Class A-3 Component definition

Class A-3 Component. The Component having such designation.
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Class A-3 Component. With respect to the Class X Certificates, at any date of determination, that portion of the Notional Amount of the Class X Certificates equal to the Certificate Principal Amount of the Class A-3 Certificates.
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Class A-3 Component means a component of the beneficial interest in REMIC III evidenced by the Class A-3 Certificates, which component represents a Component Notional Amount equal to the Certificate Balance of the REMIC II Regular Interest A-3.
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More Definitions of Class A-3 Component

Class A-3 Component means a component of the Class X Certificates, which component represents a Component Notional Amount equal to the Certificate Balance of the REMIC II Regular Interest A-3.
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Related to Class A-3 Component

  • Class A-4 Component The Component having such designation.

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

  • Class C Component The Component having such designation.

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

  • Class A-3 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-3 Rate and (B) the outstanding principal balance of the Class A-3 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-3 Notes on or before such preceding Distribution Date).