EU Risk Retention Letter definition

EU Risk Retention Letter means the EU Risk Retention Agreement, dated as of the Fifth Amendment Effective Date, between the Servicer, the Seller, the Originators and the Administrative Agent, as the same may be amended or modified in accordance with its terms and the terms hereof.
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EU Risk Retention Letter. The letter relating to the retention of net economic interest by the E.U. Retention Provider, and addressed to the Issuer and the Trustee.
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EU Risk Retention Letter. That certain risk retention letter delivered by Arbor Parent and ARMS Equity to the Issuer, the Co-Issuer, the Loan Obligation Manager, the Trustee and the Placement Agent, dated April 11, 2017.
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Examples of EU Risk Retention Letter in a sentence

  • Insofar as there may be no applicable precedent, and insofar as to do so would not frustrate the purposes of the Freddie Mac Act or any provision of this EU Risk Retention Letter or the transactions governed thereby, the laws of the State of New York shall be deemed reflective of the laws of the United States.

  • This EU Risk Retention Letter shall be construed in accordance with and governed by the laws of the United States.

  • The Issuer irrevocably submits to the non-exclusive jurisdiction of the United States federal court located in the Borough of Manhattan in the City of New York in any action or proceeding arising out of or relating to this EU Risk Retention Letter, and hereby irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in such federal court.

  • Five Arrows Managers LLP in its capacity as retention holder in accordance with the E.U. Risk Retention Letter and any successor, assign or transferee, to the extent permitted under the E.U. Risk Retention Letter and the E.U. Risk Retention and Transparency Requirements and references in any Transaction Documents to the “Retention Holder” shall be deemed to refer to the “E.U. Retention Holder”.

  • An event that occurs if at any time the E.U. Retention Holder (a) sells, hedges or otherwise mitigates its credit risk under or associated with the Retention Interests or the underlying portfolio of Underlying Assets, except to the extent not restricted under (i) E.U. Risk Retention Letter, or (ii) the E.U. Risk Retention and Transparency Requirements or (b) materially breaches the terms of the E.U. Risk Retention Letter.

  • E.U. Retention Notes or the underlying portfolio of Collateral Obligations, except to the extent permitted (i) under the E.U. Risk Retention Letter or (ii) otherwise in accordance with the E.U. Retention Requirements or (b) materially breaches the terms of the E.U. Risk Retention Letter.

  • Each of the Indenture, the Asset Management Agreement, the Collateral Administration Agreement, the Account Agreement, the Administration Agreement, the Registered Office Agreement, the Placement Agency Agreement and the E.U. Risk Retention Letter.

  • This Indenture, the Collateral Management Agreement, the Collateral Administration Agreement, the Account Agreement, the EU Risk Retention Letter, the Registered Office Agreement, the Administration Agreement and any agreement with an Issuer Subsidiary.

  • The Issuer irrevocably submits to the non-exclusive jurisdiction of the United States federal court located in the Borough of Manhattan in the City of New York in any action or proceeding arising out of or relating to this EU Risk Retention Letter, and herebyirrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in such federal court.

  • The Collateral Manager (in its capacity as the Retention Holder)will represent and undertake to acquire and hold the Retention Notes (as defined in the section “The Retention Holder and EU Retention and Transparency Requirements”) on the terms set out in the EU Risk Retention Letter.


More Definitions of EU Risk Retention Letter

EU Risk Retention Letter means the EU Risk Retention Agreement, dated as of the date hereof, between WESCO, the Seller, the Originators and the Administrator, as the same may be amended or modified in accordance with its terms and the terms hereof.Securitisation Regulation” means Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardized securitisation, and amending certain other European Union Directives and Regulations, as amended.
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EU Risk Retention Letter means the amended and restated letter signed by the Retention Holder addressed to the Issuer relating to the EU Retention Requirements, as may be amended or supplemented from time to time.
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EU Risk Retention Letter means the letter agreement, dated the Closing Date, from Freddie Mac for the benefit of each EU Institutional Investor.
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EU Risk Retention Letter means that certain letter agreement between RAIT Partnership and the Trust Depositor, dated on or about the Closing Date
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EU Risk Retention Letter. Prior the Second Refinancing Date, the meaning assigned to "Risk Retention Letter" in the Original Indenture, and on and after the Second Refinancing Date, the letter entered into between the Issuer, the Retention Holder, the Collateral Manager and the Second Refinancing Initial Purchaser, dated on or about the Second Refinancing Date as may be amended or supplemented from time to time.
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Related to EU Risk Retention Letter

  • U.S. Risk Retention Rules means the federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246.

  • Closing protection letter means an agreement by the division to indemnify a lender or owner or both for loss caused by a division closer’s theft of settlement funds or failure to comply with written closing instructions relating to title certificate coverage when agreed to by the division closer.

  • Implementation Letter means the letter of even date herewith, from the Borrower to the Bank, containing the performance indicators for Project monitoring and evaluation;

  • Termination Letter has the meaning specified in Section 2.17(b).

  • Confirmation Letter means a letter issued by any applicable Rating Agency to the effect that neither (a) the resignation of Provident as Servicer under the Servicing Agreement and appointment of Litton as successor Servicer thereunder, nor (b) the amendments exxxxxxated by this Agreement, will adversely affect the then current ratings on the Certificates then being rated.

  • SWS wage assessment agreement means the document in the form required by the Department of Education, Employment and Workplace Relations that records the employee’s productive capacity and agreed wage rate

  • Risk Retention Rules means the joint final rule that was promulgated to implement the Risk Retention Requirements (which such joint final rule has been codified, inter alia, at 17 C.F.R. § 246), as such rule may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Commission and the Department of Housing and Urban Development in the adopting release (79 Fed. Reg. 77601 et seq.) or by the staff of any such agency, or as may be provided by any such agency or its staff from time to time, in each case, as effective from time to time as of the applicable compliance date specified therein.

  • Risk Retention Consultation Party means each risk retention consultation party appointed pursuant to the Lead Securitization Servicing Agreement.

  • Sanction Letter means the letter issued by the Lender sanctioning the Loan with the relevant particulars as mentioned in the letter.

  • Risk retention group means any corporation or other limited liability association:

  • Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).

  • Credit Risk Retention Rules shall have the meaning set forth in Section 4.9(a).

  • Quality Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.3 of Exhibit B to the ITP.

  • Procurement Policy means ADB’s Procurement Policy - Goods, Works, Nonconsulting and Consulting Services (2017, as amended from time to time);

  • Designation Letter means, with respect to any Designated Subsidiary, a letter in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

  • Investment Representation Letter As defined in Section 5.02(b).

  • Medicare supplement policy means a group or individual policy of [accident and sickness] insurance or a subscriber contract [of hospital and medical service associations or health maintenance organizations], other than a policy issued pursuant to a contract under Section 1876 of the federal Social Security Act (42 U.S.C. Section 1395 et. seq.) or an issued policy under a demonstration project specified in 42 U.S.C. § 1395ss(g)(1), which is advertised, marketed or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical or surgical expenses of persons eligible for Medicare. “Medicare supplement policy” does not include Medicare Advantage plans established under Medicare Part C, Outpatient Prescription Drug plans established under Medicare Part D, or any Health Care Prepayment Plan (HCPP) that provides benefits pursuant to an agreement under §1833(a)(1)(A) of the Social Security Act.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated May 5, 2023, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Recipient shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Administrative Services Agreement has the meaning set forth in Section 2.1(d).

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.