Assignment of Interest Rate Cap Sample Clauses
Assignment of Interest Rate Cap that certain Collateral Assignment of Interest Rate Cap Agreement made by Borrower to Lender dated as of the date hereof required by this Agreement as security for the Loan, consented to by the Counterparty, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Assignment of Interest Rate Cap. If JRI has purchased an interest rate cap or swap agreement as contemplated in Section 1.1(b)(iii)(A)(2) above with respect to a New Loan secured by any of the Properties to be included in that Closing, and the interest rate protection was purchased in the name of any Person other than the relevant Property Owner (or if the protection was purchased in the name of the Property Owner, but the Property Owner is transferring the related Property to CBL pursuant to a Deed Contribution Agreement), then, for each such interest rate cap or swap, an assignment of interest rate protection agreement, in form and substance reasonably acceptable to CBL, by which the owner of that interest rate protection assigns all of its rights thereunder to CBL or its designee (and, if required by the terms of the interest rate protection agreement, confirmation that the counterparty thereto has consented to the transfer).