Middle Tier REMIC Interest. Any one of the Middle-Tier REMIC Regular Interests or Class A-MR Interest.

Middle Tier REMIC Interest. As specified in the Preliminary Statement.

Middle Tier REMIC Interest. Any one of the classes of Middle-Tier REMIC Interests described in Section 2.04.

Examples of Middle Tier REMIC Interest in a sentence

Each Middle Tier REMIC Interest (other than the Class MTR-A-R Interest) is hereby designated as a regular interest in the Middle Tier REMIC and each Lower Tier REMIC Interest (other than the Class LTR-A-R Interest) is hereby designated as a regular interest in the Lower Tier REMIC .
Each Middle Tier REMIC Interest (other than the Class MTR-A-R Interest) is hereby designated as a regular interest in the Middle Tier REMIC.
Each Middle Tier REMIC Interest (other than the Class MT-A-R Interest) is hereby designated as a regular interest in the Middle Tier REMIC.
Each Middle Tier REMIC Interest (other than the Class MTR-AR Interest) is hereby designated as a regular interest in the Middle Tier REMIC.
The following table specifies the class designation, interest rate and principal amount for each class of Middle Tier REMIC Interest.

More Definitions of Middle Tier REMIC Interest

Middle Tier REMIC Interest has a principal balance that is initially equal to 50% of its Corresponding Certificate Class issued by the Master REMIC. Principal payments, both scheduled and prepaid, Realized Losses, Subsequent Recoveries and interest accruing on the MT-6-X-Accrual Interest will be allocated to this class to maintain its size relative to its Corresponding Certificate Class (that is, 50%) with any excess payments of principal, Realized Losses and Subsequent Recoveries being allocated to the MT-6-X-Accrual Interest in such manner as to cause the principal balance of the MT-6-X Accrual Interest to have a principal balance equal to the principal balance of the Class MT-6-A-1, Class MT-6-A-2 and Class MT-6-A-3 Interests (the "MT-6-A Interests" and, together with the MT-6-X Accrual Interest, the "MT-6 Interests") plus (b) 100% of the Net Deferred Interest allocated to the Class 6-X Certificates.

Middle Tier REMIC Interest. Any one of the classes of Middle Tier REMIC Interests described in the Preliminary Statement hereto.

Middle Tier REMIC Interest has a principal balance that is initially equal to 50% of its Corresponding Certificate Class issued by the Master REMIC. Principal payments, both scheduled and prepaid, Realized Losses, Subsequent Recoveries and interest accruing on the MT-2-X-Accrual Interest will be allocated to this class to maintain its size relative to its Corresponding Certificate Class (that is, 50%) with any excess payments of principal, Realized Losses and Subsequent Recoveries being allocated to the MT-2-X-Accrual Interest in such manner as to cause the principal balance of the MT-2-X Accrual Interest to have a principal balance equal to the principal balance of the Class MT-2-A-1 Interest (together with the MT-2-X Accrual Interest, the "MT-2 Interests") plus (b) 100% of the Net Deferred Interest allocated to the Class 2-X Certificates.

Middle Tier REMIC Interest. Any one of the Subsidiary REMIC Interests or the SR-A-R Interest.

Middle Tier REMIC Interest has a principal balance that is initially equal to 50% of its Corresponding Certificate Class issued by the Master REMIC. Principal payments, both scheduled and prepaid, Realized Losses, Subsequent Recoveries and interest accruing on the MT-M-X-Accrual Interest will be allocated to this class to maintain its size relative to its Corresponding Certificate Class (that is, 50%) with any excess payments of principal, Realized Losses and Subsequent Recoveries being allocated to the MT-M-X-Accrual Interest in such manner as to cause the principal balance of the MT-M-X Accrual Interest to have a principal balance equal to the principal balance of the Class MT-M, MT-B-1, Class MT-B-2, Class MT-B-3, MT-B-4 and MT-B-5 Interests (the "MT-M and MT-B Interests" and together with the MT-M-X Accrual Interest, the "MT-S Interests") plus (b) 100% of the net deferred interest allocated to the Class M-X Certificates.

Middle Tier REMIC Interest has a principal balance that is initially equal to 50% of its Corresponding Certificate Class issued by the Master REMIC. Principal payments, both scheduled and prepaid, Realized Losses, Subsequent Recoveries and interest accruing on the MT-II-B-X-Accrual Interest will be allocated to this class to maintain its size relative to its Corresponding Certificate Class (that is, 50%) with any excess payments of principal, Realized Losses and Subsequent Recoveries being allocated to the MT-II-B-X-Accrual Interest in such manner as to cause the principal balance of the MT-II-B-X Accrual Interest to have a principal balance equal to the principal balance of the Class MT-II-M-1, MT-II-B-1 and Class MT-II-B-2 Interests (the "MT-II-Sub Interests" and together with the MT-II-B-X Accrual Interest, the "MT-II Interests") plus (b) 100% of the net deferred interest allocated to the Class II-B-X Certificates.

Middle Tier REMIC Interest has a principal balance that is initially equal to 50% of its Corresponding Certificate Class issued by the Master REMIC. Principal payments, both scheduled and prepaid, Realized Losses, Subsequent Recoveries and interest accruing on the MT-II-Accrual Interest will be allocated to this class to maintain its size relative to its Corresponding Certificate Class (that is, 50%) with any excess payments of principal, Realized Losses and Subsequent Recoveries being allocated to the MT-II-Accrual Interest in such manner as to cause the principal balance of the MT-II-Accrual Accrual Interest to have a principal balance equal to the principal balance of the Class MT-II-A-1 and Class MT-II-A-2 Interests (the "MT-II-A Interests" and together with the MT-II Accrual Interest, the "MT-II Interests") plus (b) 100% of the net deferred interest allocated to the Class II-PO Certificates.