Class SES Component definition

Class SES Component. Any of the Class 1-SES Component, Class 2-SES Component or Class 3-SES Component.
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Class SES Component. Any of the Class CB-SES Component, Class NC-SES Component or Class 2-SES Component.
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Related to Class SES Component

  • 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.

  • Class D Component The Component having such designation.

  • Class B Component The Component having such designation.

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.