Class A-2 Component The Component having such designation.
Class C Component The Component having such designation.
Component Interest Rate Not applicable.
Class D Component The Component having such designation.
Component Notional Amount Not applicable.
Component part means any part of a vehicle, other than a tire, having a component part number.
Class B-1 Pass-Through Rate For the first Distribution Date, 6.3300% 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.
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 B-3 Pass-Through Rate For the first Distribution Date, 4.120% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-3 Margin, (2) the Weighted Maximum Rate Cap and (3) the Available Funds Cap for such Distribution Date.
Class A-1 Component The Component having such designation.
Class B-2 Pass-Through Rate For the first Distribution Date, 6.850% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-2 Margin,
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 A-4 Component The Component having such designation.
Regular Interest A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code.
Class A-S Component The Component having such designation.
Initial Component Balance As specified in the Preliminary Statement.
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.
NI 51-101 means National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities;
Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.
-Through Rate As to each Class of interest-bearing Certificates, the per annum rate set forth or described in the Preliminary Statement.
Class D Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.00000%.
Remittance Rate With respect to each Mortgage Loan, the related Note Rate minus the Servicing Fee Rate.
Corresponding Lower-Tier Regular Interest As identified in the Preliminary Statement with respect to any Class of Regular Certificates, Class PEZ Regular Interest or Component.
Class B Component The Component having such designation.
Lower-Tier Regular Interest Each of the Class LT-A-1, Class LT-A-2, Class LT-A-3, Class LT-A-4, Class LT-M-1, Class LT-M-2, Class LT-M-3, Class LT-M-4, Class LT-M-5, Class LT-M-6, Class LT-B-1, Class LT-B-2, Class LT-B-3, Class LT-IO and Class LT-Accrual Interests as described in the Preliminary Statement.
Class A-2 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.0008%.