Initial Component Balance definition

Initial Component Balance. As specified in the Preliminary Statement.

Initial Component Balance. Not applicable.

Initial Component Balance. As to each PO Component, the Component Balance set forth in the Preliminary Statement. The IO Components are interest-only Components and have no Initial Component Balance.

Examples of Initial Component Balance in a sentence

• With respect to any Component (other than a Notional Amount Component) and any Distribution Date, its Initial Component Balance (A) plus any Subsequent Recoveries added to the Component Balance of such Component pursuant to Section 4.02, (B) minus the sum of all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto and increased due to the receipt of Subsequent Recoveries.

• For purposes of calculating distributions of principal and interest and allocation of losses, the Class C-M Certificates will be comprised of two components, having the designations and Initial Component Balances set forth below: Designation Initial Component Balance ----------- ------------------------- C-M-1 Component $12,473,000 C-M-2 Component $11,484,000 Component Certificates..................

More Definitions of Initial Component Balance

Initial Component Balance. As to each Component, the Component Balance set forth in the Preliminary Statement.

Initial Component Balance. As specified in the Preliminary Statement. Initial LIBOR Rate: 5.32% per annum.

Initial Component Balance. As to each Class A-PO Component, the Component Balance set forth in the Preliminary Statement. The Class IO and Class SES Components are interest-only Components and have no Initial Component Balance.

Initial Component Balance. As specified in the Preliminary Statement. Initial LIBOR Rate: 5.32%.

Initial Component Balance. As to each Class PO Component, the Component Balance set forth in the Preliminary Statement.

Initial Component Balance. As specified in the Preliminary Statement. -------------------------

Initial Component Balance. As specified in the Preliminary ------------------------- Statement. Initial LIBOR Rate: Not applicable. ------------------