Retention Requirement Laws means (i) Articles 404-410 of the CRR, Commission Delegated Regulation (EU) No 625/2014 of 13 March 2014 and Commission Delegated Regulation (EU) No 602/2014 of 4 June 2014; (ii) Article 17 of the European Union Alternative Investment Fund Managers Directive (Directive 2011/61/EU), as supplemented by Section 5 of Chapter III of AIFMR; (iii) any draft or final guidance and technical standards published in relation thereto from time to time by the European Banking Authority (including any successor or replacement agency or authority) and/or the European Commission; and (iv) the guidelines and related documents previously published in relation to the preceding risk retention legislation by the European Banking Authority (and/or its predecessor, the Committee of European Banking Supervisors) which continues to apply to the provisions of Articles 404-410 of the CRR.
Retention Requirement Laws means Article 405(1), the CRR and Article 17, together with the Final Draft RTS and any other applicable guidance, technical standards or related documents published by the European Banking Authority (including its predecessor, the Committee of European Banking Supervisors, and any successor or replacement agency or authority) and any delegated regulations of the European Commission (and in each case including any amendment or successor thereto).
Retention Requirement Laws. The AIFMD Retention Requirement Laws, the CRR Retention Requirement Laws and the Solvency II Retention Requirement Laws.
Examples of Retention Requirement Laws in a sentence
The Issuer agrees that it (and that the Collateral Manager on its behalf) shall not give any instruction to invest such funds other than in accordance with, or subject to an exemption from, applicable Retention Requirement Laws.
Notwithstanding the foregoing, if the Borrower is otherwise in compliance with its covenants and representations in this Agreement with respect to the Retention Requirement Laws, and the reason for the increased cost incurred by an Affected Party pursuant to this Section 2.09 is the negligence or willful failure of such Affected Party or an Affiliate thereof to comply with the Retention Requirement Laws, the Borrower shall not be obligated to compensate such Affected Party for such increased costs.
European Union Regulation 575/2013The meaning specified in the definition of "EU Retention Requirement Laws".
The Issuer agrees that it (and that the Collateral Manager on its behalf) shall not give any instruction to invest such funds other than in accordance with, or subject to an exemption from, applicable EU Retention Requirement Laws.
The AIFMD Retention Requirement Laws, the CRR Retention Requirement Laws and the Solvency II Retention Requirement Laws.
More Definitions of Retention Requirement Laws
Retention Requirement Laws means each of: (a) Articles 404-410 (inclusive) of the CRR, as supplemented by the Final RTS, (b) Article 17 of the AIFMD, as implemented by Section 5 of Chapter III (Articles 50-56) of the AIFMD Level 2 Regulation, (c) Article 135(2) of Solvency II, as implemented by Articles 254 to 257 (inclusive) of the Solvency II Level 2 Regulation, and (d) when and if it becomes applicable to the securitisation transaction contemplated by the Loan Documents, Chapter 2 (Articles 5 through 9) of the Securitisation Regulation, in each case together with any guidelines or other materials published by any of the European Supervisory Authorities (jointly or individually), or the European Central Bank (or any successor or replacement agency or authority) in relation thereto and any related regulatory or implementing technical standards or delegated regulations of the European Commission, as well as any implementing laws or regulations, policies and guidelines in effect and applicable from time to time in any EEA Member Country, and in each case including any amendments, replacements or successors thereto.
Retention Requirement Laws means (i) Articles 404-410 of the CRR, Commission Delegated Regulation (EU) No 625/2014 of 13 March 2014 and Commission Implementing Regulation (EU) No 602/2014 of 4 June 2014; (ii) Article 17 of the European Union Alternative Investment Fund Managers Directive (Directive 2011/61/EU), as supplemented by Section 5 of Chapter III of AIFMR; (iii) Article 135(2) of Directive 2009/138/EC supplementing Articles 254-257 of the Solvency II Regulation; (iv) any draft or final guidance and technical standards published in relation thereto from time to time by the European Banking Authority (including any successor or replacement agency or authority) and/or the European Commission; and (v) the guidelines and related documents previously published in relation to the preceding risk retention legislation by the European Banking Authority (and/or its predecessor, the Committee of European Banking Supervisors) which continues to apply to the provisions of Articles 404- 410 of the CRR.”
Retention Requirement Laws means Article 405(1), the CRR and Article 17, together with the Final Draft RTS and any other applicable guidance, technical standards or related documents published by the European Banking Authority (including any successor or replacement agency or authority) and any delegated regulations of the European Commission (and in each case including any amendment or successor thereto). “Article 405(1)” means Article 405(1) of the CRR. “CRR” means EU Regulation 575/2013 (on prudential requirements for credit institutions and investment firms and amending Regulation (EU) 648/2012). “Final Draft RTS” means the final regulatory technical standards and implementing technical standards on securitisation retention rules published by the EBA pursuant to Articles 410(2) and 410(3) of the CRR. “Article 17” means Article 17 of European Union Directive 2011/61/EU on Alternative Investment Fund Managers. “Affected Lender” means a Lender that is subject to regulation under the Retention Requirement Laws from time to time or party to liquidity or credit support arrangements provided by a financial institution that is subject to such regulation.
Retention Requirement Laws means the Solvency II Level 2 Regulation, the AIFMD Level 2 Regulation and Articles 404-410, together with any applicable guidelines, technical standards and related documents published by the EBA or the European Commission;
Retention Requirement Laws means each of: (a) Articles 404-410 (inclusive) of the CRR, as supplemented by the Final RTS, together with any applicable guidance published in relation thereto by the EBA, and any other regulatory and/or implementing technical standards, (b) Article 51, (c(b) Article 17 of the AIFMD, as implemented by Section 5 of Chapter III (Articles 50-56) of the AIFMD Level 2 Regulation supplementing the AIFMD, and, (dc) Article 135(2) of Solvency II, as implemented by Articles 254 to 257 (inclusive) of the Solvency II Level 2 Regulation, including any guidance published in relation thereto and any implementing laws or regulations in force in any Member State of the European Union, including any further technical standards, any similar or successor laws (including any retention requirements applicable to UCITS funds,and (d) when and if it becomes applicable to the securitisation transaction contemplated by the Loan Documents, Chapter 2 (Articles 5 through 9) of the Securitisation Regulation, in each case together with any guidelines or other materials published by any of the European Supervisory Authorities (jointly or individually), or the European Central Bank (or any successor or replacement agency or authority) in relation thereto and any related regulatory or implementing technical standards or delegated regulations of the European Commission, as well as any implementing laws or regulations, policies and guidelines in effect and applicable from time to time in any EEA Member Country, and in each case including any amendments, replacements or successors thereto.
Retention Requirement Laws. Each of: (a) Articles 404-410, the CRR and the Final RTS, together with any applicable guidance, regulatory technical standards, implementing technical standards or related documents published by any European Supervisory Authority, the European Central Bank (or any successor or replacement agency or authority) and any delegated regulations of the European Commission, (b) Article 51 and Article 17 as implemented by Section 5 of Chapter III of the AIFMD Level 2 Regulation supplementing the AIFMD, the AIFMD and the AIFMD Level 2 Regulation, and (c) Article 254, Solvency II and the Solvency II Level 2 Regulation, in each case including any further technical standards, any similar or successor laws (including any retention requirements applicable to UCITS funds), any implementing laws or regulations in force in any Member State of the European Union, any guidelines or other materials published by the European Supervisory Authorities (jointly or individually) in relation thereto and any delegated regulations of the European Commission (in each case including any amendments, replacements or successors thereto).
Retention Requirement Laws. Collectively, Article 122a, the CRD, Article 405(1) and the CRR, together with any guidelines, technical standards and related documents published in relation thereto by the EBA.