REMIC Regular Interest definition

REMIC Regular Interest. Any REMIC I Regular Interest or REMIC II Regular Interest.

Examples of REMIC Regular Interest in a sentence

  • A Middle Tier REMIC Regular Interest shall be allocated Interest Rate Reductions and Realized Losses allocable to the corresponding Companion Class.

  • Thus, each REMIC Regular Interest shall be treated as representing ownership of not only REMIC Regular Interests, but also ownership of an interest in interest rate cap contracts or a separate contractual right.

  • In the event that there shall be any matter arising under the REMIC Trust Agreement that requires the vote of holders of REMIC Regular Interests outstanding thereunder, the Trustee as the holder of the related REMIC Regular Interests shall vote each such REMIC Regular Interest in accordance with instructions received from Holders of each related Class of Certificates after giving effect to the Voting Rights Allocation for such Class.

  • Through man on the Uncertificated Principal Balance of such REMIC Regular Interest.


More Definitions of REMIC Regular Interest

REMIC Regular Interest. Any REMIC I Regular Interest or a Regular Certificate.
REMIC Regular Interest. As defined in the Preliminary Statement.
REMIC Regular Interest. Any REMIC 1 Regular Interest or any of the Certificates (other than the Class P and Class R Certificates).