Risk Retention Period definition

Risk Retention Period. The period from the Closing Date until the date on which the Credit Risk Retention Rules have been officially repealed or abolished in their entirety or officially determined by the relevant regulatory agencies to be no longer applicable to the transaction or the RR Interest.
Risk Retention Period shall have the meaning ascribed to it in the applicable Indenture Supplement.
Risk Retention Period means, with respect to the Series 2018 Notes, the later of (i) the second anniversary of the Closing Date and (ii) the date on which the aggregate Note Principal Balance of the Series 2018 Notes has been reduced to 33% or less of the aggregate Note Principal Balance of the Series 2018 Notes on the Closing Date; provided that the Risk Retention Period will end at any earlier time that Crown International is no longer required by the Risk Retention Rules to retain an economic interest in the credit risk of the Series 2018 Notes.

Examples of Risk Retention Period in a sentence

  • During the Risk Retention Period, the Certificate Administrator shall hold the RR Interest in safekeeping and shall release the same only upon receipt of written instructions in accordance with Section 5.1(e), and in accordance with any authentication procedures as may be utilized by the Certificate Administrator and in accordance with this Agreement.

  • Xxxxxxxx Xxxxxx Xxxxxxxxxxx, Xxxxxxxxx 00000 On the Closing Date, and upon completion of each transfer of the RR Interest during the Risk Retention Period, the Certificate Administrator shall deliver written confirmation to the Depositor, the Retaining Sponsor and the holder of the RR Interest substantially in the form of Exhibit N to this Agreement evidencing its receipt of the RR Interest.

  • During the Risk Retention Period and for such time as the Holder of the RR Interest may request, the Certificate Administrator shall hold the Definitive Certificate representing the RR Interest at the below location, or any other location; provided the Certificate Administrator has given notice to the Holder of the RR Interest of such new location: Computershare Trust Company, National Association Attn: Security Control and Transfer (SCAT) 000 X.

  • The RR Interest shall be issued in minimum denominations of $100,000 and integral multiples of $1 in excess thereof; provided, however, that at all times during the Risk Retention Period, the RR Interest shall be issued only as two Definitive Certificates collectively representing 100% of the RR Interest.

  • Xxxxxxxx Xxxxxx Xxxxxxxxxxx, Xxxxxxxxx 00000 On the Closing Date, and upon completion of each transfer of the RR Interests during the Risk Retention Period, the Certificate Administrator shall deliver written confirmation to the Depositor, the Retaining Sponsor and the Holders of the RR Interests substantially in the form of Exhibit M-8 to this Agreement evidencing its receipt of the RR Interests.

  • During the Risk Retention Period, the Certificate Administrator shall hold the RR Interests in safekeeping and shall release the same only upon receipt of written instructions in accordance with Section 5.1(e), and in accordance with any authentication procedures as may be utilized by the Certificate Administrator and in accordance with this Agreement.

  • During the Risk Retention Period and for such time as the Holder of the Certificated RR Interest may request, the Certificate Administrator shall hold the Definitive Certificates representing the RR Interests at the below location, or any other location; provided the Certificate Administrator has given notice to the Holders of the RR Interests of such new location: Xxxxx Fargo Bank NA Attn: Security Control and Transfer (SCAT) – MAC N9345-010 000 X.

  • The RR Interest shall be issued in minimum denominations of $1.00 and integral multiples of $0.01 in excess of $1.00; provided, however, that at all times during the Risk Retention Period, the Certificated RR Interest shall be issued only as one Definitive Certificate representing 100% of the Certificated RR Interest.

  • During the Risk Retention Period and for such time as the Holder of the Certificated RR Interest may request, the Certificate Administrator shall hold the Definitive Certificate representing the RR Interest at the below location, or any other location; provided the Certificate Administrator has given notice to the Holder of the RR Interest of such new location: Xxxxx Fargo Bank, NA Attention: Security Control and Transfer (SCAT) – MAC N9345-010 000 X.

  • Prior to the end of the Risk Retention Period, the Series 2018-1, Class R-2028 Notes may not be prepaid, canceled or otherwise retired.


More Definitions of Risk Retention Period

Risk Retention Period shall have the meaning set forth in Section 6.9.
Risk Retention Period. A period that will commence on and include the Closing Date and will end on the date that is the latest of: (i) the date on which the total unpaid principal balance of the securitized assets that collateralize the securitization transaction has been reduced to 33% of the total unpaid principal balance of the securitized assets as of the closing of the securitization transaction; (ii) the date on which the total unpaid principal obligations under the asset-backed securities issued in the securitization transaction has been reduced to 33% of the total unpaid principal obligations of the asset-backed securities at closing of the securitization transaction; and (iii) two years after the closing date of the securitization transaction.

Related to Risk Retention Period

  • Retention Period means the time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Transition Date means the date on which this contract comes into effect for all purposes.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Agreement Termination Date is defined in Section 7.4.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Consulting Period has the meaning assigned thereto in Section 14(f) hereof.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Start-up period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.