## Examples of *Periodic Rate Cap* in a sentence

In connection with any such assumption, the outstanding principal amount, the Monthly Payment, the Mortgage Interest Rate, the Lifetime Rate Cap (if applicable), the Gross Margin (if applicable), the Initial Rate Cap (if applicable) or the

**Periodic Rate Cap**(if applicable) of the related Mortgage Note shall not be changed, and the term of the Mortgage Loan will not be increased or decreased.In addition, the existence of the applicable

**Periodic Rate Cap**, Maximum Mortgage Rate and Minimum Mortgage Rate on the Group II Mortgage Loans may affect the likelihood of prepayments resulting from refinancings.The Mortgage Rate on each Group II Mortgage Loan will not decrease on the first related Adjustment Date, will not increase by more than 2.00% per annum on the first related Adjustment Date (the "Initial

**Periodic Rate Cap**") and will not increase or decrease by more than 1.00% per annum on any Adjustment Date thereafter (the "**Periodic Rate Cap**").The Mortgage Interest Rate is adjusted with respect to Adjustable Rate Mortgage Loans, on each Interest Rate Adjustment Date to equal the Index plus the Gross Margin (rounded up or down to the nearest 0.125%), subject to the

**Periodic Rate Cap**.**Periodic Rate Cap**: As to each Adjustable Rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate, on any Adjustment Date as provided in the related Mortgage Note, if applicable.