Class UT-R Interest definition

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

Class UT-R Interest. The residual interest in the Upper-Tier REMIC. The Class UT-R Interest will be represented by the Class R Certificates.

Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate.

Examples of Class UT-R Interest in a sentence

• The Class UT-R Interest will constitute the sole Class of “residual interests” in the Upper-Tier REMIC created hereunder, and will be evidenced by the Class R Certificates.

• The Class UT-R Interest, represented by the Class R Certificates, is hereby designated as the sole class of “residual interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(2) of the Code.

• The Upper-Tier REMIC The Upper-Tier REMIC shall issue the following classes of Upper-Tier Regular Interests, and each such interest, other than the Class UT-R Interest, is hereby designated as a regular interest in the Upper-Tier REMIC.

• The Class UT-R Interest will be the sole "residual interest" in the Upper Tier REMIC.

• The Class UT-R Interest will constitute the sole class of “residual interests” in the Upper-Tier REMIC created hereunder, and will be evidenced by the Class R Certificates.

More Definitions of Class UT-R Interest

Class UT-R Interest. The sole Class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificates. Closing Date: September 21, 2007.

Class UT-R Interest. The sole class of residual interest in the Upper Tier REMIC for purposes of the REMIC Provisions. The Class UT-R Interest shall have neither a principal amount nor an interest rate. The Class UT-R Interest shall be represented by the Class A-R Certificate. Closing Date: September 29, 2006.

Class UT-R Interest. The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement.

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

Class UT-R Interest. The sole residual interest in the Upper-Tier REMIC. The Class UT-R Interest shall be entitled to all distributions on the Class A-R Certificate other than distributions in respect of the Class LT-R Interest and the Class MT-R Interest.

Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate. Closing Date: November 30, 2006. Closing Date Deposit Amount: $465,666.92 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date.

Class UT-R Interest. The sole class of "residual interest" in the Upper-Tier REMIC. The Class UT-R Interest shall consist of all rights associated with the Class R Certificates other than the rights to payments in respect of the Class LT-R Interest.