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Chapter I · INTRODUCTORY PROVISIONS › Article 2

Definitions

For the purposes of this Regulation, the following definitions apply:

(1)

‘EFSI Agreement’ means the legal instrument whereby the Commission and the EIB specify the conditions laid down in this Regulation for the management of the EFSI;

(2)

‘EIAH Agreement’ means the legal instrument whereby the Commission and the EIB specify the conditions laid down in this Regulation for the implementation of the EIAH;

(3)

‘national promotional banks or institutions’ means legal entities carrying out financial activities on a professional basis which are given a mandate by a Member State or a Member State's entity at central, regional or local level, to carry out development or promotional activities;

(4)

‘investment platforms’ means special purpose vehicles, managed accounts, contract-based co-financing or risk-sharing arrangements or arrangements established by any other means by which entities channel a financial contribution in order to finance a number of investment projects, and which may include:

(a)

national or sub-national platforms that group together several investment projects on the territory of a given Member State;

(b)

multi-country or regional platforms that group together partners from several Member States or third countries interested in projects in a given geographic area;

(c)

thematic platforms that group together investment projects in a given sector;

(5)

‘small and medium-sized enterprises’ or ‘SMEs’ means micro, small and medium-sized enterprises as defined in Article 2 of the Annex to Commission Recommendation 2003/361/EC (12);

(6)

‘small mid-cap companies’ means entities having up to 499 employees that are not SMEs;

(7)

‘mid-cap companies’ means entities having up to 3 000 employees that are not SMEs or small mid-cap companies;

(8)

‘additionality’ means additionality as defined in Article 5(1).

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