Interest Components definition

Interest Components means the Collections deriving from the interest component of each Instalment, the Prepayment Fees and any other amount which is not a Principal Component;

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Interest Components means the 2015-A Purchase Payments other than the Principal Components.

Interest Components means the components of an Eligible Bond that are each future interest payment due on or prior to the Maturity Date.

Examples of Interest Components in a sentence

• If so provided in the applicable Supplemental Agreement, Debt Securities may be separated by a Holder into one or more Interest Components and Principal Components.

• Holders of Interest Components will have no right to give or withhold such consent.

• If so provided in the applicable Supplemental Agreement, Debentures and Medium-Term Notes may be separated by a Holder into one or more Interest Components and a Principal Component.

• If any modification, amendment or supplement of the terms of an issue of Debt Securities that have been separated into Interest Components and Principal Components requires the consent of Holders, only the Holders of Principal Components will be entitled to give or withhold that consent.

• The Local Agency will at all times do and perform all acts and things permitted by law which are necessary or desirable in order to assure that the Interest Components of the Installment Payments will not be included in gross income of the Owners of the Certificates for federal income tax purposes under the Code, and will take no action that would result in such interest being so included.

More Definitions of Interest Components

Interest Components means the 2022 Purchase Payments other than the Principal

Interest Components means the 2024-A Purchase Payments other than the Principal Components.

Interest Components means the 2020 Purchase Payments other than the Principal Components.

Interest Components means the collections deriving from the interest component of each Instalment and the amounts due in respect of expenses, commissions for direct debit payments, collection commissions (unless waived by the Servicer in accordance with the Servicing Agreement), Prepayment Fees, any recoveries received in respect of any Defaulted Claims (including the interest components of any recoveries received in respect of any Defaulted Claims) and any other amount which is not a Principal Component.

Interest Components means the collections deriving from the interest component of each Instalment and the amounts due in respect of expenses, commissions for direct debit payments, collection commissions,

Interest Components means the 2015-A Purchase Payments (Second Lien Qualified Obligations) other than the Principal Components.

Interest Components means the 2016 Purchase Payments other than the Principal Components.