Principal Only Components definition

Principal Only Components. The Class A-X-2 PO-1 Component and Class A-X-2 PO-2 Component.
Sample 1Sample 2Sample 3
Principal Only Components. Components 1A-P-1 and 1A-P-2 of the Class 1A-P Certificates and Components 2A-P-1 and 2A-P-2 of the Class 2A-P Certificates.
Sample 1Sample 2
Principal Only Components. The Class AP(1) and AP(2) Components.
Sample 1

Examples of Principal Only Components in a sentence

  • With respect to the Class 1-X, Class 2-X and Class B-X Certificates and each Distribution Date, any amount of Net Deferred Interest that is allocated to the that Component on such Distribution Date will be added as principal to the outstanding Component Principal Balances of the related Principal Only Components.

  • Notwithstanding the foregoing, however, on each Distribution Date, the Principal Only Components will receive the Discount Fraction of all principal payments, including, without limitation, Principal Prepayments, received in respect of each Discount Loan.

  • Principal Only Components Class X PO-1 and Class X PO-2 Components.

  • If on any Distribution Date the allocation to the Certificates (other than the Principal Only Components) of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Certificates (other than the Principal Only Components) below zero, the Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero.


More Definitions of Principal Only Components

Principal Only Components. Component A-5-3 of the Class A-5 Certificates and Component A-11-3 of the Class A-11 Certificates.
Sample 1
Principal Only Components. As specified in the Preliminary Statement.
Sample 1
Principal Only Components. Any Component entitled to distributions of principal, but to no distributions of interest. The Class 1-X-PO and Class 2-X-PO Components are the only Principal Only Components.
Sample 1

Related to Principal Only Components

  • Accrual Components As specified in the Preliminary Statement.

  • Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.

  • 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.

  • Qualifying country component means a component mined, produced, or manufactured in a qualifying country.

  • 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.

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

  • Critical Component means a part identified as critical by the design approval holder during the product type validation process, or otherwise by the exporting authority. Typically, such components include parts for which a replacement time, inspection interval, or related procedure is specified in the Airworthiness Limitations section or certification maintenance requirements of the manufacturer’s maintenance manual or Instructions for Continued Airworthiness.

  • Structural components means liners, leachate collection systems, final covers, run-on/run-off systems, and any other component used in the construction and operation of the MSWLF that is necessary for protection of human health and the environment.

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • Third Party Components means software and interfaces, licensed by RIM from a third party for incorporation into a RIM software product, or for incorporation into firmware in the case of RIM hardware products, and distributed as an integral part of that RIM product under a RIM brand, but shall not include Third Party Software.

  • Modular building manufacturer means a person or corporation who owns or operates a

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

  • Alternative nicotine product means any noncombustible product containing nicotine that is not made of tobacco and is intended for human consumption, whether chewed, absorbed, dissolved, or ingested by any other means. "Alternative nicotine product" does not include any nicotine vapor product or any product regulated as a drug or device by the U.S. Food and Drug Administration (FDA) under Chapter V (21 U.S.C. § 351 et seq.) of the Federal Food, Drug, and Cosmetic Act.

  • 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.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

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

  • Daily Compounded XXXXX means, for any day, XXXXX with interest accruing on a compounded daily basis, with the methodology and conventions for this rate (which will include compounding in arrears with a lookback) being established by the Administrative Agent in accordance with the methodology and conventions for this rate selected or recommended by the Relevant Governmental Body for determining compounded XXXXX for business loans; provided that if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may (in consultation with the Borrower) establish another convention in its reasonable discretion; and provided that if the administrator has not provided or published XXXXX and a Benchmark Replacement Date with respect to XXXXX has not occurred, then, in respect of any day for which XXXXX is required, references to XXXXX will be deemed to be references to the last provided or published XXXXX. Any change in Daily Compounded SOFR due to a change in XXXXX shall be effective from and including the effective date of such change in XXXXX without notice to the Borrower.

  • Service Component means an individual component of a Service provided under this Agreement.

  • Class D Component The Component having such designation.

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Capital components means those items, whether or not a part of the common area, for which the association has the obligation for repair, replacement or restoration and for which the board of directors determines funding is necessary.

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

  • 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.

  • Combination Product means a product (a) containing a Licensed Product together with one or more other active ingredients, or (b) with one or more products, devices, pieces of equipment or components, but sold for an integrated price (e.g., with the purchase of one product the customer gets a coupon for the other) or for a single price.

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

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.