EU Risk Retention Requirement definition

EU Risk Retention Requirement means Article 6 of the Securitisation Regulation (together with any delegated regulations, applicable guidance, regulatory technical standards, or implementing technical standards made thereunder).
EU Risk Retention Requirement means the risk retention requirement under Article 6(1) of the EU Securitization Regulation.
EU Risk Retention Requirement means Article 6 of the Securitisation Regulation (together with any delegated regulations, applicable guidance, regulatory technical standards, or implementing technical standards made thereunder, together with Chapters I, II and III and Article 22 of Delegated Regulation (EU) No 625/2014 where such provisions are applicable pursuant to the transitional provisions in Article 43(7) of the Securitisation Regulation).

Examples of EU Risk Retention Requirement in a sentence

  • In exercising its rights pursuant to such financing arrangements, the lender would not be required to take into account the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules and any such enforcement action may therefore cause the transaction described in this Offering Circular to fail to comply with the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.

  • Furthermore, the Issuer may not issue further Notes (a) without the Originator consenting to such issuance and(b) to the extent any such issuance would result in non-compliance with the EU Risk Retention Requirement or the U.S. Risk Retention Rules, as the case may be.

  • The Issuer’s ability to issue additional notes may be impaired or limited as a result of the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.

  • If the Retention Holder is a borrower in connection with any such financing arrangements, none of the Issuer, the Initial Purchaser, the Arranger, the Co-Placement Agents, the Collateral Manager, the Originator, the Retention Holder, the Trustee, the Agents nor any of their affiliates makes any representation, warranty or guarantee that such financing arrangements will comply with the EU Risk Retention Requirement and/or the U.S. Risk Retention Rules.

  • Restrictions on the Discretion of the Collateral Manager in Order to Comply with the EU Risk Retention Requirement and the U.S. Risk Retention RulesThe aim behind the relevant retention requirements described in “ EU Securitisation Regulation” above is that affected investors should only invest in securitisations where the originator, sponsor or original lender for the securitisation has explicitly disclosed that it will retain, on an ongoing basis, a net economic interest of not less than five per cent.


More Definitions of EU Risk Retention Requirement

EU Risk Retention Requirement means Article 6 of the Securitisation Regulation (together with any delegated regulations, applicable guidance, regulatory technical standards, or implementing technical standards made thereunder, together with Chapters I, II and III and Article 22 of Delegated Regulation (EU) No 625/2014 where such provisions are applicable pursuant to the transitional provisions in Article 43(7) of the Securitisation Regulation). USActive 53852035.1153852035.14.docx -23-

Related to EU Risk Retention Requirement

  • 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.

  • Data Protection Requirements means all Requirements of Law, to the extent applicable to the items and services provided by the Borrower and each Restricted Subsidiary, relating to the privacy and security of information technology assets and equipment, computers, systems, networks, hardware, software, websites, applications, and databases and personal, personally identifiable, sensitive, confidential or regulated data and, in each case, to the protection thereof from unauthorized use, access, misappropriation or modification.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

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

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Margin Requirement means the amount of money and/ or assets that the Client is required to deposit and/ or hold with the Firm as consideration for entering into a Transaction and/ or maintaining an Open Position on its Account;

  • Reporting Requirements As defined in Section 11.12.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

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