Upper Tier REMIC Class S-M1 Component definition

Upper Tier REMIC Class S-M1 Component. An interest-only "regular interest" in the Upper Tier REMIC entitled to the interest, if any, payable on the Class LT2-M1 Interest at a rate in excess of One-Month LIBOR plus the Class M-1

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Examples of Upper Tier REMIC Class S-M1 Component in a sentence

• The Upper Tier REMIC Class S-M1 Component is represented by the Class S Certificates.