Common use of THE FINANCIAL ASSISTANCE FACILITY AND SPECIFIC FACILITIES Clause in Contracts

THE FINANCIAL ASSISTANCE FACILITY AND SPECIFIC FACILITIES. 2.1 ESM makes available to the Beneficiary Member State under this Financial Assistance Facility Agreement a financial assistance facility (the "Financial Assistance Facility") in the Aggregate Financial Assistance Amount subject to the terms and conditions of the MoU, the General Terms and the relevant Facility Specific Terms. The Financial Assistance Facility may be made available by ESM to the Beneficiary Member State by way of Financial Assistance. The aggregate principal amounts outstanding of the Financial Assistance under all Facilities shall not at any time exceed the Aggregate Financial Assistance Amount. 2.2 The Financial Assistance Facility is in the form of a Loan Facility having a maximum Aggregate Loan Facility Amount equal to the Aggregate Financial Assistance Amount, such Loan Facility being on the terms and subject to the conditions specified in the Facility Specific Terms entitled "Section 1: Loan Facility: Facility Specific Terms" (the "Facility"), provided that provisions from other Sections of the Facility Specific Terms may apply as set out in this Agreement.

THE FINANCIAL ASSISTANCE FACILITY AND SPECIFIC FACILITIES. ‌ 2.1 ESM makes available to the Beneficiary Member State under this Financial Assistance Facility Agreement a financial assistance facility (the "Financial Assistance Facility") in the Aggregate Financial Assistance Amount subject to the terms and conditions of the MoU, the General Terms and the relevant Facility Specific Terms. The Financial Assistance Facility may be made available by ESM to the Beneficiary Member State by way of Financial Assistance. The aggregate principal amounts outstanding of the Financial Assistance under all Facilities shall not at any time exceed the Aggregate Financial Assistance Amount. 2.2 The Financial Assistance Facility is in the form of a Loan Facility having a maximum Aggregate Loan Facility Amount equal to the Aggregate Financial Assistance Amount, such Loan Facility being on the terms and subject to the conditions specified in the Facility Specific Terms entitled "Section 1: Loan Facility: Facility Specific Terms" (the "Facility"), provided that provisions from other Sections of the Facility Specific Terms may apply as set out in this Agreement.Agreement.‌