REMIC Pool. Any of REMIC I, REMIC II or REMIC III.
REMIC Pool means each of the three segregated pools of assets designated as a REMIC pursuant to Section 12.1(a) hereof.
Examples of REMIC Pool in a sentence
We will elect to treat each REMIC Pool as a REMIC under the Code.
REMIC StatusWe will form an Upper-Tier REMIC Pool and a Lower-Tier REMIC Pool for this Series.
The Depositor also agrees to prepare such tax return and, if permitted by applicable law, to sign and file such tax return on behalf of the REMIC Pool.
REMIC Status We will form an Upper-Tier REMIC Pool and a Lower-Tier REMIC Pool for this Series.
With respect to each REMIC Pool, the Assets included therein may be identified in the related Terms Supplement, in an attachment thereto or by reference therein, or in some other document and/or may be identified on the books and records of the Depositor and the Administrator.
More Definitions of REMIC Pool
REMIC Pool means each of the three (3) segregated pools of assets designated as a REMIC pursuant to Section 12.1(a) hereof. For the avoidance of doubt, no BANA Lender Successor Borrower Right, CIBC Lender Successor Borrower Right or MSMCH Seller Defeasance Rights and Obligations is a part of any “REMIC Pool”.
REMIC Pool means any of REMIC I, REMIC II, REMIC III and, subject to Section 2.06(b), the Loan REMICs.
REMIC Pool. With respect to REMIC I, the assets of the Trust other than the Prefunding Account, Capitalized Interest Account, Net Rate Cap Fund, the REMIC I Regular Interests and the REMIC II Regular Interests; with respect to REMIC II, the REMIC I Regular Interests, other than the Class P Certificates; and, with respect to REMIC III, the REMIC II Regular Interests.
REMIC Pool. With respect to each Series, a discrete group of assets included in the related Trust Fund as to which a REMIC election has been or is intended to be made, consisting of (i) the related Assets and all proceeds thereof, (ii) cash (if any) and other amounts on deposit in the Custodial Account, to the extent allocable to such REMIC Pool, (iii) the right to receive payments under the related guarantee, (iv) the rights of such REMIC Pool under any related GIFC and (v) any other eligible assets specified in the related Terms Supplement, excluding any investment earnings on any of the Assets of that REMIC Pool.
REMIC Pool means either of the Lower-Tier REMIC and/or the Upper-Tier REMIC, as applicable.
REMIC Pool. Each of the Lower-Tier REMIC and the Upper-Tier REMIC.
REMIC Pool. Each of the three segregated pools of assets designated as a REMIC pursuant to Section 10.1 hereof.