Class R-8 Interest definition

Class R-8 Interest. The uncertificated Residual Interest in REMIC 8.

Examples of Class R-8 Interest in a sentence

• REMIC 8 As provided herein, the Trustee shall make an election to treat the Class B-2 Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC 8." The Class R-8 Interest represents the sole class of "residual interests" in REMIC 8 for purposes of the REMIC Provisions.

• The Class R-8 Interest, together with the Class CE-1 Certificates, constitute the entire beneficial ownership interest in REMIC 8.

• The interests evidenced by the Class R-8 Interest, together with the Class C Certificates, constitute the entire beneficial ownership interest in REMIC 8.

• The interests evidenced by the Class R-8 Interest, together with the Class CE Certificates, constitute the entire beneficial ownership interest in REMIC 8.