Examples of Maximum Cap Rate in a sentence
For any Distribution Date and this Certificate, the Formula Rate is the lesser of (a) One-Month LIBOR plus the Certificate Margin and (b) the Maximum Cap Rate.
For any Distribution Date and this Certificate, the Formula Rate is the lesser of (i) One-Month LIBOR plus the Certificate Margin and (ii) the Maximum Cap Rate.
Finally, both S.J. and M.M. testified that, after the termination of their contact with Kelley, he called them numerous times.
For any Distribution Date and this Certificate, the Formula Rate is the lesser of (i) One- Month LIBOR plus the Certificate Margin and (ii) the Maximum Cap Rate.
The Maximum Cap Rate for any Distribution Date and the Group II Certificates will be a per annum rate (subject to adjustment based on the actual number of days elapsed in the related Accrual Period) equal to the weighted average of the Adjusted Net Maximum Mortgage Rates of the Group II Mortgage Loans.