Amount from national private (programme private contribution)
Amount from national public and private outside programme contribution
Expected starting date of the financial instrument
Completion date of the financial instrument
Contact information for communications between the parties
Purpose of the agreement
2. DEFINITIONS
3. SCOPE AND OBJECTIVE
The description of the financial instrument, including its investment strategy or policy, the type of support to be provided.
4. POLICY OBJECTIVES AND
EX-ANTE
ASSESSMENT
The criteria for eligibility for financial intermediaries if applicable as well as additional operational requirements transposing the policy objectives of the instrument, financial products to be offered, final recipients targeted, and envisaged combination with grants.
5. FINAL RECIPIENTS
Identification and eligibility of the final recipients (target group) of the financial instrument.
6. FINANCIAL ADVANTAGE AND STATE AID
Evaluation of the financial advantage by the programme public contribution and alignment with the State aid rules.
7. INVESTMENT, GUARANTEE OR LENDING POLICY
Provisions regarding investment, guarantee or lending policy especially regarding portfolio diversification (risk, sector, geographical zones, size) and existing portfolio of the financial intermediary.
8. ACTIVITIES AND OPERATIONS
Business plan or equivalent documents for the financial instrument to be implemented, including the expected leverage effect referred to in Article 37(2)(c) of Regulation (EU) No 1303/2013.
Definition of eligible activities
A clear definition of the activities assigned and the limits thereof, concerning in particular the modification of activities and the portfolio management (losses and default and recovery process).
9. TARGET RESULTS
Definition of the activities, results and impact indicators associated with base line measurements and expected targets.
The target results the financial instrument is expected to achieve as contribution to the specific objectives and results of the relevant priority or measure. List of indicators in accordance with the operational programme and Article 46 of Regulation (EU) No 1303/2013.
10. ROLE AND LIABILITY OF THE FINANCIAL INTERMEDIARY: RISK AND REVENUE SHARING
Identifications and Provisions on the liability of the financial intermediary and of other entities involved in the implementation of the financial instrument.
Explanation of risk valuation and risk and profit sharing of the different parties.
Provisions in line with Article 6 of Commission Delegated Regulation (EU) No 480/2014(1) concerning role, liabilities and responsibility of bodies implementing financial instruments.
11. MANAGEMENT AND AUDIT OF THE FINANCIAL INSTRUMENT
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