Assignment of Rate Cap definition

Assignment of Rate Cap means that certain Collateral Assignment of Interest Rate Protection Agreement of even date herewith from the Borrowers to Lender, constituting an assignment of the Cap and proceeds therefrom as Collateral for the Loan, as same may be amended or modified from time to time.
Assignment of Rate Cap means that certain Assignment of Interest Rate Cap Agreement dated on or about the date hereof, between Lender and Borrower, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Assignment of Rate Cap means a Collateral Assignment of Interest Rate Cap Agreement by Borrower in favor of Administrative Agent for the benefit of the Lenders in the form attached as Exhibit D hereto to be executed and delivered by Borrower in connection with Borrower’s obtaining of any Interest Rate Cap Agreement pursuant to Article XI and to be acknowledged by the applicable Approved Counterparty pursuant to an Acknowledgment, together with any additional assignments in substantially the same form required pursuant to the terms of this Agreement to be executed and delivered by Borrower to Administrative Agent for the benefit of the Lenders in connection with any extension or replacement of any Interest Rate Cap Agreement, in each case, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

More Definitions of Assignment of Rate Cap

Assignment of Rate Cap means that certain Collateral Assignment of Interest Rate Hedge Agreement, dated as of the date hereof, executed by Borrower in connection with the Loan for the benefit of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Assignment of Rate Cap means that certain Collateral Assignment of ---------------------- Interest Rate Protection Agreement of even date herewith from Borrower to Lender, constituting an assignment of the Cap and the proceeds therefrom as Collateral for the Loan, as same may be amended or modified from time to time and any successor assignment thereto delivered in connection with any extension or replacement of the Cap delivered hereunder.

Related to Assignment of Rate Cap