Component definition

Component means an article, material, or supply incorporated directly into an end product.
Component means an article, material, or supply incorporated directly into a construction material.
Component. As specified in the Preliminary Statement.

Examples of Component in a sentence

  • The portion of the Cash Component and the Share Component allocated to each of the Company and Sponsor pursuant to this Section 7.2(a)(ii) shall be referred to herein as such party’s “Allocated Cash Component” and “Allocated Share Component” (as applicable).

  • Any Equity Securities received by the SPAC Underwriter in satisfaction of the Share Component shall be subject to customary lock-up provisions and shall be held by the SPAC Underwriter in compliance with applicable securities Laws and the rules of the applicable stock exchange.

  • Any realized losses (including reductions by a bankruptcy court) applied to reduce the principal balance of the Mortgage Loan (and correspondingly any Note) shall be reimbursed to the Notes in Sequential Order and to the corresponding Components of such Note in Component Sequential Order after all amounts of interest and principal have otherwise been paid in full on such Note.

  • Principal received on the International Plaza Mortgage Loan pursuant to the foregoing shall be applied to the Components sequentially to Component A and Component B, in that order, in each case until the outstanding principal balance of each such Component is reduced to zero.

  • Interest received on the International Plaza Mortgage Loan pursuant to the foregoing shall be applied to the Components sequentially to Component A and Component B, in that order, in each case to pay all accrued and outstanding interest on the International Plaza Mortgage Loan.


More Definitions of Component

Component means any item supplied to the Government as part of an end product or of another component.
Component means any article, material, or supply incorporated directly into construction material.
Component means an article, material, or supply incorporated directly into a construction material. “Construction material” means an article, material, or supply brought to the construction site by the Contractor or subcontractor for incorporation into the building or work. The term also includes an item brought to the site preassembled from articles, materials, or supplies. However, emergency life safety systems, such as emergency lighting, fire alarm, and audio evacuation systems, that are discrete systems incorporated into a public building or work and that are produced as complete systems, are evaluated as a single and distinct construction material regardless of when or how the individual parts or components of those systems are delivered to the construction site.
Component. With respect to the Class X-A Certificates, 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; with respect to the Class X-B Certificates, the Class B Component; and with respect to the Class X-D Certificates, the Class D Component.
Component. X-A-1A-13": One of the sixty components of the Class XC Certificates and one of the fifty-four components of the Class XP Certificates having a Component Notional Amount equal to the then current REMIC I Principal Balance of REMIC I Regular Interest LA-1A-13 as of any date of determination.
Component means either the tank or ancillary equipment of a tank system.
Component means any article, material, or supply, whether manufactured or unmanufactured, directly incorporated into a product at the point of final assembly. In construction projects, materials delivered to the job site and incorporated directly into the improvement are components.