Group II Cap Contract definition

Group II Cap Contract. The Cap Contract between the Trustee and the Cap Counterparty, for the benefit of the Class A-2 Certificates and the Mezzanine Certificates.
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Group II Cap Contract. The cap contract between the Indenture Trustee and the counterparty thereunder for the benefit of the Holders of the Group II Notes.
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Group II Cap Contract. The Cap Contract, dated as of March 30, 2007, between the Trustee and the Cap Counterparty, including any schedule, confirmations, credit support annex or other credit support document relating thereto, and attached hereto as Exhibit J.
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Examples of Group II Cap Contract in a sentence

  • In addition, the amount deposited in the Reserve Fund shall be increased by any payments received by the Securities Administrator under the Group I Cap Contract and deposited into the Reserve Fund for the benefit of the Class A-1 Certificates and the Mezzanine Certificates and under the Group II Cap Contract and deposited in the Reserve Fund for the benefit of the Class A-2 Certificates and the Mezzanine Certificates.

  • The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans and payments received pursuant to the Swap Agreement and the [Group I] [Group II] Cap Contract, all as more specifically set forth herein and in the Agreement.

  • In addition, the amount deposited in the Reserve Fund shall be increased by any payments received by the Securities Administrator under the Group I Cap Contract and deposited into Reserve Fund for the benefit of the Class A-1 Certificates, Mezzanine Certificates and the Class B Certificates and under the Group II Cap Contract and deposited in the Reserve Fund for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates.

  • In addition, the amount deposited in the Reserve Fund shall be increased by any payments received by the Securities Administrator under the Group I Cap Contract and deposited into the Reserve Fund for the benefit of the Class A-1 Certificates, Mezzanine Certificates and the Class B Certificates and under the Group II Cap Contract and deposited in the Reserve Fund for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates.

  • On or before the Closing Date, the Cap Custodian shall establish a Cap Collateral Account with respect to each of the Group I Cap Contract (the “Group I Cap Collateral Account”) and the Group II Cap Contract (the “Group II Cap Collateral Account”).

  • In addition, the amount 104 deposited in the Reserve Fund shall be increased by any payments received by the Securities Administrator under the Group I Cap Contract and deposited into Reserve Fund for the benefit of the Class A-1 Certificates, Mezzanine Certificates and the Class B Certificates and under the Group II Cap Contract and deposited in the Reserve Fund for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates.

  • On or before the Closing Date, the Cap Custodian shall establish a Cap Collateral Account with respect to each of the Group I Cap Contract (the “Group I Cap Collateral Account”) and the Group II Cap Contract (the “Group II Cap Collateral Account”, together with the Group I Cap Collateral Account, the “Cap Collateral Accounts”, and each a “Cap Collateral Account”).

  • On or before the Closing Date, the Cap Custodian shall establish a Cap Collateral Account with respect to each of the Group IA Cap Contract (the “Group I Cap Collateral Account”), the Group IB Cap Contract (the “Group IB Cap Collateral Account”) and the Group II Cap Contract (the “Group II Cap Collateral Account”).

  • In addition to the foregoing, the Trustee shall make, or cause to be made, a deposit into the Distribution Account of any payments made to the Trust under the Group II Cap Contract as described in Section 4.04(l).

  • The Seller further agrees to assign all of its right, title and interest in and to the interest rate cap transaction evidenced by the Group II Cap Contract to, and to cause all of its obligations in respect of such transaction to be assumed by, the Trustee on behalf of the Trust Fund, on the terms and conditions set forth in the assignment agreement between the Seller and the Trustee dated as of September 27, 2001 (a form of which is attached hereto as Exhibit Q).


More Definitions of Group II Cap Contract

Group II Cap Contract. The cap contract between Deutsche Bank National Trust Company, as Trustee and the counterparty thereunder, which is for the benefit of the Holders of the Class A-3 Certificates, the Class A-4 Certificates and the Class A-5 Certificates, a form of which is attached hereto as Exhibit H.
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Group II Cap Contract. The Cap Contract between the Trustee on behalf of the Trust Fund and the counterparty thereunder, for the benefit of the Holders of the Group II Certificates.
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Related to Group II Cap Contract

  • Loan Group II Cap With respect to the Group II Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Group II Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

  • Loan Group I Cap With respect to the Group I Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Group I Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Group III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.