Examples of EU Risk Retention Requirement in a sentence
In exercising its rights pursuant to such financing arrangements, the lender would not be required to take into account the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules and any such enforcement action may therefore cause the transaction described in this Offering Circular to fail to comply with the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.
Furthermore, the Issuer may not issue further Notes (a) without the Originator consenting to such issuance and(b) to the extent any such issuance would result in non-compliance with the EU Risk Retention Requirement or the U.S. Risk Retention Rules, as the case may be.
The Issuer’s ability to issue additional notes may be impaired or limited as a result of the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.
If the Retention Holder is a borrower in connection with any such financing arrangements, none of the Issuer, the Initial Purchaser, the Arranger, the Co-Placement Agents, the Collateral Manager, the Originator, the Retention Holder, the Trustee, the Agents nor any of their affiliates makes any representation, warranty or guarantee that such financing arrangements will comply with the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.
Restrictions on the Discretion of the Collateral Manager in Order to Comply with the EU Risk Retention Requirement and the U.S. Risk Retention RulesThe aim behind the relevant retention requirements described in “ EU Securitisation Regulation” above is that affected investors should only invest in securitisations where the originator, sponsor or original lender for the securitisation has explicitly disclosed that it will retain, on an ongoing basis, a net economic interest of not less than five per cent.