Class X-2 Component definition
Class X-2 Component. As to the Class X-2 Certificates, any one of the Class X Components applicable to such Class set forth under the definition of "REMIC II Regular Interests".
Class X-2 Component. A component of the Class X Interest representing a ------------------- specified portion of the interest payments on the Class MTN4, Class MTN5 and Class MTN6 Interests and entitled to the Class X-2 Component Remittance Amount.
Class X-2 Component. The Class X-2 Group 3 Component or the Class X-2 Group 5 Component, as applicable.
More Definitions of Class X-2 Component
Class X-2 Component. A regular interest in REMIC III that has a notional amount as of any date equal to the principal balance of the Class MT-2 Interest and bears interest at a rate equal to (i) the Pass-Through Rate for the Class A-1 Certificates minus (ii) the REMIC III Group I Interest Rate.