Interest Components definition

Interest Components means the Collections deriving from the interest component of each Instalment, the Prepayment Fees and any other amount which is not a Principal Component;
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Interest Components means the components of an Eligible Bond that are each future interest payment due on or prior to the Maturity Date.
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Interest Components means the 2022 Purchase Payments other than the Principal Components.
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Examples of Interest Components in a sentence

  • If so provided in the applicable Supplemental Agreement, Debt Securities may be separated by a Holder into one or more Interest Components and Principal Components.

  • Holders of Interest Components will have no right to give or withhold such consent.

  • There is no assurance that if the City were to condemn the Trustee’s interest under the Base Lease or the Lease Agreement that the condemnation award would be sufficient to pay the outstanding Principal Components and Interest Components with respect to the Series 2018 Certificates.

  • It may be that Owners of the Series 2020 Certificates would continue to hold their certificates, receiving Principal Components and Interest Components as and when due, but would be required to include such payments of Interest Component in gross income for federal income tax purposes.

  • If so provided in the applicable Supplemental Agreement, Debentures and Medium-Term Notes may be separated by a Holder into one or more Interest Components and a Principal Component.

  • If any modification, amendment or supplement of the terms of an issue of Debt Securities that have been separated into Interest Components and Principal Components requires the consent of Holders, only the Holders of Principal Components will be entitled to give or withhold that consent.

  • Except for the Certificate Payment Fund, no sinking fund or other similar fund that is expected to be used to pay Principal Components or Interest Components relating to the Certificates has been established or is expected to be established.

  • It may be that Owners of the Series 2018 Certificates would continue to hold their certificates, receiving Principal Components and Interest Components as and when due, but would be required to include such payments of Interest Component in gross income for federal income tax purposes.

  • The Local Agency will at all times do and perform all acts and things permitted by law which are necessary or desirable in order to assure that the Interest Components of the Installment Payments will not be included in gross income of the Owners of the Certificates for federal income tax purposes under the Code, and will take no action that would result in such interest being so included.

  • Such mandatory prepayment shall include all unpaid interest on the Outstanding Balance to be prepaid (and the corresponding Interest Components of the Installment Payments to be prepaid) accrued to the date of such prepayment, without penalty or premium, and concurrently therewith the City shall pay all other Additional Payments then due and payable to the WIFIA Credit Provider and the Assignee.


More Definitions of Interest Components

Interest Components means the 2015-A Purchase Payments other than the Principal Components.
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Interest Components means the collections deriving from the interest component of each Instalment and the amounts due in respect of expenses, commissions for direct debit payments, collection commissions (unless waived by the Servicer in accordance with the Servicing Agreement), Prepayment Fees, any recoveries received in respect of any Defaulted Claims (including the interest components of any recoveries received in respect of any Defaulted Claims) and any other amount which is not a Principal Component.
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Interest Components means the 2024-A Purchase Payments other than the Principal Components.
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Interest Components means the 2020 Purchase Payments other than the Principal
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Interest Components means the 2016 Purchase Payments other than the Principal Components.
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Interest Components means the 2015-A Purchase Payments (Second Lien Qualified Obligations) other than the Principal Components.
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Related to Interest Components

  • 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.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • 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.

  • Accrual Components As specified in the Preliminary Statement.

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

  • Class B Component The Component having such designation.

  • Bearing components means the bearing element, retainer, inner race, or outer race.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Class C Component The Component having such designation.

  • Components means articles, materials, and supplies incorporated directly into end products at any level of manufacture, fabrication, or assembly by the Contractor or any subcontractor.

  • Component Principal Balance As of any Distribution Date, and with respect to any Component, other than any Notional Component, the initial Component Principal Balance thereof (as set forth, as applicable, in the definition of Component) (plus, in the case of any Accrual Component, any related Accrual Amount for each previous Distribution Date) less the sum of (x) all amounts distributed in reduction thereof on previous Distribution Dates pursuant to Section 4.01 and (y) the amount of all Realized Losses allocated thereto pursuant to Section 4.03(d).

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

  • Class D Component The Component having such designation.

  • Activated reserve components means members of the reserve component of the uniformed services who have received a notice of intent to deploy or mobilize under Title 10 of the United States Code, Title 32 of the United States Code, or state mobilization to active duty.

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

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

  • Component Interest Rate Not applicable.

  • Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data. "Calculation Agent" means the Calculation Agent as specified in § 2 (2) of the General Conditions.

  • Removed Components means components of the Project or portions thereof which the Company or any Sponsor Affiliate in its sole discretion, elects to remove from the Project pursuant to Section 4.04 hereof or as a result of any Condemnation Event.

  • Blood component means that part of blood separated by physical or mechanical means.

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

  • Fixed Rate Certificates As specified in the Preliminary Statement.

  • Optimal Interest Remittance Amount For each Distribution Date, the product of (A) (x) the weighted average of the Net Mortgage Rates for the Mortgage Loans as of the first day of the related Collection Period divided by (y) 12 and (B) the Aggregate Loan Balance as of the first day of the related Collection Period (not including for this purpose Mortgage Loans for which prepayments in full have been received and distributed in the month prior to that Distribution Date).

  • Class E Component The Component having such designation.

  • Adjustable Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.