Class X Component definition

Class X Component. Each of the Class A Component, the Class B Component and the Class C Component.

Class X Component. Any of the seventeen (17) components constituting "regular interests" in REMIC III for purposes of the REMIC Provisions. Such components are identified as Class XX-0, XX-0-0, XX-0-0, XX, XX, LD, LE, LF, LG, LH, LJ, LK, LL, LM, LN, LO and LP Components.

Class X Component. Any of the fifty-eight (58) components constituting "regular interests" in REMIC III for purposes of the REMIC Provisions. Such components are identified as Class XX-0-0, XX-0-0, XX-0X-0, XX-0X-0X, XX-0X-0X, XX-0X-0X, XX-0X-0X, LA-1A-2E, LA-1A-2F, LA-1A-2G, LA-1A-2H, LA-1A-2I, LA-1A-2J, LA-1A-2K, LA-1A-2L, LA-1A-2M, XX-0-X, XX-0-X, XX-0-X, XX-0-X, XX-0-X, XX-0-X, LA-2-G, LA-3-A, LA-3-B, LA-4-A, LA-4-B, LA-5-A, LA-5-B, LA-5-C, LA-5-D, LA-5-E, LA-M, LA-J, LB, LC, LD-A, LD-B, LE-A, LE-B, LE-C, LF-A, LF-B, LF-C, LG-A, LG-B, LG-C, LH-A, LH-B, LJ-A, LJ-B, LK, LL-A, LL-B, LM, LN, LO and LP Components.

Examples of Class X Component in a sentence

• For federal income tax purposes, each Class of the Regular Certificates (or, in the case of the Class X Certificates, each Class X Component thereof) will be designated as a separate "regular interest" in REMIC II for purposes of the REMIC Provisions under federal income tax law.

• For federal income tax purposes, each Class of the Regular Certificates (or, in the case of the Class X Certificates, each Class X Component thereof), the Class A-2FL REMIC II Regular Interest and the Class A-4L REMIC II Regular Interest, will be designated as a separate "regular interest" in REMIC II for purposes of the REMIC Provisions under federal income tax law.

• For purposes of this Agreement, the Class X Certificates (and each Class X Component) shall be deemed to be outstanding until their Notional Balance (or portion thereof allocable to such Class X Component) has been reduced to zero.

• For federal income tax purposes, each Class of the Regular Certificates (or in the case of the Class X Certificates, each Class X Component thereof), the Class A-2FL REMIC II Regular Interest and the Class AJ-FL REMIC II Regular Interest will be designated as a separate "regular interest" in REMIC II for purposes of the REMIC Provisions under federal income tax law.

• The Class A, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K and Class L Certificates and each Class X Component will be designated as the "regular interests" in REMIC III and the Class R-III Certificates will be designated as the sole class of "residual interests" in REMIC III for purposes of the REMIC Provisions.

More Definitions of Class X Component

Class X Component. Each of the following components of the Class X Certificates:

Class X Component. Any of the 23 components of the Class X Certificates listed in the following table. ------------------------------------------ Class Designation Class X of Corresponding Component Certificates ------------------------------------------ X-A-1 A-1 ------------------------------------------ X-A-2 A-2 ------------------------------------------ X-A-3 A-3 ------------------------------------------ X-X-0X X-0X ------------------------------------------ X-A-SB A-SB ------------------------------------------ X-A-4 A-4 ------------------------------------------ X-A-1A A-1A ------------------------------------------ X-AM AM ------------------------------------------ X-AJ AJ ------------------------------------------ X-B B ------------------------------------------ X-C C ------------------------------------------ X-D D ------------------------------------------ X-E E ------------------------------------------ X-F F ------------------------------------------ X-G G ------------------------------------------ X-H H ------------------------------------------ X-J J ------------------------------------------ X-K K ------------------------------------------ X-L L ------------------------------------------ X-M M ------------------------------------------ X-N N ------------------------------------------ X-P P ------------------------------------------ X-Q Q ------------------------------------------

Class X Component. Any of the Class X1 and Class X2 Components.

Class X Component. With respect to the Class X Certificates, any of the Class X-A-1 Component, the Class X-A-2 Component, the Class X-A-3 Component, the Class X-B Component, the Class X-C Component, the Class X-D Component, the Class X-E Component, the Class X-F Component, the Class X-G Component, the Class X-H Component, the Class X-J Component, the Class X-K Component or the Class X-L Component.

Class X Component. Any one of the multiple components of the Class X Certificates, each of which (i) shall constitute a separate "regular interest" in REMIC II for purposes of the REMIC Provisions and (ii) has an alphabetic or alphanumeric, as the case may be, designation of "X-" followed by the alphabetic or alphanumeric, as the case may be, designation of its Corresponding REMIC I Regular Interest. Each Class X Component shall accrue interest at its Class X Strip Rate in effect from time to time on its Component Notional Amount outstanding from time to time, which Component Notional Amount shall equal the REMIC I Principal Balance of such Class X Component's Corresponding REMIC I Regular Interest.

Class X Component. Any of the ______ components of the Class X Certificates, each of which shall constitute a separate "regular interest" in REMIC II for purposes of the REMIC Provisions. Each Class X Component shall accrue interest at its Class X Strip Rate in effect from time to time on its Component Notional Amount outstanding from time to time, which Component Notional Amount shall equal the REMIC I Principal Balance of such Class X Component's Corresponding REMIC I Regular Interest. The respective Class X Components shall be designated as follows: [Component X-A-1, Component X-A-1D, Component X-A-2FL, Component X-A-2FX, Component X-A-3, Component X-A-SB, Component X-A-4, Component X-A-1A, Component X-A-M, Component X-A-J, Component X-B, Component X-C, Component X-D, Component X-E, Component X-F, Component X-G, Component X-H, Component X-J, Component X-K, Component X-L, Component X-M, Component X-N, Component X-O, Component X-P and Component X-Q].

Class X Component. Any of the 12 components comprising the Class X Certificates which are identified as Class LA-1, LA-2, LA-3, LB, LC, LD, LE, LF, LG, LH, LJ and LK Components.