Examples of Interest Rate Cap Agreements in a sentence
Each Class of Certificates (other than the Class P and Class R Certificates), other than the right of each Class of LIBOR Certificates to receive Basis Risk CarryForward Amounts and the right of the Class X Certificates to receive payments from the Interest Rate Cap Agreements, represents ownership of a regular interest in the Upper Tier REMIC for purposes of the REMIC Provisions.
The Class P Certificates represent beneficial ownership of the Prepayment Charges, each Class of LIBOR Certificates represents beneficial ownership of a regular interest in the Upper Tier REMIC and the right to receive Basis Risk CarryForward Amounts and the Class X Certificates represent beneficial ownership of a regular interest in the Upper Tier REMIC, the Excess Reserve Fund Account and the Interest Rate Cap Agreements, which portions of the Trust Fund shall be treated as a grantor trust.
Section 8.13 Tax Classification of the Excess Reserve Fund Account and the Interest Rate Cap Agreements............................
II-F-1-1 APPENDIX F-2 Interest Rate Cap Agreements..........................................................................
Section 8.13 Tax Classification of the Excess Reserve Fund Account and the Interest Rate Cap Agreements.............................