REMIC I Assets definition

REMIC I Assets. All of the Mortgage Pool Assets.

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REMIC I Assets. All of the Mortgage Pool Assets other than (i) the Yield Maintenance Agreement and any proceeds thereof and (ii) the Assigned Prepayment Premiums.

REMIC I Assets. All of the Mortgage Pool Assets other than the Excess Yield Amount, if any, for each Mortgage Loan."

Examples of REMIC I Assets in a sentence

• The REMIC I Regular Interests and the Class R-1 Residual Interest shall together be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

• The REMIC I Regular Interests and the Class R-1 Residual Interest shall together be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Business Trust Statute.

• The segregated pool of assets of the Trust consisting of the REMIC I Assets.

• The Trustee hereby acknowledges and accepts on behalf of the Trust the assignment to the Trust of the REMIC I Assets and declares that as of the Closing Date it holds and shall hold any documents constituting a part of the REMIC I Assets, and the REMIC I Assets, as Trustee in trust, upon the trust herein set forth, for the use and benefit of all present and future Holders of the Certificates.

• In connection therewith, as of the Closing Date, in exchange for the REMIC I Assets, the Trustee on behalf of the Trust shall cause to be authenticated and delivered, upon and pursuant to the order of the Company, the Certificates in Authorized Denominations.

More Definitions of REMIC I Assets

REMIC I Assets set forth in Section 1.01 of the Pooling Agreement is hereby amended and restated to read as follows:

REMIC I Assets. All of the Mortgage Pool Assets other than the Assigned Prepayment Premiums.

REMIC I Assets. The Group 1 Loans, the Group 2 Loans and all other Mortgage Pool Assets to the extent related to the Group 1 Loans or the Group 2 Loans.

REMIC I Assets. The Mortgage Pool Assets, other than the Assigned Prepayment Premiums for Loan Group 1 and Loan Group 2.

REMIC I Assets. All of the Mortgage Pool Assets, other than (i) the Assigned Prepayment Premiums and (ii) the Class C-PPP Reserve Fund.

REMIC I Assets. All of the Mortgage Pool Assets other than the Yield Maintenance Agreements, the Certificate Insurance Policy, the Class 1-A-6 Reserve Fund and any proceeds thereof.

REMIC I Assets. All of the Mortgage Pool Assets to the extent related to the Group 1 and Group 2 Loans, other than the Assigned Group 1 and Group 2 Prepayment Premiums and the Class C-PPP Reserve Fund.