EU Retention Letter definition

EU Retention Letter. The risk retention letter entered into by the Retention Holder on the Closing Date with the Issuers, the Initial Purchaser and the Trustee (for the benefit of the Holders).
EU Retention Letter means the letter agreement, dated as of the Series 2020-1 Closing Date, by the EU Retention Holders in favor of the Co-Issuers, the Trustee (for the benefit of the Noteholders) and the Initial Purchaser relating to the covenants and agreements made by the Managers in connection with compliance with certain relevant provisions under the EU Securitization Regulation.
EU Retention Letter means, as described in the Offering Circular, that certain letter agreement entered into by ▇▇▇▇▇▇▇ Mac, dated as of the Closing Date.

Examples of EU Retention Letter in a sentence

  • To the Note Agent and, upon written request therefor, any Affected Investor an executed EU Retention Letter in the form of Exhibit F hereto.


More Definitions of EU Retention Letter

EU Retention Letter. With respect to the Closing Date, a letter relating to the retention of net economic interest in substantially the form of Exhibit F hereto, from the EU Retention Provider and addressed to the Issuer, the Trustee and the Placement Agent, and (b) with respect to the Refinancing Date, a letter relating to the retention of net economic interest dated as of the Refinancing Date from the EU Retention Provider and addressed to the Issuer, the Trustee and the Placement Agent.
EU Retention Letter means the EU Retention Letter entered into by the EU Retention Holder as of the Series 2020-1 Closing Date in favor of the Issuer, the Trustee, Barclays Capital Inc., on behalf of itself and as Representative of the Initial Purchasers, and Coöperatieve Rabobank U.A., New York Branch, on behalf of itself as L/C Provider, Swingline Lender, a Committed Note Purchaser and a Funding Agent and as Series 2020-1 Class A-1 Administrative Agent on behalf of the Committed Note Purchasers and the related Funding Agents.
EU Retention Letter. Each letter relating to the retention of the EU Retained Amount in substantially the form of Exhibit E hereto, from the EU Retention Provider and the U.S. Retention Provider and addressed to the Issuer, the Trustee and the Initial Purchaser (as amended, replaced, updated or otherwise modified from time to time).