Class A-1 Component definition

Class A-1 Component. The Component having such designation.
Class A-1 Component. With respect to the Class X Certificates, at any date of determination, that portion of the Notional Amount of the Class X Certificates equal to the Certificate Principal Amount of the Class A-1 Certificates.
Class A-1 Component means a component of the beneficial interest in REMIC III evidenced by the Class A-1 Certificates, which component represents a Component Notional Amount equal to the Certificate Balance of the REMIC II Regular Interest A-1.

Examples of Class A-1 Component in a sentence

  • All payments with respect to the Class A-1 Component Three shall be considered to have been made solely from the Third Subsidiary Regular Interest.

  • The original principal balance of the Third Subsidiary Regular Interest is equal to the Original Certificate Principal Balance of the Class A-1 Component Three.

  • The original principal balance of the First Subsidiary Regular Interest is equal to the aggregate Original Certificate Principal Balance of the Class A-2, Class A-6 and Class A-7 Certificates and the Class A-1 Component One.

  • All payments with respect to the Class A-3 Certificates and the Class A-1 Component Four shall be considered to have been made solely from the Second Subsidiary Regular Interest.

  • All payments with respect to the Class A-4 and Class A-P Certificates and the Class A-1 Component Five shall be considered to have been made solely from the Fourth Subsidiary Regular Interest.


More Definitions of Class A-1 Component

Class A-1 Component. Any one of Component A-1-1 or Component A-1-2, each as described in the Preliminary Statement hereto. As used herein, the Class A-1 Components shall be the "related Components" for the Class A-1 Certificates.
Class A-1 Component. Either the Class A-1A or Class A-1B Component.
Class A-1 Component means, in relation to each Class R Combination Note, the relative portion of such Class R Combination Note comprised of a Class A-1 Note, which represents 91 per cent. of the principal amount of such Class R Combination Note as at the Closing Date.
Class A-1 Component means a component of the Class X Certificates, which component represents a Component Notional Amount equal to the Certificate Balance of the REMIC II Regular Interest A-1.
Class A-1 Component. ONE: The portion of the Class A-1 Certificates so designated in Section 4.01.

Related to Class A-1 Component