ESM Treaty definition

ESM Treaty means the treaty establishing the European Stability Mechanism (“ESM”) dated 2 February 2012.
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ESM Treaty means the Treaty establishing the European Stability Mechanism done at Brussels on 2 February 2012 between the Euro Area Member States of the European Union as adapted in consequence of the accession of the Republic of Latvia to it on 13 March 2014 and as further adapted in consequence of the accession of the Republic of30
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ESM Treaty means the Treaty Establishing the European Stability Mechanism entered into between the euro area Member States.
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Examples of ESM Treaty in a sentence

  • Any term of this Financial Assistance Facility Agreement may be amended or waived only by an agreement in writing signed by ESM (following the receipt of all approvals required under the ESM Treaty to authorise such amendment), the Beneficiary Member State and each of the other Parties hereto.

  • The template Pandemic Response Plan (corresponding to the memorandum of understanding as per Articles 13(3) and 14(2) of the ESM Treaty) prepared by the European Commission details the policy measures to be attached to the financial assistance facility during the initial one year availability period.

  • For example, in the case of the ESM Treaty, only the Supreme Court of Ireland referred to the CJEU for a pre- liminary ruling in Pringle.

  • It was later renegotiated and a new ESM Treaty was signed on February 2, 2012.

  • ESM was established by the Treaty Establishing the European Stability Mechanism entered into between the euro area Member States (the "ESM Treaty") for the purpose of mobilising funding and providing stability support for the benefit of ESM Members which are experiencing, or are threatened by, severe financial problems, if indispensable to safeguard the financial stability of the euro area as a whole and of its member states.

  • Pursuant to the decision of the European Council of 24th-25th March 2011, and in accordance with Paragraph 3 of Article 12 of the European Stability Mechanism (ESM) Treaty, the model Collective Action Clauses (CACs) became mandatory in all new euro area government securities with maturity above one year issued on or after 1st January 2013.

  • In accordance with the Early Warning System Procedure established pursuant to Article 13(6) of the ESM Treaty, this function starts with the first disbursement and continues until all financial assistance is fully repaid.

  • The European Stability Mechanism ("ESM") was established by the Treaty Establishing the European Stability Mechanism entered into between the euro area Member States (the "ESM Treaty") for the purpose of mobilising funding and providing stability support for the benefit of ESM members which are experiencing, or are threatened by, severe financial problems, if indispensable to safeguard the financial stability of the euro area as a whole and of its member states.

  • The ESM shall establish an appropriate warning system, in accordance with Article 13(6) of the ESM Treaty, to ensure that the ESM receives any repayments due by the ESM Member under the stability support in a timely manner.

  • The administration recommends the approval of the capital request part of the RAMP document for submission to the Illinois Community College Board.


More Definitions of ESM Treaty

ESM Treaty means the ESM Treaty Establishing the European Stability Mechanism between the Kingdom of Belgium, the Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic Republic, the Kingdom of Spain, the French Republic, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, Malta, the Kingdom of the Netherlands, the Republic of Austria, the Portuguese Republic, the Republic of Slovenia, the Slovak Republic and the Republic of Finland signed in Brussels on 2 February 2012, as amended;
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ESM Treaty means the treaty establishing the European Stability Mechanism ("ESM") dated 2 February 2012.
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ESM Treaty means the treaty establishing the European Stability Mechanism ("ESM") dated 2 February 2012. ["Exceptional Circumstances" means the entry into force of a Resolution Scheme, which provides for the application of a resolution tool to an entity, which has been established in the territories of the Lender, in order to avert the immediate default of this entity under resolution and where the application of such resolution tool requires the utilisation of this Facility for an amount of more than 50% of the Fixed Individual Amount.]2
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Related to ESM Treaty

  • Treaty means the Treaty establishing the European Community, as amended.

  • Patent Cooperation Treaty means the Patent Cooperation Treaty done at Washington on June 19, 1970;

  • UK Treaty State means a jurisdiction having a double taxation agreement (a “UK Treaty”) with the United Kingdom which makes provision for full exemption from tax imposed by the United Kingdom on interest.

  • UK Treaty Lender means a Lender which:

  • EU Bail-In Legislation Schedule means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

  • Hague Securities Convention means the Hague Convention on the Law Applicable to Certain Rights in Respect of Securities held with an Intermediary (concluded July 5, 2006).

  • Residential treatment means services at a facility that provides care 24 hours daily to one or more patients, including, but not limited to, the following services: room and board; medical, nursing and dietary services; patient diagnosis, assessment and treatment; individual, family and group counseling; and educational and support services, including a designated unit of a licensed health care facility providing any and all other services specified in this paragraph to patients with substance use disorder.[PL 2017, c. 407, Pt. A, §94 (AMD).]

  • UK Listing Authority means the Financial Services Authority in its capacity as competent authority under the Financial Services and Markets Xxx 0000.

  • customs legislation means any legal or regulatory provisions applicable in the territories of the Parties, governing the import, export and transit of goods and their placing under any other customs regime or procedure, including measures of prohibition, restriction and control;

  • Legislation means bills, resolutions, motions, amendments,