Lower Tier REMIC Regular Interests definition

Lower Tier REMIC Regular Interests. Each of the Lower Tier REMIC Interests other than the Class LTR Interest.
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Lower Tier REMIC Regular Interests. Lower-Tier REMIC Regular Interest I and Lower-Tier REMIC Regular Interest II.
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Lower Tier REMIC Regular Interests. As defined in Section 2.8(b) hereof.
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Examples of Lower Tier REMIC Regular Interests in a sentence

  • The Upper Tier REMIC will consist of the Lower Tier REMIC Regular Interests and will be evidenced by the REMIC Regular Interests (which will represent the "regular interests" in the Upper Tier REMIC) and the Residual Interest as the single "residual interest" in the Upper Tier REMIC.

  • The assets of the Upper Tier REMIC shall be the Lower Tier REMIC Regular Interests.

  • Each of the Lower Tier REMIC Regular Interests shall have the characteristics set forth in its definition.

  • The SWAP REMIC will consist of all of the assets constituting the Trust Fund (other than the assets described in clauses (ii), (iii), (iv) and (v) above, other than the SWAP REMIC Regular Interests and other than the Lower Tier REMIC Regular Interests) and will be evidenced by the SWAP REMIC Regular Interests (which will be uncertificated and will represent the "regular interests" in the SWAP REMIC) and the Class SWR Interest as the single "residual interest" in the SWAP REMIC.

  • The Lower Tier REMIC shall issue the Lower Tier REMIC Regular Interests, which shall be designated as regular interests of such REMIC and shall issue the Class LTR Interest, which shall be designated as the sole class of residual interest in the Lower Tier REMIC.


More Definitions of Lower Tier REMIC Regular Interests

Lower Tier REMIC Regular Interests as provided in Section 3.11.
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Lower Tier REMIC Regular Interests. As specified in the Preliminary Statement.
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Lower Tier REMIC Regular Interests. Each of the Lower Tier REMIC Interests other than the Class LTR Interest. LPMI: Lender Paid Mortgage Insurance.
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Lower Tier REMIC Regular Interests. The meaning provided in the Preliminary Statement to this Agreement under “Lower-Tier REMIC.”
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Lower Tier REMIC Regular Interests. Each of the Lower Tier ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ than the Class LTR Interest.
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Lower Tier REMIC Regular Interests. Each of the Class LT-A1 Interest, the Class LT-A2 Interest, the Class LT-A3A Interest, the Class LT-A3B Interest, the Class LT-B1 Interest, the Class LT-B2 Interest, the Class LT-B3 Interest, the Class LT-M1 Interest, the Class LT-M2 Interest, the Class LT-M3 Interest, the Class LT-Z Interest, the Class LT-AR Interest, the Class LT-1A Interest, the Class LT-1B Interest, the Class LT2A Interest, the Class LT-2B Interest, the Class LT-3A Interest, the Class LT-3B Interest and the Class LT-X Interest.
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Lower Tier REMIC Regular Interests. As defined in Section ---------------------------------- 2.09
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