Examples of Class LT-R Interest in a sentence

The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates.
The Class LA, Class LB, Class LC, Class LD, Class LE, and Class LRRI Uncertificated Interests are hereby designated as the “regular interests” in the Lower-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the Class LT-R Interest, represented by the Class R Certificates, is hereby designated as the sole class of “residual interests” in the Lower-Tier REMIC within the meaning of Section 860G(a)(2) of the Code.

More Definitions of Class LT-R Interest

Class LT-R Interest. The sole residual interest in the Lower-Tier REMIC.

Class LT-R Interest. The residual interest in the Lower-Tier REMIC. The Class LT-R Interest has no Pass-Through Rate or Lower-Tier Principal Amount or notional amount. The Class LT-R Interest will be represented by the Class R Certificates.

Class LT-R Interest. The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement.

Class LT-R Interest. The sole class of "residual interest" in the Lower Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

Class LT-R Interest. The sole class of "residual interest" in the Lower-Tier REMIC. The Class LT-R Interest shall not have a principal amount or an interest rate. The Class LT-R Interest shall be represented by the Class R Certificate.