IR Interest definition

IR Interest. As defined in the Preliminary Statement.

Examples of IR Interest in a sentence

  • The Class A-R Certificates will represent beneficial ownership of the SR Interest, IR Interest and the MR Interest.

  • The Class R2 Certificates shall represent beneficial ownership of the Class I-R Interest.

  • The Intermediate REMIC will consist of the Uncertificated Subsidiary REMIC Regular Interests and will be evidenced by the Intermediate REMIC Regular Interest (which will represent the "regular interests" in the Intermediate REMIC) and the IR Interest as the single "residual interest" in the Intermediate REMIC.

  • The assets of the Intermediate REMIC will consist of the Subsidiary REMIC 1 Regular Interests and the interests in the Intermediate REMIC will be evidenced by (i) the Intermediate REMIC Regular Interests, which will be uncertificated and will represent the “regular interests” in the Intermediate REMIC and (ii) the IR Interest, which will represent the single class of “residual interest” in the Intermediate REMIC.

  • The Class R Certificates will represent beneficial ownership of the SR Interest, IR Interest, and the MR Interest.

  • The Intermediate REMIC will consist of the Subsidiary REMIC Regular Interests and will be evidenced by (i) the Intermediate REMIC Regular Interests, which will be uncertificated and will represent the "regular interests" in the Intermediate REMIC and (ii) the IR Interest as the single "residual interest" in the Intermediate REMIC.

  • The assets of the Intermediate REMIC will consist of the Subsidiary REMIC Regular Interests and the interests in the Intermediate REMIC will be evidenced by (i) the Intermediate REMIC Regular Interests, which will be uncertificated and will represent the "regular interests" in the Intermediate REMIC and (ii) the IR Interest, which will represent the single class of "residual interest" in the Intermediate REMIC.

  • The Intermediate REMIC will consist of the Uncertificated Subsidiary REMIC Regular Interests and will be evidenced by the Intermediate REMIC Regular Interests (which will represent the "regular interests" in the Intermediate REMIC) and the IR Interest as the single "residual interest" in the Intermediate REMIC.

  • The Intermediate REMIC will consist of the Subsidiary REMIC Regular Interests and will be evidenced by (i) the Intermediate REMIC Regular Interests, which will be uncertificated and will represent the "regular interests" in the Intermediate REMIC and (ii) the IR Interest, which will represent the single class of "residual interest" in the Intermediate REMIC.

  • The Intermediate REMIC will consist of the Subsidiary REMIC Regular Interests and will be evidenced by (i) the Intermediate REMIC Regular Interest, which will be uncertificated and will represent the "regular interests" in the Intermediate REMIC and (ii) the IR Interest as the single "residual interest" in the Intermediate REMIC.