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We derive basic properties of Triebel-Lizorkin-Lorentz spaces important in the treatment of PDE. For instance, we prove Triebel-Lizorkin-Lorentz spaces to be of class , to have property , and to admit a multiplier result of Mikhlin type. By utilizing these properties we prove the Laplace and the Stokes operator to admit a bounded -calculus. This is finally applied to derive local strong well-posedness for the Navier-Stokes equations on corresponding Triebel-Lizorkin-Lorentz ground spaces.

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