PAC Component definition

PAC Component has the meaning set forth in Section 9.10.
PAC Component means, for the purpose of calculating the Class I Monthly Interest at any time, the Original Notional Principal Amount minus all allocations of Monthly Principal to the PAC Component made up to such time pursuant to Section 9.10 of this Agreement.
PAC Component. The Class A-3-1 Component.

Examples of PAC Component in a sentence

  • VA = T5* A0*(A11 - A10)A10where; VA = Amount of price variation in Rupees to be allowed for Alum/ PAC component A0 = Basic rate of Alum/ PAC Component in rupees per MT as considered in Tendered cost of work.

  • For the purposes of determining distributions of interest and in reduction of Principal Balance, the Class A-6 Certificates consist of four components (each, a "Component" and individually, the "Class A-6 IO A Component," the "Class A-6 IO B Component," the "Class A-6 PAC Component" and the "Class A-6 Scheduled Accrual Component").

  • Interest with respect to each Component will accrue during each month in an amount equal to the product of (i) 1/12th of the Component Rate for such Component and (ii) the outstanding Principal Balance in the case of the Class A-6 PAC Component and the Class A-6 Scheduled Accrual Component or the outstanding notional amount in the case of the Class A-6 IO A Component and Class A-6 IO B Component.

  • He commented as follows: Akiyuki’s attempted escapes into music have the theoretical backing of Nakagami the critic.

  • VA = T5* A0 *(A11-A10) A10where; VA = Amount of price variation in Rupees to be allowed for Alum/ PAC componentA0 = Basic rate of Alum/ PAC Component in rupees per MT as considered in Tendered cost of work.


More Definitions of PAC Component

PAC Component shall have the meaning specified in Section 8.11 hereof.
PAC Component. As specified in the Preliminary Statement.
PAC Component. Any Class 1-A5A Component.
PAC Component. The Class A8A Component.
PAC Component. Any A5(1) Component, A5(2) Component or A10(1) Component.
PAC Component. The 2-A9(3) Component.