Examples of Subordinate Net Rate Cap in a sentence
In each case, Principal Relocation Payments shall be made to cause the Calculation Rate in respect of the outstanding Class I3 and Class I4 Interests to equal the Adjusted Subordinate Net Rate Cap.
Purchase of 2019 requirements of spray patch mix emulsion, as needed with a one-year renewal option.
In each case, Principal Relocation Payments shall be made to cause the Calculation Rate in respect of the outstanding Class I1 and Class I2 Interests to equal the Subordinate Net Rate Cap.
In the event that a Cross-Over Situation exists with respect to the Class I3 and Class I4 Interests on any Distribution Date, and the Calculation rate in respect of the outstanding Class I3 and Class I4 interests is greater than the Adjusted Subordinate Net Rate Cap, a Principal Relocation Payment shall be made proportionately made to the outstanding Class I4 Interests prior to any other Principal Distributions from each such Loan Group.
In the event that a Cross-Over Situation exists with respect to the Class I3 and Class I4 Interests on any Distribution Date, and the Calculation Rate in respect of the outstanding Class I3 and Class I4 Interests is less than the Adjusted Subordinate Net Rate Cap, a Principal Relocation Payment shall be made proportionately made to the outstanding Class I3 Interests prior to any other Principal Distributions from each such Loan Group.