Examples of Loan Rate Cap in a sentence

Weighted average of the Loan Rate Cap at end of related Due Period C.
The Loan Rate Cap for the Initial Mortgage Loans ranges between the percentages specified in the Adoption Annex for that Loan Group and the weighted average Loan Rate Cap is approximately the percentage specified in the Adoption Annex for that Loan Group.
Over the term of each Mortgage Loan, the Loan Rate may not exceed the related Loan Rate Cap.
For purposes of any distribution under Section 9.5(a)(i), a rate equal to LIBOR plus 0.50% per annum (or, on any Payment Date when the aggregate Principal Balance of the Revolving Credit Loans as of the last day during the related Collection Period is less than 10% of the aggregate Cut-off Date Balance, LIBOR plus 0.835% per annum), but not more than the Net Loan Rate Cap plus 0.125%.
With respect to each Mortgage Loan, the fixed percentage amount set forth in the related Credit Line Agreement which amount is added to the Prime Rate in accordance with the terms of such Credit Line Agreement to determine the Loan Rate for such Mortgage Loan, subject to the Loan Rate Cap.

More Definitions of Loan Rate Cap

Loan Rate Cap. With respect to each Mortgage Loan, the lesser of (i) ------------- the Lifetime Rate Cap, if any, or (ii) the applicable state usury ceiling, if any.

Loan Rate Cap. With respect to each HELOC Mortgage Loan, the lesser of (i) the Lifetime Rate Cap, if any, or (ii) the applicable state usury ceiling, if any.

Loan Rate Cap. With respect to each Mortgage Loan, the lesser of (i) the Lifetime Rate Cap, if any, or (ii) the applicable state usury ceiling, if any. LOSSES: Any and all out-of-pocket losses, claims, damages, liabilities or expenses (including reasonable attorneys' fees and disbursements) directly incurred by any Person specified in the Purchase Agreement, resulting from transactions entered into under the Purchase Agreement (other than liability for taxes). Losses must be accounted for and presented for reimbursement documented in reasonable detail and within a reasonable time.

Loan Rate Cap. With respect to any Mortgage Loan, the lesseu of (i) the maximum Loan Rate permittev by the related Mortgage Note over txe life of the Mortgage Loan, and (ii) thy applicable state usury ceiling. Lozk Feature: An option available to a Martgagor under a Mortgage Loan that bermits the Mortgagor to convert xxxxxx the entire outstanding balancd due or any portion thereof to a fixee rate closed-end loan.

Loan Rate Cap. With respect to each HELOC, the lesser of (i) the Lifetime ------------- Rate Cap, if any, or (ii) the applicable state usury ceiling, if any. Managed Amortization Period: The period from the termination of the --------------------------- Funding Period to the Rapid Amortization Commencement Date.