Translation of "Points initiaux d'évaluation " (French → English) :

pursuant to conversion of debt instruments to shares or other instruments of ownership in accordance with contractual terms of the original debt instruments on the occurrence of an event that preceded or occurred at the same time as the assessment by the resolution authority that the institution or entity referred to in point (b), (c) or (d) of Article 1(1) met the conditions for resolution;

The calculation was not based on a value assessment of the buildings as such but the calculation applied instead the primary cost of the Inner Camp at NOK 12,4 million as a starting point, before deducting the estimated value of the buildings in the Inner Camp that were not sold to Haslemoen AS.

In short, the bridge value report was used to establish the starting point, the NOK 12,4 million primary cost value of the Inner Camp as such.

During their initial work the committees have discussed and taken decisions on topics as required by Article 7, Section B of the Multi-Annual Financing Agreement, such as the rules of procedure, selection and ranking criteria, monitoring indicators, preparation for mid-term evaluation and modifications to their Programmes.

During their initial work the committees have discussed and taken decisions on topics as required by Article 7, Section B of the Multi-Annual Financing Agreement, such as the rules of procedure, selection and ranking criteria, monitoring indicators, preparation for mid-term evaluation and modifications to their Programmes.

A most significant output so far has been the result of work on a Common Software Development System, PCTE, which brought together six of the major computer companies within Europe (Bull, GEC, IC, Nixdorf, Olivetti, Siemens) with the goal of producing software faster, safer, and more efficiently than the current state of the art. The results obtained have already gone beyond meeting the original goals to spawning extensive complementary work both within ESPRIT and elsewhere, i.e. prototypes of the system were developed and evaluated, while a commercial implementation of a software product called EMERAUDE, was produced by GIE-Emeraude and ...[+++] released to the market in September 1986 - a prime example of timely exploitation of ESPRIT RD results by industry.