Interest Rate Cap Provider if any, shall mean the entity listed as the Interest Rate Cap Provider in the Series Term Sheet, in its capacity as obligor under the Class Interest Rate Caps, or if any Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements are obtained pursuant to Section 15, the obligor with respect to such Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements.

Interest Rate Cap Provider means HVF II’s counterparty under any Series 2013-A Interest Rate Cap.

Interest Rate Cap Provider means the Issuer’s counterparty under any Interest Rate Cap.

Examples of Interest Rate Cap Provider in a sentence

Any excess amounts held in such Interest Rate Cap Collateral Account after payment of all amounts owing to Party B under the Interest Rate Cap Agreement shall be withdrawn from the Interest Rate Cap Collateral Account and paid to the Interest Rate Cap Provider in accordance with the Interest Rate Cap Credit Support Annex.
All amounts earned on amounts on deposit in the Interest Rate Cap Collateral Account (whether cash collateral or securities) shall be for the account of and taxable to the Interest Rate Cap Provider.
Except for investment earnings, the Interest Rate Cap Provider shall not have any legal, equitable or beneficial interest in the Interest Rate Cap Collateral Account other than in accordance with this Agreement, the Interest Rate Cap Agreement, and applicable law.
Cash collateral posted by the Interest Rate Cap Provider in accordance with the Interest Rate Cap Credit Support Annex shall be invested at the written direction of the Interest Rate Cap Provider in Permitted Investments in accordance with the requirements of the Interest Rate Cap Credit Support Annex.
The Issuer shall require all proceeds of each Interest Rate Cap (including amounts received in respect of the obligations of the related Interest Rate Cap Provider from a guarantor or from the application of collateral posted by such Interest Rate Cap Provider) to be paid to the Issuer Interest Collection Account.

More Definitions of Interest Rate Cap Provider

Interest Rate Cap Provider. The cap provider under the Interest Rate Cap Agreement. Initially, the Interest Rate Cap Provider shall be Bear Xxxxxxx Financial Products Inc.

Interest Rate Cap Provider. The cap provider under the Interest Rate Cap Agreement. Initially, the Interest Rate Cap Provider shall be Swiss Re Financial Products Corporation.

Interest Rate Cap Provider means HVF’s counterparty under a Series 2009-1 Interest Rate Cap.

Interest Rate Cap Provider means any obligor under an Interest Rate Cap, or if any Replacement Interest Rate Cap or Qualified Substitute Arrangement is obtained for such Interest Rate Cap pursuant to Section 4.12, any obligor with respect to such Replacement Interest Rate Cap or Qualified Substitute Arrangement.

Interest Rate Cap Provider means HVF III’s counterparty under any Series 2021-A Interest Rate Cap.

Interest Rate Cap Provider means each counterparty under each Interest Rate Cap.

Interest Rate Cap Provider. The cap provider under the Interest Rate Cap Agreement. Initially, the Interest Rate Cap Provider shall be The Royal Bank of Scotland plc.