Interest Only Components definition

Interest Only Components. As specified in the related Prospectus Supplement.
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Interest Only Components. Component A-5-1, Component A-5-2 and Component A-5-5 of the Class A-5 Certificates, which will not be entitled to receive principal.
Sample 1
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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Examples of Interest Only Components in a sentence

  • 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 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.

  • 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 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.

  • 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 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.


More Definitions of Interest Only Components

Interest Only Components. As specified in the Preliminary Statement.
Sample 1Sample 2
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. Component A-9-2 and Component A-9-3 of the Class A-9 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. Components IIA-8-2, IIA-8-3 ans IIA-8-6 of the Class IIA-8 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.

  • Daily Compounded XXXXX means, for any day, XXXXX with interest accruing on a compounded daily basis, with the methodology and conventions for this rate (which will include compounding in arrears with a lookback) being established by the Administrative Agent in accordance with the methodology and conventions for this rate selected or recommended by the Relevant Governmental Body for determining compounded XXXXX for business loans; provided that if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may (in consultation with the Borrower) establish another convention in its reasonable discretion; and provided that if the administrator has not provided or published XXXXX and a Benchmark Replacement Date with respect to XXXXX has not occurred, then, in respect of any day for which XXXXX is required, references to XXXXX will be deemed to be references to the last provided or published XXXXX. Any change in Daily Compounded SOFR due to a change in XXXXX shall be effective from and including the effective date of such change in XXXXX without notice to the Borrower.

  • 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.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Cumulative Compounded RFR Rate means, in relation to a Loan (or any part of it) accruing interest at the Compounded Reference Rate, the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15C (Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • 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.

  • 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 reference rate as reference rate for the calculation of interest) and will be calculated by the Interest Determination Agent as at 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.

  • 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:

  • 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 (subject to § 3(4)) the [1 / 3 / 6 / 12]-month 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.