Examples of Cap Contract Termination Date in a sentence
On the Cap Contract Termination Date, after all other distributions on such date, if any such amounts in respect of early termination remain in the Distribution Account, such amounts shall be distributed by the Trustee to the Seller.
On or prior to the related Cap Contract Termination Date, amounts, if any, received by the Securities Administrator for the benefit of the Trust Fund in respect of the related Cap Contract shall be deposited by the Securities Administrator into the Cap Contract Account and will be used to pay Floating Rate Certificate Carryovers on the related Class A, Class M and Class B Certificates to the extent provided in the immediately preceding paragraph.
If an early termination payment is received with respect to an Early Termination Date, the early termination payment will be deposited by the Cap Contract Administrator in the Cap Contract Account to cover future Cap Payment Entitlement on the Notes until the Cap Contract Termination Date and any remaining amount will be paid on that date to the Sponsor.
On or prior to the related Cap Contract Termination Date, amounts, if any, received by the Trustee for the benefit of the Trust Fund in respect of any Cap Contract shall be deposited by the Trustee into the Cap Contract Account and will be used to pay Floating Rate Certificate Carryovers on the related Classes of Certificates as provided in this Section 4.04(j).
On or prior to the Cap Contract Termination Date, amounts, if any, received by the Trustee for the benefit of the Trust Fund in respect of the related Cap Contract shall be deposited by the Trustee into the Cap Contract Account and will be used to pay Floating Rate Certificate Carryovers on the related Class X-0, Xxxxx X-0, Class M and Class B Certificates to the extent provided in the immediately preceding paragraph.