Cap Contract definition

Cap Contract. Any of the Class A-1 Cap Contract, the Class A-2 Cap Contract or the Subordinate Certificates Cap Contract.

Cap Contract. The Cap Contract between the Trustee and the counterparty thereunder, a form of which is attached hereto as Exhibit O.

Cap Contract. The Cap Contract between Greenwich Capital Derivatives, Inc. and the counterparty thereunder, assigned to the Trustee pursuant to Section 2.01, a form of which is attached hereto as Exhibit O.

Examples of Cap Contract in a sentence

• The Maximum Price for a Baseload $300 Cap Contract for a Contract Quarter is the Baseload Cap Value for the Quarter calculated in accordance with clause 11.1, rounded to the nearest cent.

• Oil and natural gas prices, which are subject to market fluctuations, have declined substantially from historic highs and may not return to those highs in the foreseeable future, if ever.

• The Trust Fund for federal income tax purposes will consist of (i) two real estate mortgage investment conduits, (ii) the right to receive payments distributable to the Class P Certificates pursuant to Section 4.04(b)(i) hereof, (iii) the Cap Contracts and the Cap Contract Account and (iv) the grantor trusts described in Section 2.07 hereof.

• The Trustee will be obligated to establish the Cap Contract Account, into which the Trustee shall promptly deposit upon receipt any amounts paid pursuant to the Cap Contract.

• The Cap Contract Notional Balances will be as shown in the following table:One Month LIBOR Cap Table 1.

More Definitions of Cap Contract

Cap Contract. The cap contract between the Cap Trustee on behalf of the Cap Trust and the Cap Provider in the form attached hereto as Exhibit I.

Cap Contract. The amended confirmation and agreement and any related confirmation thereto, between the Trustee and Bear Xxxxxxx Financial Products, Inc. (in the form of Exhibit N hereto).

Cap Contract. The cap contract between the Trust Administrator on behalf of the Trust and the counterparty thereunder relating to the Class A Certificates and the Mezzanine Certificates.

Cap Contract. The cap contract between the Trustee and the counterparty thereunder for the benefit of the Holders of the Class A-1A Certificates.

Cap Contract means the transaction evidenced by the Confirmation (as assigned to the Cap Contract Administrator pursuant to the Cap Contract Assignment Agreement).

Cap Contract. The amended confirmation and agreement and any related confirmation thereto, between the Trustee and Credit Suisse First Boston International (in the form of Exhibit N hereto).

Cap Contract. The confirmation and agreement, including the schedule thereto and the related credit support annex (attached as Exhibit Q-3 hereto), between the Cap Contract Counterparty and the Supplemental Interest Trust Trustee for the benefit of the Certificateholders (attached as Exhibit Q-1 hereto) or any other cap or swap agreement (including any related schedules) held by the Supplemental Interest Trust pursuant to Section 4.04(l) hereof.