LT-8 definition

LT-8. The uncertificated class of interests in the Lower-Tier REMIC, as described in and designated in Section 2.8 hereof.
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Examples of LT-8 in a sentence

  • Y8 = the Uncertificated Principal Balance of REMIC I Regular Interest LT8 after distributions on the prior Distribution Date (note: Y7 = Y8).

  • AY8 = the REMIC I Regular Interest LT8 Principal Reduction Amount.

  • P0 = the aggregate Uncertificated Principal Balance of REMIC I Regular Interests LT1, LT2, LT3, LT4, LT6, LT7, LT8, LT10, LT11 and LT12 after distributions and the allocation of Realized Losses and Net Negative Amortization Amounts on the prior Distribution Date.

  • P1 = the aggregate Uncertificated Principal Balance of REMIC I Regular Interests LT1, LT2, LT3, LT4, LT6, LT7, LT8, LT10, LT11 and LT12 after distributions and the allocation of Realized Losses and Net Negative Amortization Amounts to be made on such Distribution Date.

  • For federal income tax purposes the foregoing rate is expressed as a rate per annum equal to the percentage equivalent of a fraction, the numerator of which is the sum of the amounts calculated pursuant to clauses (i) through (iii) below, and the denominator of which is the aggregate principal balance of REMIC I Regular Interests LT5, LT6, LT7 and LT8.

  • P0 = the aggregate principal balance of the Class LT1, LT2, LT3, LT4, LT6, LT7 and LT8 Regular Interests after distributions and the allocation of Realized Losses and Net Negative Amortization Amounts on the prior Distribution Date.

  • Non-Contravention...................................5 SECTION 2.05.

  • P1 = the aggregate principal balance of the Class LT1, LT2, LT3, LT4, LT6, LT7, LT8, LTY1, LTY2 and LTY3 Regular Interests after distributions and the allocation of Realized Losses and Net Negative Amortization Amounts to be made on such Distribution Date.

  • The Lower-Tier Interests LT-1, LT-2, LT-3, LT-4, LT-5, ▇▇-▇, ▇▇-▇, LT-8 and LT-9 shall be issued as non-certificated interests and recorded on the records of the Lower-Tier REMIC as being issued to and held by the Trustee on behalf of the Upper-Tier REMIC.

  • LT-2 1-2 LT-3 1-3 LT-4 1-4 LT-5 1-5 LT-6 1-6 LT-7 1-7 LT-8 1-8 LT-9 1-9 L▇-▇▇ ▇-▇▇ ▇▇-▇▇ ▇-▇▇ ▇▇-▇▇ 1-12 LT-13 1-13 98795 Sequoia 2004-1 Pooling and Servicing Agmt.