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.