Common use of Class PO Certificates Clause in Contracts

Class PO Certificates. Components..................................For purposes of calculating distributions of principal and/or interest, the Component Certificates, if any, will be comprised of multiple payment components having the designations, Initial Component Balances or Notional Amounts, as applicable, and Pass-Through Rates set forth below: Initial Designation Component Balance Pass-Through Rate ----------- ----------------- ----------------- Class PO-1 Component $58,998 (1) Class PO-2 Component $3,011,222 (1) Class PO-3 Component $872,455 (1) Class PO-4 Component $1,740,904 (1) Class PO-5 Component $25,991 (1) (1) This component does not bear interest

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwalt Inc)

AutoNDA by SimpleDocs

Class PO Certificates. Components..................................For purposes of calculating distributions of principal and/or interest, the Component Certificates, if any, will be comprised of multiple payment components having the designations, Initial Component Balances or Notional Amounts, as applicable, and Pass-Through Rates set forth below: Designation Initial Designation Component Balance Pass-Through Rate Principal Balance ----------- ----------------- ----------------- Class PO-1 Component $58,998 767,404 (1) Class PO-2 Component $3,011,222 (1) Class PO-3 Component $872,455 (1) Class PO-4 Component $1,740,904 (1) Class PO-5 Component $25,991 283,315 (1) (1) This component does not bear interest.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Class PO Certificates. Components..................................For purposes of calculating distributions of principal and/or interest, the Component Certificates, if any, will be comprised of multiple payment components having the designations, Initial Component Balances or Notional Amounts, as applicable, and Pass-Through Rates set forth below: Class PO Certificates Initial Component Designation Component Principal Balance Pass-Through Rate ----------- ----------------- ----------------- Class PO-1 Component $58,998 682,637 (1) Class PO-2 Component $3,011,222 $ 98,926 (1) Class PO-3 Component $872,455 (1) Class PO-4 Component $1,740,904 (1) Class PO-5 Component $25,991 (1) (1) This component does not bear interest)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Class PO Certificates. Components.............................................................For purposes of calculating distributions of principal and/or interest, the Component Certificates, if any, will be comprised of multiple payment components having the designations, Initial Component Balances or Notional Amounts, as applicable, and Pass-Pass- Through Rates set forth below: Designation Initial Designation Component Balance Pass-Through Rate ----------- ----------------- ----------------- Component Balance Class PO-1 Component $58,998 2,713 (1) Class PO-2 Component $3,011,222 (1) Class PO-3 Component $872,455 (1) Class PO-4 Component $1,740,904 (1) Class PO-5 Component $25,991 1,500,037 (1) (1) This component does not bear interest.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-45t1)

AutoNDA by SimpleDocs

Class PO Certificates. Components..................................For purposes of calculating distributions of principal and/or interest, the Component Certificates, if any, will be comprised of multiple payment components having the designations, Initial Component Balances or Notional Amounts, as applicable, and Pass-Through Rates set forth below: Initial Component Designation Component Principal Balance Pass-Through Rate ----------- ----------------- ----------------- Class PO-1 Component $58,998 900,567 (1) Class PO-2 Component $3,011,222 (1) Class PO-3 Component $872,455 (1) Class PO-4 Component $1,740,904 (1) Class PO-5 Component $25,991 798,921 (1) (1) This component does not bear interest.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Class PO Certificates. Components..................................For purposes of calculating distributions of principal and/or interestdistributions, the Component Certificates, if any, Certificates will be comprised of multiple payment components having the designations, Initial Component Balances or Notional Amounts, as applicable, and Pass-Through Rates set forth below: Initial Component Class PO Certificates Principal Designation Component Balance Pass-Through Rate ----------- ----------------- ------- ----------------- Class PO-1 Component $58,998 772,336 (1) Class PO-2 Component $3,011,222 658,624 (1) Class PO-3 Component $872,455 $ 15,279 (1) Class PO-4 Component $1,740,904 (1) Class PO-5 Component $25,991 (1) (1) This component does not bear interest)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.