Class C Component definition

Class C Component. The Component having such designation.

Class C Component means, in respect of the Class X Combination Notes, a component thereof, the terms and conditions applicable to which (save for those relating to issuance or transfer thereof) are the same as €3,000,000 principal amount of Class C Notes in respect of each €6,000,000 in original principal amount of the Class X Combination Notes;

Class C Component. With respect to the Class X Certificates, at any date of determination, that portion of the Notional Amount of the Class X Certificates equal to the Certificate Principal Amount of the Class C Certificates.

Examples of Class C Component in a sentence

• The €1,000,000 principal amount of the Class P Combination Notes issued on the Closing Date will comprise €400,000 principal amount of the Class C Component and €600,000 principal amount of Class E Component.

• The Redemption Price of any Class P Combination Note shall be equal to the sum of the Redemption Prices payable in respect of the Class C Component and the Class E Component.

• The€12,000,000 principal amount of the Class S Combination Notes issued on the Closing Date will comprise€1,000,000 principal amount of the Class C Component and €11,000,000 principal amount of the Class D-3 Component.

• Each Class P Combination Note and Class T Combination Note referred to above consists of two “Components” one of which is either a Class C Component (in respect of the Class P Combination Notes) or a Class E Component (in respect of the Class T Combination Notes) and the other of which is a Class F Component, full details of which are set out in the “ Summary of Terms” below.

• Interest on the Combination Notes will accrue from the Closing Date, and accrued and unpaid interest will be payable on each Payment Date, if and to the extent funds are available for such purposes from payments received on the underlying Class C Component or Class D Component.

More Definitions of Class C Component

Class C Component. The component of the Class X Regular Interest corresponding to the Class C Regular Interest.

Class C Component. The component of the Class X Certificates corresponding to the Class C Certificates.

Class C Component means a component of the beneficial interest in REMIC III evidenced by the Class C Certificates, which component represents a Component Notional Amount equal to the Certificate Balance of the REMIC II Regular Interest C.

Class C Component means a component of the beneficial interest in REMIC III evidenced by the Class C Certificates, which component represents a Certificate Balance equal to the Certificate Balance of the REMIC II Regular Interest C.

Class C Component. Any of the Class C-1 Component, Class C-2 Component or Class C-3 Component.

Class C Component. One of the 64 Components of the Class X-C Certificates and one of the 58 Components of the Class X-P Certificates, having a Notional Amount equal to the Lower-Tier Principal Amount of the Class LC Uncertificated Lower-Tier Interest.

Class C Component means a component of the Class X Certificates, which component represents a Component Notional Amount equal to the Certificate Balance of the REMIC II Regular Interest C.