Initial Component Balance definition

Initial Component Balance. As specified in the Preliminary Statement.

Initial Component Balance. Not applicable.

Initial Component Balance. As specified in the Preliminary Statement. Initial LIBOR Rate: 5.32% per annum.

Examples of Initial Component Balance in a sentence

• With respect to any Component (other than a Notional Amount Component) and any Distribution Date, its Initial Component Balance (A) plus any Subsequent Recoveries added to the Component Balance of such Component pursuant to Section 4.02, (B) minus the sum of all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto and increased due to the receipt of Subsequent Recoveries.

• For purposes of calculating distributions of principal and interest and allocation of losses, the Class C-M Certificates will be comprised of two components, having the designations and Initial Component Balances set forth below: Designation Initial Component Balance ----------- ------------------------- C-M-1 Component $12,473,000 C-M-2 Component $11,484,000 Component Certificates..................

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• Excess Losses allocated to the Senior Certificates (other than the Class A-PO and Class A-19 Certificates), the Class A-19 PAC I Component and the Class A-19 TAC Component will be allocated among such Classes and Components pro rata on the basis of their respective Class Certificate Balances or Component Balances, or in the case of a Class of Accrual Certificates or an Accrual Component, the Initial Class Certificate Balance or the Initial Component Balance, if lower.

More Definitions of Initial Component Balance

Initial Component Balance. As to each PO Component, the Component Balance set forth in the Preliminary Statement. The IO Components are interest-only Components and have no Initial Component Balance.

Initial Component Balance. As to each Class A-PO Component, the Component Balance set forth in the Preliminary Statement. The Class SES Components are interest-only Components and have no Initial Component Balance.

Initial Component Balance. As to each Class PO Component, the Component Balance set forth in the Preliminary Statement.

Initial Component Balance. As to each Component, the Component Balance set forth in the Preliminary Statement.

Initial Component Balance. As specified in the Preliminary ------------------------- Statement. Initial LIBOR Rate: Not applicable. ------------------

Initial Component Balance. As to each PO Component, the Component Balance set forth in the Preliminary Statement. The IO Components have no Initial Component Balance.

Initial Component Balance. As specified in the Preliminary Statement. INITIAL LIBOR RATE: 2.10250%.