Component A-3 definition

Component A-3 means the component of the Loan designated as “A-3” in Section 2.1.5 hereof.
Component A-3 means one of the 22 components of the Class A-X Certificates having a Component Notional Amount equal to the then current Lower-Tier Principal Amount of the Class LA-3 Uncertificated Interest as of any date of determination.
Component A-3 means the portion of the Interest Only Certificates representing the part of the entitlement of such Certificate to interest at the Component A-3 Rate applied to the Component A-3 Notional Amount as further set forth herein and in the Sale and Servicing Agreement.

Examples of Component A-3 in a sentence

  • DOCS shall compensate CONTRACTOR not more than the amount of $1,660,275.50 for the provision of services set forth in Exhibits B and C, which shall be paid on a bed-per-day basis as follow: Component A-3 (Lincoln - 65) 69.98 per bed per day BILLED MONTHLY, IN ARREARS, BASED ON USE OR ACTUAL SERVICE RECEIVED, ON PRESENTATION OF STATE VOUCHER.

  • With respect to payments received on the Note Component A pursuant to this Section 2.3.1, such payments will be applied: (a) first, to the payment of interest due and payable on Note Component A-1; (ii) second, to the payment of interest due and payable on Note Component A-2, (iii) third, to the payment of interest due and payable on Note Component A-3, and (iv) fourth, to the payment of interest due and payable on Note Component A-4.


More Definitions of Component A-3

Component A-3 has the meaning given in the Trust Agreement.

Related to Component A-3

  • Class D Component The Component having such designation.

  • Component Principal Balance As of any date of determination, either the PO-1 Component Principal Balance on such date or the PO-2 Component Principal Balance on such date as applicable.

  • Class C Component The Component having such designation.

  • Class A-4 Component The Component having such designation.

  • Component Interest Rate Not applicable.

  • Class A-2 Component The Component having such designation.

  • Class A-1 Component The Component having such designation.

  • Component Notional Amount Not applicable.

  • Class B Component The Component having such designation.

  • Class A-S Component The Component having such designation.

  • Component Certificates As specified in the Preliminary Statement.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Subordinate Component Balance For any of Loan Group I, Loan Group II, Loan Group III, Loan Group IV or Loan Group V, as of any date of determination, the then outstanding aggregate Stated Principal Balance of the Mortgage Loans in that Loan Group minus the sum of the then outstanding aggregate Class Principal Balance of the related Classes of Class A Certificates.

  • Class E Component The Component having such designation.

  • Component Balance With respect to any Component and any Distribution Date, the Initial Component Balance thereof on the Closing Date, (A) plus any increase in the Component Balance of such Component pursuant to Section 4.02 due to the receipt of Subsequent Recoveries, (B) minus the sum of all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto on previous Distribution Dates.

  • Class D Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Lower-Tier Principal Amount As described in the Preliminary Statement.

  • Class C Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Class D Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.00000%.

  • Accrued Component Interest With respect to each Component for any Distribution Date, one month’s interest at the Class X Strip Rate applicable to such Component for such Distribution Date, accrued on the Component Notional Amount of such Component outstanding immediately prior to such Distribution Date. Accrued Component Interest shall be calculated on a 30/360 Basis and, with respect to any Component and any Distribution Date, shall be deemed to accrue during the calendar month preceding the month in which such Distribution Date occurs.

  • Original Lower-Tier Principal Amount With respect to any Class of Uncertificated Lower-Tier Interest, the initial principal amount thereof as of the Closing Date, in each case as specified in the Preliminary Statement.

  • Class A-3 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.8600%.

  • SPE Component Entity shall have the meaning set forth in Section 5.1 hereof.

  • Class B-1 Pass-Through Rate For the first Distribution Date, 6.4350% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-1 Margin, (2) the Weighted Average Available Funds Cap for such Distribution Date and (3) the Weighted Average Maximum Rate Cap for such Distribution Date.

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.