OpenLegislation

Division TERM SHEET — CASE SA.29786 — IRELAND — RESTRUCTURING OF AIB

United Kingdom

Original text. Later amendments are not shown.

Ireland undertakes to ensure that the Restructuring Plan for AIB, submitted in September 2012, as amended and supplemented by written communications, is correctly and fully implemented. This document (the ‘Term Sheet’) sets out the terms (the ‘Commitments’) for the restructuring of AIB, which Ireland has committed to implement.

  1. 1Definitions
  2. 2Basis of the Measures
  3. 3Commitment to the Restructuring of Loan Portfolio
  4. 4Commitment to the limitation of lending to […]
  5. 5Commitment to Marketing, Advertising and Sponsorship in Ireland
  6. 6Commitment to making no Acquisitions and accepting restrictions on the scope of AIB's business for a period of time
  7. 7Commitments in respect of payments on capital instruments
  8. 8Commitment to Cost Reduction
  9. 9Commitment in respect of AIB exposure to Irish Sovereign
  10. 10Commitment to Repayment of State aid
  11. 11Commitments to operate certain competition measures