Examples of Accrual Component in a sentence
This use permit prohibits the sale of clothing, posters, and other promotional items.
Prior to the applicable Accretion Termination Date, the interest on the Class A-8 Accrual Component otherwise available for distribution on this Certificate will be added to the Component Principal Balance of such Component on each Distribution Date.
A summary of the consultation process and responses is provided in Appendix 1.
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 Principal Balance in the case of the Class A-6 PAC Component and the Class A-6 Scheduled Accrual Component or the outstanding notional amount in the case of the Class A-6 IO A Component and Class A-6 IO B Component.
Prior to the applicable Accretion Termination Date, the interest accrual on the Class A-6 Scheduled Accrual Component will not be distributed as interest on this Certificate.