Retention Rules definition

Retention Rules means, together, articles from 404 to 409 of the CRR, articles from 50 to 56 of the AIFMR, article 254 of the Solvency II Regulation, articles 6 and 7 of the Securitisation Regulation, the Circular No. 285 of 17 December 2013 ("Disposizioni di Vigilanza per le Banche") as amended from time to time, issued by the Bank of Italy, together with any 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 in connection thereof and any other laws or regulations providing for retention and due diligence requirements in respect of securitisation transactions, as from to time applicable and/or amended or supplemented. The method applied by IBL Banca for retaining a net economic interest in each Transaction carried out under the Programme as at the relevant Issue Date of the Notes of each Series (as specified in the Final Terms applicable to such Notes) will be compliant with the Retention Rules. In the Programme Intercreditor Agreement, IBL Banca, in its capacity as Originator, has undertaken to the Issuer and the Representative of the Noteholders that, in respect of any Transaction and any Series of Notes issued under the Programme:
Retention Rules means, together, the Article 122a, articles from 404 to 409 of the CRR, articles from 50 to 56 of the AIFMR, the Circular No. 285 of 17 December 2013 (“Disposizioni di Vigilanza per le Banche”) as amended from time to time, issued by the Bank of Italy, together with any 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 in connection thereof and any other laws or regulations providing for retention and due diligence requirements in respect of securitisation transactions, as from to time applicable and/or amended or supplemented. In the Intercreditor Agreement, RCI Banque Italy, in its capacity as Originator, has undertaken to the Issuer and the Representative of the Noteholders that:
Retention Rules. The federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246.

Examples of Retention Rules in a sentence

  • However, Santander Consumer has not transferred or hedged the Retained Interest except as permitted under Regulation RR and the EU Retention Rules.

  • The portion of the Certificates being retained to satisfy the requirements of Regulation RR and the EU Retention Rules is referred to herein as the “Retained Interest.” As of the last day of the period covered by this report the depositor or another wholly-owned special purpose subsidiary of Santander Consumer continues to retain the Retained Interest in accordance with Regulation RR and Santander Consumer continues to hold indirectly the Retained Interest for purposes of the EU Retention Rules.

  • However, Santander Consumer has not transferred or hedged the Retained Interest except as permitted under Regulation RR and those EU Due Diligence and Retention Rules.

  • Santander Consumer has not changed the manner in which it retains the Retained Interest, except in accordance with Regulation RR and those EU Due Diligence and Retention Rules.

  • Santander Consumer has not changed the manner in which it retains the Retained Interest, except in accordance with Regulation RR and the EU Retention Rules.

  • The Noteholders acknowledge that the Lead Securitization Servicing Agreement may contain certain provisions that give the Operating Advisor certain non-binding consultation rights with respect to Major Decisions related to compliance with the Risk Retention Rules applicable to the Lead Securitization.

  • The portion of the Certificates being retained to satisfy the requirements of Regulation RR and the EU Retention Rules is referred to herein as the “Retained Interest.” As of the last day of the period covered by this report the depositor or another wholly-owned special purpose subsidiary of Santander Consumer continues to retain the Retained Interest in accordance with Regulation RR and the EU Retention Rules.

  • The Indenture Trustee will not have any obligation or responsibility to monitor or enforce the Sponsor’s compliance with any risk retention requirements under the U.S. Credit Risk Retention Rules or other rules or regulations relating to risk retention.

  • Santander Consumer has not changed the manner in which it retains the Retained Interest, except in accordance with Regulation RR and those EU Retention Rules.

  • The U.S. Risk Retention Rules also provide for certain exemptions from the risk retention obligation that they generally impose.


More Definitions of Retention Rules

Retention Rules. “Expenses” shall have the meaning set forth in Section 10(b).

Related to Retention Rules

  • EU Retention Rules means: (i) Articles 404 – 410 (inclusive) of CRR; (ii) Articles 50 – 56 (inclusive) of the AIFM Regulation; and (iii) Articles 254 – 257 (inclusive) of the Solvency II Regulation, each as in effect as of the date hereof, together with any guidance published in relation thereto including any regulatory and/or implementing technical standards in effect as of the date hereof.

  • 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.

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

  • Arbitration Rules means the AAA’s Commercial Arbitration Rules and Mediation Procedures.

  • Mediation Rules As defined in Section 2.03(h)(i).

  • Auction Rules means the Mineral (Auction) Rules, 2015 and its subsequent amendments.

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

  • UNCITRAL Arbitration Rules means the arbitration rules of the United Nations Commission on International Trade Law.

  • JAMS Rules has the meaning assigned thereto in Section 13 hereof.

  • Model Rules means the State of Oregon’s Attorney General’s model rules of procedure for Public Contracting, which are set forth in OAR Chapter 137, divisions 46, 47, 48, and 49, and required under ORS 279A.065.

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • EU Securitization Rules means the EU Securitization Regulation, together with any relevant regulatory and/or implementing technical standards adopted by the European Commission in relation thereto, any relevant regulatory and/or implementing technical standards applicable in relation thereto pursuant to any transitional arrangements made pursuant to the EU Securitization Regulation, and, in each case, any relevant guidance published in relation thereto by the European Banking Authority or the European Securities and Markets Authority (or, in either case, any predecessor authority) or by the European Commission.

  • Breach Notification Rule means the HIPAA Regulation that is codified at 45 C.F.R. Parts 160 and 164, Subparts A and D.

  • PPB Rules means the rules of the Procurement Policy Board as set forth in Title 9 of the Rules of the City of New York (“RCNY”), § 1-01 et seq.

  • Accretion Direction Rule Not applicable.

  • Evaluation rubric means a set of criteria, measures, and processes used to evaluate all teaching staff members in a specific school district or local education agency. Evaluation rubrics consist of measures of professional practice, based on educator practice instruments and student outcomes. Each Board of Education will have an evaluation rubric specifically for teachers, another specifically for Principals, Vice Principals, and Assistant Principals, and evaluation rubrics for other categories of teaching staff members.

  • M&A Rules means the Provisions on Merging and Acquiring Domestic Enterprises by Foreign Investors, which was promulgated by six Governmental Agencies, namely, the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission, the State Administration for Taxation, the State Administration for Industry and Commerce, the China Securities Regulatory Commission (the “CSRC”), and the State Administration of Foreign Exchange, on August 8, 2006 and became effective on September 8, 2006, as amended by the Ministry of Commerce on June 22, 2009.

  • School Rules means the rules of the School, a copy of the current version of which is provided to each child on entry and is sent to parents with the letter offering a place at the School, as those rules may be amended from time to time for legal, safety or other substantive reasons or in order to assist the proper administration of the School. Parents will be given notice of such amendments;

  • HKIAC Rules shall have the meaning ascribed to it in Section 10.13(a).

  • PRA Rules means the Rules included within the PRA handbook issued by the PRA.

  • FSA Rules meanss the rules, guidance, principles and codes comprised in the Handbook of Rules and Guidance issued by the FSA.

  • JAMS means JAMS, Inc. or its successor entity, a judicial arbitration and mediation service.

  • Park Rules means the rules of conduct and practice issued by us from time to time and applicable to the use of the Caravan and other facilities at the Park. A copy of the Park Rules in force at the date of this Licence Agreement is attached.

  • CPR Rules has the meaning set forth in Section 10.3(a).

  • ISO-NE Rules means all rules and procedures adopted by NEPOOL, ISO-NE, or the RTO, and governing wholesale power markets and transmission in New England, as such rules may be amended from time to time, including but not limited to, the ISO-NE Tariff, the ISO-NE Operating Procedures (as defined in the ISO-NE Tariff), the ISO-NE Planning Procedures (as defined in the ISO-NE Tariff), the Transmission Operating Agreement (as defined in the ISO-NE Tariff), the Participants Agreement, the manuals, procedures and business process documents published by ISO-NE via its web site and/or by its e-mail distribution to appropriate NEPOOL participants and/or NEPOOL committees, as amended, superseded or restated from time to time.

  • HIPAA Rules means the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.