1. For the purposes of point (a) of the first subparagraph of Article 55(1) of Directive 2014/59/EU, a secured liability shall not be considered as an excluded liability where, at the time at which it is created, it is:
1. Aux fins de l'article 55, paragraphe 1, premier alinéa, point a), de la directive 2014/59/UE, un engagement garanti n'est pas considéré comme un engagement exclu si, à la date de sa création: