Companion Component definition

Companion Component means, for each respective Distribution Date, the difference between the Certificate Balance and the PAC Component.
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Companion Component. Either the Pool 1 Companion Component or the Pool 2 Companion Component, as applicable.
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Companion Component shall have the meaning specified in Section 8.11.
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Examples of Companion Component in a sentence

  • Amounts otherwise payable with respect to the Pool 1 REMIC Companion Component will be treated as used to make payments in respect of the interest rate cap contracts written in favor of the holders of the Class A-1 Certificates before amounts payable with respect to the Pool 1 REMIC NAS Component are so treated.

  • Prior to the Class A-10 Group I Accrual Companion Component Accretion Termination Date, no distribution of interest on this Certificate with respect to its Class A-10 Group I Accrual Companion Component will be made.

  • The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class A-10 Certificates with respect to their Class A-10 Group I Accrual Companion Component and Class A-10 Group II Accrual Companion Component.

  • Prior to the Class A-7 Group II Accrual Companion Component Accretion Termination Date, no distribution of interest on this Certificate with respect to its Class A-7 Group II Accrual Companion Component will be made.

  • The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class A-7 Certificates with respect to their Class A-7 Group I Accrual Companion Component and Class A-7 Group II Accrual Companion Component.

  • Discussions included both ground‐based lunar and Star systems and satellite systems.

  • Prior to the Class A-7 Group I Accrual Companion Component Accretion Termination Date, no distribution of interest on this Certificate with respect to its Class A-7 Group I Accrual Companion Component will be made.

  • When the EPA does decide to loosen a NAAQS, Congress applied the non-regression principle in the Clean Air Act: the EPA must put in place “anti-backsliding measures for all areas that have not attained that standard as of the date of the relaxation.”104 These measures “shall provide for controls which are not less stringent than the controls applicable to areas designated nonattainment before such relaxation.”10597 Id. § 1342(b)(1)(B).98 Id. § 1342(o).

  • Currently, seawater desalination is not a cost-effective option as it is still cheaper to import water from northern California and the Colorado River.

  • Water is the most important raw material used in manufacturing and should be from an approved source.


More Definitions of Companion Component

Companion Component. The Component of the Class X-2 Certificates related to the Pool 1 Mortgage Loans.
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Companion Component means, for each Distribution Date, the difference between (i) the Pool Balance and (ii) the PAC Component.
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Related to Companion Component

  • Companion Class With respect to each Lower Tier Regular Class, any Class of Trust Fund Certificates appearing opposite such Lower Tier Regular Class in the Lower Tier Schedule.

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion Loan on and after the related Servicing Shift Date.

  • Companion means any of the following:

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

  • Companion Loan As defined in the Preliminary Statement.

  • REO Companion Loan Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • Serviced Companion Loan Holder The holder of a Serviced Companion Loan.

  • Serviced Loan Combination A Loan Combination that is being serviced pursuant to this Agreement. The only Serviced Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type,” together with any Servicing Shift Loan Combinations. A Servicing Shift Loan Combination will no longer be a Serviced Loan Combination on and after the related Servicing Shift Date.

  • Serviced Pari Passu Companion Loan Holder A holder of a Serviced Pari Passu Companion Loan.

  • Pari Passu Companion Loan A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement, is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.

  • Whole Loan As defined in the Introductory Statement.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Traveling Companion means a person or persons with whom the Insured has coordinated travel arrangements and intends to travel with during the Trip. A group or tour leader is not considered a traveling companion unless the Insured is sharing room accommodations with the group or tour leader.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Companion Loan Holder The holder of a Companion Loan.

  • Subordinate Companion Loan A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Loan Combination shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table.

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Travelling Companion means an individual or individuals travelling with the Insured/Insured Person, provided that, the Insured and such individual(s) are travelling to the same destination and on the same date and such individual(s) is/are also insured under this Policy. For the purpose of this definition, any individual(s) forming part of a group travelling on a tour arranged by a Travel Agent or a tour operator shall not be considered as Travelling Companion, unless the individual(s) is/are part of the family of the Insured/Insured Person.