The Class R-3 Interest definition

The Class R-3 Interest shall evidence the sole class of "residual interests" in REMIC 3 for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Pass-Through Rate, the Original Class Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each Class of Certificates that represents one or more of the "regular interests" in REMIC 3 created hereunder:
Sample 1Sample 2Sample 3
The Class R-3 Interest represents the sole class of "residual interests" in the Class B-2 REMIC for purposes of the REMIC Provisions. The following table sets forth the Class designation, Pass-Through Rate and Original Class Certificate Principal Balance for the Class of Certificates that represent the "regular interest" in the Class B-2 REMIC created hereunder: Original Class Pass-Through Certificate Principal Class Designation Rate Balance --------------------------- -------------------- ---------------------
Sample 1Sample 2
The Class R-3 Interest shall evidence the sole class of "residual interests" in REMIC 3 for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Pass-Through Rate, the Original Class Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each Class of Certificates that represents one or more of the "regular interests" in REMIC 3 created hereunder: Original Class Certificate Principal Assumed Final Designation Balance Pass-Through Rate Maturity Date(1) ------------------------------------------------------------------------------------------- Class I-A1 ................. $ 713,502,000.00 Variable(2) May 25, 2035 Class II-A1 ................ $ 91,800,000.00 Variable(2) May 25, 2035 Class II-A2 ................ $ 85,330,000.00 Variable(2) May 25, 2035 Class II-A3 ................ $ 92,580,000.00 Variable(2) May 25, 2035 Class II-A4 ................ $ 35,513,000.00 Variable(2) May 25, 2035 Class M-1 .................. $ 66,938,000.00 Variable(2) May 25, 2035 Class M-2 .................. $ 33,788,000.00 Variable(2) May 25, 2035 Class M-3 .................. $ 23,588,000.00 Variable(2) May 25, 2035 Class M-4 .................. $ 22,950,000.00 Variable(2) May 25, 2035 Class M-5 .................. $ 23,588,000.00 Variable(2) May 25, 2035 Class M-6 .................. $ 16,575,000.00 Variable(2) May 25, 2035 Class M-7 .................. $ 15,300,000.00 Variable(2) May 25, 2035 Class M-8 .................. $ 14,663,000.00 Variable(2) May 25, 2035 Class M-9 .................. $ 12,113,000.00 Variable(2) May 25, 2035 Class B-1 .................. $ 9,563,000.00 Variable(2) May 25, 2035 Class B-2 .................. $ 10,834,000.00 Variable(2) May 25, 2035 Class C Interest ........... $ 6,374,900.00(3) Variable(2) May 25, 2035 Class P Interest ........... $ 100.00 N/A(4) May 25, 2035
Sample 1

Examples of The Class R-3 Interest in a sentence

  • The Class R-3 Interest and the REMIC III Regular Interests shall constitute the entire beneficial ownership interest in REMIC III.

  • The Class R-3 Interest will represent the sole Class of “residual interests” in REMIC 3 for purposes of the REMIC Provisions.

  • The Class R-3 Interest, the Regular Certificates (other than the Class X and Class P Certificates), the Class X Interest, the Class P Interest and the Class IO Interest shall constitute the entire beneficial ownership interest in REMIC III.

  • The Class R-3 Interest will represent the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions.

  • That no Sanction to North American Board, New York and Canadian Board be made after 20th June.

  • Residents coming from other areas or other tribes such as Java, Betawi, and Minang can adapt to local customs and norms so that they can be get along well with the local community.

  • REMIC 3 ------- As provided herein, the Trustee shall make an election to treat the Class M-2A Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC 3." The Class R-3 Interest represents the sole class of "residual interests" in REMIC 3 for purposes of the REMIC Provisions.

  • REMIC 3 ------- As provided herein, the Trustee shall make an election to treat the Class M-7 Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC 3." The Class R-3 Interest represents the sole class of "residual interests" in REMIC 3 for purposes of the REMIC Provisions.

  • The Class R-3 Interest is hereby designated as the single class of “residual interests” in REMIC 3 for purposes of the REMIC Provisions.

  • Consultant shall follow the instructions on the portal for submission of e-tender.


More Definitions of The Class R-3 Interest

The Class R-3 Interest shall represent the sole class of "residual interests" in REMIC 3 for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 3 Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC 3 Regular Interests (as defined herein). None of the REMIC 3 Regular Interests will be certificated. Uncertificated REMIC 3 Initial Uncertificated Latest Possible Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- ---------------- [LTAA Variable(2) $[_______________] [_______________] LTIA1 Variable(2) $[_______________] [_______________] LTIIA1 Variable(2) $[_______________] [_______________] LTIIA2 Variable(2) $[_______________] [_______________] LTIIA3 Variable(2) $[_______________] [_______________] LTIIA4 Variable(2) $[_______________] [_______________] LTM1 Variable(2) $[_______________] [_______________] LTM2 Variable(2) $[_______________] [_______________] LTM3 Variable(2) $[_______________] [_______________] LTM4 Variable(2) $[_______________] [_______________] LTM5 Variable(2) $[_______________] [_______________] LTM6 Variable(2) $[_______________] [_______________] LTM7 Variable(2) $[_______________] [_______________] LTM8 Variable(2) $[_______________] [_______________] LTM9 Variable(2) $[_______________] [_______________] LTM10 Variable(2) $[_______________] [_______________] LTB1 Variable(2) $[_______________] [_______________] LTB2 Variable(2) $[_______________] [_______________] LTB3 Variable(2) $[_______________] [_______________] LTZZ Variable(2) $[_______________] [_______________] LTP Variable(2) $[_______________] [_______________] LTIO] Variable(2) (3) [_______________]
Sample 1
The Class R-3 Interest shall represent the sole class of "residual interests" in REMIC 3 for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 3 Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC 3 Regular Interests. None of the REMIC 3 Regular Interests will be certificated. Uncertificated REMIC 1 Initial Uncertificated Pass-Through Assumed Final Designation Principal Balance Rate Maturity Date(1) ----------- ---------------------- -------------- ---------------- AA $1,350,301,118.48 Variable(2) August, 2045 IA1 $ 1,402,980.00 Variable(2) August, 2045 IA2 $ 350,745.00 Variable(2) August, 2045 IIA1 $ 2,706,190.00 Variable(2) August, 2045 IIA2 $ 676,550.00 Variable(2) August, 2045 IIIA1 $ 1,625,000.00 Variable(2) August, 2045 IIIA1A $ 239,015.00 Variable(2) August, 2045 IIIA2 $ 2,011,675.00 Variable(2) August, 2045 IIIA3 $ 1,518,490.00 Variable(2) August, 2045 IIIA4 $ 140,870.00 Variable(2) August, 2045 M1 $ 723,375.00 Variable(2) August, 2045 M2 $ 420,245.00 Variable(2) August, 2045 M3 $ 275,570.00 Variable(2) August, 2045 M4 $ 206,680.00 Variable(2) August, 2045 M5 $ 206,680.00 Variable(2) August, 2045 M6 $ 186,010.00 Variable(2) August, 2045 M7 $ 172,230.00 Variable(2) August, 2045 M8 $ 144,675.00 Variable(2) August, 2045 M9 $ 137,785.00 Variable(2) August, 2045 M10 $ 110,230.00 Variable(2) August, 2045 B1 $ 137,785.00 Variable(2) August, 2045 B2 $ 144,675.00 Variable(2) August, 2045 B3 $ 130,895.00 Variable(2) August, 2045 ZZ $ 13,888,815.68 Variable(2) August, 2045 1GRP $ 3,507,451.00 Variable(2) August, 2045 2GRP $ 6,765,480.00 Variable(2) August, 2045 3GRP $ 11,070,100.00 Variable(2) August, 2045 SUB GRP $ 6,214,135.68 Variable(2) August, 2045 Swap IO N/A(3) Variable(2) August, 2045 FMR IO N/A(4) Variable(2) August, 2045 XX $1,350,301,117.48 Variable(2) August, 2045 P $ 100.00 Variable(2) August, 2045
Sample 1

Related to The Class R-3 Interest

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class R-1 Interest The uncertificated Residual Interest in REMIC 1.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Class R-II Interest The uncertificated Residual Interest in REMIC II.

  • Class R-III Interest The uncertificated Residual Interest in REMIC III.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Class R-5 Interest The uncertificated Residual Interest in REMIC 5.

  • Class R-III Certificate Any one of the Class R-III Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC III for purposes of the REMIC Provisions.

  • Class R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Class R-2 Interest The uncertificated Residual Interest in REMIC 2.

  • Class R-II Certificate Any one of the Class R-II Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions.

  • Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class R-X Certificate Any one of the Class R-X Certificates executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-R-X and evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest.

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Class R-2 Certificate Any Certificate designated a “Class R-2 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC II and representing the right to the Percentage Interest of distributions provided for the Class R-2 Certificates as set forth herein.

  • Class R-1 Certificate Any Certificate designated a “Class R-1 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC I and representing the right to the Percentage Interest of distributions provided for the Class R-1 Certificates as set forth herein.

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Class R Certificates All Certificates bearing the class designation of "Class R".

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.