Regulation RR Risk Retention. Each Originator agrees that it (i) shall collectively with the other Originators, retain, directly or through their nominee, the Residual Interest on the Closing Date and (ii) shall not sell, transfer, finance or hedge the Residual Interest except as permitted by the U.S. Credit Risk Retention Rules.
Appears in 16 contracts
Samples: Omnibus Amendment (Vzot 2018-A), Originator Receivables Transfer Agreement (Verizon Owner Trust 2020-C), Originator Receivables Transfer Agreement (Verizon Owner Trust 2020-C)
