Article 34 Terms of the support
1. The terms, including consideration, for providing the financial support shall be deemed to be in compliance with Article 19(7) of Directive 2014/59/EU, if the following conditions are met:
(a) the terms adequately reflect:
(i) the default risk of the receiving entity;
(ii) the seniority of the claim;
(iii) the expected loss for the group entity providing the support ('providing entity') in the event of a default of the receiving entity;
(iv) in case of a loan or committed facility, the maturity profile, based on a full disclosure of all relevant and up-todate information by the receiving entity and further information available to the providing entity;
(b) the terms reflect the best interest of the providing entity in accordance with Article 19(7) of Directive 2014/59/EU and the relation of benefits, risks and costs taken into account when determining the best interest, including direct or indirect benefits that may accrue to the providing entity as a result of the provision of financial support and of the benefits for the group from this provision.