Traduction de «seniority » (Anglais → Français) :

May Articles 26(2) TFEU, 35 TFEU and 56 TFEU be interpreted as precluding rules of a Member State such as those in Paragraphs 24/C and 24/D of the General Tax Law where, under such rules, a Hungarian company which carries on business partly in other Member States of the European Union may not appoint as a senior executive a Hungarian citizen who has previously held a senior executive position in another Hungarian company which carries on business in the internal market, solely on the ground that other Hungarian company has accumulated a tax debt of a certain level, when the accumulation of that debt is not attributable to that Hungarian ...[+++]citizen in his capacity as a former senior executive?

The EPA Committee at senior official level shall be co-chaired by the representatives of the Signatory ESA States, normally at senior official level and by the senior officials of the European Commission, on behalf of the EU Party. The Signatory ESA States assume chairmanship on a yearly rotating basis.

The verification could include a site visit, a meeting with the senior executive referred to in Article 9(2)(c) of Directive 2009/43/EC or a senior officer nominated by that senior executive, and/or the assessment of written documentation supplied by that senior executive.

For the remainder of the securitisation positions that are not re-securitisation positions, the weightings in column B shall be applied unless the position is in the most senior tranche of a securitisation, in which case the weightings in column A shall be applied. For re-securitisation positions the weightings in column E shall be applied unless the re-securitisation position is in the most senior tranche of the re-securitisation and none of the underlying exposures were themselves re-securitisation exposures, in which case column D shall be applied. When determining whether a tranche is the most senior, it is not required to take into ...[+++]consideration amounts due under interest rate or currency derivative contracts, fees due, or other similar payments’.

For the remainder of the securitisation positions that are not re-securitisation positions, the weightings in column B shall be applied unless the position is in the most senior tranche of a securitisation, in which case the weightings in column A shall be applied. For re-securitisation positions the weightings in column E shall be applied unless the re-securitisation position is in the most senior tranche of the re-securitisation and none of the underlying exposures were themselves re-securitisation exposures, in which case column D shall be applied. When determining whether a tranche is the most senior, it is not required to take into ...[+++]consideration amounts due under interest rate or currency derivative contracts, fees due, or other similar payments’.

The guarantee would not eliminate the risk to senior creditors but would offer better cover for servicing of the senior debt, thereby increasing the likelihood of private partners borrowing for the project.