interest accrued or capitalised at the sale, refund or redemption of the referred to in (a);

group PBS 1: a right to separate satisfaction secured the full of certain suppliers,

At the request of the applicant authority, the requested authority shall recover which are the subject of an instrument permitting enforcement in the applicant Member State.

group PBS 6: banks with right to separate satisfaction on part of their . The mortgage banks Hypovereinsbank and Eurohypo had also rights to separate satisfaction but were not included in group PBS 6;

Nevertheless, a right to separate satisfaction secured the claims of the banks Hypovereinsbank and Eurohypo [10], but only a part of the claims of group HAG 1 below;

Therefore, its waiver is State aid, the of which is higher than the difference between the waived proportion of its and the waived proportion of the private claims.

For purchased corporate credit institutions may estimate ELs by obligor grade from long run averages of one-year realised default rates.

For senior purchased corporate exposures where a credit institution cannot demonstrate that its PD estimates meet the minimum requirements set out in Part 4: 45 %;

For subordinated purchased corporate exposures where a credit institution cannot demonstrate that its PD estimates meet the minimum requirements set out in Part 4: 100 %; and

For purchased corporate that comply in addition with the conditions set out in point 14, and where it would be unduly burdensome for a credit institution to use the risk quantification standards for corporate exposures as set out in Part 4 for these , the risk quantification standards for retail exposures as set out in Part 4 may be used.

corporate, including SMEs, specialised and purchased corporate ;

Two values are indicated: the first reflects the where the banks convert the maximum amount of provided for in the financial package announced in May 2004 (i.e. EUR 700 million); the second reflects the situation where the banks do not convert any of their claims.

In the event of a reduction in the subscribed capital, at least the creditors whose antedate the publication of the decision on the reduction shall at least have the right to obtain security for claims which have not fallen due by the date of that publication.

In the event of a reduction in the subscribed capital, at least the creditors whose antedate the publication of the decision on the reduction shall at least have the right to obtain security for claims which have not fallen due by the date of that publication.

the purchased shall be generated on an arm's-length basis between the seller and the obligor.

Recovery measures taken by the requested Member State are based on:

The other large secured were held by private parties (Nordea Bank, Nordea Financing, OKO/Pohjola Bank) as well as by Finnvera [21].

With SNCB waiving its from IFB up to EUR 95,3 million in both scenarios, Belgium has not demonstrated that, by opting for the first scenario (financing of the restructuring), resulting in SNCB owning a business with a negative value estimated at EUR – 18 million, SNCB has made an informed economic choice as opposed to the second scenario of liquidation, in which the only proven additional costs within the context of this procedure are estimated to be a maximum of EUR 13 million.

However, given that these valuations were questioned by the commercial creditors who claimed that they were too optimistic in view of the method used, in December 2003 ATEST carried out a further valuation based on the discounted cash flow of the combined rolling mill and foundry, resulting in a figure of PLN [...] million.

RFG — Satisfaction of non-restructurable commercial and public