Retention of Net Economic Interest Letter definition

Retention of Net Economic Interest Letter. The letter relating to the retention of net economic interest from the Retention Parent and the Retention Holder and addressed to the Issuer, the Trustee and the Initial Purchaser.
Retention of Net Economic Interest Letter means each letter relating to the retention of net economic interest in substantially the form of Exhibit G hereto, from the Retention Provider and addressed to each Lender and the Facility Agent.
Retention of Net Economic Interest Letter. The letter relating to the retention of net economic interest in accordance with the EU Securitization Laws, dated as of the Closing Date and addressed by the EU Retention Holder and the Depositor to the Issuer, the Collateral Agent and the Placement Agent.

Examples of Retention of Net Economic Interest Letter in a sentence

  • Each representation of the Transferor in the Retention of Net Economic Interest Letter is true and correct and the Transferor is not in breach of any of its obligations under the Retention of Net Economic Interest Letter.

  • The Retention Holder shall perform its obligations under the Retention of Net Economic Interest Letter and, upon a Responsible Officer of the Retention Holder becoming aware thereof, shall promptly notify the Issuer of any breach of a representation, warranty or agreement contained in the Retention of Net Economic Interest Letter.

  • The Transferor shall perform its obligations under the Retention of Net Economic Interest Letter and, upon a Responsible Officer of the Transferor becoming aware thereof, shall promptly notify the Issuer of any breach of a representation, warranty or agreement contained in the Retention of Net Economic Interest Letter.

  • Each representation of the Retention Holder in the Retention of Net Economic Interest Letter is true and correct and the Retention Holder is not in breach of any of its obligations under the Retention of Net Economic Interest Letter.

  • An interest in the first loss tranche within the meaning of paragraph (d) of Article 6(3) of the Securitization Regulation as in effect as of the Closing Date, by way of holding, subject to the provisions of the Retention of Net Economic Interest Letter, the minimum amount of Preferred Shares currently required by the applicable EU Securitization Laws.

  • Each representation of the Depositor in the Retention of Net Economic Interest Letter is true and correct and the Depositor is not in breach of any of its obligations under the Retention of Net Economic Interest Letter.

  • A Retention of Net Economic Interest Letter, substantially in the form of Exhibit H hereto.

  • The Depositor shall perform its obligations under the Retention of Net Economic Interest Letter and shall promptly notify the Issuer of any breach of a representation, warranty or agreement contained in the Retention of Net Economic Interest Letter.

  • The Transferor shall perform its obligations under the Retention of Net Economic Interest Letter and shall promptly notify the Issuer of any breach of a representation, warranty or agreement contained in the Retention of Net Economic Interest Letter.

  • A failure of the Retention Provider to retain the Retention Interest as required by the Retention of Net Economic Interest Letter.


More Definitions of Retention of Net Economic Interest Letter

Retention of Net Economic Interest Letter means each letter relating to the retention of net economic interest in substantially the form of
Retention of Net Economic Interest Letter means each letter relating to the retention of net economic interest in substantially the form of E xhibit G hereto, from the Retention Provider and addressed to each Lender and the Facility Agent.
Retention of Net Economic Interest Letter means a letter, dated as of the Effective Date and as amended, restated, supplemented, updated or otherwise modified from time to time, relating to the retention of net economic interest, in substantially the form of Exhibit H hereto (relating to the Retention Requirement Laws), from the Retention Provider and addressed to the Borrower, the Administrative Agent and any Affected Lender.

Related to Retention of Net Economic Interest Letter

  • Combined state and local revenue per membership pupil means the district’s combined state and local revenue divided by the district’s membership excluding special education pupils.

  • Tax Matters Agreement means the Tax Matters Agreement to be entered into by and between Parent and SpinCo or any members of their respective Groups in connection with the Separation, the Distribution or the other transactions contemplated by this Agreement, as it may be amended from time to time.

  • Allocation Agreement means the agreement (cfr. Allocation Agreement Form as published on the Fluxys Belgium website) entered into by the TSO, the Network User and the End User and other Network Users, if any, in respect of allocation of quantities taken off or injected by one or more Network Users, at the End User Domestic Point.

  • Regional economic integration organization means an organization constituted by sovereign States of a given region to which its member States have transferred competence in respect of matters governed by this Convention and which has been duly authorized, in accordance with its internal procedures, to sign, ratify, accept, approve or accede to this Convention;

  • Distribution Agreement has the meaning set forth in the recitals to this Agreement.

  • Employee Matters Agreement means the Employee Matters Agreement to be entered into by and between Parent and SpinCo or the members of their respective Groups in connection with the Separation, the Distribution or the other transactions contemplated by this Agreement, as it may be amended from time to time.

  • Contribution Agreements has the meaning set forth in the Recitals.

  • Public-private partnership agreement means an agreement

  • Contribution Agreement means that certain Contribution and Conveyance Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Partnership and certain other parties, together with the additional conveyance documents and instruments contemplated or referenced thereunder, as such may be amended, supplemented or restated from time to time.