Examples of Class R-1 Certificate in a sentence
Any distribution of the proceeds of any remaining assets of the Trust Fund will be made only upon presentation and surrender of this Class R-1 Certificate at the Corporate Trust Office.
This Class R-1 Certificate is not entitled to distributions in respect of interest.
Any distribution of the proceeds of any remaining assets of the Trust Fund will be made only upon presentment and surrender of this Class R-1 Certificate at the offices designated by the Trustee for such purposes.
The Class R-1 Certificate represents ownership of the sole class of residual interest in REMIC II.
On the Startup Day, the REMIC I Regular Interests will be designated "regular interests" in such REMIC and the Class R-1 Certificate will be designated the "residual interest" in such REMIC.
Any distribution of the proceeds of any remaining assets of the Trust Fund will be made only upon presentment and surrender of this Class R-1 Certificate at the offices designated by the Trustee for such purposes or such other location specified in the notice to Certificateholders.
This Class R-1 Certificate has no Certificate Balance and is not entitled to distributions in respect of principal or interest.
The Lower Tier REMIC shall be evidenced by the Class R1 Certificate and the regular interests having the characteristics and terms set forth in the following table, which interests (other than the Class R1 Certificate) shall be issued by the Lower Tier REMIC to the Trustee.
The Certificates, other than the Class R1 Certificate, shall be issued by the Upper Tier REMIC, and the Class R1 Certificate shall be issued by the Lower Tier REMIC.
Series 1998-14 Percentage Interest evidenced by this Class R-1 Certificate in the distributions to be made with respect to the Class R-1 Certificates: % Class R-1 Certificate Interest Rate: 6.500%.