Examples of REMIC 2 Regular Interest in a sentence
Each REMIC 2 Regular Interest is hereby designated as a regular interest in REMIC 2.
For federal income tax purposes, each Certificate (other than the Class A-R Certificate) is hereby designated as a regular interest in the Master REMIC and each REMIC 1 Regular Interest and REMIC 2 Regular Interest, as defined below, is designated as a regular interest in the REMIC 1 and REMIC 2, respectively.
For federal income tax purposes, each Certificate (other than the Class A-R Certificate) is hereby designated as a regular interest in the Master REMIC and each REMIC 1 Regular Interest and REMIC 2 Regular Interest, as defined below, is designated as a regular interest in REMIC 1 and REMIC 2, respectively.
If on any Distribution Date the Certificate Principal Balance of any Class of Certificates is increased pursuant to the last sentence of the definition of "Certificate Principal Balance", then there shall be an equivalent increase in the principal amounts of the REMIC 2 Regular Interests, with each Corresponding REMIC 2 Regular Interest having an increase in its principal amount equal to the increase in the Certificate Principal Balance of the Corresponding Cap Carryover Certificates.
The Upper Tier REMIC shall hold as its assets the uncertificated interests in the Middle-Tier REMIC 2 other than the Class MT2-R interest (each, a “Middle-Tier REMIC 2 Regular Interest”), and each such Middle-Tier REMIC 2 Regular Interest is hereby designated as a regular interest in Middle-Tier REMIC 2 for purposes of the REMIC Provisions.