Traduction de «Exécution d'obligations financières » (Français → Anglais) :

In order to ensure uniform conditions for the implementation of this Regulation, implementing powers should be conferred on the Commission in respect of setting out the annual breakdown, by Member State, of the global resources available for commitments in the framework of shared management approving the operational programmes and their amendments, approving the work plans for data collection, adopting the annual work programmes relating to technical assistance at the initiative of the Commission, recognising that there is evidence suggesting non-compliance with obligations under the CFP, recognising that a Member State has failed to com ...[+++]ply with its obligations under the CFP, suspending all or part of the interim payments under the operational programme and making financial corrections by cancelling all or part of the Union support for an operational programme.

1. Switzerland's financial contribution deriving from participation in the implementation of Programmes covered by this Agreement and to the activities carried out by Fusion for Energy shall be established in proportion to and in addition to the amount available each year in the general budget of the Union for commitment appropriations to meet the European Commission's (hereinafter ‘the Commission’) financial obligations stemming from work to be carried out in the forms necessary for the implementation, management, functioning and ope ...[+++]rations of the programmes covered by this Agreement.

“title transfer financial collateral arrangement” means an arrangement, including repurchase agreements, under which a collateral provider transfers full ownership of, or full entitlement to, financial collateral to a collateral taker for the purpose of securing or otherwise covering the performance of relevant financial obligations;

Alternatively, the collateral taker shall, on the due date for the performance of the relevant financial obligations, either transfer equivalent collateral, or, if and to the extent that the terms of a security financial collateral arrangement so provide, set off the value of the equivalent collateral against or apply it in discharge of the relevant financial obligations.

2. Where a collateral taker exercises a right of use, he thereby incurs an obligation to transfer equivalent collateral to replace the original financial collateral at the latest on the due date for the performance of the relevant financial obligations covered by the security financial collateral arrangement.

GOVERNMENT UNDERTAKING " MEANS THE FINANCIAL OBLIGATIONS TO THE COUNCIL WHICH ARE COMMITTED BY MEMBERS AS SECURITY FOR FINANCING THE CONTINGENCY BUFFER STOCK AND WHICH CAN BE CALLED BY THE COUNCIL TO MEET ITS FINANCIAL OBLIGATIONS IN ACCORDANCE WITH ARTICLE 28 ; MEMBERS SHALL BE LIABLE SOLELY TO THE COUNCIL UP TO THE AMOUNT OF THEIR UNDERTAKINGS .