Definition of Series 2010-6 Interest Rate Cap Proceeds


Series 2010-6 Interest Rate Cap Proceeds means the amounts received by the Trustee from an Interest Rate Cap Counterparty from time to time in respect of a Series 2010-6 Interest Rate Cap (including amounts received from a guarantor or from collateral).

Examples of Series 2010-6 Interest Rate Cap Proceeds in a sentence

ABRCF shall require all Series 2010-6 Interest Rate Cap Proceeds to be paid to, and the Trustee shall allocate all Series 2010-6 Interest Rate Cap Proceeds to, the Series 2010-6 Accrued Interest Account of the Series 2010-6 Collection Account.