Cap Contract Counterparty definition

Cap Contract Counterparty. The Bank of New York, and any successor thereto.

Cap Contract Counterparty. The Royal Bank of Scotland plc.

Cap Contract Counterparty. [CAP CONTRACT COUNTERPARTY].

Examples of Cap Contract Counterparty in a sentence

• Upon any such termination, the Cap Contract Counterparty will be obligated to pay the Trustee or the Master Servicer for the benefit of the Trust Fund an amount in respect of such termination.

• Absent receipt by the Trustee of written instructions from the Cap Contract Counterparty, such funds shall remain uninvested.

• The foregoing information and reports shall be prepared and determined by the Trustee based on Mortgage Loan data and other information provided to the Trustee by the Servicer, the Swap Counterparty, the Cap Contract Counterparty or any other third party required to deliver information hereunder.

• The Trustee shall not enter into any amendment to this Agreement that could have a materially adverse effect on the Cap Contract Counterparty or the Swap Counterparty without first obtaining the consent of the Cap Contract Counterparty or Swap Counterparty, respectively.

• The Cap Contract Counterparty shall be deemed a third party beneficiary of this Agreement regarding provisions related to payments owed to the Cap Contract Counterparty.

More Definitions of Cap Contract Counterparty

Cap Contract Counterparty. Barclays Bank PLC.

Cap Contract Counterparty. The Royal Bank of Scotland plc with whom the Securities Administrator, on behalf of the Issuing Entity, entered into each of the Corridor Contracts and with whom the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, entered into the Cap Contract.

Cap Contract Counterparty. Bear Stearns Financial Products Inc., axx xxx permitted successors and assigns pursuant to the Cap Contracts.

Cap Contract Counterparty. The Class 1-A-1 Cap Contract Counterparty or the Class 1-A-2 Cap Contract Counterparty, as applicable.

Cap Contract Counterparty. Barclays Bank, PLC.

Cap Contract Counterparty. Swiss Re Financial Products Corporation, and any successor thereto.

Cap Contract Counterparty. BNP Paribas, and any permitted successors and assigns pursuant to Cap Contract.