Interest Rate Cap Documents definition

Interest Rate Cap Documents means the Pledge, Interest Rate Cap Agreement and any and all other documents required pursuant thereto or hereto or as Lender shall require from time to time in connection with Borrower’s obligation to maintain an Interest Rate Cap for the term of the Variable Facility Commitment.

Interest Rate Cap Documents means, with respect to any Interest Rate Cap, the documentation that governs such Interest Rate Cap.

Interest Rate Cap Documents means, with respect to any Interest Rate Cap, the documentation that governs such Interest Rate Cap. “Interest Rate Cap Provider” means the Issuer’s counterparty under any Interest Rate Cap.

Examples of Interest Rate Cap Documents in a sentence

• On or prior to the tenth day following the Closing Date, the Interest Rate Cap Documents duly executed by each of the parties thereto including any related confirmation.

• There is no and shall be no additional security for or any other arrangements or agreements relating to the Interest Rate Cap or the Interest Rate Cap Documents.

• True, complete and correct copies of the Interest Rate Cap Documents and all amendments thereto, fully executed by all parties, are attached as Exhibit A hereto.

• Each Interest Rate Cap will be represented by one or more Interest Rate Cap Documents.

• Borrower shall, on or before the date any Subsequent Interest Rate Cap is to become effective, execute and deliver the Interest Rate Cap Documents representing the Subsequent Interest Rate Cap to the Counterparty and deliver to Lender fully executed originals of such Interest Rate Cap Documents to be held under this Agreement as a part of the Collateral.

• Borrower has, on or before the date of this Agreement, executed and delivered the Interest Rate Cap Documents to the Counterparty and has delivered to Lender fully executed originals of such Interest Rate Cap Documents.

• Therefore, in determining the legislative intent of a statute, there are three levels of analysis and the courts will not continue beyond the level that first yields a reasonable interpretation.

• Borrower has, on or before the date of this Supplemental Agreement, executed and delivered the Interest Rate Cap Documents representing the Subsequent Interest Rate Cap to the Counterparty and has delivered to Xxxxxx Mae fully executed originals of such Interest Rate Cap Documents to be held under the Agreement as a part of the Collateral.

• Borrower hereby represents and warrants to Lender that there is no additional security for or any other arrangements or agreements relating to the Interest Rate Cap Documents and that the Counterparty has consented to Borrower’s pledge of its rights and interests in the Interest Rate Cap to Lender as security for the Loan.

• The documents attached to this Supplemental Agreement as Attachment I are true, complete and correct copies of the Interest Rate Cap Documents and all amendments thereto, representing the Subsequent Interest Rate Cap, fully executed by all parties.