Component Principal Balance Sample Clauses
The Component Principal Balance clause defines the outstanding principal amount attributed to a specific component or tranche within a larger financial instrument, such as a mortgage-backed security. This clause details how the principal balance for each component is calculated and adjusted over time, typically reflecting payments, prepayments, or losses allocated to that component. By clearly specifying the principal balance for each part, the clause ensures accurate tracking of obligations and facilitates proper allocation of payments and losses among investors, thereby promoting transparency and reducing disputes.
Component Principal Balance. The Component Principal Balance for Component IIA-8-1 shall be referred to as the "Component IIA-8-1 Principal Balance", the Component Principal Balance for Component IIA-8-4 shall be referred to as the "Component IIA-8-4 Principal Balance" and the Component Principal Balance for Component IIA-8-5 shall be referred to as the "Component IIA-8-5 Principal Balance." The Component Principal Balance of the Interest Only Components shall be zero.
Component Principal Balance. 38 Cooperative ................................................. 39 Cooperative Apartment ....................................... 39
Component Principal Balance. The Component Principal Balance for Component IA-12-1 shall be referred to as the "Component IA-12-1 Principal Balance", the Component Principal Balance for Component IA-12-5 shall be referred to as the "Component IA-12-5 Principal Balance" and the
Component Principal Balance. 16 Cooperative. . . . . . . . . . . . . . . . . . . . . . . . . 16
Component Principal Balance. 13 Component IA-6A................................................................................. 13 Component IA-6A Notional Amount................................................................. 13 Component IA-6B................................................................................. 14 Component IA-6B Notional Amount................................................................. 14 Component IA-6C................................................................................. 14 Component IA-6D................................................................................. 14 Component IA-6E................................................................................. 14 Component IA-6E Notional Amount................................................................. 14 Component IA-6F Accretion Termination Date...................................................... 14 Component IA-6F Accrual Amount.................................................................. 14 Component IA-6F................................................................................. 14
Component Principal Balance. As of the Cut-off Date, the Mortgage Loans had an aggregate Loan Balance equal to $202,118,070.35. As of the Startup Day, the REMIC I Regular Interests have an aggregate Uncertificated Balance equal to $202,118,070.35. In consideration of the mutual agreements herein contained, the Depositor, the Servicer and the Trustee agree as follows:
Component Principal Balance. 29 Company . . . . . . . . . . . . . . . . . . . . . . . . . . . .29
Component Principal Balance. 26 Cooperative................................................................................27
Component Principal Balance. 29 Company . . . . . . . . . . . . . . . . . . . . . . . . . . . .29