Minimum retention. The lender is required to hold in its own portfolio a minimum of 5 percent of the original total loan amount. The amount required to be maintained must be of the unguaranteed portion of the loan and cannot be participated to another. The lender may enter into no agreement that reduces its exposure below the minimum 5 percent it is re- quired to retain in its portfolio. The lender may sell the remaining amount of the unguaranteed portion of the loan only through participation.
Appears in 4 contracts
Sources: Guarantee Agreement, Assignment Guarantee Agreement, Assignment Guarantee Agreement
Minimum retention. The lender is required to hold in its own portfolio a minimum of 5 percent of the original total loan amount. The amount required to be maintained must be of the unguaranteed portion of the loan and cannot be participated to another. The lender may enter into no agreement that reduces its exposure below the minimum 5 percent it is re- quired to retain in its portfolio. The lender may sell the remaining amount of the unguaranteed portion of the loan only through participation.
Appears in 3 contracts
Sources: Loan Agreement, Loan Agreement, Loan Guarantee Agreement
Minimum retention. The lender is required to hold in its own portfolio or retain a minimum of 5 percent of the original total loan amount. The This amount required to be maintained must be of the unguaranteed non-guaranteed portion of the loan and cannot be participated to another. The lender may enter into no agreement that reduces its exposure below the minimum 5 percent it is re- quired to retain in its portfolioan- other. The lender may sell the remaining remain- ing amount of the unguaranteed portion of the loan only through participation.non-guaranteed por-
Appears in 3 contracts
Sources: Loan Note Guarantee Agreement, Loan Note Guarantee Agreement, Loan Note Guarantee Agreement