Master REMIC definition

Master REMIC. As described in the Preliminary Statement.
Master REMIC. As defined in Section 1.03 of this Agreement.
Master REMIC. The pool of assets consisting of the Subsidiary Regular Interests and all payments of principal or interest on or with respect to the Subsidiary Regular Interests after the Cut-off Date.

Examples of Master REMIC in a sentence

  • Trustee had obtained the final version of the Trust Agreement, which reflected the creation of Subsidiary REMIC, before it filed Form 1066 for Master REMIC for .

  • The Trust Agreement states the intention of Fund to make two REMIC elections, creating one Master REMIC and one Subsidiary REMIC.

  • Trustee filed Form 1066 for Master REMIC for , but no Form 1066 was filed for Subsidiary REMIC for .

  • Consequently, Preparer prepared only a single Form 1066, for Master REMIC, for the taxable year .

  • Trustee filed Form 1066 and made a REMIC election for Master REMIC for .


More Definitions of Master REMIC

Master REMIC. The segregated group of assets consisting of the Subsidiary REMIC Regular Interests (as defined in Section 2.08 hereof) and constituting a REMIC created hereunder.
Master REMIC means one of the two separate REMICs comprising the corpus of the Trust created by this Agreement, the assets of which shall consist of the Uncertificated Subsidiary Interests and the Limited Guarantee.
Master REMIC. The REMIC established pursuant to Exhibit J hereof. The assets of the Master REMIC shall be the REMIC IV Regular Interests.
Master REMIC means the segregated pool of assets consisting of the Uncertificated Intermediate Interests, as to which a separate REMIC election is to be made.
Master REMIC means the segregated pool of assets consisting of the Subsidiary REMIC Regular Interests, with respect to which a separate REMIC election is to be made.
Master REMIC. As defined in Section 2.07.
Master REMIC. As described in the Preliminary Statement. Master Servicer: Xxxxx Fargo.