Examples of EU Retention Requirements in a sentence

Additionally, each of the parties hereto hereby agrees and, as evidenced by its acceptance of any benefits hereunder, the Certificateholder agrees, in no event shall the Owner Trustee have any responsibility to monitor compliance with, make calculations or provide or otherwise make available information or documents required by Regulation RR, EU Retention Requirements or any other rules or regulations regarding risk retention.
In exercising its rights pursuant to any Retention Financing Arrangements, any lender would not be required to have regard to the EU Retention Requirements and any such sale or appropriation may therefore cause the transaction described in this Offering Circular to be non-compliant with the EU Retention Requirements.
NP ELM intends to be classified as an "originator" for the purposes of the EU Retention Requirements and will acquire CLO Retention Investments from Retention CLOs with the intention of complying with the EU Retention Requirements.
Additionally, each of the parties hereto hereby agrees and, as evidenced by its acceptance of any benefits hereunder, the Certificateholder agrees, in no event shall the Owner Trustee have any responsibility to monitor compliance with, make calculations or provide or otherwise make available information or documents required by Regulation RR, EU Retention Requirements, UK Retention Requirements or any other rules or regulations regarding risk retention.
As a result of such restrictions, the Issuer, or the Collateral Manager on its behalf, may be restricted from building or maintaining the par value of the Collateral in certain circumstances under which they would otherwise be able to do so, in order to comply with the provisions of the Conditions intended to achieve ongoing compliance with the EU Retention Requirements.

More Definitions of EU Retention Requirements

EU Retention Requirements means Article 6 of the Securitisation Regulation.Any change to the manner in which such interest is held will be notified to investors. Mortgage Loans have not been selected to be sold to the Issuer with the aim of rendering losses on the Mortgage Loans sold to the Issuer, measured over a period of 4 (four) years, higher than the losses over the same period on comparable assets held on UCI Portugal' balance sheet.UCI Portugal (as Originator) will undertake, inter alia, to the Arranger and the Lead Manager in the Subscription Agreement that: (a) it will acquire and retain on an ongoing basis the EU Retained Interest; (b) whilst any of the Notes remain outstanding, it will not sell, hedge or otherwise mitigate (and shall procure that none of its affiliates shall sell, hedge or otherwise mitigate) its credit exposure to the EU Retained Interest; (c) there will be no arrangements pursuant to which the EU Retained Interest will decline over time materially faster than the Principal Outstanding Balance of the Mortgage Assets transferred to the Issuer; (d) it will confirm to the Issuer and the Transaction Manager, on a monthly basis, that it continues to hold the EU Retained Interest; and (e) it will provide notice to the Issuer, the Common Representative and the Transaction Manager as soon as practicable in the event it no longer holds the EU Retained Interest.Transparency under the Securitisation Regulation and Confirmations of the OriginatorFor the purposes of Article 5 of the Securitisation Regulation, the Originator has made available the following information (or has procured that such information is made available): (a) confirmation that the Originator grants all credits giving rise to the Mortgage Loans on the basis of sound and well defined criteria and clearly established processes for approving, amending, renewing and financing those credits and has effective systems in place to apply those criteria and processes in accordance with Article 9(1) of the Securitisation Regulation; (b) confirmation that the Originator will retain on an ongoing basis a material net economic interest in accordance with Article 6(3)(d) of the Securitisation Regulation and that the risk retention will be disclosed to investors in accordance with the transparency requirements required by the text of Article 7 of the Securitisation Regulation, as stated above in EU Risk Retention Requirements; and (c) confirmation that the Originator will make available the information required ...

EU Retention Requirements means Article 6 of the EU Securitisation Regulation, including (i) any regulatory and/or implementing technical standards in relation thereto (including 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 EU Securitisation Regulation) and (ii) any guidance published in relation thereto by the ESMA, the European Banking Authority, the European Commission or the European Central Bank; provided that any reference to the EU Retention Requirements shall be deemed to include any successor or replacement provisions of Article 6 of the EU Securitisation Regulation included in any European Union directive or regulation.

EU Retention Requirements means Articles 404-410 (inclusive) of the CRR, together with any guidance published in relation thereto including any regulatory and/or implementing technical standards.

EU Retention Requirements means the requirements of Article 6 of the EU Securitisation Regulation, together with any guidance published in relation thereto by the EBA, including any regulatory and/or implementing technical standards, provided that any reference to the EU Retention Requirements shall be deemed to include any successor or replacement provisions of Article 6 of the EU Securitisation Regulation included in any European Union directive or regulation.”,and each reference to “EU Retention Requirements” that appears in the Conditions and Transaction Documents shall be deemed to be replaced by a reference to “Retention Requirements”.• Paragraph (c) of the definition of “EURIBOR” is deleted in its entirety and replaced with the following:

EU Retention Requirements has the meaning specified in Section 8.02(b). “Eurodollar Advance” means a Series 2018-1 Class A Advance that bears interest at the Eurodollar Rate during such time as it bears interest at such rate, as provided herein. “Eurodollar Business Day” means any Business Day on which dealings are also carried on in the London interbank market and banks are open for business in London. “Eurodollar Funding Rate” means, for any Eurodollar Interest Accrual Period, (i) the rate per annum determined by the Administrative Agent at approximately 11:00 a.m. (London time) on the date that is two Eurodollar Business Days prior to the beginning of such Eurodollar Interest Accrual Period on the page of the Reuters screen which displays the London interbank offered rate administered by ICE 5 XXXXXXXXXX00\00000000

EU Retention Requirements means the CRR Retention Requirements, the AIFMD Retention Requirements and the Solvency II Retention Requirements. (2) “CRR Retention Requirements” means Articles 404 to 410 of the E.U. Capital Requirements Regulation, together with Commission Delegated Regulation (EU) No 625/2014 of 13 March 2014 and any other guidelines, implementing or delegated regulations and technical standards published in relation thereto by the European Supervisory Authorities (jointly or individually) or the European Commission as may be effective from time to time; provided, that any reference to the E.U. Capital Requirements Regulation or to the CRR Retention Requirements shall be deemed to include any successor or replacement provisions included in any European Union directive or regulation. (3) “AIFMD Retention Requirements” means Article 17 of the AIFMD, as supplemented by Section 5 of Chapter 3 of Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 (the “AIFMD Level 2 Regulation”), including any guidance published in relation thereto and any implementing laws or regulations in force in any Member State of the European Union, provided that references to the AIFMD Retention Requirements shall be deemed to include any successor or replacement provisions of AIFMD Level 2 Regulation included in any European Union directive or regulation subsequent to the AIFMD and/or the AIFMD Level 2 Regulation. (4) “AIFMD” means EU Directive 2011/61/EU on Alternative Investment Fund Managers (as amended from time to time and as implemented by Member States of the European Union) together with any implementing or delegated regulation, technical standards and guidance related thereto as may be amended, replaced or supplemented from time to time. (5) “Solvency II Retention Requirements” means Article 135(2) of the Solvency II Directive, as supplemented by Articles 254 to 257 of the Solvency II Level 2 Regulation, including any guidance published in relation thereto and any implementing laws or regulations in force in any Member State of the European Union, provided that references to Solvency II Retention Requirements shall be deemed to include any successor or replacement provisions of the Solvency II Level 2 Regulation included in any European Union directive or regulation subsequent to Solvency II and/or the Solvency II Level 2 Regulation. (6) “Solvency II Directive” means EU Directive 2009/138/EC, as may be amended, replaced or supplemented from time to time. 42 DMSLIBRARY01\...

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