Risk Retention Rule definition

Risk Retention Rule. Regulation RR, 12 C.F.R. Part 244.
Sample 1Sample 2Sample 3

Examples of Risk Retention Rule in a sentence

  • Under the Risk Retention Rule, any Third Party Purchaser is prohibited from being Risk Retention Affiliated with, among other persons, the Master Servicer, the Trustee, the Certificate Administrator, the Operating Advisor or the Asset Representations Reviewer.

  • In addition, the Master Servicer shall terminate any rights the Primary Servicer may have hereunder with respect to the Mortgage Loans if at any time the Primary Servicer is an “affiliate” (as defined in the Risk Retention Rule) of the Third Party Purchaser and the Primary Servicer is a servicer as contemplated by Item 1108(a)(2) of Regulation AB pursuant to Section 3.20 of the Pooling and Servicing Agreement.

  • The Depositor has entered into an agreement with LCM (in such capacity, the “Retaining Sponsor”), JPMCB, GSMC and GACC, pursuant to which agreement the Retaining Sponsor will satisfy its risk retention requirements under the Risk Retention Rule, through the purchase of an “eligible horizontal residual interest” (as defined in the Risk Retention Rule) by the Retaining Sponsor or its “majority-owned affiliate” (as defined in the Risk Retention Rule).

  • The Depositor has entered into an agreement with GACC (in such capacity, the “Retaining Sponsor”), pursuant to which agreement the Retaining Sponsor will satisfy its risk retention requirements under the Risk Retention Rule, through the purchase of an “eligible vertical interest” (as defined in the Risk Retention Rule) by the Retaining Sponsor or its “majority-owned affiliate” (as defined in the Risk Retention Rule).

  • The Depositor has entered into an agreement with LCM (in such capacity, the “Retaining Sponsor”), JPMCB, and GACC, pursuant to which agreement the Retaining Sponsor will satisfy its risk retention requirements under the Risk Retention Rule, through the purchase of an “eligible horizontal residual interest” (as defined in the Risk Retention Rule) by the Retaining Sponsor or its “majority-owned affiliate” (as defined in the Risk Retention Rule).

  • The Depositor has entered into an agreement with LCM (in such capacity, the “Retaining Sponsor”) and JPMCB, pursuant to which agreement the Retaining Sponsor will satisfy its risk retention requirements under the Risk Retention Rule, through the purchase of an “eligible horizontal residual interest” (as defined in the Risk Retention Rule) by the Retaining Sponsor or its “majority-owned affiliate” (as defined in the Risk Retention Rule).

  • The Depositor has entered into an agreement with LCM (in such capacity, the “Retaining Sponsor”), pursuant to which agreement the Retaining Sponsor will satisfy its risk retention requirements under the Risk Retention Rule, through the purchase of an “eligible horizontal residual interest” (as defined in the Risk Retention Rule) by the Retaining Sponsor or its “majority-owned affiliate” (as defined in the Risk Retention Rule).

Related to Risk Retention Rule

  • 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.

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

  • Common Rule means the "Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments; Final Rule" originally issued at 53 FR 8034-8103 (March 11, 1988). Other common rules will be referred to by their specific titles.

  • Auction Rules means the West Bengal Minor Mineral (Auction) Rules, 2016.

  • Risk Retention Letter As described in the Offering Circular, that certain letter agreement entered into by Xxxxxxx Mac, dated as of the Closing Date.

  • Accretion Direction Rule Not applicable.

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

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

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

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

  • Investment Policy means the investment policy from time to time determined by the Commission under the Rules;

  • Business Continuity Plan means any plan prepared pursuant to clause H5.6, as may be amended from time to time.

  • Procurement Policy means ADB’s Procurement Policy - Goods, Works, Nonconsulting and Consulting Services (2017, as amended from time to time);

  • Risk Retention Consultation Party means each risk retention consultation party appointed pursuant to the Lead Securitization Servicing Agreement.

  • Risk Management Policy means the Risk Management Policy of the Borrower in effect on the date of this Agreement as amended from time to time.

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • Group Policy /”policy” means the breakdown policy as set out in this document;