Retention Undertaking Letter definition

Retention Undertaking Letter means any letter specified as a “Series [#] Retention Undertaking Letter” in the related Indenture Supplement.
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Retention Undertaking Letter means the letter, dated as of April 17, 2018, between, among others, XxXxxx and the Trustee, pursuant to which XxXxxx will make certain undertakings and agreements in respect of the EU risk retention requirements, and any other letter specified as a “Series [#] Retention Undertaking Letter” in the related Indenture Supplement.
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Retention Undertaking Letter means the letter from the Retention Holder dated 31 October 2019, which replaces the Original Retention Undertaking Letter, and is addressed to the Issuer, the Initial Purchaser, the Trustee and the Collateral Administrator pursuant to which the Retention Holder will make certain undertakings and agreements in respect of the EU Retention Requirements.
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Examples of Retention Undertaking Letter in a sentence

  • There is no evidence that length of tenure is having an adverse impact on their independence.

  • Y □ N □ Specify name, type & brand of any medications including inhalers, bee sting kits, etc.

  • Notwithstanding the undertakings set out in the Retention Undertaking Letter, the Retention Holder is not obliged to sell any Originator Assets to the Issuer.

  • In addition, there will be no restriction on the ability of the Retention Holder to purchase and divest of Notes, other than the Retention Notes in respect of which, any divestment shall be subject to the terms of the Retention Undertaking Letter.

  • Notwithstanding the undertakings set out in the Retention Undertaking Letter, the Retention Holder is not obliged to sell any Collateral Obligations to the Issuer.

  • Retention Holder’s discretion Notwithstanding the undertakings set out in the Retention Undertaking Letter, the Retention Holder is not obliged to sell any Collateral Obligations to the Issuer.

  • RetentionThe Trustee shall not be responsible for the monitoring of, compliance with, or for investigating any matter which is the subject of, the undertaking given by the Originator under the Retention Undertaking Letter in relation to the Originator’s initial and ongoing retention of the Retention Notes in accordance with the Retention Requirements (the “ Retention Undertaking”).

  • EU Retention Requirements The Retention Notes will be acquired by the Retention Holder onthe Issue Date and, pursuant to the Retention Undertaking Letter, the Retention Holder will undertake to retain the Retention Notes with the intention of complying on an ongoing basis with the EU Retention Requirements.

  • Governing Law The Notes, the Trust Deed, the Collateral Management and Administration Agreement, the Agency and Account Bank Agreement, the Retention Undertaking Letter and all other Transaction Documents (save for the Corporate Services Agreement, which is governed by the laws of Ireland) will be governed by English law.

  • The information appearing in the section entitled " EU Risk Retention Requirements" below consists of a summary of certain provisions of the Retention Undertaking Letter (as amended by the Supplemental Deed on the Refinancing Date) which does not purport to be complete and is qualified by reference to the detailed provisions of such letter .


More Definitions of Retention Undertaking Letter

Retention Undertaking Letter means the Original Retention Undertaking Letter and the Refinancing Retention Undertaking Letter.(w) The definition of “STS Regulation” is deleted.(x) The definition of “Transaction Documents” is deleted and replaced with:
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Retention Undertaking Letter means the letter agreement delivered by KCAP Financial (in its capacity as retention holder, the “ Retention Holder”) on the Additional Issuance Date relating to its undertakings in connection with Article 405(1).
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Retention Undertaking Letter. The amended and restated letter from the Portfolio Manager and the EU/UK Retention Holder, dated as of the Refinancing Date, and addressed to the Issuer, the Placement Agent and the Trustee pursuant to which the Portfolio Manager and the EU/UK Retention Holder, as applicable, will make certain undertakings and agreements in respect of the Securitization Laws, which shall replace and supersede the EU retention undertaking letter entered into on the Closing Date.
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Retention Undertaking Letter means the letter agreement delivered by KCAP Financial (in its capacity as retention holder, the “Retention Holder”) on the Additional Issuance Date relating to its undertakings in connection with Article 405(1).
Sample 1
Retention Undertaking Letter. The letter from the Originator dated as of the Closing Date (as amended by the Amendment to the Retention Undertaking Letter dated as of the First Refinancing Date) and addressed to the Issuer, the Initial Purchaser, the Trustee and the Collateral Administrator pursuant to which the Originator has made certain undertakings and agreements in respect of the E.U. Retention Requirements.
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Related to Retention Undertaking Letter

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Disclosure Undertaking means the Issuer’s master undertaking to provide ongoing disclosure relating to certain obligations contained in the SEC Rule in connection with the general obligation notes of the Issuer issued after February 27, 2019, as implemented by Ordinance Number 50-933 of the Issuer.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

  • Existing Confidentiality Agreement shall have the meaning set forth in Section 6.6.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Performance Undertaking means that certain Performance Undertaking, dated as of the Closing Date, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or a Subsidiary thereof that are reasonably customary in non-recourse securitization transactions.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Acceptable Confidentiality Agreement means a confidentiality agreement that contains provisions that are no less favorable in the aggregate to the Company than those contained in the Confidentiality Agreements; provided, that such agreement and any related agreements shall not include any provision calling for any exclusive right to negotiate with such party or having the effect of prohibiting the Company from satisfying its obligations under this Agreement.

  • Financial Agreement means an agreement that meets the

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Mandate Letter has the meaning ascribed to it in the Memorandum of Understanding between MOHLTC and the LHIN, and means a letter from the Minister to the LHIN establishing priorities in accordance with the Premier’s mandate letter to the Minister.

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Severance Agreement means the Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • Confidentiality Agreement has the meaning set forth in Section 6.3.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

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

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;