Cap Settlement Date definition

Cap Settlement Date shall have the meaning specified in subsection 3A(b) of this Series Supplement.

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Examples of Cap Settlement Date in a sentence

• All amounts paid pursuant to the Interest Rate Caps or any Qualified Substitute Arrange- ment on any Business Day (a "Cap Settlement Date") shall be deposited in the Cap Proceeds Account.

• All amounts paid pursuant to the Interest Rate Caps or any Qualified Substitute Arrangement on any Business Day (a "Cap Settlement Date") shall be deposited in the Cap Proceeds Account.