Component C definition
Component C. As defined in the Preliminary Statement.
Component C shall have the meaning assigned to such term in the preamble to this Agreement.
Component C means the component of the Loan designated as “C” in Section 2.11 hereof.
Examples of Component C in a sentence
Interest received on the ILPT 2025 Portfolio Mortgage Loan pursuant to the foregoing shall be applied to the Components sequentially to Component A, Component B and Component C, in that order, in each case to pay all accrued and outstanding interest on the ILPT 2025 Portfolio Mortgage Loan.
Principal received on the ILPT 2025 Portfolio Mortgage Loan pursuant to the foregoing shall be applied to the Components sequentially to Component A, Component B and Component C, in that order, in each case until the outstanding principal balance of each such Component is reduced to zero.
More Definitions of Component C
Component C shall have the meaning assigned to such term in the recitals of this Agreement.
Component C. One of the three (3) components of each B Note provided under the Mortgage Loan Agreement and Componentization Notice and designated as Component C.
Component C means, collectively, “Component A-C”, “Component B-C”, each as defined in the Mortgage Loan Agreement.
Component C shall have the meaning assigned to such term in the Mortgage Loan Agreement.
Component C means that portion of the Loan in the amount of Forty-Two Million Nine Hundred Seventy-Five Thousand and No/100 Dollars ($42,975,000) made by Lender to Borrower pursuant to this Agreement.
Component C has the meaning set forth in Section 2.1(A).
Component C means that certain Component of the Note corresponding to the Securities designated as Class C.