Capped Rate definition

Capped Rate means the rate set forth in the Interest Rate Cap Agreement which shall be USD-LIBOR-BBA for a Designated Maturity of one month that is reset quarterly as such terms are defined in the 2006 ISDA Definitions.
Capped Rate means [REDACTED] per cent. per annum or such higher rate as approved by the Central Servicer and the Transaction Agent and "Minimum Exposure Period" means the period starting from and including the Initial Funding Date and ending on and including the earlier of (i) the Final Maturity Date and (ii) the Senior Issuer Discharge Date.
Capped Rate means the capped rate of interest applicable to an Advance (or part thereof), being:

Examples of Capped Rate in a sentence

  • Capped Rate The maximum per diem or all-inclusive rate that TRICARE will allow for care.Care Coordination A comprehensive method of client assessment designed to identify client vulnerability, needs identification, and client goals which results in the development plan of action to produce an outcome that is desirable for the client.

  • Capped Rate The maximum per diem or all-inclusive rate that TRICARE will allow for care.Care Coordination A comprehensive method of client assessment designed to identify client vulnerability, needs identification, and client goals which result in the development plan of action to produce an outcome that is desirable for the client.

  • Considerations Relating to the Annual Interest Rate Review Process In respect of SVR Loans and Capped Rate Loans in the Portfolio, the terms and conditions of such Loans provide that a Borrower's monthly payments will remain fixed (the Fixed Monthly Amount) for a period of 12 months (each a Fixed Payment Period) irrespective of any interest rate changes during such period.

  • In relation to SVR Loans and Capped Rate Loans in the Portfolio, amounts equal to the aggregate of any Contractual Difference Amounts will be reallocated from Available Principal Receipts and applied as Available Revenue Receipts.

  • In addition, in relation to any Fixed Rate Mortgages or Capped Rate Mortgages (to the extent that any Mortgage is converted to a Capped Rate Mortgage) which arise upon conversion of any Mortgages subsequent to the Closing Date, the Issuer will be obliged to enter into additional hedging arrangements if not to do so would adversely affect any of the then current ratings of the Notes.


More Definitions of Capped Rate

Capped Rate means [REDACTED] per cent. per annum or such higher rate as approved by the Central Servicer and the Transaction Agent and “Minimum Exposure Period” means the period starting from and including the Initial Funding Date and ending on and including the earlier of (i) the Final Maturity Date and (ii) the Senior Issuer Discharge Date.
Capped Rate means [Redacted] per annum or such higher rate as approved by the Central Servicer and the Transaction Agent and “Minimum Exposure Period” means the period starting from and including the Initial Funding Date and ending on and including the earlier of (i) the Final Maturity Date and (ii) the Senior Issuer Discharge Date. 4.1.38 Tax Residence and Establishment The Issuer shall not do any act or thing, the effect of which would be to make it resident, or cause it to have a permanent establishment branch or agency, for Tax purposes in any jurisdiction other than Ireland. 4.1.39 Tax Deed of Covenant The Issuer shall:
Capped Rate means the lesser of (a) twenty-five percent (25%) per annum and (b) the Maximum Lawful Rate.
Capped Rate means a maximum employer contribution rate of 10.6 per cent of the aggregate of the pay (as defined in the Pension Regulations) of the Eligible Employees;
Capped Rate means the maximum interest rate that you will be charged under the Mortgage up to and including the Capped Rate Expiry Date. The Capped Rate is as set out in Box 5 – Other Details.
Capped Rate means twenty-five percent (25%) per annum.
Capped Rate means an Interest Rate capped at the interest rate specified in the applicable Schedule;