Risk Retention Issuance definition

Risk Retention Issuance. An additional issuance of Notes directed by the Collateral Manager for purpose of compliance with the U.S. Risk Retention Rules.
Risk Retention Issuance. The meaning specified in Section 2.13(a).
Risk Retention Issuance. An additional issuance of Notes directed by the Collateral Manager in connection with compliance with the U.S. Risk Retention Rules or the EU Securitisation Laws.

Examples of Risk Retention Issuance in a sentence

  • A certificate of the Collateral Manager consenting to such issuance, and, unless such issuance is a Risk Retention Issuance, satisfactory evidence of the consent of a Majority of the Subordinated Notes to such issuance (which may be in the form of an Officer's certificate of the Issuer).


More Definitions of Risk Retention Issuance

Risk Retention Issuance means an additional issuance of any Class of Notes for purposes of either (i) enabling the Collateral Manager to comply with the U.S. Risk Retention Rules (to the extent applicable, as determined by the Collateral Manager in its sole discretion and, if applicable, using any method the Collateral Manager has elected to comply with the U.S. Risk Retention Rules, as determined by the Collateral Manager in its sole discretion, including, without limitation, by retaining an "eligible horizontal residual interest", "eligible vertical interest" or a combination thereof) based upon advice received by the Collateral Manager from a nationally recognized counsel experienced in such matters or (ii) curing an EU Retention Deficiency.
Risk Retention Issuance. An additional issuance of Debt directed by the Collateral Manager in connection with a Refinancing or a Re-Pricing and for purpose of compliance with the U.S. Risk Retention Rules and/or the E.U. Securitization Laws and the U.K. Securitization Laws.
Risk Retention Issuance. An additional issuance of any Class of Notes for purposes of enabling the EU/UK Retention Holder to comply with the requirement to hold the EU/UK Retention Interest, including to cure a Retention Deficiency or to comply with the U.S. Risk Retention Rules, if applicable, using any method the EU/UK Retention Holder has elected, as determined by the EU/UK Retention Holder, in consultation with the Collateral Manager and based upon advice received by the EU/UK Retention Holder and/or the Collateral Manager from a nationally recognized counsel experienced in such matters.
Risk Retention Issuance means an issuance of Notes to the Sponsor, the Retention Holder, a “majority-owned affiliate” (or other term having similar meaning, in each case, as defined in the
Risk Retention Issuance. An additional issuance of Notes directed by the Collateral Manager solely for the purpose of compliance with the U.S. Risk Retention Rules or the retention requirements under the Securitization Regulations. "Risk Retention Letter": The amended and restated letter entered into among the EU/UK Retention Holder, the Issuer, the Initial Purchaser and the Collateral Trustee (solely for the benefit of the Affected Investors), dated on the 2024 Closing Date as may be amended or supplemented from time to time. "Rule 144A": Rule 144A, as amended, under the Securities Act. "Rule 144A Global Note": Any Rule 144A Global Secured Note or Rule 144A Global Subordinated Note. "Rule 144A Global Secured Note": The meaning specified in Section 2.2(b)(ii) (Forms of Notes). "Rule 144A Global Subordinated Note": The meaning specified in Section 2.2(b)(ii) (Forms of Notes). "Rule 144A Information": The meaning specified in Section 7.15 (Reporting). "Rule 17g-5": The meaning specified in Section 14.17(a) (17g-5 Information).
Risk Retention Issuance. An additional issuance of Notes solely for the purpose of enabling the Portfolio Manager to comply with the U.S. Risk Retention Rules (whether before or after the effectiveness thereof) or the EU/UK Risk Retention Requirements.
Risk Retention Issuance. An additional issuance of any Class of Notes for purposes of enabling the Collateral Manager or any Affiliate thereof to comply with the U.S. Risk Retention Rules (to the extent applicable, as determined by the Collateral Manager or any Affiliate in their respective sole discretion and, if applicable, using any method the Collateral Manager or such Affiliate has elected to comply with the U.S. Risk Retention Rules, as determined by the Collateral Manager or such Affiliate in their respective sole discretion, including, without limitation, by retaining an “eligible horizontal residual interest”, “eligible vertical interest” or a combination thereof) based upon advice received by the Collateral Manager or any Affiliate thereof from nationally recognized counsel experienced in such matters.