Group I Fixed Strip Components definition
Group I Fixed Strip Components. Any of the Class A-7 Component A, Class A-7 Component B or Class A-7 Component C.
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 A-S Component The Component having such designation.
Accrual Components As specified in the Preliminary Statement.
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.
Class C Component The Component having such designation.