Accrual Components definition
Examples of Accrual Components in a sentence
On each Distribution Date, each Uncertificated Lower-Tier Interest shall receive distributions in respect of interest in an amount equal to the Interest Accrual Amounts and Unpaid Interest Shortfalls, as the case may be, in respect of its Corresponding Upper-Tier Class, Classes, Component or Components, in each case to the extent actually distributed (or, in the case of a the Accrual Certificates or the Accrual Components, added to their Principal Balance) thereon.
Class 1-A-5, Class 1-A-6 and Class 1-A-7 Certificates Accrual Components...........
Except as provided below in the case of the Accrual Components, interest on each Class of interest-bearing Trust Fund Certificates for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date.