Loan REMIC Pooled Regular Interest definition

Loan REMIC Pooled Regular Interest. The separate non-certificated beneficial ownership interest in the Loan REMIC issued hereunder and designated as a "regular interest" in the Loan REMIC, as described in the Preliminary Statement hereto.
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Loan REMIC Pooled Regular Interest. With respect to Alliance Center Mortgage Loan, the Loan REMIC AC Pooled Regular Interest and with respect to the Battlefield Mall Mortgage Loan, the Loan REMIC BM Pooled Regular Interest.
Sample 1
Loan REMIC Pooled Regular Interest. An uncertificated regular interest in the Loan REMIC which is held as an asset of REMIC I and having the original Loan REMIC Principal Amount and per annum rate of interest equal to the 00 Xxxxxxx Xxxxxx Loan REMIC Remittance Rate.
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Examples of Loan REMIC Pooled Regular Interest in a sentence

  • The Four Seasons Resort and Club - Dallas, TX Loan REMIC Pooled Regular Interest and the Class FS-NP Uncertificated Interest will be the “regular interests” in the Four Seasons Resort and Club - Dallas, TX Loan REMIC for purposes of the REMIC Provisions, will not be certificated and will be held by REMIC I.

  • Simon Collateral Support Deficits and additional Trust Fund expenses allocable to the Simon Mortgage Loan will, after all the Classes of Class S Certificates have been reduced to zero, reduce the Uncertificated Principal Balance of the Loan REMIC Pooled Regular Interest corresponding to the Simon Pooled Component.

  • The Loan REMIC Pooled Regular Interest, the Class KCM-1 Uncertificated Interest, the Class KCM-2 Uncertificated Interest and the Class KCM-3 Uncertificated Interest will not be certificated and will be held by the Lower-Tier REMIC.

  • Component Mortgage Loan Collateral Support Deficits and additional Trust Fund expenses allocable to a Component Mortgage Loan will, after all the Classes of the related Component Mortgage Loan Certificates have been reduced to zero, reduce the Uncertificated Principal Balance of the Loan REMIC Pooled Regular Interest corresponding to the related Pooled Component.

  • The Loan REMIC Pooled Regular Interest and the Class MAD-NP Uncertificated Interest will be the "regular interests" in the Loan REMIC for purposes of the REMIC provisions, will not be certificated and will be held by the Lower-Tier REMIC.

  • Republic Plaza Collateral Support Deficits and additional Trust Fund expenses allocable to the Republic Plaza Mortgage Loan will, after all the Classes of the RP Certificates have been reduced to zero, reduce the Uncertificated Principal Balance of the Loan REMIC Pooled Regular Interest corresponding to the Republic Plaza Pooled Component.

  • The Simon Loan REMIC Pooled Regular Interest, the Class KSP-1 Uncertificated Interest, the Class KSP-2 Uncertificated Interest and the Class KSP-3 Uncertificated Interest will not be certificated and will be held by the Lower-Tier REMIC.

  • The Loan REMIC Pooled Regular Interest, the Class KS-1 Uncertificated Interest, the Class KS-2 Uncertificated Interest and the Class KS-3 Uncertificated Interest will not be certificated and will be held by the Lower-Tier REMIC.

  • The segregated pool of assets consisting of the Villas Parkmerced Mortgage Loan and certain other related assets subject to this Agreement will be designated as the "Villas Parkmerced Loan REMIC." The Villas Parkmerced Loan REMIC Pooled Regular Interest and the Class VPM-1-NP, Class VPM-2-NP, Class VPM-3-NP and Class VPM-4-NP Regular Interests will be the "regular interests" in the Villas Parkmerced Loan REMIC, will not be certificated and will be held by Lower-Tier REMIC.

  • The Loan REMIC Pooled Regular Interest and the Class MAD-NP Uncertificated Interest will be the "regular interests" in the Loan REMIC for purposes of the REMIC provisions, will not be certificated and will be held by REMIC I.

Related to Loan REMIC Pooled Regular Interest

  • Corresponding REMIC II Regular Interest means the REMIC II Regular Interest or one of the REMIC II Regular Interests, as applicable, designated as such in the Preliminary Statement with respect to any Class of Principal Balance Certificates, any EX XXXXX III Regular Interest, any Class of Class X Certificates or any Class X REMIC III Regular Interest.

  • Corresponding REMIC I Regular Interest means with respect to each Mortgage Loan, the REMIC I Regular Interest having an initial Certificate Balance equal to the Principal Balance of such Mortgage Loan outstanding as of the Cut-Off Date, after taking into account all principal and interest payments made or due prior to the Cut-Off Date.

  • REMIC I Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and, in each such case, designated as a “regular interest” (within the meaning of Section 860G(a)(1) of the Code) in REMIC I. The REMIC I Regular Interests have the designations and terms provided for in Section 2.11.

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

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

  • REMIC I Regular Interest I-LTP One of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular Interest I-LTP shall be entitled to any Prepayment Charges collected by the Master Servicer and to a distribution 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.

  • Subsidiary REMIC Regular Interest Any one of the "regular interests" in the Subsidiary REMIC described in the Preliminary Statement.

  • REMIC Regular Interest Any REMIC I Regular Interest or REMIC II Regular Interest.

  • Lower Tier REMIC Regular Interest As specified in the Preliminary Statement.

  • REMIC III Regular Interests The Classes of undivided beneficial interests in REMIC III designated as “regular interests” in the table titled “REMIC III Interests” in the Preliminary Statement hereto.

  • REMIC I Regular Interests The Classes of undivided beneficial interests in REMIC I designated as “regular interests” in the table titled “REMIC I Interests” in the Preliminary Statement hereto. The REMIC I Regular Interests, together with the Class R-1 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • REMIC II Regular Interests The Classes of undivided beneficial interests in REMIC II designated as “regular interests” in the table titled “REMIC II Interests” in the Preliminary Statement hereto. The REMIC II Regular Interests, together with the Class R-2 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • 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.

  • REMIC 2 Regular Interests One of the separate non-certificated beneficial ownership interests in REMIC 2 issued hereunder and designated as a Regular Interest in REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related Uncertificated REMIC 2 Pass-Through 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 Principal Balance as set forth in the Preliminary Statement hereto. The following is a list of each of the REMIC 2 Regular Interests: REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTA1, REMIC 2 Regular Interest LTA2, REMIC 2 Regular Interest LTA3, REMIC 2 Regular Interest LTA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10, REMIC 2 Regular Interest LTZZ, REMIC 2 Regular Interest LTP and REMIC 2 Regular Interest LTIO.

  • REMIC 1 Regular Interests REMIC 1 Regular Interest LT1A, REMIC 1 Regular Interest LT1B, REMIC 1 Regular Interest LT1C, REMIC 1 Regular Interest LT1D and REMIC 1 Regular Interest LT1P.

  • Regular Interest A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code.

  • Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.

  • REMIC Regular Interests The REMIC I Regular Interests and REMIC II Regular Interests.

  • Regular Interests (i) With respect to REMIC I, the REMIC I Regular Interests and (ii) with respect to REMIC II, the REMIC II Regular Interests.

  • Uncertificated REMIC I Regular Interests The Uncertificated REMIC I Regular Interests Z together with the interests identified in the table below, each representing an undivided beneficial ownership interest in REMIC I, and having the following characteristics:

  • Regular Interval means monthly, quarterly, half yearly or annual periods.

  • Class A-L Regular Interests The Class A-1A-L, Class A-1B-L and Class A-1C-L Regular Interests.

  • Upper-Tier Regular Interest As described in the Preliminary Statement.

  • Corresponding Lower-Tier Regular Interest As identified in the Preliminary Statement with respect to any Class of Principal Balance Certificates or Component.