Cap Trust definition

Cap Trust. A separate trust, the sole asset of which is the Interest Rate Cap Agreement.

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Cap Trust means the trust fund established by Section 8.08 of the Indenture.

Cap Trust. As defined in Section 4.08.

Examples of Cap Trust in a sentence

Large Cap Fund Large Cap Trust (JHT) 0.780% — first $250 million; 0.730% — next $250 million; 0.680% — next $250 million; and 0.650% — excess over $750 million.
The Cap Trust shall be maintained by the Cap Trustee and administered on its behalf by the Cap Administrator.
The sole assets of the Cap Trust shall be the Cap Contract and the Cap Trust Account.
Any Cap Termination Payment received by the Cap Trustee from the Cap Provider shall be deposited into the Cap Trust Account and shall be used to make any upfront payment required under a replacement cap contract and any upfront payment received from the counterparty to a replacement cap contract shall be used to pay any Cap Termination Payment owed to the Cap Provider.
Large Cap Trust Large Cap Fund (JHF II) 0.780% — first $250 million; 0.730% — next $250 million; 0.680% — next $250 million; and 0.650% — excess over $750 million.
The sole assets of the Cap Trust shall be the Cap Agreement and the Cap Trust Account.
International Small Cap Trust International Small Cap Fund (JHF II) 1.050% — first $200 million; 0.950% — next $300 million; and 0.850% — excess over $500 million.
The Cap Trust shall be maintained by the Cap Trustee, who initially, shall be the Indenture Trustee.
Prior to the termination of the Supplemental Interest Trust or the Cap Trust, any transferee of this Certificate shall be deemed to have made the representations in Section 5.02(d) of the Agreement.
The Cap Contract Administrator and the Master Servicer shall remit any amounts received from time to time with respect to the Cap Contract to the Cap Trustee, and the Cap Trustee shall deposit the Cap Payment (Cap Trust Share) portion of any amounts received from time to time with respect to the Cap Contract into the Cap Contract Account, and shall remit to Countrywide Home Loans, Inc.

More Definitions of Cap Trust

Cap Trust. As defined in the Cap Allocation Agreement.

Cap Trust. A separate trust, the sole asset of which is the Cap Contract.

Cap Trust. The cap trust established by the Cap Administration Agreement whereby the Cap Trustee shall deposit the Cap Contract. The cap trust shall be maintained by the Cap Trustee and administered on its behalf by the Cap Administrator. The sole assets of the cap trust shall be the Cap Contract and the Cap Trust Account.

Cap Trust. The trust fund established pursuant to Section 4.08. Cap Trustee: Deutsche Bank National Trust Company, not in its individual capacity, but solely in its capacity as trustee for the benefit of the Holders of the Cap Certificates under this Agreement, and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee as may from time to time be servicing as successor trustee under this Agreement.