Component B definition

Component B. As defined in the Preliminary Statement.
Component B shall have the meaning assigned to such term in the preamble to this Agreement.
Component B means the component of the Loan designated as “B” in Section 2.11 hereof.

Examples of Component B in a sentence

  • Interest received on the ILPT 2025 Portfolio Mortgage Loan pursuant to the foregoing shall be applied to the Components sequentially to Component A, Component B and Component C, in that order, in each case to pay all accrued and outstanding interest on the ILPT 2025 Portfolio Mortgage Loan.

  • Principal received on the ILPT 2025 Portfolio Mortgage Loan pursuant to the foregoing shall be applied to the Components sequentially to Component A, Component B and Component C, in that order, in each case until the outstanding principal balance of each such Component is reduced to zero.


More Definitions of Component B

Component B as defined in the Mortgage Loan Agreement.
Component B is defined to mean an aqueous solution comprising of Expanding Agent, and water.
Component B. One of the three (3) components of each A Note provided under the Loan Agreement and designated as Component B.
Component B shall have the meaning assigned to such term in the recitals of this Agreement.
Component B is defined to mean an aqueous solution comprising (1) a “Foam Product B”, and (2) water.
Component B means one of the twenty-four components of the Class A-X Certificates and one of the fourteen components of the Class A-SP Certificates having a Component Notional Amount equal to the then current Lower-Tier Principal Amount of the Class LB Uncertificated Interest as of any date of determination.
Component B means, collectively, “Component A-B”, “Component B-B” and “Component B-B-C”, each as defined in the Mortgage Loan Agreement.