REMIC I Trust Fund definition

REMIC I Trust Fund. All of the assets in the Trust Fund.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the Certificate Insurance Policy.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the Rounding Account, the Certificate Insurance Policy and the Class II-A-3 Reserve Fund.

Examples of REMIC I Trust Fund in a sentence

• The Pooling Agreement permits, but does not require, the Company to repurchase from the REMIC I Trust Fund all Mortgage Loans at the time subject thereto and all property acquired in respect of any Mortgage Loan upon payment to the Certificateholders of the amounts specified in the Pooling Agreement.

• The Pooling Agreement permits, but does not require, the Master Servicer to purchase from the REMIC I Trust Fund all Mortgage Loans at the time subject thereto and all property acquired in respect of any Mortgage Loan upon payment to the Certificateholders of the amounts specified in the Pooling Agreement.

• MORTGAGE PASS-THROUGH CERTIFICATE This Certificate is one of a duly authorized issue of Certificates designated as Mortgage Pass-Through Certificates of the Series and Class specified hereon (herein called the "Certificates") and representing certain interests in the REMIC I Trust Fund.

• The Company shall, at its expense, prepare or cause to be prepared all federal and state income tax and franchise tax and information returns relating to the REMIC I Trust Fund or the REMIC II Trust Fund required to be prepared or filed by the Trustee and shall indemnify the Trustee for any liability of the Trustee arising from any error in such returns.

• Any replacement Certificate issued pursuant to this Section 5.04 shall constitute complete and indefeasible evidence of ownership in the REMIC II Trust Fund (or with respect to the Class R-1 Certificates, the residual ownership interests in the REMIC I Trust Fund) as if originally issued, whether or not the lost or stolen Certificate shall be found at any time.

More Definitions of REMIC I Trust Fund

REMIC I Trust Fund. The corpus of the trust created pursuant ------------------ to Section 2.01 of this Agreement. The REMIC I Trust Fund consists of (i) the Mortgage Loans and all rights pertaining thereto; (ii) such assets as from time to time may be held by the Trustee (or its duly appointed agent) in the Certificate Account or the Investment Account (except amounts representing the Master Servicing Fee or the Servicing Fee); (iii) such assets as from time to time may be held by Servicers in a Custodial Account for P&I or Custodial Account for Reserves related to the Mortgage Loans (except amounts representing the Master Servicing Fee or the Servicing Fee); (iv) property which secured a Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure or, in the case of a Cooperative Loan, a similar form of conversion, after the Cut-Off Date; and (v) amounts paid or payable by the insurer under any FHA insurance policy or any Primary Insurance Policy and proceeds of any VA guaranty and any other insurance policy related to any Mortgage Loan or the Mortgage Pool.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the Class III-A-19 Reserve Fund and the Rounding Account.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the Bankruptcy and Extraordinary Hazard Expense Reserve Fund and the Expense Account.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the Rounding Accounts.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the Class IV-A-4 Rounding Account.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the ------------------ Reserve Fund.

REMIC I Trust Fund. All of the assets in the Trust Fund other than the Certificate Insurance Policy and the Class II-A-24 Reserve Fund.