Common use of EU Risk Retention Clause in Contracts

EU Risk Retention. Santander Consumer hereby covenants and agrees, in connection with the EU Retention Rules, on an ongoing basis, so long as any Notes remain Outstanding:

Appears in 34 contracts

Samples: Sale and Servicing Agreement, Sale and Servicing Agreement (Drive Auto Receivables Trust 2018-5), Sale and Servicing Agreement (Drive Auto Receivables Trust 2018-5)

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EU Risk Retention. Santander Consumer hereby covenants and agrees, in connection with the EU Retention Rules, in each case as in effect and applicable on the Closing Date, on an ongoing basis, so long as any Notes remain Outstanding:

Appears in 16 contracts

Samples: Sale and Servicing Agreement (Drive Auto Receivables Trust 2020-1), Sale and Servicing Agreement (Drive Auto Receivables Trust 2020-1), Sale and Servicing Agreement (Drive Auto Receivables Trust 2019-4)

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EU Risk Retention. Santander Consumer hereby covenants and agrees, in connection with the EU Due Diligence and Retention Rules, in each case as in effect and applicable on the Closing Date, on an ongoing basis, so long as any Notes remain Outstanding:

Appears in 1 contract

Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables LLC)

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