Residual Interests definition

Residual Interests. As specified in the Preliminary Statement.

Residual Interests means 1 or more of the following as provided in any sale agreement:

Residual Interests means any residual, subordinated, reserve accounts and retained ownership interest held by the Issuer or a Restricted Subsidiary of the Issuer in Securitization Entities, Warehouse Facility Trusts and/or MSR Facility Trusts, regardless of whether required to appear on the face of the consolidated financial statements in accordance with GAAP.

Examples of Residual Interests in a sentence

• Residual interests in off-balance sheet Private Finance Initiative properties are included in tangible fixed assets as ‘assets under construction and payments on account’ where the PFI contract specifies the amount, or a nil value, at which the assets will be transferred to the Trust at the end of the contract.

• Paragraph (a)(1) of this section lists the risk-weight categories.(2) Residual interests.

• Transactions that, in substance, result in the retention of credit risk associated with a transferred re- sidual interest will be treated as if the resid- ual interest was retained by the bank and not transferred.(4) Residual interests and other recourse obli- gations.

• Residual interests that do not have a quoted market price in an active market, and the fair value of which cannot be reliably are subsequently measured at cost less any impairment.

• Residual interests generally do not include interests purchased from a third party.

More Definitions of Residual Interests

Residual Interests means any residual, subordinated, reserve accounts and retained ownership interest held by the Borrower or a Subsidiary in Securitization Entities, Warehouse Facility Trusts and/or MSR Facility Trusts acquired or created after the date hereof, regardless of whether required to appear on the face of the Consolidated financial statements in accordance with GAAP.

Residual Interests means any residual, subordinated, reserve accounts and retained ownership interest held by the Borrower or a Restricted Subsidiary in Securitization Assets, Securitization Entities, Warehouse Facility Trusts and/or MSR Facility Trusts, regardless of whether required to appear on the face of consolidated financial statements in accordance with GAAP.

Residual Interests means the income of the corporation, and bond

Residual Interests has the meaning set forth in Section 7.

Residual Interests residual interests in securitizations owned by the Loan Parties.

Residual Interests means the Class R-I, Class R-II and Class R-III Interests, each one evidencing the sole class of "residual interests" in the Subsidiary REMIC, Intermediate REMIC and Master REMIC, respectively, and represented in the aggregate by the Class R Certificate.

Residual Interests means, with respect to a Trust, any Class R Certificates, uninsured interest-only securities or any and all other economic interests in the Trust that are uninsured and are subordinated in right of payment to the related Class A Certificates or Notes.