Upper Tier REMIC Sample Clauses

Upper Tier REMIC. The Upper-Tier REMIC will hold the Lower-Tier Regular Interests and will issue the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-BP, Class X-A, Class X-BP, Class X-B, Class A-S, Class B, Class C, Class D, Class X-D, Class E-RR, Class F-RR, Class G-RR and Class H-RR Certificates, representing the “regular interests” in the Upper-Tier REMIC created hereunder. The Upper-Tier REMIC also will issue the uncertificated Class UR Interest, which is the sole Class of “residual interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions and is represented by the Class R Certificates. THE CERTIFICATES The following table (and related paragraphs) sets forth the designation, the pass-through rate (in the case of the Regular Certificates, the “Pass-Through Rate”) and the aggregate initial principal amount (in the case of the Principal Balance Certificates, the “Original Certificate Balance”), the aggregate initial notional amount (in the case of the Class X Certificates, the “Original Notional Amount”), as applicable, for each Class of Certificates: Class of Certificates Initial Pass- Through Rate Original Certificate Balance, Notional Amount Class A-1 Certificates 2.222% $ 14,278,000 Class A-2 Certificates 3.278% $ 72,424,000 Class A-3 Certificates 3.205% $ 270,000,000 Class A-4 Certificates 3.469% $ 311,927,000 Class A-AB Certificates 3.313% $ 35,645,000 Class A-BP Certificates 3.837% $ 10,000,000 Class X-A Certificates 0.982995%(1) $ 774,426,000 (2) Class X-BP Certificates 0.500555%(1) $ 10,000,000 (2) Class X-B Certificates 0.384555%(1) $ 44,642,000 (2) Class A-S Certificates 3.752% $ 70,152,000 Class B Certificates 3.953% $ 44,642,000 Class C Certificates 4.337555% $ 56,122,000 Class D Certificates 2.700% $ 28,979,000 Class X-D Certificates 1.637555%(1) $ 28,979,000 (2) Class E-RR Certificates 4.337555% $ 27,142,000 Class F-RR Certificates 4.337555% $ 26,786,000 Class G-RR Certificates 4.337555% $ 10,204,000 Class H-RR Certificates 4.337555% $ 42,091,386 Class R Certificates N/A(3) N/A
Upper Tier REMIC. The following table sets forth the Class designation, the approximate initial pass-through rate and the aggregate initial principal amount (the “Original Certificate Balance”) or, in the case of the Class X-A and Class X-D Certificates, notional amount (the “Original Notional Amount”), as applicable, for each Class of Certificates and each Class EC Regular Interest comprising or evidencing the interests in the Upper-Tier REMIC created hereunder: Class Designation Approximate Initial Pass-Through Rate (per annum) Original Certificate Balance / Original Notional Amount Class A-1 1.613% $42,973,000 Class A-2 2.292% $22,079,000 Class A-3 3.524% $33,518,000 Class A-4 3.349% $225,000,000 Class A-5 3.616% $415,175,000 Class A-AB 3.368% $70,409,000 Class X-A(1) 1.356% $861,171,000 Class A-S Regular Interest 3.849% $52,017,000 Class B Regular Interest 4.759% $75,136,000 Class C Regular Interest 4.759% $54,907,000 Class D 2.850% $65,021,000 Class X-D(1) 1.909% $65,021,000 Class E 4.759% $28,898,000 Class F 4.759% $11,560,000 Class G 4.759% $15,894,000 Class H 4.759% $43,347,829 Class R(2) N/A N/A
Upper Tier REMIC. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-SB, Class A-1A, Class A-M, Class A-J, Class B, Xxxxx X, Xxxxx D, Class E, Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class P, Class Q, Class T, Class NR and Class X Certificates and the Class A-2FL Regular Interest will evidence "regular interests" in the Upper-Tier REMIC created hereunder. The sole Class of "residual interests" in the Upper-Tier REMIC created hereunder will be evidenced by the Class R Certificates. The following table sets forth the designation, the pass-through rate (the "Pass-Through Rate"), the aggregate initial principal amount (the "Original Certificate Balance") or Notional Amount ("Original Notional Amount"), as applicable, and the initial ratings given each Class by the Rating Agencies for each Class of Certificates and the Class A-2FL Regular Interest comprising the interests in the Upper-Tier REMIC created hereunder: Original Initial Certificate Pass-Through Balance or Ratings(1) Rate Notional Amount (Moody's/S&P) ----------------- ------------------- ---------------- Class A-1 Certificates(2) 5.65100% $62,183,000 Aaa/AAA Class A-2 Certificates(2)(6) 5.99226% $915,605,000 Aaa/AAA Class A-2FL Regular Interest(2) LIBOR+0.1400%(3) $70,000,000(4) Aaa/AAA(5) Class A-3 Certificates(2)(7) 6.00726% $283,043,000 Aaa/AAA Class A-4 Certificates(2) (7) 6.00726% $1,179,634,000 Aaa/AAA Class A-SB Certificates(2) (7) 6.00726% $123,791,000 Aaa/AAA Class A-1A Certificates(2) (7) 6.00726% $1,155,652,000 Aaa/AAA Class A-M Certificates(7) 6.00726% $541,415,000 Aaa/AAA Class A-J Certificates(7) 6.00726% $426,365,000 Aaa/AAA Class B Certificates(7) 6.00726% $33,839,000 Aa1/AA+ Class C Certificates(7) 6.00726% $81,212,000 Aa2/AA Class D Certificates(7) 6.00726% $54,141,0000 Aa3/AA- Class E Certificates(7) 6.00726% $27,071,000 A1/A+ Class F Certificates(7) 6.00726% $47,374,000 A2/A Class G Certificates(7) 6.00726% $54,142,0000 A3/A- Class H Certificates(7) 6.00726% $67,676,000 Baa1/BBB+ Class J Certificates(7) 6.00726% $47,374,000 Baa2/BBB Class K Certificates(7) 6.00726% $74,445,000 Baa3/BBB- Class L Certificates(8) 5.58900% $20,303,000 Ba1/BB+ Class M Certificates(8) 5.58900% $13,535,000 Ba2/BB Class N Certificates(8) 5.58900% $20,304,000 Ba3/BB- Class P Certificates(8) 5.58900% $6,767,000 B1/B+ Class Q Certificates(8) 5.58900% $13,536,000 B2/B Class T Certificates(8) 5.58900% $20,303,000 B3/B- Class NR Certificates(8) 5.58900% $74,444,806 */*/* Class R Certificates ...
Upper Tier REMIC. The Regular Interests will evidence “regular interests” in the Upper-Tier REMIC created hereunder. The Class UT-R Interest will constitute the sole Class ofresidual interests” in the Upper-Tier REMIC created hereunder, and will be evidenced by the Class R Certificates.
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Upper Tier REMIC. The Class A, Class X, Class B, Class C, Class D, Class E and Class F Certificates will evidence “regular interests” in the Upper-Tier REMIC created hereunder. The Class UT-R Interest will constitute the sole Class of “residual interests” in the Upper-Tier REMIC created hereunder, and will be evidenced by the Class R Certificates. The following table sets forth the class designation, the pass-through rate (the “Pass-Through Rate”) and the aggregate initial Certificate Balance (the “Original Certificate Balance”) or aggregate initial Notional Amount (the “Original Notional Amount”), as applicable, for each Class of Certificates and the Class UT-R Interest comprising the interests in the Upper-Tier REMIC created hereunder: Class Designation Initial Pass-Through Rate (per annum) Original Certificate Balance or Original Notional Amount Class A 2.9370% $ 150,000,000 Class Designation Initial Pass-Through Rate (per annum) Original Certificate Balance or Original Notional Amount Class X 0.6341%(1) $ 281,300,000 (2) Class B 3.1890% $ 75,000,000 Class C 3.3910% $ 56,300,000 Class D 3.7291%(4) $ 69,000,000 Class E 3.7291%(4) $ 93,700,000 Class F 3.7291%(4) $ 68,500,000 Class UT-R None(3) None(3)
Upper Tier REMIC. The Class A, Class B and Class VRR Certificates and the Uncertificated VRR Interestshall evidence “regular interests” in the Upper-Tier REMIC created hereunder. The Class UT-R Interest will constitute the sole class ofresidual interests” in the Upper-Tier REMIC created hereunder, and will be evidenced by the Class R Certificates. The following table sets forth the class designation, the initial Pass-Through Rate and the aggregate initial Certificate Balance (the “Initial Certificate Balance”) or initial Uncertificated VRR Interest Balance (the
Upper Tier REMIC. [The Class A-1, Class A-2, Class A-3, Class A-4, Class A-SB, Class A-1A, Class A-M, Class A-J, Class B, Xxxxx X, Xxxss D, Class E, Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class P, Class NR, Class X-1 and Class X-2 Certificates and the Class A-2FL Regular Interest will evidence "regular interests" in the Upper-Tier REMIC created hereunder. The sole Class of "residual interests" in the Upper-Tier REMIC created hereunder will be evidenced by the Class R Certificates.] The following table sets forth the designation, the pass-through rate (the "Pass-Through Rate"), the aggregate initial principal amount (the "Original Certificate Balance") or Notional Amount ("Original Notional Amount"), as applicable, and the initial ratings given each Class by the Rating Agencies for each Class of Certificates and the Class A-2FL Regular Interest comprising the interests in the Upper-Tier REMIC created hereunder: Initial Original Certificate Pass-Through Balance or Notional Ratings(1) Rate Amount (Moody's/S&P) ------------ -------------------- ------------- [Class A-1 Certificates](2) [_____]% $ [________] Aaa/AAA [Class A-2 Certificates](2) [_____]% $ [________] Aaa/AAA [Class A-2FL Regular Interest](2) [_____]%(3) $[________](4) Aaa/AAA(5) [Class A-3 Certificates](2) [_____]%(6) $ [________] Aaa/AAA [Class A-4 Certificates](2) [_____]%(6) $ [________] Aaa/AAA [Class A-SB Certificates](2) [_____]%(7) $ [________] Aaa/AAA [Class A-1A Certificates](2) [_____]%(6) $ [________] Aaa/AAA [Class A-M Certificates] [_____]%(6) $ [________] Aaa/AAA [Class A-J Certificates] [_____]%(8) $ [________] Aaa/AAA [Class B Certificates] [_____]%(8) $ [________] Aa2/AA [Class C Certificates] [_____]%(8) $ [________] Aa3/AA- [Class D Certificates] [_____]%(8) $ [________] A2/A [Class E Certificates] [_____]%(8) $ [________] A3/A- [Class F Certificates] [_____]%(8) $ [________] Baa1/BBB+ [Class G Certificates] [_____]%(8) $ [________] Baa2/BBB [Class H Certificates] [_____]%(8) $ [________] Baa3/BBB- [Class J Certificates] [_____]%(7) $ [________] Ba1/BB+ [Class K Certificates] [_____]%(7) $ [________] Ba2/BB [Class L Certificates] [_____]%(7) $ [________] Ba3/BB- [Class M Certificates] [_____]%(7) $ [________] B1/B+ [Class N Certificates] [_____]%(7) $ [________] B2/B [Class P Certificates] [_____]%(7) $ [________] B3/B- [Class NR Certificates] [_____]%(7) $ [________] */* [Class R Certificates] N/A(9) N/A(9) */* [Class X-1 Certificates] [_____]%(10) $ [________](...
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