Note Component definition

Note Component has the meaning set forth in Section 1.1(c).
Note Component shall have the meaning assigned to such term in the preamble to this Agreement.
Note Component has the meaning set forth in the Note.

Examples of Note Component in a sentence

  • All payments of principal on each Note shall be applied to the related Note Components as follows: (i) with respect to each A Note, to Note Component A of such A Note, until such Note Component A has been repaid in full, (ii) with respect to each B Note, first, to Note Component B, until Note Component B has been repaid in full, second, to Note Component C, until Note Component C has been repaid in full, and third, to Note Component HRR, until Note Component HRR has been repaid in full.

  • In addition, each Note Component shall have a fixed per annum interest rate (the “Component Rate”) as provided in the tables below.

  • The Yield Maintenance Premium shall be calculated separately with respect to each Note Component.

  • Interest payable on each Note Component shall be computed on the basis of a 360-day year and the actual number of days elapsed in the related Interest Period.

  • All payments of interest in respect of each Note shall be applied (i) with respect to each A Note, to Note Component A of such A Note; and (ii) with respect to each B Note, to Note Component B, Note Component C and Note Component HRR, in that order.


More Definitions of Note Component

Note Component has the meaning set forth in Section 1.1(c). “OFAC List” means the list of specially designated nationals and blocked persons subject to financial sanctions that is maintained by the U.S. Treasury Department, Office of Foreign Assets Control and any other similar list maintained by the U.S. Treasury Department, Office of Foreign Assets Control pursuant to any applicable governmental statutes, laws, rules, orders, regulations, ordinances, judgments, decrees and injunctions of Governmental Authorities, including trade embargo, economic sanctions, or other prohibitions imposed by Executive Order of the President of the United States. “Officer’s Certificate” means a certificate delivered to Lender that is signed by an authorized officer of Borrower and certifies the information therein to the best of such officer’s knowledge. “Operating Account” means an Eligible Account maintained by the Approved Property Manager or Borrower at an Eligible Institution, which account shall only contain amounts in respect of Operating Expenses for one or more of the Properties (and no amounts unrelated to the Properties shall be deposited therein or otherwise commingled with the amounts on deposit in such account). “Operating Expenses” means, for any period, all operating, renting, administrative, management, legal and other ordinary expenses of Borrower and the Properties during such period, determined in accordance with GAAP; provided, however, that such expenses shall not include (i) depreciation, amortization or other non-cash items, (ii) interest, principal or any other sums due and owing with respect to the Loan, (iii) income taxes or other taxes in the nature of income taxes, or (iv) Capital Expenditures. “Operating Income” means, for any period, all operating income from each of the Properties during such period, determined in accordance with GAAP (but without straight-lining of rents), other than (i) Loss Proceeds (but Operating Income will include rental loss insurance proceeds to the extent allocable to such period), (ii) any revenue attributable to a Lease that is not a Qualifying Lease, (iii) any revenue attributable to a Lease to the extent it is paid more than 30 days prior to the due date (provided that with respect to any such revenue paid more than 30 days prior to the due date, Borrower shall be given credit for such revenue in the month in which such revenue would have been paid had it not been so prepaid), (iv) any interest income from any source, (v) any r...
Note Component means, on any date, the outstanding principal amount of the Notes. "NOTE FINAL PAYMENT DATE" is defined in Section 5.07(a) of the Indenture.
Note Component means, individually, any one of Note Component A-1, Note Component A-2, Note Component A-3, Note Component A-4 and Note Component B and
Note Component means individually or collectively, as the context may require, any one of Component A, Component B, Component C, Component D, Component E and Component F, each as more particularly set forth in Section 1.1(c).
Note Component has the meaning set forth in SECTION 1.3(c).
Note Component means each of the Series I Note Component, the Series II Note Component and the Series III Note Component, as applicable.
Note Component has the meaning set forth in §:2(b)(i)(B) below.