natgillin/translations-raw huggingface dataset:
CIR ikke overstige [45-65] %, medmindre BNP-væksten ligger under 2 % på det pågældende tidspunkt, i hvilket tilfælde CIR ikke vil overstige [50-70] %.
‘Central Bank’ means the Central Bank of Ireland.
Tilsagn vedrørende AIB's eksponering for irske statsobligationer
‘CIR’ means Cost to Income Ratio, calculated as operating expenses divided by operating income.
Tilsagn om tilbagebetaling af statsstøtte
However, headings to Clauses are for convenience only and are not binding.
Irland giver tilsagn om, at AIB vil betale statsstøtten tilbage inden omstruktureringsperiodens udløb ved dividendeudbetaling eller med andre midler med et beløb svarende til det beløb, hvormed kapitalgrundlaget overstiger det af den irske centralbank fastsatte minimumskapitalkrav for den egentlige kernekapital (plus en buffer på 1-4 %) pr. 31. december 2016 (med Basel III fuldt gennemført).
‘Comprehensive Assessment’ means the 2014 EU-wide stress test being undertaken by the European Central Bank and the European Banking Authority which will enhance the transparency of the balance sheets of significant banks, including AIB.
Irland og AIB anerkender, at tilsagnet i punkt 10.1 forudsætter indhentelse af alle forskriftsmæssige og øvrige godkendelser.
‘Contingent Capital Instrument’ means the contingent EUR 1,6 billion Tier 2 debt instrument issued by AIB to the State and described in more detail in the Listing Particulars dated 27 October 2011.
For at lette tilbagebetalingen i punkt 10.1 giver Irland tilsagn om, at AIB ikke vil iværksætte foranstaltninger, der medfører kapitaludstrømning, inden […], medmindre […].
‘Customer Mobility Package’ means the package of measures described in Clause 11.5 herein.
Uden at dette berører punkt 10.1-10.3, bevarer Irland og AIB muligheden for:
‘Date of the Final Decision’ means the day on which the European Commission adopts the Final Decision with regard to AIB's Restructuring Plan.
Tilsagn om iværksættelse af visse konkurrencerelaterede foranstaltninger
‘EBS’ means EBS Limited, including its subsidiary and associated companies.
Irland giver tilsagn om, at AIB fra og med den 1. juli 2014 og tre år frem vil iværksætte visse konkurrencerelaterede foranstaltninger, nemlig ved at stille a) en servicepakke og b) en kundemobilitetspakke til rådighed for relevante konkurrenter.
‘Final Decision’ means the decision in which the European Commission takes a decision regarding the Restructuring Plan and all the State aid granted to AIB and EBS before and after their merger.
Irland giver tilsagn om, at AIB i en periode på tre år startende den 1. juli 2014 vil bidrage med 500000 EUR årligt til en offentlig oplysningskampagne (som Irland støtter gennem et statsligt organ) for at øge kundernes bevidsthed og fremme deres muligheder for at skifte bank.
‘FRAND’ means fair, reasonable and non-discriminatory.
Enhver tvist, der måtte opstå mellem AIB og en relevant konkurrent i forbindelse med dette punkt 11, vil AIB og den relevante konkurrent overdrage til tilsynsadministratoren, som skal finde en løsning ved mægling.
‘GDP’ means the Gross Domestic Product of Ireland as reported by the Central Statistics Office of Ireland.
Såfremt det ikke er muligt at finde en løsning, overdrager tilsynsadministratoren sagen til Kommissionen, hvis afgørelse er bindende.
‘Impaired’ in relation to a loan means there is objective evidence of impairment as a result of one or more events that occurred after the initial recognition of the assets (a ‘loss event’) and that loss event (or events) has an impact such that the present value of future cash flows is less than the current carrying value of the financial asset or group of assets and requires an impairment provision to be recognised in the income statement.
Servicepakke
‘Incremental Cost’ means additional costs incurred by AIB as a direct consequence of the provision of services to Relevant Competitors in application of the Measures.
Irland giver tilsagn om, at AIB vil stille en servicepakke til rådighed for relevante konkurrenter, der ønsker at gøre brug af en sådan pakke.
In particular, Incremental Costs do not cover any fixed or variable costs that AIB would bear in the absence of the Measures.
AIB giver på fair, rimelige og ikkediskriminerende betingelser, der dækker AIB's inkrementelle omkostninger (herunder de relevante kapitalomkostninger, hvor kapitalomkostninger er ensbetydende med de omkostninger, der er forbundet med AIB's midler til udøvelse af denne aktivitet (f.eks. gæld og egenkapital)), relevante konkurrenter:
‘Ireland’ or ‘State’ means the Republic of Ireland and includes Irish governmental authorities from time to time including, without limitation, the Department of Foreign Affairs, the Department of Finance and the Central Bank.
adgang til de irske bankers clearingsystem (såvel papir- som elektroniske transaktioner)
‘Late Arrears Loans’ means loans where at least 90 days have passed since a contractually due payment was made in full and includes loans in the course of restructure where the original loan facility remains outside its original terms for more than 90 days.
adgang til alle de netværker af hæveautomater i Irland, som AIB er medlem af
When a loan or exposure is past due, the entire exposure is reported as past due, not just the amount of any excess or arrears.
adgang til markedsoplysninger (f.eks. andelen af misligholdende kunder generelt og makro-/mikroøkonomiske data generelt), men en sådan adgang er underlagt overholdelse af alle love, forskrifter og fremgangsmåder, herunder, men ikke begrænset til, sådanne love, forskrifter og fremgangsmåder vedrørende databeskyttelse, fortrolighed, intellektuel ejendomsret, kontrakter og konkurrence
‘Mailing Date’ shall have the meaning ascribed to it in Clause 11.5.2.2 herein.
adgang til kontantforsynings- og -distributionsydelser
‘Market Share’ means the proportion of the market, expressed in percentage terms, for (i) stock or (ii) flow, held by an undertaking in any particular market in Ireland (being a market for a Relevant Product) and as measured on a suitable practical basis by an independent external research source, including regulatory returns proposed by AIB and approved by the Monitoring Trustee (which approval shall not be unreasonably withheld) on a case by case basis before the Date of the Request.
adgang til forsynings- og distributionsydelser for udenlandsk valuta.
‘Marketing, Advertising and Sponsorship’ means the promotion of the business (or part of the business) of AIB by means of communication such as television, radio, newsprint, internet and other similar means of communication.
AIB vil tage alle rimelige anmodninger fra relevante konkurrenter indgivet til tilsynsadministratoren om ændring af de ydelser, der tilbydes i henhold til punkt 11.4.1, i betragtning.
‘Material’ shall have the meaning ascribed to it in Clause 11.5.1.4 herein.
Kundemobilitetspakke
‘Monitoring Trustee’ means one or more natural or legal person(s), independent from AIB who is approved by the European Commission and appointed by AIB, and who has the duty to monitor AIB's compliance with the commitments attached to the Final Decision and whose role is more fully described in the Schedule hereto.
Irland giver tilsagn om, at AIB vil stille en kundemobilitetspakke til rådighed for relevante konkurrenter, der ønsker at gøre brug af en sådan pakke.
‘Mortgages’ means all loans secured on residential property in Ireland issued by a credit institution or building society where the purpose of the advance, typically, is to either finance the change of ownership of, or improvements to, the residential property on which the loan is secured but which may also include non-property related purposes.
Kundemobilitetspakken vil give relevante konkurrenter mulighed for at få deres reklamemateriale vedrørende et relevant produkt sendt til AIB's kunder, under forudsætning af at samtlige betingelser i dette punkt 11.5.1 er opfyldt i deres helhed:
Any references to Mortgages include both owner occupier and buy-to-let property.
AIB har modtaget en gyldig ansøgning fra den relevante konkurrent.
‘NAMA’ means the National Asset Management Agency established pursuant to the National Asset Management Agency Act 2009.
Den relevante konkurrent er en relevant konkurrent på anmodningsdatoen.
‘Net Exposure’ means in relation to a client, the gross lending exposure to that client less any provision made by AIB in respect of that client.
AIB har en markedsandel på over 30 % for det relevante produkt på anmodningsdatoen.
‘Notification Date’ shall mean the date on which AIB notifies the Relevant Competitor that the latter's Material is to be mailed by AIB.
Den relevante konkurrent vil godtgøre alle de omkostninger, som AIB direkte afholder i forbindelse med udsendelsen af den relevante konkurrents materiale vedrørende det relevante produkt (»materialet«) til AIB's kunder (herunder evt. trykning, pakning og forsendelse af sådant materiale).
‘NPRFC’ means the National Pension Reserve Fund Commission.
De relevante konkurrenter er ansvarlige for alle de omkostninger, der er forbundet med fremstillingen af det relevante materiale, leveringen heraf til AIB og de hermed forbundne omkostninger samt forsendelsesomkostningerne.
‘NPRFC Preference Shares’ means the preference stock arising from the NPRFC Investment.
Omkostningerne til kundeudvælgelse i forbindelse med kundemobilitetspakken afholdes af AIB.
‘NPRFC Investment’ means the subscription by the NPRFC for EUR 3,5 billion of preference stock in AIB and the issue of warrants for ordinary stock completed on 31 May 2009.
Andre omkostninger, der ikke er direkte forbundet med udsendelsen af den relevante konkurrents materiale til AIB's kunder, afholdes af AIB.
‘Ordinary Stock’ means the ordinary shares of EUR 0,01 each in the capital of AIB.
For at undgå al tvivl er AIB ikke forpligtet til at gennemgå materialet, og AIB bærer intet ansvar for det materiale, der distribueres i henhold til denne foranstaltning, eller for den vellykkede gennemførelse af denne foranstaltning generelt.
‘Relevant Competitor’ means an undertaking which at the Date of the Request (1) is licensed in Ireland or elsewhere to operate as a credit institution in Ireland; (2) is not in receipt of State aid (i.e. banks which have received State aid and which are still in the restructuring period are not considered ‘Relevant Competitors’; however, banks which have received State aid but whose restructuring period has ended, are considered ‘Relevant Competitors’); and (3) has (by virtue of all related undertakings) a Market Share of less than 15 % of stock or flow of the Relevant Product market in which AIB has a Market Share in excess of 30 % of stock or flow of the Relevant Product market, based on a Market Share measurement by an independent external research source, including regulatory returns proposed by AIB and approved by the Monitoring Trustee.
Enhver tvist, der måtte opstå i denne forbindelse mellem AIB og den relevante konkurrent, vil blive overdraget til tilsynsadministratoren, som finder en løsning ved mægling.
‘Relevant Product’ means: (i) personal current accounts; (ii) personal credit cards; (iii) business current accounts; (iv) business credit cards, (v) Mortgages; and (vi) SME Loans and corporate loans.
Hvis det ikke er muligt at finde en løsning, overdrager tilsynsadministratoren sagen til Kommissionen, som afgør sagen.
‘Restructuring Period’ refers to the period from the Date of the Final Decision to 31 December 2017.
AIB skal modtage tilstrækkelige kopier af det materiale, der skal distribueres i henhold hertil, fra den relevante konkurrent senest kl. 17.00 fem hele bankdage forud for forsendelsesdatoen, og materialet skal i enhver henseende være i overensstemmelse med alle gældende love, forskrifter og fremgangsmåder.
‘Restructuring Plan’ means the plan submitted by AIB to the European Commission, via Ireland, in September 2012, as amended and supplemented from time to time by written communications.
Enhver tvist overdrages til tilsynsadministratoren, som finder en løsning ved mægling.
‘Schedule’ means a schedule to this document only and such a schedule forms part of the document.
Nedenstående finder anvendelse på AIB's forsendelse:
‘SME Loans’ means all lending to any small and medium-sized enterprise as defined by the European Commission Recommendation [1] in Ireland engaged in an economic activity, irrespective of legal form (e.g. corporation, partnership, sole-trader), which employs fewer than 250 persons and whose annual turnover does not exceed EUR 50 million or whose annual balance sheet does not exceed EUR 43 million.
Forsendelserne deles op i seks perioder på hver seks måneder.
Such lending includes secured and unsecured lending via term loans, commercial mortgage loans repayable over a defined period of up to 15 years and asset finance and commercial finance and invoice discounting, whether the interest rate for the loan concerned is variable, or a fixed margin over a specified reference interest rate, or an interest rate fixed for all or part of the term of the loan.
Den første periode starter på den dato, der ligger tre måneder efter datoen for den endelige afgørelse.
Excluded from this definition is any lending to non-SME commercial entities, persons acting as consumers, ‘government’ and ‘other financial’ customer categories.
I disse perioder kan de relevante konkurrenter fremsende ansøgninger om en sådan forsendelse til AIB.
‘State aid’ shall, for the purposes of this term sheet, have the meaning ascribed to it in Clause 2.1 herein.
Alle relevante konkurrenter kan henvende sig til AIB én gang inden for hver seksmåneders forsendelsesperiode.
‘Valid Application’ means an application made by an undertaking who is a Relevant Competitor who is, on the Date of the Request, a Relevant Competitor for a service contained in Clause 11.5 herein and which sets out in reasonable detail sufficient information to enable AIB to provide the service.
I hver seksmåneders forsendelsesperiode udføres forsendelserne på tre på forhånd fastsatte datoer (»forsendelsesdatoerne«) under hensyntagen til de relevante konkurrenters interesser og AIB's forsendelsesoversigt, under forudsætning af at datoen for de relevante konkurrenters anmodninger ligger et rimeligt antal dage forud for forsendelsesdatoen, så AIB kan forberede sig på det store antal forsendelser på hver af forsendelsesdatoerne (AIB skal modtage anmodningerne senest kl. 17.00 (Dublin-tid) på de relevante anmodningsdatoer).
Basis of the Measures
AIB sørger for, at forsendelsesdatoerne offentliggøres på forhånd på AIB's websted, så de interesserede relevante konkurrenter har god tid til at udarbejde deres ansøgninger.
The Measures set out below are conditional on the European Commission (the ‘Commission’) adopting a Final Decision that the State aid received by EBS and AIB comprising the State aid element of Ireland's 2008 and 2009 bank guarantee schemes, the recapitalisations by Ireland of EBS as described in the Rescue Decision N 160/10 dated 2 June 2010, and of AIB as described in the Rescue Decisions N 241/09 dated 12 May 2009, N 553/10 dated 21 December 2010 and SA.33296 dated 15 July 2011, relating thereto and the State aid provided to EBS and AIB as a result of NAMA (all such aid is referred to herein as ‘State aid’) are compatible with the internal market in accordance with Articles 107 to 109 of the Treaty on the Functioning of the European Union.
I forbindelse med udsendelsen udvælger AIB vilkårligt på den relevante konkurrents anmodning op til en tredjedel af sin kundebase til hver forsendelse inden for den første seksmåneders periode.
AIB shall use all reasonable endeavours to comply with the obligations imposed on it as a result of the Measures arising out of the commitments made by Ireland (including seeking and receiving all necessary approvals).
Denne kundebase består af AIB's kunder for det relevante produkt, som den relevante konkurrent reklamerer for i den pågældende forsendelse, dog begrænset til de AIB-kunder, der har givet deres samtykke til at modtage markedsføringsmateriale fra AIB.
In relation to AIB's obligation to implement these Measures, AIB shall not be obliged to breach any of its legal obligations.
AIB udvælger en anden tredjedel af sin kundebase i den anden seksmåneders forsendelsesperiode og den sidste tredjedel af kundebasen i den tredje periode.
In case of a conflict between an obligation arising from a Measure in this term sheet and AIB's legal obligations, AIB will inform the Monitoring Trustee and will undertake to propose an alternative solution that will enable AIB to fulfil its obligations.
Denne proces gentages i de tre efterfølgende forsendelsesperioder på hver seks måneder.
The Monitoring Trustee, in consultation with the Commission, will verify whether the proposed solution is in line with the commitments in the term sheet and AIB's legal obligations.
Tilsynsadministratoren kontrollerer AIB's kundeudvælgelse.
Commitment to the Restructuring of Loan Portfolio
I henhold til den irske databeskyttelseslov må der ikke sendes materiale til en kunde, hvis ikke kunden har givet AIB sit samtykke til at modtage tilsvarende AIB-materiale.
Ireland commits that AIB will achieve the following loan restructuring targets (percentages quoted in this Clause 3 are a percentage of the drawn euro balance for each sector) for Mortgages and SME Loans agreed as part of the EU — IMF Programme:
For at sikre, at forbrugerne ikke bliver oversvømmet med reklamer, og for at maksimere chancerne for, at den relevante konkurrents materiale bliver læst, fremsender AIB materiale fra højst to relevante konkurrenter pr. relevant produkt på de enkelte forsendelsesdatoer i hver af de seks seksmåneders forsendelsesperioder som led i denne foranstaltning.
by 31 December 2014, [80-100] % [2] of the Distressed SME Portfolio will have been restructured (meaning there has been formal communication by AIB with the customer of the revised arrangement (e.g. a revised loan agreement/term sheet) or where legal proceedings have been initiated); and
For at undgå al tvivl fortabes uudnyttede forsendelsesrettigheder, de overføres ikke.
by 30 June 2014, sustainable solutions will have been proposed by AIB for 75 % of Mortgages which are Late Arrears Loans, and solutions will have been concluded with customers for 35 % of Mortgages which are Late Arrears Loans.
Forsendelsen forvaltes, behandles og udføres af AIB (eller dennes agent) på den relevante konkurrents vegne og for dennes regning uden input eller inddragelse af den relevante konkurrent.
Ireland commits that AIB will engage with customers in respect of the other loan portfolios that are managed by AIB's Financial Solutions Group, and will propose sustainable solutions for [50-100] % of these loans by 31 December 2014.
For at undgå al tvivl får den relevante konkurrent ikke adgang til navne, adresser eller andre oplysninger fra AIB's kundebase.
Commencing 3 months after the Date of the Final Decision until the end of the Restructuring Period, Ireland commits that the methodology to be adopted by AIB to assess which restructuring solution is the most appropriate for SME Loans, loans to corporates and commercial real estate loans which are Impaired and/or which are Late Arrears Loans, will be based on economic and commercial criteria and is outlined as follows:
AIB er forpligtet til at udsende materiale fra højst to relevante konkurrenter pr. relevant produkt på de enkelte forsendelsesdatoer, og disse to relevante konkurrenter pr. relevant produkt udvælges i den rækkefølge, de har indsendt deres ansøgninger i. Såfremt flere end to relevante konkurrenter pr. relevant produkt har indsendt deres ansøgninger på samme tid for en bestemt forsendelsesdato, vil tilsynsadministratoren finde to relevante konkurrenter pr. relevant produkt ved lodtrækning.
Where the Net Exposure to the client exceeds EUR [2,5-10] m, a Net Present Value (‘NPV’) analysis of the restructuring options will be conducted, with the objective of maximising the NPV for AIB but also ensuring that the viability of the SME or corporate is not endangered as a result, and if the solution chosen does not have the highest NPV, it must be based on verifiable economic and commercial criteria and the decision will require approval by the appropriate AIB Credit Committee.
En ansøgning er kun gyldig, hvis den relevante konkurrent er en relevant konkurrent på anmodningsdatoen og opfylder samtlige betingelser i punkt 11.5.1.
Where the Net Exposure to the client does not exceed EUR [2,5-10] m, Ireland commits that AIB will effectively and consistently implement guidelines to assist decision makers on the proper means of assessing the appropriate restructuring option for both viable and non-viable customers.
AIB underretter skriftligt den relevante konkurrent om, hvorvidt ansøgningen er gået igennem, og om konkurrentens materiale vil blive udsendt af AIB.
Commitment to the limitation of lending to […]
En relevant konkurrent kan anmode om, at der udsendes materiale om et eller flere relevante produkter, men ikke o m andre produkter.
Ireland commits that AIB will target an aggregate ‘new lending’ limit to […] of […] in […] and […] in […] respectively.
Derudover kan den relevante konkurrent påpege, at kunderne har mulighed for helt eller delvist at skifte bankforbindelse, og generelt henvise til andre bankprodukter.
At AIB's sole discretion, new lending may exceed the limits to […] referred to in Clause 4.1, provided that the aggregate closing gross loan balance to […] does not exceed […] at end […] and […] billion at end […] respectively.
En anmodning om anvendelse af kundemobilitetspakken er i øvrigt også gyldig, selv om den vedrører et marked, hvor AIB har under 30 % af markedsandelen for et relevant produkt, under forudsætning af at anmodningen også vedrører udsendelse af materiale om relevante produkter, hvor AIB har en markedsandel på over 30 %.
Commitment to Marketing, Advertising and Sponsorship in Ireland
Hvis det markedsføringsmateriale, AIB modtager fra den relevante konkurrent, omfatter materiale for andre produkter end relevante produkter (bortset fra generelle henvisninger til muligheden for helt eller delvist at skifte bankforbindelse og generelle henvisninger til andre bankprodukter), er AIB ikke forpligtet til at udsende sådant materiale, men underretter den relevante konkurrent om sin beslutning, når det er praktisk muligt så tidligt, at den relevante konkurrent har mulighed for at fremsende ændret materiale.
Ireland commits that AIB will cap the nominal level of its expenditure externally on Marketing, Advertising and Sponsorship in Ireland at the same level as it was for its financial year ended 31 December 2012 until the end of the Restructuring Period (i.e. […] million for each year).
Enhver tvist i denne forbindelse overdrages til tilsynsadministratoren, som finder en løsning ved mægling.
During the Restructuring Period, Ireland commits that AIB will not refer in its advertising campaign to any State support enjoyed by AIB, nor take any measure that might reasonably be deemed an aggressive commercial practice.
AIB er ikke forpligtet til at udsende det ændrede materiale, medmindre det modtages senest kl. 17.00 fem hele bankdage forud for forsendelsesdatoen.
The cap referred to in Clause 5.1 shall not apply to any: (a) expenditure required or recommended by any regulatory or governmental authority; and/or (b) expenditure related to any Measure herein; and/or (c) expenditure related to charities; and/or (d) initiative reasonably necessary to advise customers and others of issues such as fraud, criminal acts (e.g. forged banknotes or bank robberies, changes in terms and conditions in products) or greater exposure to risk.
Det ændrede materiale skal være i overensstemmelse med betingelserne i nærværende punkt 11.5.5.
Commitment to making no Acquisitions and accepting restrictions on the scope of AIB's business for a period of time