender for the purpose of making loans available to the Borrower under this Agreement.

  • The Issuer may not issue new Securities to replace Securities it has redeemed, paid or delivered to the Registrar for cancelation.

  • In case the Lender has requested or receives Stability Support for the purpose of providing financing to the Borrower, the Borrower shall send the Utilisation Pre-Notification and any Utilisation Request(s) in copy to the ESM or to the European Commission in case of assistance to a non-euro area Participating Member State benefiting from the BoP assistance.