Examples of L Regular Interest in a sentence
Portsmouth's approach to providing travel assistance is set out in the "Home to School Transport Assistance Policy and Portsmouth City Council's Transport Statement for Post 16 Learners with Special Educational Needs and Disabilities".
The REMIC I Remittance Rate (as defined herein) and the initial Uncertificated Principal Balance of each such REMIC I Regular Interest shall be based on the Net Mortgage Rate as of the Cut-off Date and the Cut-off Date Principal Balance, respectively, for the related Mortgage Loan or REMIC L Regular Interest, as applicable.
Each REMIC L Regular Interest will (i) accrue interest at the related per annum rate described in the definition of "REMIC L Remittance Rate" and (ii) have an initial REMIC L Principal Balance equal to: (A) $65,000,000 in the case of REMIC L Regular Interest FNB-I; and (B) $33,000,000 in the case of REMIC L Regular Interest FNB-II.
Each REMIC L Regular Interest will relate to the First National Bank Center Loan and any successor REO Loan with respect thereto.
With respect to each Mortgage Loan and each REMIC L Regular Interest, there shall be a corresponding REMIC I Regular Interest.