Examples of Temporary Framework in a sentence
Eligible industries All industries (agriculture including), safe for EIB Group restricted sectors State Aid Implementation of the instrument will follow one of the following state aid schemes: Temporary Framework, de minimis regulation or any other bespoke regime as agreed with DG COMP.
That's why we propose to extend the Temporary Framework to enable Member States to give further support to micro and small companies, including start-up companies.
State Aid The venture debt product will be deployed on market terms or following bespoke State aid regime modelled on the Temporary Framework as agreed with DG Competition.
State aid temporary framework means the EU State aid Temporary Framework as adopted on 19 March 2020 (C(2020) 1863) and its amendments C(2020) 2215 of 3 April 2020, C(2020) 3156 of 8 May 2020, C(2020) 4509 of 29 June 2020, C(2020) 7127 of 13 October 2020, and C(2021) 564 of 28 January 2021.
Max principal Up to EUR [7.5]m Maturity Min [3] months to Maximum [144] months Eligible industries All industries (agriculture including), safe for EIB Group restricted sectors State Aid Implementation of the instrument will follow one of the following state aid schemes: Temporary Framework, de minimis regulation or any other bespoke regime as agreed with DG COMP.
Such products would be deployed either on market terms or under de minimis regulation or a bespoke State aid regime modelled on the Temporary Framework as agreed with DG Competition.
Indeed, with a view to repayment of the Recapitalisation aid and given that the State announced to the Board of Directors of Air France-KLM that it did not intend to sell the State Shares 2021, the State has given its consent to benefit from the provisions of point 64ter of the Temporary Framework.
The repurchase offer concluded on April 19, 2023 was further increased by the Exit Amount due by the Company to the State in accordance with the rules provided for in the Temporary Framework and the Covid aid decision (Decision SA.59913).
As the aforementioned two-year period ends on April 19, 2023, Air France-KLM intends to implement the mechanism referred to in point 64ter of the Temporary Framework by making a payment to the State of the exit amount (the « Exit Amount »), in order to allow the full lifting of the "bans" imposed to Air France- KLM due to the granting of the Recapitalisation and as explained in more detail by the Board of Directors at its meeting of February 16, 2023.