Betekenis van:
loan participation

Voorbeeldzinnen

1. The participation of these banks in the syndicated loan is thus not a reliable commercial benchmark.
2. ‘loan disposal’ means the economic transfer of a loan or pool of loans by the reporting agent to a non-MFI transferee, achieved either by transfer of ownership or by sub-participation,
3. The ancillary nature of the activity is not assessed by reference to the amount of the loan or to the purchase price or value of a participation.
4. It stresses that it is normal and usual for the majority shareholder to grant a loan upfront of its participation in the recapitalisation.
5. It agrees with the Commission that the risk attaching to a silent participation is higher than that attaching to a traditional bank loan.
6. On this basis, the participation of KEB and KDB in the syndicated loan may still be considered to be a countervailable subsidy that provides a benefit to Hynix.
7. The press release of 4 December also focuses on these two aspects, namely, the participation in the capital increase and the refinancing of the Company through a shareholder loan in the form of a credit line.
8. In the view of the Commission, the participation by the other banks in the syndicated loan cannot serve as a proper benchmark for determining the existence of a benefit.
9. Cégétel maintains that there are two separate measures: (i) the announcement by the French authorities of the granting of a shareholder loan to France Télécom; and (ii) the participation by the State in the recapitalisation of France Télécom.
10. Is the proposed assistance a grant, interest subsidy, reduction in social security contributions, tax credit (relief), equity participation, debt conversion or write off, soft loan, deferred tax provision, amount covered by a guarantee scheme, etc.?;
11. In its comments on the initiation of the formal investigation procedure, Germany argues that the silent participation by gbb was provided on market conditions. It agrees with the Commission that the risk attaching to a silent participation is higher than that attaching to a traditional bank loan.
12. The Commission thus comes to the conclusion that the participation of gbb in Bike Systems of EUR 2070732, the 80 % guarantee for a loan of EUR 5.6m to Sachsen Zweirad GmbH and the 80 % guarantee for a loan of EUR 24.875m for Biria GmbH (now Biria AG) constitute state aid and do not meet the necessary conditions for them to be considered compatible with the common market,
13. granting loans from BAWAG-PSK to Refco, beginning with a loan in the year 1998 which was repaid in connection with the termination of the participation by BAWAG-PSK in Refco in the year 2004, and ending with a loan for EUR 350 million in October 2005. In the interim period, there were repeated grants of loans to Refco or Refco companies, including, among others, several very short-term loans allowing Refco to close its balance sheet (Year-End Transactions).
14. The Panel also found that the Korea Development Bank (KDB) provided a direct financial contribution through its participation in the syndicated loan, and, because the KDB was a public body, the EC was not required to make a finding of entrustment or direction [11].
15. The aid granted to WAM SpA in 1995, except for the portion of the loan granted in respect of expenses for consultancy services, market surveys and participation in fairs and exhibitions, is incompatible with the common market in so far as it exceeds the threshold of EUR 50000.