Class UT-R Interest definition

Class UT-R Interest. The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
Class UT-R Interest. The residual interest in the Upper-Tier REMIC. The Class UT-R Interest will be represented by the Class R Certificates.
Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate.

Examples of Class UT-R Interest in a sentence

  • The most significant source of confrontations between TSOs and members of the public is enforcement of RTD’s prohibitions against sleeping and staying at an RTD facility for more than two hours.

  • The Class UT-R Interest, represented by the Class R Certificates, is hereby designated as the sole class of “residual interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(2) of the Code.

  • The Class UT-R Interest will be the sole "residual interest" in the Upper Tier REMIC.

  • The Upper-Tier REMIC The Upper-Tier REMIC shall issue the following classes of Upper-Tier Regular Interests, and each such interest, other than the Class UT-R Interest, is hereby designated as a regular interest in the Upper-Tier REMIC.

  • 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.


More Definitions of Class UT-R Interest

Class UT-R Interest. The sole class of residual interest in the Upper Tier REMIC for purposes of the REMIC Provisions. The Class UT-R Interest shall have neither a principal amount nor an interest rate. The Class UT-R Interest shall be represented by the Class A-R Certificate. Closing Date: September 29, 2006.
Class UT-R Interest. The sole class ofresidual interest” in the Upper Tier REMIC evidenced by the Class R Certificate. Closing Date: February 28, 2007. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions.
Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
Class UT-R Interest. The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement.
Class UT-R Interest. The sole residual interest in the Upper Tier REMIC. The Class UT-R Interest shall be entitled to all distributions on the Class A-R Certificate other than distributions in respect of the Class LT-R Interest and the Class MT-R Interest.
Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate. Closing Date: November 30, 2006. Closing Date Deposit Amount: $465,666.92 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date.
Class UT-R Interest. The sole class of "residual interest" in the Upper-Tier REMIC. The Class UT-R Interest shall consist of all rights associated with the Class R Certificates other than the rights to payments in respect of the Class LT-R Interest.