Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.
Residual Interest The sole class of "residual interests" in a REMIC within the meaning of Section 860G(a)(2) of the Code.
Class R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.
Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).
Upper-Tier Residual Interest The sole class of “residual interests”, within the meaning of Code Section 860G(a)(2), in the Upper-Tier REMIC and evidenced by the Class R Certificates.
Lower-Tier Residual Interest The sole class of “residual interests”, within the meaning of Code Section 860G(a)(2), in the Lower-Tier REMIC and evidenced by the Class R Certificates.
Residual Interests As specified in the Preliminary Statement.
Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.
Certificateholder Quorum In connection with any solicitation of votes in connection with the replacement of the Special Servicer pursuant to Section 7.01(d) hereof, the Holders of Certificates evidencing at least 75% of the aggregate Voting Rights (taking into account the application of Collateral Support Deficits and the application of any Appraisal Reductions to notionally reduce the Certificate Balance of the Certificates) of all Principal Balance Certificates on an aggregate basis.
Class R-3 Interest The uncertificated Residual Interest in REMIC 3.
Class R-4 Interest The uncertificated Residual Interest in REMIC 4.
REMIC III Certificateholder The Holder of any REMIC III Certificate.
Class R Certificateholder The registered Holder of the Class R Certificate.
Certificateholder means the Person in whose name the Certificate is registered.
Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.
Class A-R Certificateholder The registered holder of the Class A-R Certificate.
Class R-IV Interest The uncertificated Residual Interest in REMIC IV.
Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.
Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.
Class R-I Interest The uncertificated Residual Interest in REMIC I.
Subsidiary REMIC Regular Interest Any one of the "regular interests" in the Subsidiary REMIC described in the Preliminary Statement.
Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
Class R-2 Interest The uncertificated Residual Interest in REMIC 2.
Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.
Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.
Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.