Lower Tier REMIC Regular Interests definition

Lower Tier REMIC Regular Interests. Each of the Lower Tier REMIC Interests other than the Class LTR Interest.
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Lower Tier REMIC Regular Interests. Lower-Tier REMIC Regular Interest I and Lower-Tier REMIC Regular Interest II.
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Lower Tier REMIC Regular Interests. As defined in Section 2.8(b) hereof.
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Examples of Lower Tier REMIC Regular Interests in a sentence

  • The Upper-Tier REMIC shall consist of the Lower-Tier REMIC Regular Interests.

  • The Trustee agrees to hold the Trust Fund and the Lower-Tier REMIC Regular Interests and to exercise the rights referred to above for the benefit of all present and future Holders of the Certificates and to perform the duties set forth in this Agreement to the best of its ability, to the end that the interests of the Holders of the Certificates may be adequately and effectively protected.

  • The Middle-Tier REMIC will consist of the Lower-Tier REMIC Regular Interests and all proceeds thereof in the Distribution Account and will be evidenced by the Middle-Tier REMIC Regular Interests (which will be uncertificated and will represent the "regular interests" in the Middle-Tier REMIC) and the Class A-MR Interest as the single "residual interest" in the Middle-Tier REMIC.


More Definitions of Lower Tier REMIC Regular Interests

Lower Tier REMIC Regular Interests as provided in Section 3.11.
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Lower Tier REMIC Regular Interests. As specified in the Preliminary Statement.
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Lower Tier REMIC Regular Interests. The meaning provided in the Preliminary Statement to this Agreement under “Lower-Tier REMIC.”
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Lower Tier REMIC Regular Interests. Each of the Lower Tier REMIC Interests other than the Class LTR Interest. LPMI: Lender Paid Mortgage Insurance.
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Lower Tier REMIC Regular Interests. Each of the Lowxx Xxxx XXXXX Xxxxxxxxx xxher than the Class LTR Interest.
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Lower Tier REMIC Regular Interests. Each of the Class LT-A1 Interest, the Class LT-A2 Interest, the Class LT-A3A Interest, the Class LT-A3B Interest, the Class LT-B1 Interest, the Class LT-B2 Interest, the Class LT-B3 Interest, the Class LT-M1 Interest, the Class LT-M2 Interest, the Class LT-M3 Interest, the Class LT-Z Interest, the Class LT-AR Interest, the Class LT-1A Interest, the Class LT-1B Interest, the Class LT2A Interest, the Class LT-2B Interest, the Class LT-3A Interest, the Class LT-3B Interest and the Class LT-X Interest.
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Related to Lower Tier REMIC Regular Interests

  • REMIC Regular Interests The REMIC I Regular Interests and REMIC II Regular Interests.

  • REMIC I Regular Interests The Classes of undivided beneficial interests in REMIC I designated as “regular interests” in the table titled “REMIC I Interests” in the Preliminary Statement hereto. The REMIC I Regular Interests, together with the Class R-1 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Upper-Tier Regular Interest As described in the Preliminary Statement.

  • REMIC II Regular Interests The Classes of undivided beneficial interests in REMIC II designated as “regular interests” in the table titled “REMIC II Interests” in the Preliminary Statement hereto. The REMIC II Regular Interests, together with the Class R-2 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • REMIC 2 Regular Interest Each of the REMIC 2 Interests other than the Class LT2-R Interest.

  • Lower-Tier Regular Interests The respective classes of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Lower-Tier REMIC, designated as the Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LVRR Lower-Tier Regular Interests.

  • REMIC III Regular Interests The Classes of undivided beneficial interests in REMIC III designated as “regular interests” in the table titled “REMIC III Interests” in the Preliminary Statement hereto.

  • REMIC I Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a "regular interest" in REMIC I. Each REMIC I Regular Interest shall accrue interest at the related REMIC I Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC I Regular Interests are set forth in the Preliminary Statement hereto.

  • Lower-Tier Regular Interest Each of the Class LT-A-1, Class LT-A-2, Class LT-M-1, Class LT-M-2, Class LT-B-1 and Class LT-Accrual Interests as described in the Preliminary Statement.

  • REMIC Regular Interest Any REMIC I Regular Interest or REMIC II Regular Interest.

  • REMIC II Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC II issued hereunder and designated as a “regular interest” in REMIC II. Each REMIC II Regular Interest shall accrue interest at the related REMIC II Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC II Regular Interests are set forth in the Preliminary Statement hereto.

  • REMIC 1 Regular Interest Each of the REMIC 1 Interests other than the Class LT1-R Interest.

  • REMIC III Regular Interest The Class CE Interest, Class P Interest, Class IO Interest or any Regular Interest in REMIC III the ownership of which is represented by any of the Class A Certificates or Class M Certificates.

  • Regular Interests (i) With respect to REMIC I, the REMIC I Regular Interests and (ii) with respect to REMIC II, the REMIC II Regular Interests.

  • Lower-Tier REMIC As described in the Preliminary Statement.

  • Class A-L Regular Interests The Class A-1A-L, Class A-1B-L and Class A-1C-L Regular Interests.