L Regular Interest. The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein.
L Regular Interest. The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class B-11 Certificates: The Certificates designated as “Class B-11” on the face thereof in substantially the form attached hereto as Exhibit A.
L Regular Interest. The uncertificated undivided beneficial interest in REMIC III which constitutes a REMIC III Regular Interest and is entitled to distributions as set forth herein. Class CA Group 1 Component: The Class CA-1B Group 1 or Class CA-1C Group 1 Component, as applicable. Class CA Group 2 Component: The Class CA-1B Group 2 or Class CA-1C Group 2 Component, as applicable.
Examples of L Regular Interest in a sentence
The REMIC I Remittance Rate (as defined herein) and the initial Uncertificated Principal Balance of each such REMIC I Regular Interest shall be based on the Net Mortgage Rate as of the Cut-off Date and the Cut-off Date Principal Balance, respectively, for the related Mortgage Loan or REMIC L Regular Interest, as applicable.
Each REMIC L Regular Interest will (i) accrue interest at the related per annum rate described in the definition of "REMIC L Remittance Rate" and (ii) have an initial REMIC L Principal Balance equal to: (A) $65,000,000 in the case of REMIC L Regular Interest FNB-I; and (B) $33,000,000 in the case of REMIC L Regular Interest FNB-II.
With respect to each Mortgage Loan and each REMIC L Regular Interest, there shall be a corresponding REMIC I Regular Interest.
The employees use them in various stores for purchases of various food items on different dates throughout the year.
Each REMIC L Regular Interest will relate to the First National Bank Center Loan and any successor REO Loan with respect thereto.
More Definitions of L Regular Interest
L Regular Interest. The uncertificated partial -------------------------------- undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class I-A-17 Certificates: The Certificates designated as --------------------------- "Class I-A-17" on the face thereof in substantially the form attached hereto as Exhibit A-I-A-17.
L Regular Interest. The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as specified herein.
L Regular Interest. The uncertificated undivided beneficial interest in REMIC IV which constitutes a REMIC IV Regular Interest and is entitled to distributions as set forth herein. Class L-B-10 Certificates: The Certificates designated as “Class L-B-10” on the face thereof in substantially the form attached hereto as Exhibit A. Class L-B-10-L Regular Interest: The uncertificated undivided beneficial interest in REMIC IV which constitutes a REMIC IV Regular Interest and is entitled to distributions as set forth herein. Class L-B-11 Certificates: The Certificates designated as “Class L-B-11” on the face thereof in substantially the form attached hereto as Exhibit A.
L Regular Interest. The uncertificated undivided beneficial interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Class C-B-3 Certificates: The Certificates designated as “Class C-B-3” on the face thereof in substantially the form attached hereto as Exhibit A. Class C-B-3-L Regular Interest: The uncertificated undivided beneficial interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Class C-B-4 Certificates: The Certificates designated as “Class C-B-4” on the face thereof in substantially the form attached hereto as Exhibit A. Class C-B-4-L Regular Interest: The uncertificated undivided beneficial interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Class C-B-5 Certificates: The Certificates designated as “Class C-B-5” on the face thereof in substantially the form attached hereto as Exhibit A. Class C-B-5-L Regular Interest: The uncertificated undivided beneficial interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein.
L Regular Interest. The uncertificated partial undivided beneficial ownership interest in REMIC I which constitutes a REMIC I Regular Interest. The "related Loan Group" for the Class Y-1-L Regular Interests is Loan Group I.
L Regular Interest. The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class II-P Fraction: For each Class II-P Mortgage Loan, a fraction, the numerator of which is 7.000% less the Pass-Through Rate on such Class II-P Mortgage Loan and the denominator of which is 7.000%. Class II-P Mortgage Loan: Any Group II Loan with a Pass-Through Rate of less than 7.000% per annum. Class II-X Certificates: The Certificates designated as "Class II- X" on the face thereof in substantially the form attached hereto as Exhibit A. Class II-X Notional Amount: With respect to any Distribution Date, the product of (x) the aggregate scheduled principal balance, as of the second preceding Due Date after giving effect to payments scheduled to be received as of such Due Date, whether or not received (and after giving effect to Principal Prepayments, Monthly P&I Advances and the principal portion of Realized Losses applied prior to such Due Date), or with respect to the initial Distribution Date, as of the Cut-Off Date, of the Group II Premium Rate Mortgage Loans and (y) a fraction, the numerator of which is the weighted average of the Stripped Interest Rates for the Group II Premium Rate Mortgage Loans as of such Due Date and the denominator of which is 7.000%. Class II-X-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class II-X-M Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Class III-A-1 Certificates: The Certificates designated as "Class
L Regular Interest. The uncertificated undivided beneficial interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Clean-Up Call Percentage: 10%.