2.An institution shall obtain from the central bank in respect of the currency with constraints on the availability of liquid assets a credit line which complies with the following conditions:
(a)the credit line specifies that the institution has a legally binding entitlement to access the credit facilities and that entitlement is set out in a written agreement;
(b)following the decision to provide a credit line, access to the credit facilities is not subject to a credit decision by the central bank;
(c)the credit facilities can be drawn on by the institution without delay and no later than 1 day after giving notice to the central bank;
(d)the credit line is at all times available for a period exceeding the 30 day-period of the liquidity coverage requirement specified in Article 412(1) of Regulation (EU) No 575/2013.