Uncertificated REMIC I Regular Interests. The Uncertificated REMIC I Regular Interests Z together with the interests identified in the table below, each representing an undivided beneficial ownership interest in REMIC I, and having the following characteristics:
Uncertificated REMIC I Regular Interests. Uncertificated REMIC I Regular Interest T, Uncertificated REMIC I Regular Interest U, Uncertificated REMIC I Regular Interest V, Uncertificated REMIC I Regular Interest W, Uncertificated REMIC I Regular Interest X, Uncertificated REMIC I Regular Interest Y, Uncertificated REMIC I Regular Interest Z and REMIC I IO Regular Interests.
Uncertificated REMIC I Regular Interests. The uncertificated partial undivided beneficial ownership interests in REMIC I, designated as REMIC I Regular Interests Y-I, Y-II, Y-III and Y-IV, Z-I, Z-II, Z-III and Z-IV, each having an Uncertificated Principal Balance as specified herein and bearing interest at a rate equal to the related Uncertificated REMIC I Pass-Through Rate.
More Definitions of Uncertificated REMIC I Regular Interests
Uncertificated REMIC I Regular Interests. The Uncertificated partial undivided beneficial ownership interests in REMIC I, designated as Uncertificated REMIC I Regular Interests I-A, I-B, II-A, II-B, III-A, III-B, IV-A, IV-B, ZZZ and R-II, each having an Uncertificated Principal Balance as specified herein and bearing interest at a rate equal to the related Uncertificated REMIC I Pass-Through Rate.
Uncertificated REMIC I Regular Interests. The uncertificated partial undivided beneficial ownership interests in REMIC I, designated as REMIC I Regular Interests Y-I, Y-II, and Y-III, Z-I, Z-II and Z-III, each having an Uncertificated Principal Balance as specified herein and bearing interest at a rate equal to the related Uncertificated REMIC I Pass-Through Rate. Uncertificated REMIC I Pass-Through Rate: With respect to REMIC I Regular Interests Y-I and Z-I, the Net WAC Rate of the Group I Loans. With respect to REMIC I Regular Interests Y-II and Z-II, the Net WAC Rate of the Group II Loans. With respect to REMIC I Regular Interests Y-III and Z-III, the Net WAC Rate of the Group III Loans.
Uncertificated REMIC I Regular Interests. The uncertificated partial undivided beneficial ownership interests in REMIC I, designated as REMIC I Regular Interests LT1, LT2, LT3 and LT4, each having an Uncertificated Principal Balance as specified herein and bearing interest at a rate equal to the related Uncertificated REMIC I Pass-Through Rate.
Uncertificated REMIC I Regular Interests. The uncertificated partial undivided beneficial ownership interests in REMIC I, designated as REMIC I Regular Interests LT1, LT2, LT3, LT4, LT5, LT6, LT7, LT8, LT10, LT11, LT12, LT14, LT15, LT16, Y1 and Y2, each having an Uncertificated Principal Balance as specified herein and bearing interest at a rate equal to the related Uncertificated REMIC I Pass-Through Rate.
Uncertificated REMIC I Regular Interests. Each uncertificated partial undivided beneficial ownership interest in REMIC I as designated in the Preliminary Statement having a principal balance equal to its Uncertificated Principal Balance, and which bears interest at a rate equal to its Uncertificated REMIC I Pass-Through Rate.
Uncertificated REMIC I Regular Interests. Z: Each of the 1,281 uncertificated partial undivided beneficial ownership interests in REMIC I, numbered sequentially from 1 to 1,281, each relating to the particular Mortgage Loan identified by such sequential number on the Mortgage Loan Schedule, each having no principal balance, and each bearing interest at the respective Pool Strip Rate on the Stated Principal Balance of the related Mortgage Loan.
Uncertificated REMIC I Regular Interests. The uncertificated partial undivided beneficial ownership interests in REMIC I, designated as REMIC I Regular Interest LT-I-SUB, REMIC I Regular Interest LT-I-ZZZ, REMIC I Regular Interest LT-II-SUB, REMIC I Regular Interest LT-II- ZZZ, REMIC I Regular Interest LT-I-PO, REMIC I Regular Interest LT-II-PO, the REMIC I Regular Interests LT-I-IO and the REMIC I Regular Interests LT-II-IO, each having an Uncertificated Principal Balance (or Uncertificated Notional Amount) as specified herein and bearing interest at a rate equal to the related Uncertificated REMIC I Pass-Through Rate.