REMIC Certificates definition

REMIC Certificates. Each Class of Certificates issued by REMIC I-3 pursuant to Section 2.03 and the Class R Certificates.
REMIC Certificates. The Class 1-A-12, Class 1-A-13, Class 1-A-14, Class 1-A-16, Class 1-A-17, Class 2-A-6 and Class 2-A-7 Certificates or the Certificates of each such Class, as the context may require, issued by the Underlying Trust in uncertificated form.
REMIC Certificates. Each of the following Classes of Certificates issued under the Underlying Trust Agreement in uncertificated form: the Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 2-A11, Class 2-A12, Class 2-A13, Class 2-A14, Class 2-A15 and Class 2-A16 Certificates.

Examples of REMIC Certificates in a sentence

  • The Trust Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates.

  • The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the REMIC Certificateholders under the Trust Agreement at any time by Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class having Certificate Balances aggregating not less than 66% of the Class Balance of such Class.

  • Xxxxxx Mae, acting in its capacity as Trustee, acknowledges the transfer and assignment to it of the Underlying REMIC Certificates and hereby declares that it will hold the same in trust for the Certificateholders on the terms in this Trust Agreement contained.

  • Xxxxxx Xxx, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Mae, acting in its capacity as Trustee, all of Xxxxxx Mae’s right, title and interest in and to the Underlying REMIC Certificates, including all payments of principal and interest thereon received after the month of the Issue Date.

  • The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Mae and the rights of the REMIC Certificateholders under the Trust Agreement at any time by Xxxxxx Xxx with the consent of the Holders of REMIC Certificates of each Class having Certificate Balances aggregating not less than 66% of the Class Balance of such Class.


More Definitions of REMIC Certificates

REMIC Certificates means the SRC Commercial Mortgage Trust 2003-1 Mortgage Pass-Through Certificates in the aggregate face amount of $1,312,416,000 (as amended, supplemented or otherwise modified, replaced or refinanced, in any case in a manner not materially adverse to the Lenders).
REMIC Certificates. The Class 1-A-1 and Class 4-A-1 Certificates, or the Certificates of each such Class, as the context may require, issued by the Underlying Trust in uncertificated form.
REMIC Certificates. All Certificates evidencing beneficial ownership interests in the Trust Fund.
REMIC Certificates. Each of the following Classes of Certificates issued under the Underlying Trust Agreement in uncertificated form: the Class 1-A2, Class 2-A3, Class 2-A4, Class 2-A6 and Class 2-A7 Certificates.
REMIC Certificates means individually or collectively a certificated beneficial interest in a REMIC.
REMIC Certificates. Any of the certificates issued pursuant to the Underlying REMIC Trust Pooling and Servicing Agreement upon the REMIC Conversion, as described in the Trust Agreement.