Class A-AB Component definition
Class A-AB Component. The Component having such designation.
Class A-AB Component means a component of the beneficial interest in REMIC III evidenced by the Class A-AB Certificates, which component represents a Certificate Balance equal to the Certificate Balance of the REMIC II Regular Interest A-AB.
Class A-AB Component. One of the 64 Components of the Class X-C Certificates and one of the 58 Components of the Class X-P Certificates, having a Notional Amount equal to the Lower-Tier Principal Amount of the Class LA-AB Uncertificated Lower-Tier Interest.