Examples of L Regular Interest in a sentence
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.
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.