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

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

  • If we, acting on the direction of the Fund, direct you to do so you shall complete a De Minimis Disclosure Form in respect of any portion of the grant utilised by the you that the Fund considers to be Relevant Aid to the Recipient as a Relevant Enterprise and you shall fully cooperate with us and the Fund in utilising the Block Exemptions or any other applicable exemption or European Commission notification and approval procedure to comply with State Aid rules.

  • 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 week means the reduction week or part-week in which the capital in question of which the applicant has deprived himself within the meaning of paragraph 67(1)—

  • Relevant Accounts means, in respect of any Interest Payment Date, the most recently published audited unconsolidated annual financial statements of UBS Group AG prepared in accordance with the Swiss Code.

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

  • passenger ship means a ship which carries more than 12 passengers;

  • Cargo means any property carried on an aircraft other than mail, stores and accompanied or mishandled baggage;

  • Decisive Influence means a person having, as a result of an agreement or through the ownership of shares or interests in another person (directly or indirectly):