Examples of TAC Component in a sentence
The Class A-19 PAC IO Component, the Class A-19 PAC I Component, the Class A-19 TAC IO Component and the Class A-19 TAC Component (collectively, the "Components") shall also constitute "regular interests" in the Upper-Tier REMIC.
Interest with respect to each Component will accrue during each month in an amount equal to the product of (i) 1/12th of the Component Rate for such Component and (ii) the outstanding Component Balance in the case of the Class A-19 PAC I Component and the Class A-19 TAC Component or the outstanding notional amount in the case of the Class A-19 PAC IO Component and the Class A-19 TAC IO Component.
As Checkbook declined to release Medicare data in 2009, Plaintiffs claim, three decades of evolved fact and law must be irrelevant and only Checkbook, a decision that turned on a materially different request and a materially different record, is controlling.
The component rate (the "Component Rate") for the Class A-19 PAC I Component will be 7.125% per annum and the Component Rate for the Class A-19 PAC IO Component, the Class A-19 TAC IO Component and the Class A-19 TAC Component will be 7.750% per annum.
As used above, the "TAC Principal Amount" for any Distribution Date and the Class of TAC Certificates or the TAC Component means the amount, if any, that would reduce the Principal Balance of such Class or Component to the percentage of its Original Principal Balance shown in the related table set forth below with respect to such Distribution Date.
The following tables set forth for each Distribution Date the planned Principal Balances for the PAC Certificates and the PAC Component, the targeted Principal Balances for the TAC Certificates and the TAC Component and the scheduled Principal Balances for the Scheduled Certificates and the Scheduled Component, expressed as a percentage of the Original Principal Balance of each Class.
For the purposes of determining distributions of interest and in reduction of Class Certificate Balance, the Class A-19 Certificates consist of four components (each, a "Component" and individually, the "Class A-19 PAC IO Component," the "Class A-19 PAC I Component," the "Class A-19 TAC IO Component and the "Class A-19 TAC Component").
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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.