Subordinated Component definition

Subordinated Component means, in respect of (a) the Class T Combination Notes, a component thereof, the terms and conditions applicable to which (save for those relating to issuance or transfer thereof) are the same as €8,263,000 principal amount of Subordinated Notes in respect of each$20,000,000 in original principal amount of the Class T Combination Notes; (b) the Class U Combination Notes, a component thereof, the terms and conditions applicable to which (save for those relating to issuance or transfer thereof) are the same as €1,695,000 principal amount of Subordinated Notes in respect of each $5,000,000 in original principal amount of the Class U Combination Notes; (c) the Class V Combination Notes, a component thereof, the terms and conditions applicable to which (save for those relating to issuance or transfer thereof) are the same as €4,378,000 principal amount of Subordinated Notes in respect of each €15,000,000 in original principal amount of the Class V Combination Notes; and (d) the Class X Combination Notes, a component thereof, the terms and conditions applicable to which (save for those relating to issuance or transfer thereof) are the same as€1,000,000 principal amount of Subordinated Notes in respect of each €6,000,000 in original principal amount of the Class X Combination Notes;
Subordinated Component. Each component of the Subordinated Certificates related to a Loan Group.
Subordinated Component means a component of the Class W Combination Notes, the terms and conditions of which (save for those relating to issuance or transfer thereof) are the same as EUR5,775,000 in original principal amount of Subordinated Notes in respect of EUR16,500,000 in original principal amount of Class W Combination Notes.

Examples of Subordinated Component in a sentence

  • Group 1 Senior Certificates and the Subordinated Component related to Loan Group 1.

  • For each Loan Group, the "Subordinated Component Balance" is the excess of the Loan Group as of the end of the Interest Accrual Period in excess such Loan Group's related Class A Certificates after taking into account principal distributions to the Class A Certificates on such Distribution Date.


More Definitions of Subordinated Component

Subordinated Component means in respect of each Class P Combination Note, a Component thereof the terms and conditions applicable to which (save those relating to issuance and transfer) are the same as €1,750,000 original principal amount of Subordinated Notes in respect of each €5,700,000 original principal amount of such Class P Combination Note;
Subordinated Component means, in respect of the Class W Combination Notes, the Class Z Combination Notes and the Class C2 Customised Rated Notes, a component thereof, the terms and conditions applicable to which (save for those relating to issuance or transfer thereof) are the same as the terms and conditions applicable to €1,000,000 principal amount of Subordinated Notes in respect of each €7,000,000 in original principal amount of the Class W Combination Notes, €2,000,000 principal amount of Subordinated Notes in respect of each €4,000,000 in original principal amount of the Class Z Combination Notes and€3,400,000 principal amount of Subordinated Notes in respect of each €10,000,000 in original principal amount of the Class C2 Customised Rated Notes;
Subordinated Component means, in respect of the Class P Combination Notes and the Class R Combination Notes, the Class P Subordinated Component or the Class R Subordinated Component, respectively.
Subordinated Component. ’ means the relevant portion of the Class D1 Combination Notes comprised of Subordinated Notes, which shall be the equivalent to k1,200,000 in original principal amount of Subordinated Notes;
Subordinated Component means, as of any time of determination, in the case of the Retained Amount Account, the amount set forth as of such time on the ledger maintained by the Trustee in accordance with Section 4.04(e) hereof as representing the net balance of deposits made to the Retained Amount Account pursuant to Sections 4.01(d)(ii)(A)(4) and 4.01(d)(ii)(B)(4) hereof less amounts withdrawn therefrom in accordance with Section 4.06.
Subordinated Component means, in respect of the Class P Combination Notes, a component thereof, the terms and conditions of which (save for those relating to issuance or transfer thereof) are the same as €3,900,000 in original principal amount of Subordinated Notes in respect of each
Subordinated Component. ’ means the Class V Subordinated Component and/or the Class VI Subordinated Component.