Group II Cap Agreement definition
Group II Cap Agreement. The interest rate cap agreement entered into with the Cap Counterparty and attached hereto as Exhibit R.
Group II Cap Agreement. The interest rate cap agreement with respect to the Group II Mortgage Loans consisting of the ISDA Master Agreement and the schedule and confirmation thereto, dated as of November 5, 2002 between the Trustee, on behalf of the Trust, and the Cap Provider, as such agreement may be amended and supplemented in accordance with its terms and any replacement interest rate cap agreement acceptable to the Trustee.
Group II Cap Agreement. The interest rate cap agreement, dated August 25, 2005, between the Cap Provider and the Securities Administrator, relating to the Group II Certificates.
Examples of Group II Cap Agreement in a sentence
In addition, to and including [ ], [ ], if the rate of three-month LIBOR increases to a level specified in the Group II Cap Agreement, the Trust will be entitled to receive payments from the Cap Counterparty in the amounts and on the dates set forth in the Group II Cap Agreement.
The Trustee shall not designate a Group II Early Termination Date under the Group II Cap Agreement without the consent of the Group II Cap Controlling Person.
In addition, upon the occurrence of an event of default under the Group II Cap Agreement or an early termination of the Group II Cap Agreement, the Administrator shall instruct the Cap Provider to deposit the amount of any termination payment into the Group II Cap Account.
More Definitions of Group II Cap Agreement
Group II Cap Agreement means the interest rate cap agreement, between the Trust and the Cap Counterparty as documented according to a 1992 ISDA Master Agreement (Multicurrency--Cross Border), including the related sole confirmation and the related schedule, each dated as of [ ], [ ], and each modified to reflect the terms of the Group II Notes and the Basic Documents.
Group II Cap Agreement. The interest rate cap agreement with respect to the Class II-A Certificates, the Class II-S Certificates, the Class II-M1 Certificates, the Group II Mezzanine Components and the Class II-C Certificates consisting of the ISDA Master Agreement and the schedule and confirmation thereto, dated as of June 4, 2002 between the Trust Administrator, on behalf of the Trust, and the Cap Provider, as such agreement may be amended and supplemented in accordance with its terms and any replacement interest rate cap agreement acceptable to the Trustee.
Group II Cap Agreement means the interest rate cap agreement, between the Trust and the Cap Counterparty as documented according to a 1992 ISDA Master Agreement (Multicurrency—Cross Border), including the related sole confirmation and the related schedule, each dated as of August 14, 2003, and each modified to reflect the terms of the Group II Notes and the Basic Documents.