(a)

the lending institution has the right to obtain in a timely manner a provisional payment by the guarantor that meets both the following conditions: it represents a robust estimate of the amount of the loss, including losses resulting from the non-payment of interest and other types of payment which the borrower is obliged to make, that the lending institution is likely to incur; it is proportional to the coverage of the guarantee;

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.