Transparency RTS definition

Transparency RTS means regulatory technical standards in relation to Article 7(3) of the Securitisation Regulation relating to transparency to be adopted by the European Commission.
Sample 1Sample 2Sample 3
Transparency RTS means regulatory technical standards in relation to Article 7(3) of the Securitisation Regulation relating to transparency to be adopted by the European Commission.• The definitions of “AIFMD Retention Requirements”, “CRR Retention Requirements”, “Final RTS”, “Solvency II Level 2 Regulation” and “Solvency II Retention Requirements” are deleted from Condition 1 (Definitions). • A new Condition 2(o) (Modifications) is added as follows: (o) Modifications For the purpose of Conditions 14(c)(xiii) (Modification and Waiver), the Noteholders of the Refinancing Notes which are Class A Notes (being the Controlling Class) issued pursuant to the Refinancing on the Refinancing Date have consented (deemed to have been acting by way of an Ordinary Resolution), by their subscription for such Class A Notes on the Refinancing Date, to the modification of the Weighted Average Life Test and the Eligibility Criteria, as contemplated in the Deed of Supplement, Amendment and Restatement. • Condition 4(a)(ix) (Security) is amended by adding the words “, the 2019 Subscription Agreement” immediately following the words “the Placement Agency Agreement”. • The following new limb (i)(H) is added to Condition 5(a) (Covenants of the Issuer), and original limbs (i)(H) and (i)(I) are re-numbered as limbs (i)(I) and (i)(J) respectively: (H) under the 2019 Risk Retention Letter; • The following additional limb (xv) is added to Condition 5(a) (Covenants of the Issuer): (xv) promptly notify the Arranger, the Trustee, each Hedge Counterparty, the Collateral Manager, the Collateral Administrator, the Rating Agencies and the Noteholders upon becoming aware of the occurrence of any of the events specified in Article 7(1)(f) or (g) of the Securitisation Regulation and without delay ensure that such information is made available as required by the EU Disclosure Requirements. • Conditions 6(e)(i)(A)(1) and 6(e)(i)(B)(1) (Interest on the Rated Notes) are deleted and replaced with “[Paragraph not used]”. • Condition 6(e)(i)(D) (Floating Rate of Interest) is deleted and replaced with the following:
Sample 1
Transparency RTS means Commission Delegated Regulation (EU) 2020/1224 of 16 October 2019 supplementing Regulation (EU) 2017/2402 of the European Parliament and of the Council with regard to regulatory technical standards specifying the information and the details of a securitisation to be made available by the originator, sponsor and securitisation special purposes entity.”• The definition of “Transparency RTS Reporting Effective Date” is deleted in its entirety.• Each reference to the “Agency and Account Bank Agreement” that appears in the Conditions shall be deemed to be replaced by a reference to the Agency and Account Bank Agreement as amended by the Amendment Deed.• Each reference to the “Collateral Management and Administration Agreement” that appears in the Conditions shall be deemed to be replaced by a reference to the Collateral Management and Administration Agreement as amended and restated by the Amendment Deed.• Each reference to the “Trust Deed” that appears in the Conditions and the Transaction Documents shal be deemed to be replaced by a reference to the Trust Deed as further supplemented by the Supplemental Trust Deed and a reference to the Irish Security Deed as the context requires.• A new Condition 2(n) (Consent to Modifications) is inserted as follows:
Sample 1

Examples of Transparency RTS in a sentence

  • Pursuant to the Collateral Management Agreement, as soon as reasonably practicable following the finalisation of the Transparency RTS and, if possible, prior to the Securitisation Regulation Reporting Effective Date, the Issuer and the Collateral Manager shall propose in writing to the Collateral Administrator, the form, timing, frequency of distribution, method of distribution and content of the reporting related to the requirements of the Transparency RTS.

  • As soon as reasonably practicable following the finalisation of the Transparency RTS and, if possible, prior to the Securitisation Regulation Reporting Effective Date, the Issuer and the Collateral Manager shall propose in writing tothe Collateral Administrator, the form, timing, frequency of distribution, method of distribution and content of the reporting related to the requirements of the Transparency RTS.

  • Chapter 3: TransparencyRTS 9 Chapter 3: Transparency RTS 9: Draft regulatory technical standards on transparency requirements in respect of bonds, structured finance products, emission allowances and derivatives COMMISSION DELEGATED REGULATION (EU) No …/..


More Definitions of Transparency RTS

Transparency RTS means the Article 7 RTS and the Article 7 ITS.
Sample 1
Transparency RTS means the regulatory technical standards in relation to Article 7(3) of the Securitisation Regulation relating to transparency adopted by the European Commission on 16 October 2019.The following definitions contained in the Conditions, including Condition 1 (Definitions), are amended as follows:(a) The definition of “Accrual Period” is deleted and replaced with the following: “Accrual Period” means:(a) in respect of the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes, the Class F Notes and the Subordinated Notes, the period from (and including) the Original Issue Date to (but excluding) the first Payment Date; and(b) in respect of a Class of Notes that is subject to a Refinancing, the applicable Initial Accrual Period,and thereafter, for each Class of Notes, each successive period from (and including) each Payment Date to (but excluding) the following Payment Date.(b) Paragraph (c)(iv) of the definition of “Administrative Expenses” is deleted and replaced with the following:(iv) to any other Person in respect of any governmental fee or charge (for the avoidance of doubt, excluding any taxes but including any pecuniary sanctions levied on any Person arising under Article32 of the Securitisation Regulation or any national laws or regulations supplementing or implementing the Securitisation Regulation in relation to a failure to meet the EU Transparency Requirements, provided that in the case of the Collateral Manager only such sanctions have not been imposed as a result of a Collateral Manager Breach) or any statutory indemnity;(c) Paragraph (c)(xii) of the definition of “Administrative Expenses” is deleted and replaced with the following:(xii) on a pro rata basis to any Person (including the Collateral Manager, the Retention Holder and any third party appointed by the Issuer to assist with the Issuer’s reporting obligations pursuant to the Securitisation Regulation) in connection with satisfying the Retention Requirements and the EU Transparency Requirements, in each case as applicable to the Issuer only, including any costs or fees related to additional due diligence or reporting requirements; and(d) The definition of “Collateral Management and Administration Agreement” is amended to add the words “as amended and supplemented by the Amendment Deed”.(e) The definition of “Defaulted Obligation” is deleted and replaced with the following:
Sample 1

Related to Transparency RTS

  • Transparency , in relation to a document, means—

  • Transparency Act means the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109-282), as amended by §6202 of Public Law 110-252. The Transparency Act also is referred to as FFATA.

  • Transparency Reports means a report in accordance with Schedule 7 Part 1 (Transparency Reports) containing the contract information as set out in the table for that Part for publication by the Authority in the interests of transparency.

  • Transparency Information means the content of this Contract in its entirety, including from time to time agreed changes to the Contract, and details of any payments made by the Authority to the Contractor under the Contract;

  • Transparent copy of the Document means a machine-readable copy, represented in a format whose specification is available to the general public, that is suitable for revising the document straightforwardly with generic text editors or (for images com- posed of pixels) generic paint programs or (for drawings) some widely available drawing editor, and that is suitable for input to text formatters or for automatic translation to a variety of formats suitable for input to text formatters. A copy made in an otherwise Transparent file format whose markup, or absence of markup, has been arranged to thwart or discourage subsequent modification by readers is not Transparent. An image format is not Transparent if used for any substantial amount of text. A copy that is not “Transparent” is called “Opaque”.

  • Portability means transfer by an individual health insurance policyholder (including family cover) of the credit gained for pre-existing conditions and time-bound exclusions if he/she chooses to switch from one insurer to another.

  • Local Number Portability (LNP) means the ability of users of Telecommunications Services to retain the presence of a previously existing telephone number(s).

  • Mobile crisis outreach team means a crisis intervention service for minors or families of minors experiencing behavioral health or psychiatric emergencies.

  • Violent crime means a forcible felony, as defined in Iowa Code section 702.11, and includes any other felony or aggravated misdemeanor which involved the actual or threatened infliction of physical or emotional injury on one or more persons.

  • Local Number Portability (“LNP”) means the ability of users of Telecommunications Services to retain, at the same location, existing telecommunications numbers without impairment of quality, reliability, or convenience when switching from one Telecommunications Carrier to another.

  • Service Management System (SMS) means an off-line system used to access, create, modify, or update information in a Database.

  • Trading and Settlement Code or “TSC” means the Single Electricity Market Trading and Settlement Code or any replacement thereof which sets out the rules for trading in electricity and settling energy imbalances and the responsibilities of parties to the code;

  • freezing of economic resources means preventing the use of economic resources to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them;

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Automated data acquisition and handling system or "DAHS" means that component of the continuous emission monitoring system, or other emissions monitoring system approved for use under section 11 of this rule, designed to interpret and convert individual output signals from pollutant concentration monitors, flow monitors, diluent gas monitors, and other component parts of the monitoring system to produce a continuous record of the measured parameters in the measurement units required by section 11 of this rule.

  • quality (functionality means the totality of features and characteristics of a product or service that bear on its ability to satisfy stated or implied needs F.1.4 Communication and employer’s agentEach communication between the employer and a tenderer shall be to or from the employer's agent only, and in a form that can be read, copied and recorded. Writing shall be in the English language. The employer shall not take any responsibility for non-receipt of communications from or by a tenderer. The name and contact details of the employer’s agent are stated in the tender data. F.1.5 The employer’s right to accept or reject any tender offer F.1.5.1 The employer may accept or reject any variation, deviation, tender offer, or alternative tender offer, and may cancel the tender process and reject all tender offers at any time before the formation of a contract. The employer shall not accept or incur any liability to a tenderer for such cancellation and rejection, but will give written reasons for such action upon written request to do so. F.1.5.2 The employer may not subsequent to the cancellation or abandonment of a tender process or the rejection of all responsive tender offers re-issue a tender covering substantially the same scope of work within a period of six months unless only one tender was received and such tender was returned unopened to the tenderer. F.2 Tenderer’s obligations F.2.1 EligibilitySubmit a tender offer only if the tenderer satisfies the criteria stated in the tender data and the tenderer, or any of his principals, is not under any restriction to do business with employer. F.2.2 Cost of tenderingAccept that the employer will not compensate the tenderer for any costs incurred in the preparation and submission of a tender offer, including the costs of any testing necessary to demonstrate that aspects of the offer satisfy requirements. F.2.3 Check documentsCheck the tender documents on receipt for completeness and notify the employer of any discrepancy or omission. F.2.4 Confidentiality and copyright of documentsTreat as confidential all matters arising in connection with the tender. Use and copy the documents issued by the employer only for the purpose of preparing and submitting a tender offer in response to the invitation. F.2.5 Reference documentsObtain, as necessary for submitting a tender offer, copies of the latest versions of standards, specifications, conditions of contract and other publications, which are not attached but which are incorporated into the tender documents by reference. F.2.6 Acknowledge addendaAcknowledge receipt of addenda to the tender documents, which the employer may issue, and if necessary apply for an extension to the closing time stated in the tender data, in order to take the addenda into account. F.2.7 Clarification meetingAttend, where required, a clarification meeting at which tenderers may familiarize themselves with aspects of the proposed work, services or supply and raise questions. Details of the meeting(s) are stated in the tender data. F.2.8 Seek clarificationRequest clarification of the tender documents, if necessary, by notifying the employer at least five working days before the closing time stated in the tender data. F.2.9 InsuranceBe aware that the extent of insurance to be provided by the employer (if any) might not be for the full cover required in terms of the conditions of contract identified in the contract data. The tenderer is advised to seek qualified advice regarding insurance. F.2.10 Pricing the tender offer F.2.10.1 Include in the rates, prices, and the tendered total of the prices (if any) all duties, taxes (except Value Added Tax (VAT), and other levies payable by the successful tenderer, such duties, taxes and levies being those applicable 14 days before the closing time stated in the tender data. F2.10.2 Show VAT payable by the employer separately as an addition to the tendered total of the prices.

  • Number Portability is As Defined in the Act.

  • Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017;

  • External Verifier means a qualified provider of third-party assurance or attestation services appointed by the Guarantor to review the Guarantor's statement of the Sustainability Performance Targets.

  • Automated driving system means the same as that term is defined in Section 41-26-102.1.

  • Ancillary crime or "ancillary charge" means any delinquent act committed by a juvenile as a part

  • Electronic nicotine delivery system or “(ENDS)” means any device that delivers a vaporized solution (including nicotine, THC, or any other substance) by means of cartridge or other chemical delivery systems. Such definition shall include, but may not be limited to, any electronic cigarette, vape pen, hookah pen, cigar, cigarillo, pipe, or personal vaporizer. ENDS are not FDA-approved nicotine replacement therapy devices.

  • Criminal justice information system means a system including the equipment, facilities, procedures,

  • Disaster Management Act means the Disaster Management Act, 2002 (Act No.57 of 2002)

  • ERCOT Protocols means the document adopted by ERCOT, including any attachments or exhibits referenced in that document, as amended from time to time, that contains the scheduling, operating, planning, reliability, and Settlement (including Customer registration) policies, rules, guidelines, procedures, standards, and criteria of ERCOT. For the purposes of determining responsibilities and rights at a given time, the ERCOT Protocols, as amended in accordance with the change procedure(s) described in the ERCOT Protocols, in effect at the time of the performance or non-performance of an action, shall govern with respect to that action.