Notional Amount Component definition
Examples of Notional Amount Component in a sentence
Each Class of Component Certificates is composed of a Notional Amount Component and a Principal and Interest Component.
Certificates is composed of a Notional Amount Component and a either a Principal and Interest Component (in the case of the Class 1-X-1, Class 2-X, Class 3-X-1, Class 4-X-1, Class 5-X, Class 6-X and Class M-X Certificates) or a Principal Only Component (in the case of the Class 1-X-2, Class 3-X-2 and Class 4-X-2 Certificates).
The following table sets forth each Class of Component Certificates, its Notional Amount Component, its Principal and Interest Component, the respective initial Component Notional Amount or Component Principal Balance, as the case may be, and Pass-Through Rate.
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.
If ▇▇▇▇ decides to extend the term of the SSR Agreement, the parties shall re-negotiate the SSR Agreement and MISO shall re-file it for the extended service with the Federal Energy Regulatory Commission.
The following table sets forth each Class of Component Certificates, its Notional Amount Component, its Principal and Interest Component or Principal Only Component, as the case may be, the respective initial Component Notional Amount or Component Principal Balance, as the case may be, and Pass-Through Rate.