VRR2 Interest definition

VRR2 Interest. As defined in the Preliminary Statement.
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VRR2 Interest. The Uncertificated VRR Interest. For the avoidance of doubt, no Uncertificated VRR Interest will be issued under this Agreement. Accordingly, all references in this Agreement to “VRR2 Interest” shall be disregarded.
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Related to VRR2 Interest

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

  • 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.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

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

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