Class X REMIC III Regular Interest definition

Class X REMIC III Regular Interest means any Class X-A REMIC III Regular Interest, Class X-B REMIC III Regular Interest or Class X-C REMIC III Regular Interest.
Class X REMIC III Regular Interest. Any of REMIC III Regular Interest X-A-1, REMIC III Regular Interest X-A-2, REMIC III Regular Interest X-B, REMIC III Regular Interest X-C, REMIC III Regular Interest X-D, REMIC III Regular Interest X-E, REMIC III Regular Interest X-F, REMIC III Regular Interest X-G, REMIC III Regular Interest X-H, REMIC III Regular Interest X-J, REMIC III Regular Interest X-K, REMIC III Regular Interest X-L, REMIC III Regular Interest X-M and REMIC III Regular Interest X-N.

Related to Class X REMIC III Regular Interest

  • REMIC III Regular Interest The Class CE Interest, Class P Interest, Class IO Interest or any Regular Interest in REMIC III the ownership of which is represented by any of the Class A Certificates or Class M Certificates.

  • REMIC I Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a "regular interest" in REMIC I. Each REMIC I Regular Interest shall accrue interest at the related REMIC I Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC I Regular Interests are set forth in the Preliminary Statement hereto.

  • REMIC II Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC II issued hereunder and designated as a “regular interest” in REMIC II. Each REMIC II Regular Interest shall accrue interest at the related REMIC II Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC II Regular Interests are set forth in the Preliminary Statement hereto.

  • REMIC 2 Regular Interest Each of the REMIC 2 Interests other than the Class LT2-R Interest.

  • REMIC 1 Regular Interest Each of the REMIC 1 Interests other than the Class LT1-R Interest.