EU Risk Retention Requirement definition

EU Risk Retention Requirement means Article 6 of the Securitisation Regulation (together with any delegated regulations, applicable guidance, regulatory technical standards, or implementing technical standards made thereunder).
EU Risk Retention Requirement means the risk retention requirement under Article 6(1) of the EU Securitization Regulation.
EU Risk Retention Requirement means Article 6 of the Securitisation Regulation (together with any delegated regulations, applicable guidance, regulatory technical standards, or implementing technical standards made thereunder, together with Chapters I, II and III and Article 22 of Delegated Regulation (EU) No 625/2014 where such provisions are applicable pursuant to the transitional provisions in Article 43(7) of the Securitisation Regulation).

Examples of EU Risk Retention Requirement in a sentence

  • In exercising its rights pursuant to such financing arrangements, the lender would not be required to take into account the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules and any such enforcement action may therefore cause the transaction described in this Offering Circular to fail to comply with the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.

  • Furthermore, the Issuer may not issue further Notes (a) without the Originator consenting to such issuance and(b) to the extent any such issuance would result in non-compliance with the EU Risk Retention Requirement or the U.S. Risk Retention Rules, as the case may be.

  • The Issuer’s ability to issue additional notes may be impaired or limited as a result of the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.

  • If the Retention Holder is a borrower in connection with any such financing arrangements, none of the Issuer, the Initial Purchaser, the Arranger, the Co-Placement Agents, the Collateral Manager, the Originator, the Retention Holder, the Trustee, the Agents nor any of their affiliates makes any representation, warranty or guarantee that such financing arrangements will comply with the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.

  • Restrictions on the Discretion of the Collateral Manager in Order to Comply with the EU Risk Retention Requirement and the U.S. Risk Retention RulesThe aim behind the relevant retention requirements described in “ EU Securitisation Regulation” above is that affected investors should only invest in securitisations where the originator, sponsor or original lender for the securitisation has explicitly disclosed that it will retain, on an ongoing basis, a net economic interest of not less than five per cent.


More Definitions of EU Risk Retention Requirement

EU Risk Retention Requirement means Article 6 of the Securitisation Regulation (together with any delegated regulations, applicable guidance, regulatory technical standards, or implementing technical standards made thereunder, together with Chapters I, II and III and Article 22 of Delegated Regulation (EU) No 625/2014 where such provisions are applicable pursuant to the transitional provisions in Article 43(7) of the Securitisation Regulation). USActive 53852035.1153852035.14.docx -23-

Related to EU Risk Retention Requirement

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Data Protection Requirements means all Requirements of Law, to the extent applicable to the items and services provided by the Borrower and each Restricted Subsidiary, relating to the privacy and security of information technology assets and equipment, computers, systems, networks, hardware, software, websites, applications, and databases and personal, personally identifiable, sensitive, confidential or regulated data and, in each case, to the protection thereof from unauthorized use, access, misappropriation or modification.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $10,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Margin Requirement means the amount of money and/ or assets that the Client is required to deposit and/ or hold with the Firm as consideration for entering into a Transaction and/ or maintaining an Open Position on its Account;

  • Risk Retention Letter As described in the Offering Circular, that certain letter agreement entered into by Xxxxxxx Mac, dated as of the Closing Date.

  • Terms & Conditions means the Special Conditions of Contract and General Conditions of Contract herein mentioned and other stipulations incorporated in any part of Tender Document and /or Agreement.

  • Credit Risk Retention Rules shall have the meaning set forth in Section 4.9(a).

  • Perfection Requirements means the making or procuring of filings, stampings, registrations, notarisations, endorsements, translations and/or notifications of any Finance Document (and/or any Security created under it) necessary for the validity, enforceability (as against the relevant Obligor or any relevant third party) and/or perfection of that Finance Document.