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 shall have the meaning specified in Section 8.11 hereof.

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.

• This use permit prohibits the sale of clothing, posters, and other promotional items.

• 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.

• These two rates are the endpoints for the Structuring Range for the PAC Component.

• The PAC Component shall initially equal the Original Notional Principal Amount.

More Definitions of PAC Component

PAC Component. The Class A-3-1 Component.

PAC Component. The Class A-9-2 Component.

PAC Component. Any of the Class A3A, Class A3B, Class A4B and Class A5B Components.

PAC Component. The Class A8A Component.

PAC Component. The 2-A9(3) Component.

PAC Component. The Class A-17B Component.

PAC Component. As specified in the Preliminary Statement.