ciallaíonn ‘saoráid leachtachta’ saoráid leachtachta mar a shainmhínítear i bpointe (14) d’Airteagal 2 de Rialachán (AE) 2017/2402 ;
“liquidity facility” means a liquidity facility as defined in point (14) of Article 2 of Regulation (EU) 2017/2402;
12) ciallaíonn "ionstraim ráthaíochta iasachta" ráthaíocht arna heisiúint ag an BEI ar mhaithe le saoráid leachtachta teannta a chuirfear ar fáil le haghaidh tionscadal leasa choitinn i réimse an iompair.
12. "loan guarantee instrument" means a guarantee issued by the EIB in favour of a stand-by liquidity facility provided to projects of common interest in the field of transport.
ciallaíonnn "saoráid leachtachta" an suíomh urrúsúcháin a thagann as comhaontú conarthach cistiú a chur ar fáil chun tráthúlacht sreafaí airgid chuig infheisteoirí a áirithiú;
"liquidity facility" means the securitisation position arising from a contractual agreement to provide funding to ensure timeliness of cash flows to investors;
ciallaíonn “saoráid leachtachta” an suíomh urrúsúcháin a thagann as comhaontú conarthach le haghaidh cistiú a chur ar fáil chun tráthúlacht sreafaí airgid chuig infheisteoirí a áirithiú;
‘liquidity facility’ means the securitisation position arising from a contractual agreement to provide funding to ensure timeliness of cash flows to investors;
saoráid leachtachta a sholáthar, i gcomhthéacs cláir ABCP, ar choinníoll go gcomhlíonfar na coinníollacha uile seo a leanas:
the provision, in the context of an ABCP programme, of a liquidity facility, provided that all of the following conditions are met:
neamhchosaint a shealbhú trí bhíthin cineál teagmhasach coinneála nó saoráid leachtachta a sholáthar i gcomhthéacs cláir ABCP, lena gcomhlíonfar gach ceann de na critéir seo a leanas:
holding an exposure by means of a provision of a contingent form of retention or of a liquidity facility in the context of an ABCP programme, which fulfils all of the following criteria:
1. Is éard a bheidh san ionstraim ráthaíochta iasachta, ráthaíocht ón BEI go soláthrófar saoráid leachtachta teannta do thionscadal incháilithe i dtéarmaí a bheidh ar comhréir leis an ionstraim ráthaíochta iasachta.
1. The loan guarantee instrument shall consist of an EIB guarantee for a stand-by liquidity facility to be provided to an eligible project in terms consistent with the loan guarantee instrument.
Sa chás deireanach sin, níor cheart a mheas de ghnáth gur risíocht ar ath-urrúsú í saoráid leachtachta a bhaineann go sonrach le comhthiomsú toisc gur tráinse de chomhthiomsú aonair sócmhainní atá ann (is é sin le rá, comhthiomsú na n-iasachtaí iomlána is infheidhme) nach bhfuil aon risíocht ar urrúsú ann.
In the latter situation, a pool- specific liquidity facility should generally not be considered a re-securitisation exposure because it represents a tranche of a single asset pool (that is, the applicable pool of whole loans) which contains no securitisation exposures.
Féadfar an t-ualú priacal is airde a chuirfí i bhfeidhm faoi Chaibidil 2 i leith ceann ar bith de na risíochtaí urrúsaithe, dá mba rud é nach raibh siad urrúsaithe, a chur i bhfeidhm maidir leis an suíomh urrúsúcháin atá in ionannas le saoráid leachtachta a chomhlíonann na coinníollacha in Airteagal 255(1).
The highest risk weight that would be applied under Chapter 2 to any of the securitised exposures, had they not been securitised, may be applied to the securitisation position represented by a liquidity facility that meets the conditions in Article 255(1).
ciallaíonn “idirbheart ABCP dá dtugtar lántacaíocht” idirbheart ABCP, ar leibhéal idirbhirt nó ar leibhéal cláir ABCP, dá dtugtar tacaíocht le saoráid leachtachta, lena gcumhdaítear an méid seo a leanas ar fad ar a laghad:
‘fully supported ABCP transaction’ means an ABCP transaction supported by a liquidity facility, at transaction level or at ABCP programme level, that covers at least all of the following:
I gclár ABCP, maidir le saoráid leachtachta lena gcumhdaítear 100 % de riosca creidmheasa gach ceann de na neamhchosaintí urrúsaithe, nó atá ina suíomh céadchaillteanais i ndáil leis an urrúsú, tá an tsaoráid sin coibhéiseach le glanleas eacnamaíoch a choinneáil san urrúsú.
In an ABCP programme, a liquidity facility that covers 100 % of the credit risk of each of the securitised exposures, or that constitutes a first loss position in relation to the securitisation, is equivalent to retaining a net economic interest in the securitisation.