EU Institutional Investor definition

EU Institutional Investor means an institutional investor as defined in the EU Securitization Regulation.

EU Institutional Investor has the meaning given to “institutional investor” under the Securitisation Regulation.

EU Institutional Investor means each of EU-regulated credit institutions, EU-regulated investment firms, certain alternative investment fund managers which manage and/or market alternative investment funds in the EU, EU regulated insurers or reinsurers, certain investment companies authorised in accordance with Directive 2009/65/EC, managing companies as defined in Directive 2009/65/EC, institutions for occupational retirement provision falling within the scope of Directive (EU) 2016/2341 (subject to certainexceptions), and certain investment managers and authorised entities appointed by such institutions subject thereto. Potential EU Institutional Investors should note that neither the issuer nor the seller or servicer is bound to comply with the requirements of the EU Securitisation Regulation unless it agrees to be so bound as a contractual matter. In this respect, the issuer may specify in the applicable final terms for any issuance of a series of notes that, in respect of such series of notes and for so long as such series of notes is outstanding, the seller will undertake to the issuer that it will (as originator for the purposes of Article 6(1) of the EU Securitisation Regulation) retain, on an on-going basis, a material net economic interest of not less than 5 per cent. in the nominal value of the securitised exposures as required by the text of Article 6 of the EU Securitisation Regulation (as in force at the date of this base prospectus) (the "EU Risk Retention Requirements") by way of a retention of the seller share of no less than 5% of the mortgages trust in accordance with Article 6(3)(b) of the EU Securitisation Regulation (as in force at the date of this base prospectus) as though Article 6 of the EU Securitisation Regulation (as in force at the date of this base prospectus) applied to the programme (the "EU Risk Retention Undertaking"). Any EU Risk retention Undertaking will terminate on and from an applicable SR Equivalency Date.The issuer may specify in the relevant final terms for any issuance of a series of notes that, in respect of such series of notes and for so long as such series of notes is outstanding, the seller (as originator) will undertake to the issuer (the "EU Transparency Undertaking") to procure the publication of:

Examples of EU Institutional Investor in a sentence

• Any such EU Institutional Investor is required to independently assess and determine the sufficiency of the information described in this Memorandum for the purposes of complying with the EU Due Diligence Requirements.Article 7 requires the originator, sponsor and SSPE of a securitization to make certain prescribed information relating to the securitization available to investors, competent authorities and, upon request, to potential investors.

• In addition, for the purpose of the following paragraph, a reference to a “third country” means (i) in respect of an EU Institutional Investor and the EU Securitization Regulation, a country other than an EU member state, or (ii) in respect of a UK Institutional Investor and the UK Securitization Regulation, a country other than the UK.

• In addition, for the purpose of the following paragraph, a reference to a “third country” means (i) in respect of an EU Institutional Investor and the EU Securitization Regulation, a country other than an European Union member state, or (ii) in respect of a UK Institutional Investor and the UK Securitization Regulation, a country other than the United Kingdom.

• Each such institutional investor and each relevant affiliate is referred to herein as an "EU Institutional Investor".

• The European Commission said therein that differentiating the scope of the information which an EU Institutional Investor is required to receive for the purpose of satisfying its verification obligation referred to in paragraph (b) above according to whether the securitization is issued by entities established in the EU or in third countries is not in line with the legislative intent of the EU Securitization Regulation.

More Definitions of EU Institutional Investor

EU Institutional Investor means (a) an "institutional investor" as defined in the EU Securitization Regulation and includes (i) insurance undertakings and reinsurance undertakings as defined in Directive 2009/138/EC; (ii) institutions for occupational retirement provision falling within the scope of Directive (EU) 2016/2341 (subject to certain exceptions), and certain investment managers and authorized entities appointed by such institutions; (iii) alternative investment fund managers as defined in Directive 2011/61/EU which manage and/or market alternative investment funds in the EU; (iv) certain internally-managed investment companies authorized in accordance with Directive 2009/65/EC and management companies as defined in that Directive; (v) credit institutions as defined in Regulation (EU) No. 575/2013 (as amended, the "CRR"); and (vi) investment firms as defined in the CRR and (b) certain consolidated affiliates of such credit institutions and investment firms who are subject to the requirements of Article 5 of the EU Securitization Regulation pursuant to Article 14 of the CRR;

EU Institutional Investor means an “institutional investor” as defined in Article 2(12) of the EU Securitisation Regulation.”

EU Institutional Investor means an “institutional investor” as defined in the EU Securitisation Regulations.

EU Institutional Investor. (Subject to certain conditions and exceptions) (a) institutions for occupational retirement provision; (b) credit institutions (as defined in Regulation (EU) No 575/2013, as amended (the “CRR”)); (c) alternative investment fund managers who manage and/or market alternative investment funds in the EU; (d) investment firms (as defined in the CRR); (e) insurance and reinsurance undertakings; (f) management companies of UCITS funds (or internally managed UCITS); and (g) certain consolidated affiliates of such credit institutions and investment firms, wherever established or located to which the EU Due Diligence Requirements apply.

EU Institutional Investor means a Person that is an institutional investor for the purpose of the EU Securitisation Regulation, as determined by such Person in its sole discretion, from time to time.

EU Institutional Investor. An investor in the Secured Debt that is subject to regulation under the EU Securitization Regulation from time to time or party to liquidity or credit support arrangements provided by a financial institution that is subject to the EU Securitization Regulation.

EU Institutional Investor means an institutional investor as such term is defined in Article 2(12) of the EU Securitization Regulation. SALE AND SERVICING AGREEMENT (RMIT 2021-1) - Schedule II - 14