REMIC II. The segregated pool of assets consisting of the Uncertificated REMIC I Regular Interests conveyed in trust to the Trustee for the benefit of the holders of each Class of Certificates (other than the Class R-I Certificates) pursuant to Section 2.06, with respect to which a separate REMIC election is to be made.
REMIC II. The segregated pool of assets subject hereto, constituting a portion of the primary trust created hereby and to be administered hereunder, with respect to which a separate REMIC election is to be made, consisting of the REMIC I Regular Interests.
REMIC II. The segregated pool of assets consisting of all of the REMIC I Regular Interests, with respect to which a separate REMIC election is to be made.
Examples of REMIC II in a sentence
As provided herein, the Securities Administrator on behalf of the Trustee will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC III”.
More Definitions of REMIC II
REMIC II. The segregated pool of assets described in the Preliminary Statement and Section 5.07(a).
REMIC II. That group of assets contained in the Trust Fund designated as a REMIC consisting of the REMIC I Regular Interests.
REMIC II. The segregated pool of assets designated as such in Section 2.13(a).
REMIC II. The segregated pool of assets of the Trust consisting of the REMIC II Assets.
REMIC II. The pool of assets consisting of the REMIC I Regular Interests and all payments of principal or interest on or with respect to the REMIC I Regular Interests after the Cut-Off Date.
REMIC II. The segregated pool of assets described in the Preliminary Statement consisting of the REMIC I Regular Interests.
REMIC II. A segregated pool of assets subject hereto and to be administered hereunder, and consisting of all of the REMIC I Regular Interests and amounts distributed thereon as from time to time are held in the REMIC II Distribution Account.