Cap Payment Amount definition

Cap Payment Amount is hereby added to Section 2 of the Indenture Supplement as follows:
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Examples of Cap Payment Amount in a sentence

  • The amounts on deposit in the Derivative Reserve Account will be used on each Payment Date to pay any shortfall in the Cap Payment Amount in accordance with this Section 22.

  • Cap Payment Amount: On each Cap Payer Payment Date, the Cap Provider shall pay to the Counterparty the product of: (i) the Notional Amount multiplied by (ii) the positive Cap Payment Rate multiplied by (iii) the Day Count Fraction.

  • The amounts on deposit in the Derivative Reserve Account will be used on each Payment Date to pay any shortfall in the Cap Payment Amount in accordance with this Section 19.

  • The Trustee, in making the foregoing distributions, shall first apply in full that portion of the Total Supplemental Interest Payment Amount equal to the Class AIO Current Interest, and, only if that entire amount is exhausted, shall then apply that portion of the Total Supplemental Interest Payment Amount Available equal to the Allocable Cap Payment Amount.

  • The amounts on deposit in the Derivative Reserve Account will be used on each Payment Date to pay any shortfall in the Cap Payment Amount in accordance with this Section 20.

  • Notwithstanding anything to the contrary in this Warrant or any Transaction Document, the Exchange Cap Payment Amount shall not exceed $750,000 in the aggregate for all SPA Warrants.