Cap Contracts definition

Cap Contracts means (i) the Cap Contract between the Trustee and the counterparty named thereunder, for the benefit of the Holders of the Class A-1 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group I Cap Contract") and (ii) the Cap Contract between the Trustee and the counterparty thereunder, for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group II Cap Contract").

Cap Contracts. Collectively, the Class A Cap Contract and the Mezzanine Cap Contract.

Cap Contracts means the Group I Cap Contract and the Group II Cap Contract.

Examples of Cap Contracts in a sentence

• Oil and natural gas prices, which are subject to market fluctuations, have declined substantially from historic highs and may not return to those highs in the foreseeable future, if ever.

• The Cap Contracts will be subject to early termination only in limited circumstances.

• The Trust Fund for federal income tax purposes will consist of (i) two real estate mortgage investment conduits, (ii) the right to receive payments distributable to the Class P Certificates pursuant to Section 4.04(b)(i) hereof, (iii) the Cap Contracts and the Cap Contract Account and (iv) the grantor trusts described in Section 2.07 hereof.

• None of the Cap Contracts will be an asset of either REMIC created under the Trust Agreement.

• On the Settlement Date speciÑed above under ""Reference Sheet'' in this prospectus, the Seller will assign to the Trustee, on behalf of the Trust, the Seller's rights under the Cap Contracts.

More Definitions of Cap Contracts

Cap Contracts. The interest rate corridors between Deutsche Bank National Trust Company, as Trustee, and the counterparty thereunder, for the benefit of the Holders of (i) the Group I Certificates, (ii) the Group II Certificates and (iii) the Mezzanine Certificates, collectively, forms of which are attached hereto as Exhibit H.

Cap Contracts. Collectively, the Class AV-2 Cap Contract, the Group II Cap Contract and the Mezzanine Cap Contract.

Cap Contracts. The Class 1-A Cap Contract, Class 2-A Cap Contract and Subordinated Cap Contract.

Cap Contracts. Each of the cap contracts between Deutsche Bank National Trust Company, as Trustee and the counterparty thereunder, which is for the benefit of the Class AV Certificates and the Mezzanine Certificates (other than the Class MF-6 Certificates), a form of which is attached hereto as Exhibit H.

Cap Contracts. The Group I Cap Contract, the Group II Cap Contract and the Mezzanine Cap Contract in the forms attached hereto as Exhibit L.

Cap Contracts. Cap Contract I and Cap Contract II.

Cap Contracts. The Class A Cap Contract and the Mezzanine Cap Contract in the forms attached hereto as Exhibit L.