REMIC 3 Regular Interests definition

REMIC 3 Regular Interests. The Class C Interest, the Class P Interest, the Class Swap IO Interest, and the Class FM Reserve IO Interest.
REMIC 3 Regular Interests. The Regular Certificates.

Examples of REMIC 3 Regular Interests in a sentence

  • The interests evidenced by the Class R-3 Interest, together with the REMIC 3 Regular Interests, constitute the entire beneficial ownership interest in REMIC 3.

  • The REMIC 3 Regular Interests shall be designated as the Regular Interests in REMIC 3 and the Class R-3 Interest shall be designated as the Residual Interest in REMIC 3.

  • The Trustee shall not permit the creation of any “interests” in REMIC 1, REMIC 2, REMIC 3, REMIC CX, REMIC SwapX or REMIC PX (within the meaning of Section 860G of the Code) other than the REMIC 1 Regular Interests, the REMIC 2 Regular Interests, the REMIC 3 Regular Interests and the interests represented by the Certificates.

  • The Trustee acknowledges receipt of the REMIC 2 Regular Interests (each of which is uncertificated) and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the REMIC 3 Regular Interests and of the Class R-3 Interest.

  • The Trustee will hold the REMIC 3 Regular Interests for the benefit of the Master REMIC.


More Definitions of REMIC 3 Regular Interests

REMIC 3 Regular Interests. The Class T3-1 Interest, Class T3-2 Interest, Class T3-3 Interest, Class T3-4 Interest, Class T3-11 Interest, Class T3-12 Interest, Class T3-13 Interest and Class T3-AIO Interest.
REMIC 3 Regular Interests. One of the separate non-certificated beneficial ownership interests in REMIC 3 issued hereunder and designated as a Regular Interest in REMIC 3. Each REMIC 3 Regular Interest shall accrue interest at the Uncertificated REMIC 3 Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal (other than REMIC 3 Regular Interest LTIO), subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The following is a list of each of the REMIC 3 Regular Interests: REMIC 3 Regular Interest LTAA, REMIC 3 Regular Interest LTIA1, REMIC 3 Regular Interest LTIIA1, REMIC 3 Regular Interest LTIIA2, REMIC 3 Regular Interest LTIIA3, REMIC 3 Regular Interest LTIIA4, REMIC 3 Regular Interest LTM1, REMIC 3 Regular Interest LTM2, REMIC 3 Regular Interest LTM3, REMIC 3 Regular Interest LTM4, REMIC 3 Regular Interest LTM5, REMIC 3 Regular Interest LTM6, REMIC 3 Regular Interest LTM7, REMIC 3 Regular Interest LTM8, REMIC 3 Regular Interest LTM9 and REMIC 3 Regular Interest LTM10, REMIC 3 Regular Interest LTZZ, REMIC 3 Regular Interest LTP and REMIC 3 Regular Interest LTIO.
REMIC 3 Regular Interests. Each REMIC 3 Interest other than the Class LT3-R Interest.
REMIC 3 Regular Interests. REMIC 3 Regular Interest LT3A-1, REMIC 3 Regular Interest LT3B-1, REMIC 3 Regular Interest LT3C-1, REMIC 3 Regular Interest LT3IS1, REMIC 3 IS2 Interests, REMIC 3 Regular Interest LT3A-2, REMIC 3 Regular Interest LT3B-2, REMIC 3 Regular Interest LT3C-2, REMIC 3 Regular Interest LT3IIS1, the REMIC 3 IIS2 Interests, REMIC 3 Regular Interest LT3A-P and REMIC 3 Regular Interest LT3B-P.
REMIC 3 Regular Interests. As described in the Preliminary Statement.
REMIC 3 Regular Interests. The Class B-1 Interest, the Class B-3 Interest and the Class X/N Interest.
REMIC 3 Regular Interests. REMIC 3 Regular Interest LT3-IC, REMIC 3 Regular Interest LT3-IIC, REMIC 3 Regular Interest LT3-IP, and REMIC 3 Regular Interest LT3-IIP.