Cap Payment Date definition

Cap Payment Date. For as long as the Cap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

Cap Payment Date. For so long as any Deferred Interest Cap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day prior to each Distribution Date. Cap Provider: Lxxxxx Brothers Special Financing Inc.

Cap Payment Date means the fourth day of each month (or, if such fourth day is not a Business Day, on the next following Business Day).

Examples of Cap Payment Date in a sentence

• All such investments must be payable on demand or mature on a Interest Rate Cap Payment Date, a Distribution Date or such other date as directed by the Certificateholders.

• Except as otherwise provided in Section 6 and Section 7(a), settlement of Performance Share Units that vest in accordance with this Agreement shall be made as soon as administratively practicable after the applicable Vesting Date, but in no event later than the Section 409A Cap Payment Date applicable to such Vesting Date.

• All such investments shall be payable on demand or mature on an Interest Rate Cap Payment Date, a Distribution Date or such other date as directed by the Certificateholders.

• CSFP shall, promptly after learning of the occurrence of a Contingent Cap Payment Date, provide FSB with notice thereof.

• Except as otherwise provided in Section 5, Section 6 and Section 7, settlement of Performance Share Units that vest in accordance with this Agreement shall be made as soon as administratively practicable after the applicable Vesting Date, but in no event later than the Section 409A Cap Payment Date applicable to such Vesting Date.

More Definitions of Cap Payment Date

Cap Payment Date means the sixth day of each month (or, if such sixth day is not a Business Day, on the next following Business Day).

Cap Payment Date. For so long as any Interest Rate Cap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day prior to each Distribution Date. Cap Provider: ABN AMRO Bank N.V.

Cap Payment Date. For so long as any Interest Rate Cap Agreement or Deferred Interest Cap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day prior to each Distribution Date. Cap Provider: Either of the Interest Rate Cap Provider or the Deferred Interest Cap Provider.

Cap Payment Date. The Monthly Remittance Date preceding each Payment Date. 5

Cap Payment Date. For so long as any Interest Rate Cap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day prior to each Distribution Date. Cap Provider(s): The Interest Rate Cap Provider(s). Cap Termination Payment: Upon an optional termination pursuant to Section 7.01(b) and to the extent such payments or amounts are related to the Mortgage Pool or Mortgage Pools being terminated, any payment required to be made to the applicable Cap Provider or by the applicable Cap Provider to the Trustee pursuant to the terms of the applicable Interest Rate Cap Agreement, and any unpaid amounts due on previous Cap Payment Dates and accrued interest thereon as provided in the applicable Interest Rate Cap Agreement, as calculated by the applicable Cap Provider and furnished to the Trustee. Capitalized Interest Account: Not applicable.

Cap Payment Date means the date on which Cap Payments, as applicable, are made pursuant to the Interest Rate Cap Agreement.]

Cap Payment Date. For so long as any Interest Rate Cap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day prior to each Distribution Date. Cap Provider: ABN AMRO Bank N.V. Cap Termination Payment: Upon an optional termination pursuant to Section 7.01(b), any payment required to be made to the Cap Provider or by the Cap Provider to the Trustee pursuant to the terms of the Interest Rate Cap Agreement and any unpaid amounts due on previous Cap Payment Dates and accrued interest thereon as provided in the Interest Rate Cap Agreement, as calculated by the Cap Provider and furnished to the Trustee. Capitalized Interest Account: Not applicable.