Risk Retention Certificate definition

Risk Retention Certificate. Any Class VRR Certificate or any of the Certificates comprising the HRR Interest.
Risk Retention Certificate. Any of the Certificates comprising the RR Interest.
Risk Retention Certificate. Any of the Certificates comprising the RR Interest, the WMRR Interest or the Class TCRR Certificates.

Examples of Risk Retention Certificate in a sentence

  • Upon receipt of the foregoing certifications, the Certificate Registrar shall, subject to Section 5.02(f), Section 5.03(a), Section 5.03(h), the following provisions of this Section 5.03(i), and Section 5.03(n), reflect such Risk Retention Certificate in the name of the prospective Transferee.

  • In connection with each transfer of a Risk Retention Certificate after the Closing Date, the transferor of such Certificate shall pay to the Certificate Administrator a transfer fee of $5,000 (together with any other expenses related to such transfer (including fees charged by the Depository, if applicable)) and such fee and expenses must be received by the Certificate Administrator prior to the transfer date or the Certificate Administrator shall not be required to complete the requested transfer.

  • In no event shall a Risk Retention Certificate be held as a Global Certificate during the RR Interest Transfer Restriction Period.

  • In no event shall a Risk Retention Certificate be held as a Global Certificate during the VRR Interest Transfer Restriction Period.

  • In its capacity as Certificate Registrar, the Certificate Administrator shall be responsible for, among other things, holding each Credit Risk Retention Certificate as a Definitive Certificate on behalf of the Holder of such Certificate in accordance with Section 5.2(f).

  • After the termination of the VRR Interest Transfer Restriction Period, if a transfer of a Risk Retention Certificate is to be made and such Risk Retention Certificate is in the Retained Interest Safekeeping Account, the Certificate Registrar shall not register a Transfer of such Risk Retention Certificate unless it is so instructed by the Certificate Administrator.

  • Any transfer of an interest in any Credit Risk Retention Certificate that is not in compliance with this Section 5.3 shall be null and void ab initio to the extent permitted under applicable law.

  • In no event shall a Credit Risk Retention Certificate be held as a Global Certificate during the HRR Interest Transfer Restriction Period.

  • Upon receipt of the foregoing certifications, the Certificate Registrar shall, subject to Section 5.2(f), Section 5.3(a), Section 5.3(i), the following provisions of this Section 5.3(j), and Section 5.3(n), reflect such Credit Risk Retention Certificate in the name of the prospective Transferee, and shall deliver a receipt in the form set forth in Exhibit R to the Transferee with a copy via email to each of the Retaining Sponsor and the transferor.

  • In no event shall a Risk Retention Certificate be held as a Global Certificate during the applicable RR Interest Transfer Restriction Period.


More Definitions of Risk Retention Certificate

Risk Retention Certificate. Any of the Class 360RR Certificates.
Risk Retention Certificate. Any of the Certificates comprising the VRR Interest. “

Related to Risk Retention Certificate

  • Allocation Certificate shall have the meaning set forth in Section 5.20.

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

  • Information Certificate means the Information Certificate of Borrower constituting Exhibit A hereto containing material information with respect to Borrower, its business and assets provided by or on behalf of Borrower to Lender in connection with the preparation of this Agreement and the other Financing Agreements and the financing arrangements provided for herein.

  • Satisfaction Certificate means the certificate materially in the form of the document contained in Call Off Schedule 5 (Testing) granted by the Customer when the Supplier has Achieved a Milestone or a Test;

  • Completion Certificate means the certificate to be issued by the Engineer-In- Charge when the work/s has been completed to his satisfaction as per terms of the contract.

  • Occupation Certificate means any occupation certificate as referred to in s 6.4 of the Act in respect of the Development Consent;

  • Option Certificate means the certificate, substantially in the form set out as Schedule “A” hereto, evidencing an Option;

  • Final Completion Certificate has the meaning set forth in Section 11.6.

  • Tax Exemption Certificate means the Tax Exemption Certificate approved under the terms of this Resolution and to be executed by the Treasurer and delivered at the time of issuance and delivery of the Notes.

  • Perfection Certificates is defined in Section 5.1.

  • Substantial Completion Certificate means the certificate issued and approved by the Authority indicating the date upon which the Trade Contractor Work (or a designated portion thereof) is Substantially Complete.

  • Perfection Certificate means a certificate in the form of Exhibit H hereto or any other form reasonably approved by the Collateral Agent, as the same shall be supplemented from time to time.

  • Exemption Certificate is defined in clause (e) of Section 4.6.

  • Participation Certificate means the original participation certificate, if any, that was executed and delivered in connection with a Participation Interest.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit L-2 or any other form approved by the Collateral Agent.

  • Collateral Information Certificate the Collateral Information Certificate to be executed and delivered by the Borrower pursuant to Section 5.1, substantially in the form of Exhibit J.

  • Construction Completion Certificate means a document:

  • Tax Certificate means the Federal Tax Certificate executed and delivered by the City on the Date of Original Issue of any Bond issued as a Tax-Exempt Bond, as the same may be amended or supplemented in accordance with its provisions.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Release Certificate means a Release Certificate in the form attached to this Appendix "C" as Schedule 2 executed by a duly authorized officer of the Custodian and delivered by the Custodian to the applicable Fund by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

  • Merchandise certificate means a writing not redeemable in cash and usable in its face amount in lieu of cash in exchange for goods or services.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Disclosure Certificate means this Continuing Disclosure Certificate.

  • registration certificate means the certificate of registration or other documents in lieu thereof establishing that the Goods supplied under the Contract are registered for use in the Purchaser’s country in accordance with the applicable law.

  • Risk retention group means any corporation or other limited liability association:

  • Continuing Disclosure Certificate means that certain Continuing Disclosure Certificate executed by the District and dated the date of issuance and delivery of the Bonds, as originally executed and as it may be amended from time to time in accordance with the terms thereof.