AL group means a group composed of aggregated liquidity (AL) group members that use the AL mode
The AL group manager may only reserve liquidity for the AL group in its entirety.
The AL group manager may only reserve liquidity for the AL group in its entirety.
In the event that the AL group consists of only one participant, this participant shall act as the AL group manager.
In the event that the AL group consists of only one participant, this participant shall act as the AL group manager.
where participation of the participant in another TARGET2 component system and/or in an ancillary system has been suspended or terminated
A CAI group may also include PM accounts which are included in an AL group.
A CAI group may also include PM accounts which are included in an AL group.
AL group members shall automatically have access to the CAI mode.
AL group members shall automatically have access to the CAI mode.
Limits shall not be set in relation to either a single PM account of an AL group member or by AL group members in relation to each other.
Limits shall not be set in relation to either a single PM account of an AL group member or by AL group members in relation to each other.
For the purposes of these Harmonised Conditions (hereinafter the Conditions), the following definitions apply
Any payments received in discharge of a claim under the AL agreement following enforcement action shall be forwarded to the AL NCBs that have extended intraday credit to the respective AL group members.
Liquidity shall not be reserved for single accounts within an AL group.
Liquidity shall not be reserved for single accounts within an AL group.
Such payments shall be allocated to the AL NCBs in proportion to the amount of intraday credit that is not reimbursed by the AL group members to their respective AL NCBs.
managing NCB means the AL NCB of the TARGET2 component system in which the AL group manager participates
Limits may only be set in relation to an AL group in its entirety.
Such claims shall be enforced before the enforcement of any other claims of the relevant AL NCB towards its respective AL group members.
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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