Class UT-R Interest definition
Class UT-R Interest. The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
Class UT-R Interest. The residual interest in the Upper-Tier REMIC. The Class UT-R Interest will be represented by the Class R Certificates.
Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate.
Examples of Class UT-R Interest in a sentence
The Upper-Tier REMIC will hold all of the Uncertificated Lower-Tier Interests (that is, all of the regular interests in the Lower-Tier REMIC) and will issue the Class A, Class B, Class C, Class D, Class E and Class RR Certificates, the RR Interest and the Class UT-R Interest.
The Class UT-R Interest will be the sole class of residual interest in the Upper-Tier REMIC, will be evidenced by the Class R Certificate and is designated as the REMIC residual interest in the Upper-Tier REMIC.
More Definitions of Class UT-R Interest
Class UT-R Interest. The sole Class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificates. Closing Date: July 19, 2007.
Class UT-R Interest. The sole class of residual interest in the Upper Tier REMIC for purposes of the REMIC Provisions. The Class UT-R Interest shall have neither a principal amount nor an interest rate. The Class UT-R Interest shall be represented by the Class A-R Certificate. Closing Date: September 29, 2006.
Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
Class UT-R Interest. The sole residual interest in the Upper-Tier REMIC. The Class UT-R Interest shall be entitled to all distributions on the Class A-R Certificate other than distributions in respect of the Class LT-R Interest and the Class MT-R Interest.
Class UT-R Interest. The sole class of "residual interest" in the Upper-Tier REMIC. The Class UT-R Interest shall consist of all rights associated with the Class R Certificates other than the rights to payments in respect of the Class LT-R Interest.
Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate. Closing Date: November 30, 2006. Closing Date Deposit Amount: $465,666.92 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date.