Interest Rate Cap Provider definition

Interest Rate Cap Provider if any, shall mean the entity listed as the Interest Rate Cap Provider in the Series Term Sheet, in its capacity as obligor under the Class Interest Rate Caps, or if any Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements are obtained pursuant to Section 15, the obligor with respect to such Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements.
Interest Rate Cap Provider means HVF II’s counterparty under any Series 2013-A Interest Rate Cap.
Interest Rate Cap Provider. The cap provider under the Interest Rate Cap Agreement. Initially, the Interest Rate Cap Provider shall be Bear Xxxxxxx Financial Products Inc.

Examples of Interest Rate Cap Provider in a sentence

  • Any excess amounts held in such Interest Rate Cap Collateral Account after payment of all amounts owing to Party B under the Interest Rate Cap Agreement shall be withdrawn from the Interest Rate Cap Collateral Account and paid to the Interest Rate Cap Provider in accordance with the Interest Rate Cap Credit Support Annex.

  • Payment against each order placed during the Contractor‘s performance will be made in foreign currency, either by means of a Documentary Credit (LC) or Telegraphic Transfer (TT) as described below; i.

  • The Issuer shall require all proceeds of each Interest Rate Cap (including amounts received in respect of the obligations of the related Interest Rate Cap Provider from a guarantor or from the application of collateral posted by such Interest Rate Cap Provider) to be paid to the Issuer Interest Collection Account.

  • Except for investment earnings, the Interest Rate Cap Provider shall not have any legal, equitable or beneficial interest in the Interest Rate Cap Collateral Account other than in accordance with this Agreement, the Interest Rate Cap Agreement, and applicable law.

  • In the event that any payment made by the Interest Rate Cap Provider under the Interest Rate Cap Agreement is subject to any withholding or deduction for or on account of tax as a result of a change in law and consequently the Interest Rate Cap Agreement is terminated, this may adversely impact the ability of the Issuer to meet its obligations under the Notes in full.


More Definitions of Interest Rate Cap Provider

Interest Rate Cap Provider means the Issuer’s counterparty under any Interest Rate Cap.
Interest Rate Cap Provider. The cap provider under the Interest Rate Cap Agreement. Initially, the Interest Rate Cap Provider shall be Swiss Re Financial Products Corporation.
Interest Rate Cap Provider means any obligor under an Interest Rate Cap, or if any Replacement Interest Rate Cap or Qualified Substitute Arrangement is obtained for such Interest Rate Cap pursuant to Section 4.12, any obligor with respect to such Replacement Interest Rate Cap or Qualified Substitute Arrangement.
Interest Rate Cap Provider means each counterparty under each Interest Rate Cap.
Interest Rate Cap Provider. The cap provider under the Interest Rate Cap Agreement. Initially, the Interest Rate Cap Provider shall be The Royal Bank of Scotland plc.
Interest Rate Cap Provider means each obligor under an Interest Rate Cap, or if any Replacement Interest Rate Cap is obtained under Section 4.13, any obligor under such Replacement Interest Rate Cap.
Interest Rate Cap Provider. The cap provider under the Interest Rate Cap Agreement. Initially, the Interest Rate Cap Provider shall be The Bank of New York.