Betekenis van:
year of grace
year of grace
Zelfstandig naamwoord
- any year of the Christian era
Hyperoniemen
Voorbeeldzinnen
- the recipient could choose between a term of five years with no grace period, seven years with a two-year grace period and ten years with a two-year grace period;
- The fixed interest rate was Euribor 1 year + 0,25 % for loans with a term of 4-8 years and a grace period of 2-6 years.
- The aid had to be disbursed as interest-free loans of a maximum duration of 10 years including a 5-year grace period.
- These had a maximum duration of 15 years with a 5-year grace period instead of the maximum duration of 10 years as specified in point 11 of the scheme. After examining this point the Commission must accept it since Chapter I 7,2 of Order ITC/3098/2006 states that the maximum duration is 10 years plus a 5-year grace period.
- Between 2006 and 2008 funding of EUR 11,1 million was provided in the form of grants and EUR 155,2 million in the form of interest-free loans with a 15-year term and a 5-year grace period.
- These had a maximum duration of 15 years with a 5-year grace period instead of the maximum duration of 10 years as specified in point 11 of the scheme.
- On 29 December 2000 the Spanish Ministry of Science and Technology granted an interest-free loan of EUR 1803036 with a maturity of 15 years and a five-year grace period.
- Between 2005 and 2007 its budget was EUR 12,5 million in the form of grants and EUR 51 million in the form of interest-free loans, repayable over 12 years, which included a 2-year grace period.
- After examining this point the Commission must accept it since Chapter I 7,2 of Order ITC/3098/2006 states that the maximum duration is 10 years plus a 5-year grace period.
- Given the nature of the risks caused by that active substance, any period of grace granted by a Member State for the disposal, storage, placing on the market and use of existing stocks of plant protection products containing tolylfluanid should be as short as possible and should expire at latest 1 year from the entry into force of this Directive.
- As regards repayment, the data supplied by the Italian authorities shows that the grace period of two years, during which only the interest on the loan instalments already disbursed to the beneficiary was paid, elapsed on 20 February 2003. On 20 August 2003, the five-year repayment period started. Repayment was on a straight-line basis and in equal half-yearly instalments, with interest due on the outstanding balance.