Cap Rate definition

Cap Rate. With respect to any Calculation Period, the rate set forth for such period in the Schedule of Notional Amounts attached hereto. Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing April 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. One Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA, provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than 9.00000% then the Floating Rate for such Calculation Period shall be deemed to be 9.00000%.
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Cap Rate. For each Calculation Period, as set forth for such period on Schedule I attached hereto. Floating Rate for initial Calculation Period: To be determined Floating Rate Day Count Fraction: Actual/360 Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than 10.00% then the Floating Rate Option for such Calculation Period shall be deemed equal to 10.00%.
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Cap Rate means, for each Mortgaged Property, a capitalization rate reasonably selected by the Lender for use in determining the Valuations, as disclosed to the Borrower from time to time.
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Examples of Cap Rate in a sentence

  • For any Distribution Date and this Certificate, the Formula Rate is the lesser of (a) One-Month LIBOR plus the Certificate Margin and (b) the Maximum Cap Rate.

  • Borrower Qualification Numeric – Integer 3 99 Always See Coding 1 = Start Rate 2 = First Year Cap Rate 3 = I/O Amount 4 = Fully Indexed 5 = Min Payment 98 = Other 99 = Unknown 119 City The name of the city.

  • For any Distribution Date and this Certificate, the Formula Rate is the lesser of (i) One-Month LIBOR plus the Certificate Margin and (ii) the Maximum Cap Rate.

  • In addition, we will send you a report for each new Segment to which Account Value was allocated showing the Segment Start Date, Segment Maturity Date and Performance Cap Rate.

  • The Auction Note Interest Rate of the Auction Rate Notes for each Auction Period shall be the Auction Rate in effect for such Auction Period as determined in accordance with Section 2.02(a) of this Appendix A-2; provided that if, on any Interest Rate Determination Date, an Auction is not held for any reason, then the Auction Note Interest Rate on such Auction Rate Notes for the next succeeding Auction Period shall be the applicable Cap Rate.


More Definitions of Cap Rate

Cap Rate. With respect to the Yield Maintenance Agreement, the rates set forth therefor in Exhibit O. Certificate: Any one of the certificates of any Class executed and authenticated by the Trustee in substantially the forms attached hereto as Exhibits A-1 through A-5.
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Cap Rate means seven and three-quarters percent (7.75%).
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Cap Rate means, at any time, the greater of (a) seven and one-quarter percent (7.25%), and (b) the “Cap Rate” as such term (or any equivalent term howsoever defined) is defined in the AIG Note Purchase Agreement, the Barings Note Purchase Agreement, the MetLife Note Purchase Agreement, the Prudential Note Purchase Agreement or any other Material Credit Facility, as the case may be.
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Cap Rate means the Treasury Rate plus 2.8%.
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Cap Rate means, with respect to any Interest Period applicable to the Auction Rate Securities, the lesser of (a) the applicable Maximum Rate, and (b) the Net Loan Rate in effect for such Interest Period.
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Cap Rate. For the Calculation Period related to a Floating Rate Payer Payment Date, the "Strike Rate" set forth in Schedule A hereto for such Floating Rate Payer Payment Date. Floating Rate Payer Period End Date(s): The 25th of each month in each year from and including March 25, 2006 to and including April 25, 2009, subject to adjustment in accordance with the Modified Following Business Day Convention Floating Rate Payer Payment Date(s): Each day that is one day prior to each Floating Rate Payer Period End Date subject to adjustment in accordance with the Preceding Business Day Convention.
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Cap Rate means the percentage specified as such in the Final Terms.
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