Securitization Regulation. The EU Securitization Regulation and the UK Securitization Regulation.
Securitization Regulation means Regulation (EU) 2017/2402.
Securitization Regulation means each of the EU Securitization Regulation and the UK Securitization Regulation.
Examples of Securitization Regulation in a sentence
The EU Securitization Regulation does not specify the jurisdictional scope of application of Article 7.
Since the date of the immediately preceding Servicer's Report, it has not engaged in any hedging or credit risk mitigations, or any transfer of the Retained Class R Certificate (except as permitted by the EU Securitization Regulation); c.
However, the European Banking Authority has stated that Article 6 of the EU Securitization Regulation should apply only to originators, sponsors and original lenders established in the EU and, on the basis of that statement by analogy, Article 7 should apply only to originators, sponsors or SSPEs established in the EU.
Risk Retention Compliance Triggers (i) two years from the closing dateN (ii) the date the pool balance is 33% or less of the intial pool balanceN (iii) the date the principal balance of the notes is 33% or less of the original principal balance of such notesN (iv) For the purposes of the EU Securitization Regulation, NCFC confirms each of the following:Y a.
The Securitization Regulation makes no express provision for the application of any requirements of the EEA Risk Retention Regulations or of the Securitization Regulation to UCITS or IORPs that hold or acquire any interest in respect of a Pre-2019 Securitization and, accordingly, it is not clear what requirements (if any) will be applicable to those investors.
More Definitions of Securitization Regulation
Securitization Regulation. The meaning specified in the definition of “E.U. Securitization Laws”.
Securitization Regulation means the Regulation (EU) 2017/2402, including (i) any relevant regulatory and/or implementing technical standards or delegated regulation in relation thereto (including any applicable transitional provisions) and (ii) any relevant guidance and policy statements in relation thereto published by the European Banking Authority, the European Securities and Markets Authority, the European Insurance and Occupational Pensions Authority and/or the European Commission; in each case, as amended, supplemented, superseded or modified from time to time.
Securitization Regulation. The meaning assigned to such term in the Second Refinancing Offering Circular.
Securitization Regulation. The EU Securitization Regulation and/or the UK Securitization Regulation. “Security Entitlement”: The meaning specified in Section 8-102(a)(17) of the UCC. “Selling Institution”: The entity obligated to make payments to the Issuer under the terms of a Participation Interest. “Senior Secured Loan”: Any Loan or assignment of or Participation Interest in a Loan that: (a) other than to the extent provided in the definition of “First-Lien Last-Out Loan,” is not (and cannot by its terms become) subordinate in right of payment to any other obligation of the obligor of the Loan (subject to customary exceptions for Loans secured by a first-priority perfected security interest, including for Super-Priority Revolving Facilities); (b) is secured by a valid first-priority perfected security interest or lien in, to or on specified collateral securing the obligor’s obligations under the Loan (subject to customary exceptions for permitted Liens, including, without limitation, any tax liens); (c) the value of the collateral securing the Loan at the time of purchase together with other attributes of the obligor (including, without limitation, its general financial condition, ability to generate cash flow available for debt service and other demands for that cash flow) is adequate (in the commercially reasonable judgment of the Collateral Manager) to repay the Loan in accordance with its terms and to repay all other Loans of equal seniority secured by a first lien or security interest in the same collateral and (d) is not secured solely or primarily by common stock or other equity interests; provided, that the limitation set forth in this clause (d) shall not apply with respect to a Loan made to a parent entity that is secured solely or primarily by the stock of one or more of the subsidiaries of such parent entity to the extent that the granting by any such subsidiary of a lien on its own property would violate law or
Securitization Regulation. The EU Securitization Regulation and/or the UK Securitization Regulation. “Security Entitlement”: The meaning specified in Section 8-102(a)(17) of the UCC. “Selling Institution”: The entity obligated to make payments to the Issuer under the terms of a Participation Interest. “Senior Secured Loan”: Any Loan or assignment of or Participation Interest in a Loan that: (a) other than to the extent provided in the definition of “First-Lien Last-Out Loan,” is not (and cannot by its terms become) subordinate in right of payment to any other obligation of the obligor of the Loan (subject to customary exceptions for Loans secured by a first-priority perfected security interest, including for Super-Priority Revolving Facilities); (b) is secured by a valid first-priority perfected security interest or lien in, to or on specified collateral securing the obligor’s obligations under the Loan (subject to customary exceptions for permitted Liens,
Securitization Regulation. (a) With respect to the European Union, Regulation (EU) 2017/2402 and (b) with respect to the United Kingdom, Regulation (EU) 2017/2402, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, and as amended by the Securitization (Amendment) (EU Exit) Regulations 2019.
Securitization Regulation means Regulation (EU) 2017/2402. “Security” is defined in Section 2(a)(1) of the Securities Act. “Seller” is defined in the preamble. “Seller Creditor” is defined in Section 13.7(b). “Seller Obligations” means any obligation owed by the Seller to the Collateral Agent, the Administrative Agent, any Purchaser Agent, any Purchaser, any Indemnified Party, any other Affected Party, or any account institution that maintains a Lock-box Account, a Collection Account or the OmnibusPayment Account arising in connection with this Agreement, and each other Transaction Document, whether now or hereafter existing, due or to become due, direct or indirect, or absolute or contingent, including, all Indemnified Amounts payable pursuant to Section 12.1. “Service Charge Receivable” means any right to payment from a Person, whether constituting an account, chattel paper, instrument, a payment intangible or a general intangible (as such terms are defined under the UCC), arising from ADT’s providing the Monitoring Services pursuant to a contract and including any payment obligations of such Person with respect thereto. “Servicer” is defined in Section 8.1(a). “Servicing Fee” means in respect of the Receivable Pool, for any day, an amount equal to the product of (i) the Servicing Fee Rate, times the Financed Unpaid Balance of all Pool Receivables at the end of such day, and (ii) 1/360. “Servicing Fee Rate” means 0.50%. “Set-off Party” is defined in Section 13.4. “Settlement Date” means (a) the twentieth (20th) day of each calendar month (or, if such day is not a Business Day, the immediately succeeding Business Day), and (b) on and after the Acceleration Date, each additional day selected from time to time by the Administrative Agent (it being understood that the Administrative Agent may select such Settlement Date to occur daily); provided, that the first Settlement Date shall be April 22, 2020; provided, further, that the last Settlement Date shall be the Final Payout Date. “Settlement Period” means: A-35 SK 28677 0004 8494650 v1726