Scheduled Component definition
Examples of Scheduled Component in a sentence
As used above, the "Reduction Amount" for any Distribution Date and any Class of Scheduled Certificates or the Scheduled Component means the amount, if any, that would reduce the Principal Balance of such Class or Component to the percentage of its Original Principal Balance shown in the related table set forth below with respect to such Distribution Date.
The following tables set forth for each Distribution Date the planned Principal Balances for the PAC Certificates and the PAC Component, the targeted Principal Balances for the TAC Certificates and the TAC Component and the scheduled Principal Balances for the Scheduled Certificates and the Scheduled Component, expressed as a percentage of the Original Principal Balance of each Class.