Interest Only Components definition

Interest Only Components. As specified in the related Prospectus Supplement.
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Interest Only Components. Component A-7-1 and Component A-7-4 of the Class A-7 Certificates, which will not be entitled to receive principal.
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Interest Only Components. As specified in the Preliminary Statement.
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Examples of Interest Only Components in a sentence

  • The Component Principal Balance of the Interest Only Components shall be zero.

  • The Component Principal Balance for Component A-5-3 shall be referred to as the "Component A-5-3 Principal Balance" and the Component Principal Balance for Component A-5-4 shall be referred to as the "Component A-5-4 Principal Balance." The Component Principal Balance of the Interest Only Components shall be zero.

  • The Component Principal Balance for Component IIA-8-1 shall be referred to as the "Component IIA-8-1 Principal Balance", the Component Principal Balance for Component IIA-8-4 shall be referred to as the "Component IIA-8-4 Principal Balance" and the Component Principal Balance for Component IIA-8-5 shall be referred to as the "Component IIA-8-5 Principal Balance." The Component Principal Balance of the Interest Only Components shall be zero.

  • The Component Principal Balance for Component A-9-1 shall be referred to as the "Component A-9-1 Principal Balance", the Component Principal Balance for Component A-9-4 shall be referred to as the "Component A-9-4 Principal Balance" and the Component Principal Balance for Component A-9-5 shall be referred to as the "Component A-9-5 Principal Balance." The Component Principal Balance of the Interest Only Components shall be zero.

  • The Component Principal Balance for Component A-5-1 shall be referred to as the "Component A-5-1 Principal Balance", the Component Principal Balance for Component A-5-4 shall be referred to as the "Component A-5-4 Principal Balance" and the Component Principal Balance for Component A-5-6 shall be referred to as the "Component A-5-6 Principal Balance." The Component Principal Balance of the Interest Only Components shall be zero.

  • Our concern here is to broadly outline issues and risks arising from the outsourcing of government programs generally, including risks posed by legislation such as the UPA.

  • The Component Principal Balance for Component IA-5-1 shall be referred to as the "Component IA-5-1 Principal Balance" and the Component Principal Balance for Component IA-5-4 shall be referred to as the "Component IA-5-4 Principal Balance." The Component Principal Balance of the Interest Only Components shall be zero.

  • The Component Principal Balance for Component A-7-1 shall be referred to as the "Component A-7-1 Principal Balance", the Component Principal Balance for Component A-7-4 shall be referred to as the "Component A-7-4 Principal Balance" and the Component Principal Balance for Component A-7-6 shall be referred to as the "Component A-7-6 Principal Balance." The Component Principal Balance of the Interest Only Components shall be zero.


More Definitions of Interest Only Components

Interest Only Components. Components 1A-X-1, 1A-X-2, 1A-X-3 and 1A-X-4 of the Class 1A-X Certificates and Components 2A-X-1 and 2A-X-2 of the Class 2A-X Certificates..
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Interest Only Components. Component A-5-2, Component A-5-3 and Component A-5-5 of the Class A-5 Certificates.
Sample 1
Interest Only Components. Components IIA-8-2, IIA-8-3 ans IIA-8-6 of the Class IIA-8 Certificates.
Sample 1
Interest Only Components. The Class 4-A-IO, Class 6-A-IO, Class 7-A-IO, Class C-A-8-1 and Class C-A-8-2 Components.
Sample 1
Interest Only Components. Component A-9-2 and Component A-9-3 of the Class A-9 Certificates.
Sample 1

Related to Interest Only Components

  • Interest-Only Period means the period from and including the first Borrowing Date and through and including the sixteenth (16th) Payment Date following the first Borrowing Date.

  • Interest Only Loan means a Mortgage Loan which only requires payments of interest for a period of time specified in the related Mortgage Note.

  • Accrual Components As specified in the Preliminary Statement.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Class A-S Component The Component having such designation.

  • Bearing components means the bearing element, retainer, inner race, or outer race.

  • Interest Only Certificates A Class or Subclass of Certificates not entitled to payments of principal, and designated as such in the Series Supplement. The Interest Only Certificates will have no Certificate Principal Balance.

  • Class X-A Components 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, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Class C Component The Component having such designation.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Class A-2 Component The Component having such designation.

  • Compounded Daily XXXXX means the rate of return of a daily compound interest investment (with the daily Sterling Overnight Index Average as the Reference Rate for the calculation of interest) and will be calculated by the Principal Paying Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the applicable Final Terms Document) on the Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the fourth decimal place, with 0.00005 being rounded upwards: where:

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Compounded Interest shall have the meaning set forth in Section 4.1.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Adjusted Lower Tier WAC For any Distribution Date (and the related Accrual Period), an amount equal to (i) two, multiplied by (ii) the weighted average of the interest rates for such Distribution Date for the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1, Class LT3-B2 and Class LT3-Q Interests, weighted in proportion to their Class Principal Amounts as of the beginning of the related Accrual Period and computed by subjecting the rate on the Class LT3-Q Interest to a cap of 0.00%, and by subjecting the rate on each of the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1 and Class LT3-B2 Interests to a cap that corresponds to the Certificate Interest Rate (determined by substituting the REMIC 3 Net Funds Cap for the applicable Net Funds Cap) for the Corresponding Class of Certificates; provided, however, that for each Class of LIBOR Certificates, the Certificate Interest Rate shall be multiplied by an amount equal to (a) the actual number of days in the Accrual Period, divided by (b) 30.

  • Compounded Daily SOFR means, in relation to a Floating Rate Interest Period, the rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as follows: Where:

  • Interest Only Mortgage Loan A Mortgage Loan for which an interest-only payment feature is allowed during the interest-only period set forth in the related Mortgage Note.

  • Class A-4 Component The Component having such designation.

  • Class B Component The Component having such designation.

  • SOFR-Based Rate means SOFR or Term SOFR.

  • Original Benchmark Rate on any day means the 3-months Euro Interbank Offered Rate (expressed as a percentage rate per annum) fixed at, and appearing on, the Screen Page as of 11:00 a.m. (Brussels time) on such day.

  • Fixed Retained Yield Rate With respect to each Mortgage Loan, a per annum rate equal to the greater of (a) zero and (b) the Mortgage Interest Rate on such Mortgage Loan minus the sum of (i) 6.500%, (ii) the applicable Servicing Fee Rate and (iii) the Master Servicing Fee Rate.

  • Class A-1 Component The Component having such designation.

  • Class D Component The Component having such designation.