Common use of EU Risk Retention Clause in Contracts

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

Appears in 6 contracts

Samples: Receivables Purchase Agreement (World Omni Select Auto Trust 2020-A), Receivables Purchase Agreement (World Omni Select Auto Trust 2020-A), Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-B)

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EU Risk Retention. World Omni hereby represents and confirms, covenants and agrees, in connection with the EU Securitization Rules as in effect and applicable on the Closing Date, on an ongoing basis, so long as any Notes remain Outstanding, that:

Appears in 4 contracts

Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-A)

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