Lower Tier Interests. Any Lower Tier Interests will have the designations, original principal balances (or notional principal balances), interest rates and Final Distribution Dates set forth on the related Lower Tier Schedule. Any Lower Tier Regular Interests will be non-certificated interests and will be held in the related Upper Tier REMIC (in the case of a Two Tier Series) or in the related Middle Tier REMIC (in the case of a Three Tier Series). Any RL Class Certificate will be issued as provided in Section 4.02.
Appears in 4 contracts
Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement
