Establishment of the Pandemic Emergency Purchase Programme (PEPP Sample Clauses

Establishment of the Pandemic Emergency Purchase Programme (PEPP. On 24 March 2020, the ECB established a new Asset Purchase Programme (APP) by virtue of Decision 2020/440 on a 37 Guideline 2020/634, recital (2). 38 Guideline 2020/634, recitals (4)-(5). 299 temporary pandemic emergency purchase programme (PEPP).39 This Programme of (initially) 750 billion euros is governed by the following: First, Eurosystem central banks can, in principle, purchase the following types of ‘eligible’ assets:40 marketable debt securities,41 corporate bonds and other marketable debt 39 Decision (EU) 2020/440 of the European Central Bank of 24 March 2020 on a temporary pandemic emergency purchase programme (ECB/2020/17) OJ L 91/1. On this program, see details in Xxxxxxxxx Xxxxx, ‘The Legality of the European Central Bank’s Pandemic Emergency Purchase Programme’ (2020) Xxxxxx Institute Policy Brief xxxx.xxx/xxxxxxxx=0000000; Xxxx Xxxxx Xxxxxx and Xxxx Xxxxxxxxx, The ECB Mandate: Perspectives on Sustainability and Solidarity (Directorate General for Internal Policies - Policy Department for Economic, Scientific and Qulaity of Life Policies, 2020) (also briefly discussing some of the other recent monetary policy measures); Xxxx Xxxxx, ‘The European Central Bank’s pandemic bazooka: mandate fulfilment in extraordinary times’ (EU Law Live, 23 March 2020), xxxxxxxxx.xxx/xx-xx-xxx-xxxxxxxx-xxxxxxx-xxxxx-xxxxxxxx-xxxxxxx-xxxxx te-fulfilment-in-extraordinary-times-by-xxxx-xxxxx/#. 40 Decision 2020/440, Article 1(2). 41 These are governed by Decision (EU) 2020/188 of 3 February 2020 on a secondary markets public sector asset purchase programme [PSPP] (ECB/2020/9) OJ L 39/12, which repealed, according to Article 10(1), Decision (EU) 2015/774 of the European Central Bank of 4 March 2015 on a secondary markets public sector asset purchase programme (ECB/2015/10) OJ L 121/20. On this programme, see Xxxxx (n 4) 675-686. In relation to the PSPP it is further noted that the validity of the relevant ECB Decision was contested before the German Federal Constitutional Court (FCC), which referred for a preliminary ruling to the Court of Justice of the EU (CJEU). The judgment of the latter in Case C-493/17 Xxxxx and others [2017] ECLI:EU:C:2018:1000 found no factor affecting the validity of the ECB Decision. On this case, see, by means of mere indication, Xxxxxx Xxxxxxxxx, ‘The Legality of Responses to the Crisis’ in Amtenbrink and Xxxxxxx (n 4) 1376-1377; Xxxxxxx Xxxxxxxxx, ‘The Judicial Review of Discretion in the Banking Union: from ‘Soft’ to ‘Hard(er)’ Look?’ ...
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Related to Establishment of the Pandemic Emergency Purchase Programme (PEPP

  • Scope of Services The specific scope of work for each job shall be determined in advance and in writing between TIPS Member, Member’s design professionals and Vendor. It is permitted for the TIPS Member to provide a general scope description, but the awarded vendor should provide a written scope of work, and if applicable, according to the TIPS Member’s design Professional as part of the proposal. Once the scope of the job is agreed to, the TIPS Member will issue a PO and/or an Agreement or Contract with the Job Order Contract Proposal referenced or as an attachment along with bond and any other special provisions agreed by the TIPS Member. If special terms and conditions other than those covered within this solicitation and awarded Agreements are required, they will be attached to the PO and/or an Agreement or Contract and shall take precedence over those in this base TIPS Vendor Agreement.

  • SERVICE REQUIREMENTS FOR REFERRED CLIENTS A. Agent agrees to respond to any communications from a Referred Client within two (2) hours after receipt if such communication is received between 9:00am to 5:00pm local time. For communications received outside of these hours, Agent agrees to respond by 10:00am the next day.

  • Data Ownership and Authorized Access 1. Student Data Property of LEA. All Student Data transmitted to the Provider pursuant to the Service Agreement is and will continue to be the property of and under the control of the LEA. The Provider further acknowledges and agrees that all copies of such Student Data transmitted to the Provider, including any modifications or additions or any portion thereof from any source, are subject to the provisions of this DPA in the same manner as the original Student Data. The Parties agree that as between them, all rights, including all intellectual property rights in and to Student Data contemplated per the Service Agreement, shall remain the exclusive property of the LEA. For the purposes of FERPA, the Provider shall be considered a School Official, under the control and direction of the LEA as it pertains to the use of Student Data, notwithstanding the above.

  • Subprocessor For the purposes of this DPA, the term “Subprocessor” (sometimes referred to as the “Subcontractor”) means a party other than LEA or Provider, who Provider uses for data collection, analytics, storage, or other service to operate and/or improve its service, and who has access to Student Data.

  • GUARANTEED DISPLAY REFERRAL FEE WAIVERS XXXX.xxx offers a paid featured agent program referred to as “Guaranteed Display.” This paid product provides the following Referral Fee benefits to the Recipient Broker/Agent: • If a closing results from a lead originated during the time, and in the zip code, that the Recipient Broker/Agent was an active Guaranteed Display sponsor, the referral fee will be discounted from the standard 35% to 30%. • If a closing results from a lead originated during the time, and in the zip code, that the Recipient Broker/Agent was an active Guaranteed Display sponsor, and if XXXX.xxx was not responsible for brokering an appointment between the Referred Client and the Recipient Broker/ Agent, the referral fee will be waived entirely to 0%. To qualify for this Referral Fee waiver, Recipient Broker/Agent must update the Referral Status in the XXXX.xxx Agent Portal (xxxxx://xxxxxx.xxxx.xxx) to reflect the property has been listed prior to XXXX.xxx indicating that an appointment has been set.

  • Provide Data in Compliance with Applicable Laws LEA shall provide Student Data for the purposes of obtaining the Services in compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time.

  • Advertising Limitations Provider is prohibited from using, disclosing, or selling Student Data to (a) inform, influence, or enable Targeted Advertising; or (b) develop a profile of a student, family member/guardian or group, for any purpose other than providing the Service to LEA. This section does not prohibit Provider from using Student Data (i) for adaptive learning or customized student learning (including generating personalized learning recommendations); or (ii) to make product recommendations to teachers or LEA employees; or (iii) to notify account holders about new education product updates, features, or services or from otherwise using Student Data as permitted in this DPA and its accompanying exhibits

  • Separate Account If Student-Generated Content is stored or maintained by the Provider, Provider shall, at the request of the LEA, transfer, or provide a mechanism for the LEA to transfer, said Student- Generated Content to a separate account created by the student.

  • Privacy Compliance The Provider shall comply with all applicable federal, state, and local laws, rules, and regulations pertaining to Student Data privacy and security, all as may be amended from time to time.

  • Subprocessors Provider shall enter into written agreements with all Subprocessors performing functions for the Provider in order for the Provider to provide the Services pursuant to the Service Agreement, whereby the Subprocessors agree to protect Student Data in a manner no less stringent than the terms of this DPA.

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