Cap Amount definition

Cap Amount shall have the meaning set forth in Section 2.3.10.

Cap Amount has the meaning set forth in Section 7.3(a).

Cap Amount has the meaning set forth in Section 9.4 hereof.

Examples of Cap Amount in a sentence

• It is the date from which SIP Top-Up amount will cease and last SIP installment including Top-Up amount will remain constant from Cap date till the end of SIP tenure.Investor shall have flexibility to choose either Top-Up Cap Amount OR Top-Up Cap Month-Year.

• In case of multiple selection, Top-Up Cap Amount will be considered as default selection.In case of non selection, the SIP variable Top-Up amount will be capped at a default amount of Rs.10 lakhs.SIP amount will remain constant from Top-Up Cap date/amount till the end of SIP Tenure.

• Absent prior written authorization, invoices for amounts in excess of the Cap Amount will not be paid and will be returned unpaid.

• Investor shall have flexibility to choose either Top-Up Cap Amount OR Top-Up Cap Month-Year.

• If the Open Interest is an offer to sell Deliverable Obligations, then any Limit Bid that would otherwise be at a price above the Initial Market Midpoint plus the Cap Amount shall be deemed to be at a price equal to the Initial Market Midpoint plus the Cap Amount.

More Definitions of Cap Amount

Cap Amount means 1.00 percent.

Cap Amount. The Cap Amount for the Class A Certificates, the Mezzanine Certificates and the Class B Certificates is equal to (i) the aggregate amount received by the Trust from the Cap Contract multiplied by (ii) a fraction equal to (a) the Certificate Principal Balance of such Class immediately prior to the applicable Distribution Date divided by (b) the aggregate Certificate Principal Balance of the Class A Certificates, the Mezzanine Certificates and the Class B Certificates immediately prior to the applicable Distribution Date.

Cap Amount. The Cap Amount for any Class of the Adjustable-Rate Certificates is equal to (i) the aggregate amount received by the Trust from the Cap Contract multiplied by (ii) a fraction equal to (a) the Certificate Principal Balance of such Class immediately prior to the applicable Distribution Date divided by (b) the aggregate Certificate Principal Balance of the Adjustable-Rate Certificates immediately prior to the applicable Distribution Date.

Cap Amount. The Cap Amount for any Class of the Floating Rate Certificates is equal to (i) the aggregate amount received by the Trust from the Cap Contract multiplied by (ii) a fraction equal to (a) the Certificate Principal Balance of such Class immediately prior to the applicable Distribution Date divided by (b) the aggregate Certificate Principal Balance of the Floating Rate Certificates immediately prior to the applicable Distribution Date.

Cap Amount has the meaning assigned to that term in the definition of First Lien Obligations.

Cap Amount means 2 per cent.

Cap Amount shall have the meaning set forth in Section 8.2(d).