Regular Interests definition

Regular Interests. (i) With respect to REMIC I, the REMIC I Regular Interests and (ii) with respect to REMIC II, the REMIC II Regular Interests.

Regular Interests. (i) With respect to REMIC I, the REMIC I Regular Interests, (ii) with respect to REMIC II, the REMIC II Regular Interests and (iii) with respect to REMIC III, the REMIC III Regular Interests. Regulation AB: Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time.

Regular Interests. Interests in a REMIC that are designated as "regular interests" under the REMIC Provisions.

Examples of Regular Interests in a sentence

• If the REMIC Administrator makes two or more separate REMIC elections, the applicable REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the related Uncertificated REMIC Regular Interests and the last distribution due on the Certificates is made.

• The REMIC I Regular Interests shall constitute the assets of REMIC II.

• The REMIC Regular Interests will represent "regular interests" in one of the REMICs included in the Trust Fund.

• The REMIC II Regular Interests shall constitute the assets of REMIC III.

• Pursuant to Section 3818 of the Statutory Trust Statute, the REMIC I Regular Interests shall not be cancelled and shall be held as treasury interests owned by the Trust.

More Definitions of Regular Interests

Regular Interests. The REMIC I Regular Interests, the REMIC II Regular Interests or the Certificates (other than the Class R Certificates).

Regular Interests. The Class A, Class X, Class B, Class C, Class D, Class E and Class F Regular Interests.

Regular Interests. The Regular Certificates and the Uncertificated VRR Interest, collectively.

Regular Interests. The Class A Certificates and the Class X Certificates.

Regular Interests. The REMIC I Regular Interests.

Regular Interests and "Residual Interests" under REMIC. (a) The Trustee has caused to be executed (not in its individual capacity, but solely as Trustee), countersigned and delivered to or upon the written order of the Depositor, in exchange for the Trust Balances of the Home Equity Loans, concurrently with the sale and assignment to the Trustee of the Trust Balances of the Home Equity Loans, Certificates in authorized denominations evidencing the entire ownership of the Trust Fund.

Regular Interests. Any Upper Tier Regular Interests or Lower Tier Regular Interests and any regular interest in the Class P REMIC or the Class X REMIC. Regulation AB: Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.