Middle-Tier REMIC. As described in the Preliminary Statement.
Middle-Tier REMIC. As defined in the Preliminary Statement, the assets of which consist of the Uncertificated Lower-Tier Interests and such amounts as shall from time to time be deemed held in the Middle-Tier Certificate Sub-Account.
Middle-Tier REMIC. As described in the Preliminary Statement to this Agreement.
Examples of Middle-Tier REMIC in a sentence
The Closing Date is hereby designated as the "start-up day" of each of the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC within the meaning of Section 860G(a)(9) of the Code.
The Uncertificated Middle-Tier Interests shall constitute the "regular interests" in the Middle-Tier REMIC.
The Trust Estate for federal income tax purposes will be treated as three separate real estate mortgage investment conduits (the "Upper-Tier REMIC," the "Middle-Tier REMIC" and the "Lower-Tier REMIC," respectively, and each, a "REMIC").
The Holder of the Class 1-A-MR Certificate is hereby designated as the Tax Matters Person for the Middle-Tier REMIC.
The Class R-M Interest shall be the sole "residual interest" in the Middle-Tier REMIC.
More Definitions of Middle-Tier REMIC
Middle-Tier REMIC. The Middle-Tier REMIC as described in Section 2.04.
Middle-Tier REMIC. The REMIC described in Section 2.07 which is the issuer of the Middle-Tier REMIC Regular Interests and the MR Interest.
Middle-Tier REMIC. The Middle Tier REMIC as described in the Preliminary Statement hereto.
Middle-Tier REMIC. As described in the Preliminary Statement. MIN: The mortgage identification number for any MERS Mortgage Loan.
Middle-Tier REMIC. One of the three separate REMICs comprising the Trust Fund, the assets of which consist of the Uncertificated Lower-Tier Interests and such amounts as shall from time to time be held in the Middle-Tier Distribution Account.
Middle-Tier REMIC. One of the three separate REMICs comprising the Trust Estate, the assets of which consist of the Uncertificated Lower-Tier Interests and such amounts as shall from time to time be held in the Middle-Tier Certificate Account. MIN: A MERS Mortgage Identification Number assigned to a Mortgage Loan registered under MERS.
Middle-Tier REMIC. Not applicable.