Components definition
Examples of Components in a sentence
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.
If JPI is the Legend Supplied Components Testing Party, it shall perform (itself, or through a third party testing facility to the extent permitted under the applicable Component Specification and Quality Agreement) quality testing for the Components in accordance with the Intracompany Quality Agreements and ship such Components to the Facility as requested by Legend.
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.
If Legend is the Legend Supplied Components Testing Party, it shall perform (itself, or through a third party testing facility to the extent permitted under the applicable Component Specification and Quality Agreement) quality testing for the Components in accordance with the Quality Agreement entered into pursuant to Section 3.8.6. [***].