L Regular Interests definition

L Regular Interests. The Group III-A-L Regular Interests.
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L Regular Interests. The Class X-1-L and Class X-2-L Regular Interests.
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L Regular Interests. The Group III-A-L and Class III-X-L Regular Interests.
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Examples of L Regular Interests in a sentence

  • The Depositor, as of the Closing Date, and concurrently with the execution and delivery hereof, does hereby assign without recourse all the right, title and interest of the Depositor in and to the REMIC L Regular Interests to the Trustee for the benefit of the Class R-I Certificateholders and REMIC I as holder of the REMIC L Regular Interests.

  • The CitiCertificates, [the Class L Regular Interests] and the Residual Certificates shall have and be subject to the following additional specific terms: Accretion Directed CitiCertificates.

  • The Certificates [and the Class L Regular Interests] shall have and be subject to the following additional specific terms: Accrual Date.

  • The rights of the holders of any Class B Subclass to receive distributions in respect of such Class B Subclass on any Distribution Date shall be subordinated to the rights of the Class A and Class M Certificateholders and the holders of each Class B Subclass having a lower numerical designation to receive distributions [(and to distributions to the Class L Regular Interests)] to the extent, and only to the extent, described herein.

  • Class L Regular Interests Allocations and Distributions......27] Section 13.04.

  • The Initial Stated Amount for each Subclass of the Class A CitiCertificates (or, in the case of the Class A-__, Class A-__ and Class A-IO CitiCertificates, their respective initial notional amounts), for the Class M CitiCertificates, for each Subclass of the Class B CitiCertificates [and for the Class L Regular Interests] are as set forth in Section 12.01(a).

  • On each Distribution Date, the Trustee shall pay to the Holders of the Class ▇-▇ Certificates, in accordance with Section 4.01(d), that portion, if any, of the First National Bank Center Available Distribution Amount for such date that has not otherwise been deemed paid to REMIC I in respect of the REMIC L Regular Interests pursuant to the foregoing provisions of this Section 4.01(b) (such portion, the "Class ▇-▇ Distribution Amount" for such Distribution Date).

  • The Upper-Tier REMIC is one of the two separate REMICs comprising the Trust Fund, the assets of which consist of the Class L Regular Interests and such amounts as shall from time to time be held in the Upper-Tier REMIC Account.

  • Two separate REMIC L Regular Interests, constituting beneficial ownership interests in REMIC L, will be issued on the Closing Date, and such REMIC L Regular Interests shall be designated as "REMIC L Regular Interest FNB-I" and "REMIC L Regular Interest FNB-II", respectively.

  • The Group 1-A-L, Group 2-A-L, Group 3-A-L and Group 4-A- L Regular Interests.


More Definitions of L Regular Interests

L Regular Interests. The Class III-A-1-L, Class III-P-L and Group III-▇-▇ Regular Interests. Indirect DTC Participants: Entities such as banks, brokers, dealers or trust companies, that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly.
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L Regular Interests. The Group 1-A-L Regular Interests. Group 2 Certificates: The Group 2-A Certificates.
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L Regular Interests. The uncertificated partial -------------------------------- undivided beneficial ownership interest in REMIC II which is comprised of REMIC II Regular Interests as specified in the Preliminary Statement and is entitled to distributions as set forth herein.
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L Regular Interests. The Group III-A-L, Class III-X-L and Class III-P-L Regular Interests. Groups II and III Subordinate Balance: For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Group II Loans and Group III Loans reduced by the aggregate Class Principal Balance of the Group II-A, Group III-A, Class II-P, Class III-P and Residual Certificates. Indirect DTC Participants: Entities such as banks, brokers, dealers or trust companies, that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly.
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L Regular Interests. The Group 2-A-L Regular Interests. Indirect DTC Participants: Entities such as banks, brokers, dealers or trust companies, that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly.
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Related to L Regular Interests

  • Class A-L Regular Interests The Class A-1A-L, Class A-1B-L and Class A-1C-L Regular Interests.

  • L Regular Interest The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein.

  • REMIC 1 Regular Interests REMIC 1 Regular Interest LT1A, REMIC 1 Regular Interest LT1B, REMIC 1 Regular Interest LT1C, REMIC 1 Regular Interest LT1D and REMIC 1 Regular Interest LT1P.

  • REMIC III Regular Interests The Classes of undivided beneficial interests in REMIC III designated as “regular interests” in the table titled “REMIC III Interests” in the Preliminary Statement hereto.

  • REMIC 2 Regular Interests One of the separate non-certificated beneficial ownership interests in REMIC 2 issued hereunder and designated as a Regular Interest in REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related Uncertificated REMIC 2 Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal, 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. The following is a list of each of the REMIC 2 Regular Interests: REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTA1, REMIC 2 Regular Interest LTA2, REMIC 2 Regular Interest LTA3, REMIC 2 Regular Interest LTA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10, REMIC 2 Regular Interest LTZZ, REMIC 2 Regular Interest LTP and REMIC 2 Regular Interest LTIO.