Examples of Loan REMIC Residual Interest in a sentence
The Class R Certificates will represent a beneficial interest in the Loan REMIC Residual Interest.
For purposes of the REMIC election in respect of the Loan REMIC, each Class of Loan REMIC Regular Interests shall be designated as the "regular interests" and the Loan REMIC Residual Interest, represented by the Class LR Certificates, shall be designated as the sole class of "residual interests" in the Loan REMIC.
The Class R-EA Certificates represent ownership of the 000 Xxxxxx Xxxxxx Pari Passu Loan REMIC Residual Interest.
The Loan REMIC Residual Interest will represent the sole class of "residual interests" in the Loan REMIC for purposes of the REMIC Provisions under federal income tax law, and will be represented by the Class LR Certificates.
Assignment of ProceedingTimothy Alan Simon is the assigned Commissioner and John S.