Class D Component definition

Class D Component. The Component having such designation.
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Class D Component means in respect of the Class W Combination Notes, a Component thereof, the terms and conditions applicable to which (save for those relating to issuance or transfer thereof) are the same as €3,000,000 in original principal amount of Class D Notes in respect of each€7,000,000 in original principal amount of the Class W Combination Notes.
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Class D 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 Lower-Tier Principal Amount of the Class LD Uncertificated Interest.
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Examples of Class D Component in a sentence

  • These Written Resolutions relate to the Outstanding Class C-1 Notes, Class C-2 Notes and Class D Notes (in each case, including the Class C-1 Component and the Class D Component of the Class T Combination Notes) of Avoca CLO II B.V. (the “Issuer”) constituted by a trust deed (as amended from time to time, the “Trust Deed”) dated 30 November 2004 between, inter alios, the Issuer and Deutsche Trustee Company Limited (the “Trustee”), including the conditions of the Notes set out therein (the “Conditions”).

  • The application of Interest Pro ceeds to m ake a dep osit to the Pre ference Sh are Distribu tion Acco unt to distribute dividends on each Payment Date or make a final distribution in redemption of the Preference Shares on the Preference Share Redemption Date will be subordinate to the payment of accrued and due interest on the Notes (including the Class C Comp onent and the Class D Component) and certain other amounts payable in accordance with the Priority of Payments.

  • However, there remains a remote risk that the German Investment Tax Act could be applied to the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes (and, for the avoidance of doubt, the Class A-2B Component, the Class B Component, the Class C Component, and the Class D Component of the relevant Combination Notes).

  • Class Q Combination Notes: The Class Q Combination Notes consist of three components: aClass C Component, a Class D Component, and a Class G-1 Subordinated Component.

  • The principal amount of the Combination Securities consists of the principal amount of the Class D Notes represented by the Class D Component which is $1,200,000 and the principal amount of the Class E Notes represented by the Class E Component which is $2,800,000.

  • The principal amount of Class D Notes represented by the Class D Component is included in the aggregate principal amount of the Class D Notes.

  • To facilitate the Proposed Liquidation, KCAI proposes to purchase those Class D Notes not already held by it (including, if applicable, the corresponding Class D Component of the Class T Combination Notes) for a purchase price of approximately€150,000 (the “ Class D Note Purchase”).

  • In each case, the corresponding Class C-1 Component and Class D Component of the Class T Combination Notes shall vote together as a Class with the Class C-1 Notes and Class D Notes, as applicable.

  • Interest on the Combination Notes will accrue from the Closing Date, and accrued and unpaid interest will be payable on each Payment Date, if and to the extent funds are available for such purposes from payments received on the underlying Class C Component or Class D Component.

  • The Class C Component Percentage and the Class D Component Percentage will be adjusted, as appropriate, upon an exchange of the applicable Com ponent for the underlying Sec urities.


More Definitions of Class D Component

Class D Component means a component of the beneficial interest in REMIC III evidenced by the Class D Certificates, which component represents a Component Notional Amount equal to the Certificate Balance of the REMIC II Regular Interest D.
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Class D Component. The component of the Class X-B Regular Interest corresponding to the Class D Regular Interest.
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Class D 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 D.
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Class D Component means in respect of the Class P Combination Notes, the Class Q Combination Notes and the Class R Combination Notes, a component thereof, the terms and conditions applicable to which (save for those relating to the issuance or transfer, thereof) are the same as (a) in the case of the Class P Combination Notes, €7,000,000 in original principal amount of Class D Notes in respect of€12,000,000 in original principal amount of the Class P Combination Notes, (b) in the case of the Class Q Combination Notes, €2,000,000 in original principal amount of Class D Notes in respect of€3,150,000 in original principal amount of the Class Q Combination Notes and (c) in the case of the Class R Combination Notes, €1,300,000 in respect of €3,000,000 in original principal amount of the Class R Combination Notes.
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Class D Component means, in respect of each Class T Combination Note, a Component thereof the terms and conditions applicable to which (save those relating to issuance and transfer) are the same as U.S.$9,000,000 original principal amount of Class D Notes in respect of each U.S.$20,000,000 original principal amount of such Class T Combination Note;
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Related to Class D Component

  • Class C Component The Component having such designation.

  • Class B Component The Component having such designation.

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

  • Class E Component The Component having such designation.

  • Class A-1 Component The Component having such designation.

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

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

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

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Class A-3 Component The Component having such designation.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Class D Certificate Any one of the Certificates with a “Class D” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class D Monthly Interest means, for any Distribution Date, one-twelfth (or, in the case of the first Distribution Date, the number of days from and including the Closing Date to but excluding the 15th day of the month in which such Distribution Date occurs, assuming each month has 30 days, divided by 360) of the product of (A) the Class D Rate and (B) the outstanding principal balance of the Class D Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class D Notes on or before such preceding Distribution Date).

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.

  • Class A Principal Percentage means, with respect to any Monthly Period (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class A Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and denominator of which is the Initial Invested Amount.

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Class X-1 Strip Rate With respect to any Distribution Date, the amount, if any, by which (i) the Weighted Average Net Mortgage Rate for such Distribution Date exceeds (ii) the sum of the Class LA-1-2-A Component Class X-2 Strip Rate and the Class A-1 Pass-Through Rate for such Distribution Date.

  • Class D Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class D Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.00000%.

  • Class B Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class B Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class X Strip Rate With respect to each Component for any Distribution Date, a rate per annum equal to: (i) the WAC Rate for such Distribution Date, minus (ii) the Pass-Through Rate for the Corresponding Certificates.

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Class B-1 Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Class D Principal Parity Amount means, with respect to any Distribution Date, the lesser of (I) the excess of (A) the excess, if any, of (x) the aggregate remaining principal balance of the Class A Notes, of the Class B Notes, of the Class C Notes and of the Class D Notes, in each case immediately prior to such Distribution Date over (y) the Pool Balance as of the end of the immediately preceding Collection Period over (B) the sum of the Class A Principal Parity Amount, the Class B Principal Parity Amount and the Class C Principal Parity Amount for such Distribution Date plus any payments made on the Class A Notes, the Class B Notes or the Class C Notes as a Matured Principal Shortfall on such Distribution Date and (II) the amount of Total Available Funds remaining on deposit in the Collection Account after the funding of the items described in clauses (i) through (xii) of Section 5.7(a) on such Distribution Date.