Class IO Component definition

Class IO Component. Any of the Class 1-30-IO Component, Class 2-30-IO Component, Class 3-30-IO Component or Class 4-30-IO Component.
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Class IO Component. Either of the Class 1-X-IO Component or Class 2-X-IO Component.
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Class IO Component. Three: The portion of the Class IO Certificate so designated under the heading "The Certificates" in the Preliminary Statement hereto.
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Examples of Class IO Component in a sentence

  • Any such reduction or increase shall be allocated among the Senior Certificates and Components (other than the Class IO Component and Class PO Component) of the related Group, pro rata, based on their Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero.

  • Any such reduction or increase shall be allocated among the Senior Certificates and Components (other than the Class IO Component and Class PO Component related to Group 3) of the related Group, pro rata, based on their Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero.


More Definitions of Class IO Component

Class IO Component. As defined in the Preliminary Statement.
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Class IO Component. Any of the Class 1-IO, Class 2-IO, Class 3-IO, Class 4-IO, Class 5-IO, Class 6-IO or Class 7-IO Components.
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Related to Class IO Component

  • Class C Component The Component having such designation.

  • Class D Component The Component having such designation.

  • Class B Component The Component having such designation.

  • Class A-S Component The Component having such designation.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.