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Common use of Risk Retention Clause in Contracts

Risk Retention. The Bank or a Wholly-Owned Affiliate of the Bank shall, to the extent required, retain an economic interest in the credit risk of the financial assets in accordance in all material respects with the Credit Risk Retention Rules, including the restrictions on sale, pledging and hedging set forth therein.

Appears in 20 contracts

Sources: Underwriting Agreement (Jpmorgan Chase Bank, National Association), Underwriting Agreement (Jpmorgan Chase Bank, National Association), Underwriting Agreement (Jpmorgan Chase Bank, National Association)

Related Clauses

  • Credit Risk Retention
  • Regulation RR Risk Retention
  • Summary of Policy and Prohibitions on Procurement Lobbying
  • Final Retention
  • General Record Management and Retention

Parent Clauses

  • Covenants
  • Representations and Warranties of the Seller
  • Representations and Warranties of the Bank
  • Further Agreements of the Bank, the Depositor and the Issuing Entity
  • Miscellaneous

Sub-Clauses

  • Servicing Fee
  • Collection of Payments on Receivables; Receivable Modifications
  • Servicer’s Monthly Certificate
  • Covenants of Servicer
  • Licenses and Approvals
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