Original Component Balance definition
Original Component Balance. With respect to any date of determination and Loan Group, the related Component Balance as of the Initial Cut-off Date.
Original Component Balance. With respect to each Component, the amount set forth opposite its Component designation: B-1-I $ 898,498.00 B-1-II $ 1,291,502.00 B-2-I $ 593,802.00 B-2-II $ 861,198.00 B-3-I $ 593,802.00 B3-II $ 861,198.00 B-4-I $ 593,802.00 B-4-II $ 861,198.00 B-5-I $ 297,105.00 B-5-II $ 430,895.00 B-6-I $ 296,467.00 B-6-II $ 429,969.31
Original Component Balance. With respect to any Class AB Component, the principal balance of such Class AB Component as of the Issue Date as set forth in the definition of “Class AB Component.”
Examples of Original Component Balance in a sentence
As to any Distribution Date and Component, the Original Component Balance of such Component multiplied by the then-applicable Component Factor for such Component.