Traduction de «différentiel à blocage total » (Français → Anglais) :

at least one differential locking mechanism or a mechanism having similar effect is fitted.

In contrast, the interest rate payable by Hynix on the USD loans in question was 8,33 %, i.e., a total interest differential of 54,37 %.

In contrast, the average interest rate payable by Hynix on the KDB debentures in question was 12,7 %, i.e., a total interest rate differential of 51,19 %.

It is important to take a step forward on the European energy taxation front, such progress having been blocked hitherto by the unanimity principle.

(6) Whereas, in the context of an economic policy compatible with the Treaty, responsibility for capacity regulation lies primarily with operators in the sector; whereas the cost of the measures introduced should therefore be borne by the undertakings in the inland waterway sector; whereas this capacity regulation consists of laying down the conditions to apply for bringing into service certain new capacity without going so far as totally blocking access to the market; whereas it is possible to limit the duration and impact of these conditions and to adjust them flexibly to market trends but the ratios must gradua ...[+++]lly be reduced to zero within four years starting on 29 April 1999; whereas this regulatory mechanism designated the "old-for-new" rule should be maintained as a standby mechanism once the ratio reaches zero; whereas the special contributions paid under the "old-for-new" rule should be placed in the reserve fund and may be used for granting scrapping premiums, if intervention in the market proves necessary;

Whereas steps should be taken to prevent the gains from the coordinated scrapping scheme being cancelled out by extra capacity coming into service at the same time; whereas temporary measures have to be taken to curb investment without, however, totally blocking access to the inland waterway market or imposing a quota on the national fleets;