REMIC IV Regular Interests definition

REMIC IV Regular Interests. As defined in Exhibit J hereof.
REMIC IV Regular Interests. The Classes of undivided beneficial interests in REMIC IV designated as “regular interests” in the table titled “REMIC IV Interests” in the Preliminary Statement hereto.
REMIC IV Regular Interests. The separate beneficial ownership interests in REMIC IV issued hereunder and designated as a "regular interest" in REMIC IV, the ownership of which is evidenced by the Class SB Certificates. The REMIC IV Regular Interests shall be entitled to distributions of interest and principal, subject to the terms and conditions hereof, as set forth in the Preliminary Statement hereto.

Examples of REMIC IV Regular Interests in a sentence

  • The REMIC IV Regular Interests shall be designated as the Regular Interests in REMIC IV and the R-IV interest shall be designated as the Residual Interest in REMIC IV.

  • The REMIC IV Regular Interests shall constitute the assets of REMIC V (the “Master REMIC”).

  • On the Startup Day, the REMIC IV Regular Interests will be designated "regular interests" in such REMIC.

  • The REMIC IV Regular Interests will be the "regular interests" in REMIC IV, ownership of which will be represented by the Class SB Certificates, and the Class R-X Certificates will represent the sole class of "residual interests" in REMIC IV for purposes of the REMIC Provisions under federal income tax law.

  • The REMIC IV Regular Interests and the Class R-4 Residual Interest shall together be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC IV Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.


More Definitions of REMIC IV Regular Interests

REMIC IV Regular Interests. As defined in Section 2.09 hereof.
REMIC IV Regular Interests. The Certificates, other than the Class R Certificate.
REMIC IV Regular Interests. Any of the separate non-certificated beneficial ownership interests in REMIC IV (as defined in the Preliminary Statement) issued hereunder and designated as a Regular Interest in REMIC IV. Each REMIC IV Regular Interest shall accrue interest at the related Uncertificated REMIC IV Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal (other than REMIC IV Regular Interest MT-III-IO-A and REMIC IV Regular Interest MT-III-IO-B), subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto.
REMIC IV Regular Interests means any of the Class QA-1, Class QA-1N, Class QA-2, Class QA-2N, Class QA-3, Class QA-3N, Class QA-4, Class QA-4N, Class QA-5, Class QA-5N, Class QA-6, Class QA-6N, Class Q3N and Class Q4N Interests, having the Class Principal Balances or Notional Balances and Pass-Through Rates set forth in the Preliminary Statement hereto.
REMIC IV Regular Interests. The regular interests in REMIC IV as described in Section 2.4 of this Agreement.
REMIC IV Regular Interests. As defined in the Preliminary Statement.