Related Uncertificated Lower-Tier Interest definition

Related Uncertificated Lower-Tier Interest. For the following Classes of Uncertificated Lower-Tier Interests, the related Class of Certificates and Class X Components set forth below and for the following Classes of Certificates and Class X Components, the related Class of Uncertificated Lower-Tier Interests set forth below: Related Certificates Related Uncertificated Lower-Tier Interest Related Class X Component Class A Certificates Class LA Uncertificated Interest Class A Component Class B Certificates Class LB Uncertificated Interest Class B Component Class C Certificates Class LC Uncertificated Interest Class C Component Class D Certificates Class LD Uncertificated Interest N/A Class E Certificates Class LE Uncertificated Interest N/A Class F Certificates Class LF Uncertificated Interest N/A
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Related Uncertificated Lower-Tier Interest. For each of the following Uncertificated Lower-Tier Interests, the related Class of Principal Balance Certificates set forth below in the same row, and for each of the following Classes of Principal Balance Certificates, the related Uncertificated Lower-Tier Interest forth below in the same row. Related Certificates Related Uncertificated Lower-Tier Interest Class A Certificates Class LA Uncertificated Interest Class B Certificates Class LB Uncertificated Interest Class VRR Certificates Class LVRR Uncertificated Interest
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Related Uncertificated Lower-Tier Interest. For the following Classes of Uncertificated Lower-Tier Interests, the related Class of Certificates set forth below and for the following Classes of Certificates, the related Class of Uncertificated Lower-Tier Interests set forth below: Related Uncertificated Related Certificate Lower-Tier Interest ------------------- ------------------- Class [A-1] Certificate Class [LA-1] Uncertificated Interest Class [A-2] Certificate Class [LA-2] Uncertificated Interest Class [B] Certificate Class [LB] Uncertificated Interest Class [C] Certificate Class [LC] Uncertificated Interest Class [D] Certificate Class [LD] Uncertificated Interest Class [E] Certificate Class [LE] Uncertificated Interest Class [F] Certificate Class [LF] Uncertificated Interest Class [G] Certificate Class [LG] Uncertificated Interest Class [H] Certificate Class [LH] Uncertificated Interest
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More Definitions of Related Uncertificated Lower-Tier Interest

Related Uncertificated Lower-Tier Interest. For each of the following Uncertificated Lower-Tier Interests, the related Class of Principal Balance Certificates or the Related Trust Loan Component set forth below in the same row, for each of the following Classes of Principal Balance Certificates, the related Uncertificated Lower-Tier Interest or the Related Trust Loan Component set forth below in the same row, and for each of the following Trust Loan Components, the related Class of Principal Balance Certificates or the related Uncertificated Lower Tier Interest set forth below in the same row. Related Certificates Related Uncertificated Lower-Tier Interest Related Trust Loan Component Class A Certificates Class LA Uncertificated Interest Trust Loan Component A Class B Certificates Class LB Uncertificated Interest Trust Loan Component B Class C Certificates Class LC Uncertificated Interest Trust Loan Component C Class D Certificates Class LD Uncertificated Interest Trust Loan Component D Class HRR Certificates Class LHRR Uncertificated Interest Trust Loan Component HRR
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Related Uncertificated Lower-Tier Interest and "Related Component" shall mean, for the following Classes of Uncertificated Lower-Tier Interests and Components, the related Class of Certificates set forth below; for the following Classes of Certificates, the related Class or Classes of Uncertificated Lower-Tier Interests and Components set forth below; and for the following Components, the related Class of Certificates or Class of Uncertificated Lower-Tier Interests set forth below: Related Uncertificated Related Related Certificates Lower-Tier Interest Component ----------------------- ------------------------------------ --------------- Class A-1 Certificate Class LA-1 Uncertificated Interest Component A-1 Class A-2 Certificate Class LA-2 Uncertificated Interest Component A-2 Class A-AB Certificate Class LA-AB Uncertificated Interest Component A-AB Class A-3 Certificate Class LA-3 Uncertificated Interest Component A-3 Class A-1-A Certificate Class LA-1-A Uncertificated Interest Component A-1-A Class A-M Certificate Class LA-M Uncertificated Interest Component A-M Class A-J Certificate Class LA-J Uncertificated Interest Component A-J Class B Certificate Class LB Uncertificated Interest Component B Class C Certificate Class LC Uncertificated Interest Component C Class D Certificate Class LD Uncertificated Interest Component D Class E Certificate Class LE Uncertificated Interest Component E Class F Certificate Class LF Uncertificated Interest Component F Class G Certificate Class LG Uncertificated Interest Component G Class H Certificate Class LH Uncertificated Interest Component H Class J Certificate Class LJ Uncertificated Interest Component J Class K Certificate Class LK Uncertificated Interest Component K Class L Certificate Class LL Uncertificated Interest Component L Class M Certificate Class LM Uncertificated Interest Component M Class N Certificate Class LN Uncertificated Interest Component N Class O Certificate Class LO Uncertificated Interest Component O Class P Certificate Class LP Uncertificated Interest Component P Class Q Certificate Class LQ Uncertificated Interest Component Q
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Related Uncertificated Lower-Tier Interest and "Related Component" shall mean, for the following Classes of Uncertificated Lower-Tier Interests and Components, the related Class of Certificates or Class A-MFL Regular Interest set forth below; for the following Classes of Certificates or Class A-MFL Regular Interest, the related Class or Classes of Uncertificated Lower-Tier Interests and Components set forth below; and for the following Components, the related Class of Certificates, Class A-MFL Regular Interest or Class of Uncertificated Lower-Tier Interests set forth below: Related Component of Class Related Uncertificated A-X and A-SP Related Certificates Lower-Tier Interest(1) Certificates(1) ---------------------------- -------------------------------------- ----------------
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Related Uncertificated Lower-Tier Interest. For the following Classes of Uncertificated Lower-Tier Interests, the related Class of Certificates set forth below and for the following Classes of Certificates, the related Class of Uncertificated Lower-Tier Interests set forth below: Related Uncertificated Related Certificate Lower-Tier Interest ---------------------- --------------------------------------- Class [A-1] Certificate Class [LA-1] Uncertificated Interest Class [A-2] Certificate Class [LA-2] Uncertificated Interest Class [B] Certificate Class [LB] Uncertificated Interest Class [C] Certificate Class [LC] Uncertificated Interest
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Related Uncertificated Lower-Tier Interest and "Related Components" shall mean, for the following Classes of Uncertificated Lower-Tier Interests and Components, the related Class of Certificates set forth below; for the following Classes of Certificates, the related Class or Classes of Uncertificated Lower-Tier Interests and Components set forth below; and for the following Components, the related Class of Certificates or Class of Uncertificated Lower-Tier Interests set forth below:
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Related to Related Uncertificated Lower-Tier Interest

  • Uncertificated Lower-Tier Interest A regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and is entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest are Uncertificated Lower-Tier Interests.

  • Uncertificated Lower-Tier Interests Any of the Class LA1, Class LA2, Class LA3, Class LA4, Class LA5, Class LASB, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF and Class LNR Uncertificated Interests.

  • Class LD Uncertificated Interest A regular interest in the Lower-Tier REMIC, which is held as an asset of the Upper-Tier REMIC and has the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Introductory Statement.

  • Class LB Uncertificated Interest A regular interest in the Lower-Tier REMIC, which is held as an asset of the Upper-Tier REMIC and has the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Introductory Statement.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Class LC Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Class LE Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Uncertificated Distributable Interest As defined in Section 2.11(g) with respect to any REMIC I Regular Interest for any Distribution Date and in Section 2.13(g) with respect to any REMIC II Regular Interest for any Distribution Date.

  • Uncertificated REMIC I Regular Interests The Uncertificated REMIC I Regular Interests Z together with the interests identified in the table below, each representing an undivided beneficial ownership interest in REMIC I, and having the following characteristics:

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Lower Tier REMIC Interests Each of the Class LTA-1 Interest, the Class LTA-2A Interest, the Class LTA-2B Interest, the Class LTA-2C Interest, the Class LTA-2D Interest, the Class LTM-1 Interest, the Class LTM-2 Interest, the Class LTM-3 Interest, the Class LTM-4 Interest, the Class LTM-5 Interest, the Class LTM-6 Interest, the Class LTB-1 Interest, the Class LTB-2 Interest, the Class LTB-3 Interest, the Class LTIX Interest, the Class LTIIX Interest, the Class LTII1A Interest, the Class LTII1B Interest, the Class LTII2A Interest, the Class LTII2B Interest, the Class LT-IO Interest and the Class LTR Interest.

  • Uncertificated Principal Balance With respect to each REMIC Regular Interest, the amount of such REMIC Regular Interest outstanding as of any date of determination. As of the Closing Date, the Uncertificated Principal Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial Uncertificated Principal Balance. On each Distribution Date, the Uncertificated Principal Balance of each REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 4.07 and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 4.05(b), and the Uncertificated Principal Balance of REMIC 2 Regular Interest MT-ZZ shall be increased by interest deferrals as provided in Section 4.07. The Uncertificated Principal Balance of each REMIC Regular Interest that has an Uncertificated Principal Balance shall never be less than zero.

  • Corresponding Lower-Tier Regular Interest As identified in the Preliminary Statement with respect to any Class of Principal Balance Certificates or Component.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Uncertificated Interest With respect to any REMIC I Regular Interest for any Distribution Date, one month's interest at the REMIC I Remittance Rate applicable to such REMIC I Regular Interest for such Distribution Date, accrued on the Uncertificated Balance thereof immediately prior to such Distribution Date. Uncertificated Interest in respect of any REMIC I Regular Interest shall accrue on the basis of a 360-day year consisting of twelve 30-day months. Uncertificated Interest with respect to each Distribution Date, as to any REMIC I Regular Interest, shall be reduced by an amount equal to the sum of (a) the aggregate Prepayment Interest Shortfall, if any, for such Distribution Date to the extent not covered by payments pursuant to Section 3.24 and (b) the aggregate amount of any Relief Act Interest Shortfall, if any allocated, in each case, to such REMIC I Regular Interest pursuant to Section 1.02. In addition, Uncertificated Interest with respect to each Distribution Date, as to any REMIC I Regular Interest shall be reduced by Realized Losses, if any, allocated to such REMIC I Regular Interest pursuant to Section 1.02 and Section 4.04.

  • Lower-Tier Regular Interest Each of the Class LT-A-1, Class LT-A-2A, Class LT-A-2B, Class LT-A-2C, Class LT-A-2D, Class LT-M-1, Class LT-M-2, Class LT-M-3, Class LT-M-4, Class LT-M-5, Class LT-M-6, Class LT-M-7, Class LT-M-8, Class LT-M-9, Class LT-B-1, Class LT-B-2, Class LT-IO, Class LT-3, Class LT-Group I, Class LT-Group II, and Class LT-Accrual Interests as described in the Preliminary Statement.

  • Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.

  • Adjusted Lower Tier WAC For any Distribution Date (and the related Accrual Period), an amount equal to (i) two, multiplied by (ii) the weighted average of the interest rates for such Distribution Date for the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1, Class LT3-B2 and Class LT3-Q Interests, weighted in proportion to their Class Principal Amounts as of the beginning of the related Accrual Period and computed by subjecting the rate on the Class LT3-Q Interest to a cap of 0.00%, and by subjecting the rate on each of the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1 and Class LT3-B2 Interests to a cap that corresponds to the Certificate Interest Rate (determined by substituting the REMIC 3 Net Funds Cap for the applicable Net Funds Cap) for the Corresponding Class of Certificates; provided, however, that for each Class of LIBOR Certificates, the Certificate Interest Rate shall be multiplied by an amount equal to (a) the actual number of days in the Accrual Period, divided by (b) 30.

  • Lower Tier REMIC Regular Interest As specified in the Preliminary Statement.

  • Upper-Tier Regular Interest As described in the Preliminary Statement.

  • Lower-Tier Regular Interests The respective classes of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Lower-Tier REMIC, designated as the Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LVRR Lower-Tier Regular Interests.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • Uncertificated Accrued Interest With respect to each REMIC Regular Interest on each Distribution Date, an amount equal to one month’s interest at the related Uncertificated Pass-Through Rate on the related Uncertificated Principal Balance or related Uncertificated Notional Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC Regular Interests as set forth in Section 1.02).

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Uncertificated REMIC II Pass-Through Rate With respect to any Distribution Date and each REMIC II Regular Interest other than REMIC II Regular Interest C, REMIC II Regular Interest P and REMIC II Regular Interest A-1, a rate per annum equal to the Pass-Through Rate for the Class of Corresponding Certificates for such Distribution Date; provided, however, that for this purpose the Net Rate Cap with respect to each such Class of Corresponding Certificates shall be equal to the weighted average of the Uncertificated REMIC I Pass-Through Rates for the REMIC I Regular Interests (other than REMIC I Regular Interest P), weighted on the basis of the Uncertificated Principal Balances of each such REMIC I Regular Interest, for such Distribution Date. With respect to REMIC II Regular Interest A-1 and (i) any Distribution Date which occurs on or prior to the Optional Termination Date, the lesser of (a) 6.50% per annum and (b) the weighted average of the Uncertificated REMIC I Pass-Through Rates for the REMIC I Regular Interests (other than REMIC I Regular Interest P), weighted on the basis of the Uncertificated Principal Balances of each such REMIC I Regular Interest, for such Distribution Date, and (ii) any Distribution Date thereafter, the lesser of (a) 7.00% per annum and (b) the weighted average of the Uncertificated REMIC I Pass-Through Rates for the REMIC I Regular Interests (other than REMIC I Regular Interest P), weighted on the basis of the Uncertificated Principal Balances of each such REMIC I Regular Interest, for such Distribution Date. With respect to REMIC II Regular Interest C, a rate per annum equal to the percentage equivalent of a fraction, the numerator of which is the sum of the amount determined for each REMIC I Regular Interest (other than REMIC I Regular Interest P) equal to the product of (x) the excess, if any, of the Uncertificated REMIC I Pass-Through Rate for such REMIC I Regular Interest over the Marker Rate and (y) a notional amount equal to the Uncertificated Principal Balance of such REMIC I Regular Interest, and the denominator of which is the aggregate Uncertificated Principal Balance of such REMIC I Regular Interests. With respect to REMIC II Regular Interest P, 0.00% per annum.