Component A-1 definition

Component A-1 means the component of the Loan designated as “A-1” in Section 2.1.6 hereof.
Component A-1 means that certain Component of the Note relating to the Securities designated as Class A, which Component is described herein.
Component A-1. One of twenty components of the Class A-X Certificates having a Component Notional Amount equal to the then current REMIC I Principal Amount of the Class LA-1 Uncertificated Interest as of any date of determination.

Examples of Component A-1 in a sentence

  • Service A - Application and Database Support Service Component A1- Advice & Guidance Description ● MAM will respond to requests for assistance on the use of MAM produced applications and associated databases.

  • The Azersu shall retain, during the implementation of the Component A.1 of the Project, the services of a construction management company satisfactory to the Association until the Association’s assessment has determined that the Azersu has the capacity to take over such a responsibility independently.

  • The portion of the Loan evidenced by Note Component A-1 must be repaid in connection with a release of a Property pursuant to Section 1.6(a), in the amount required thereby.

  • Capitation Transfers made to SILAIS Administrative Units to cover expenditures incurred under Component A.1 of Schedule 2 shall not be subject to the provisions of this Schedule.

  • Provided no Event of Default shall exists, each payment shall be applied (i) first, to accrued and unpaid interest on Component A1 and Component A2 on a pro rata, pari passu basis, and (ii) second, the balance to the principal amount of the Components on a pro rata, pari passu basis.

  • For the purpose of computing interest payable from time to time on the principal amount of the Loan and certain other computations set forth herein, the principal balance of Note A shall be divided into Component A-1 and Component A-2 and the principal balance of Note B shall be divided into Component ▇-▇, ▇▇▇▇▇▇▇▇▇ ▇-▇, Component B-3 and Component B-4.

  • REMIC I Regular Interest UBSW-1 will relate to that portion of the UBS Warburg Building Mortgage Loan that consists of "Component A-1" of the related Mortgage Note (as "Component A-1" is defined therein), and REMIC I Regular Interest UBSW-2 will relate to that portion of the UBS Warburg Building Mortgage Loan that consists of "Component A-2" of the related Mortgage Note (as "Component A-2" is defined therein).

  • All prepayments or repayments of the Loan permitted or required hereunder shall be applied toward the reduction of the Principal Indebtedness evidenced by Note Component A-1, until it is reduced to zero.

  • With respect to payments received on the Note Component A pursuant to this Section 2.3.1, such payments will be applied: (a) first, to the payment of interest due and payable on Note Component A-1; (ii) second, to the payment of interest due and payable on Note Component A-2, (iii) third, to the payment of interest due and payable on Note Component A-3, and (iv) fourth, to the payment of interest due and payable on Note Component A-4.


More Definitions of Component A-1

Component A-1 means that certain Component of Note A having the original principal amount set forth in Section 2.1.5.
Component A-1 has the meaning given in the Trust Agreement.
Component A-1 means the portion of the Interest Only Certificates representing the part of the entitlement of such Certificate to interest at the Component A-1 Rate applied to the Component A-1 Notional Amount as further set forth herein and in the Sale and Servicing Agreement.

Related to Component A-1

  • Component Principal Balance As of any date of determination, either the PO-1 Component Principal Balance on such date or the PO-2 Component Principal Balance on such date as applicable.

  • Class C Component The Component having such designation.

  • Class D Component The Component having such designation.

  • Component Interest Rate Not applicable.

  • Component Balance With respect to any Component and any Distribution Date, the Initial Component Balance thereof on the Closing Date, (A) plus any increase in the Component Balance of such Component pursuant to Section 4.02 due to the receipt of Subsequent Recoveries, (B) minus the sum of all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto on previous Distribution Dates.