Corridor Contracts definition

Corridor Contracts. The corridor contracts between the Trustee and the Corridor Contract Counterparty for the benefit of the Offered Certificates and the Class C Certificates.
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Corridor Contracts. The long-form confirmations dated October 29, 2004 between the Indenture Trustee and the Corridor Counterparty. CORRIDOR COUNTERPARTY: Bear Stearns Financial Products Inc.
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Corridor Contracts. With respect to the Group II Certificates (other than the Grantor Trust Class II-A-2B Certificates), the Underlying Class II-A-2B Certificates and the Class II-B-6 Certificates, the respective interest rate corridor contracts, dated as of the Closing Date, between the Trustee, on behalf of the Trust for the benefit of the Holders of the related Certificates, and the Corridor Counterparty, together with any scheduling, confirmations or other agreements related thereto, a form of which is attached hereto as Exhibit N. Corridor Contract Payment Amount: With respect to any Distribution Date and any Corridor Contract, any amounts received from such Corridor Contract on such Distribution Date. Corridor Counterparty: Bear Xxxxxxx Financial Products Inc.
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Examples of Corridor Contracts in a sentence

  • The Corridor Contracts will be assets of the Trust Fund but will not be assets of any REMIC.

  • The Master Servicer, on behalf of the Trustee, shall prepare and deliver any notices required to be delivered under the Corridor Contracts.

  • On each Distribution Date, the Supplemental Interest Trustee shall deposit into the Corridor Contract Reserve Fund all amounts received in respect of the Corridor Contracts for the related Interest Accrual Period.

  • The Master Servicer, on behalf of the Trustee, shall cause to be deposited any amounts received from time to time with respect to the Corridor Contracts into the Corridor Contract Reserve Fund.

  • Except as may be directed in writing by the Depositor or by a majority in interest of the Holders of a Class of Certificates that have the benefit of a Corridor Contract, the Securities Administrator shall have no duty or responsibility to enter into any other interest rate cap contract or agreement upon the expiration or termination of any of the Corridor Contracts.

  • The Corridor Contracts will be an asset of the Trust Fund but will not be an asset of any REMIC.

  • Any earnings shall be remitted to the Cap Contract Counterparty in accordance with the Corridor Contracts.

  • The Corridor Contracts will be assets of the Trust Fund but will not be an asset of any REMIC.

  • The Securities Administrator shall deposit any amounts received from the Corridor Contract Counterparty with respect to the Corridor Contracts into the Reserve Fund.

  • Countrywide shall cause The Bank of New York to enter into the Corridor Contract Administration Agreement and shall assign all of its right, title and interest in and to the interest rate corridor transactions evidenced by the Corridor Contracts to, and shall cause all of its obligations in respect of such transactions to be assumed by, the Corridor Contract Administrator, on the terms and conditions set forth in the Corridor Contract Assignment Agreement.


More Definitions of Corridor Contracts

Corridor Contracts. Any of the Class I-A-1 Interest Rate Corridor Contract and the Class II-A-1 Interest Rate Corridor Contract. Corridor Contract Counterparty: Bear Xxxxxxx Financial Products, Inc.
Sample 1
Corridor Contracts. With respect to the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 4-A-1, Class 4-A-2, Class II-M-1, Class II-B-1 and Class II-B-2 Certificates, the transactions evidenced by the related Confirmation (as assigned to the Trustee pursuant to the Assignment Agreement), a form of which is attached hereto as Exhibit R. Corridor Contract Counterparty: Bank of America, N.A. and its successors.
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Related to Corridor Contracts

  • Cap Contracts Collectively, the Class A Cap Contract and the Mezzanine Cap Contract.

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Seller Contracts means all contracts or agreements to which Seller is a party or to which any of its material assets are bound.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

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

  • Customer Contracts means any and all Contracts with customers of the Company, including professional services agreements, supply agreements, service agreements, license agreements, maintenance and development agreements and consulting agreements.

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • IT Contracts means the contracts (whether or not in writing and including those currently being negotiated) under which any third party provides or will provide any element of, or services relating to, the IT Assets, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • Affiliate Contracts shall have the meaning provided in Section 4.05.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Applicable Contracts has the meaning set forth in Section 2.1(d).

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Related Contracts is defined in clause (c) of Section 2.1.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Major Contract means (i) any management agreement relating to the Properties or the Loan Parties, (ii) any agreement between any Loan Party and any Affiliate of any Relevant Party and (iii) any brokerage, leasing, cleaning, maintenance, service or other contract or agreement of any kind (other than Leases) relating to the Properties, in each case involving payment or expense of more than One Million and No/100 Dollars ($1,000,000) during any twelve (12) month period, unless cancelable on thirty (30) days or less notice without requiring payment of termination fees or payments of any kind.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • List of Contracts means the list identifying each Contract constituting part of the Trust Corpus, which list (a) identifies each Contract and (b) sets forth as to each Contract (i) the Principal Balance as of the Cutoff Date, (ii) the amount of monthly payments due from the Obligor, (iii) the Contract Rate and (iv) the maturity date, and which list (as in effect on the Closing Date) is attached to this Agreement as Exhibit H.

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Issuer, any of its Restricted Subsidiaries or any Securitization Entity for the purpose of providing credit support (that is reasonably customary as determined by Issuer’s senior management) with respect to any Permitted Funding Indebtedness or Permitted Securitization Indebtedness.

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.