M Regular Interest definition
M Regular Interest. The uncertificated undivided beneficial interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein.
M Regular Interest. The Class I-X-M and Class II-X-M Regular Interests. Clean-Up Call Percentage: 5%.
M Regular Interest. The Class A-X-M and Class II-X-M Regular Interests.
Examples of M Regular Interest in a sentence
For purposes of such election, the Class ▇-▇, ▇▇▇▇▇ ▇-▇, Class X, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class I, Class J, Class K and Class L Certificates, together with the REMIC III Class M Regular Interest and the REMIC III Excess Interest, shall be designated as the "regular interests" in REMIC III and the Class R-III Certificates shall be designated as the sole class of "residual interests" in REMIC III.