REMIC I Group I Regular Interests definition

REMIC I Group I Regular Interests. REMIC I Regular Interest I-1-A through REMIC I Regular Interest I-60-B as designated in the Preliminary Statement hereto.
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REMIC I Group I Regular Interests. The Class L1-Y-X Regular Interest and the REMIC I Regular Interests designated in the Preliminary Statement hereto designated as Classes L1-Y-1A through L1-Y-59B.
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REMIC I Group I Regular Interests. REMIC I Regular Interest [__] and REMIC I Regular Interest [__] through REMIC I Regular Interest [__] in the Preliminary Statement hereto.
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Examples of REMIC I Group I Regular Interests in a sentence

  • The Class IN1-F, Class IN2-F, Class IN3-F, Class IM-F and Class P-F Certificates will be referred to as the "REMIC I Group I Regular Interests" and the Class IN1-A, Class IN2-A, Class IN3-A, Class IM-A and Class P-A Certificates will be referred to as the "REMIC I Group II Regular Interests." The REMIC I Regular Interests shall be recorded on the records of REMIC I as being issued to and held by the Trustee on behalf of REMIC II.

  • On each Distribution Date, principal collections and Realized Losses on the Home Equity Loans in Group I shall be allocated sequentially, in reverse order to which they are listed above, to the REMIC I Group I Regular Interests until the principal balance of each such class is reduced to zero.


More Definitions of REMIC I Group I Regular Interests

REMIC I Group I Regular Interests. Any of REMIC I Regular Interest I-LTIA1, REMIC I Regular Interest I-LTIM1, REMIC I Regular Interest I-LTIM2 and REMIC I Regular Interest I-LTIM3.
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Related to REMIC I Group I Regular Interests

  • REMIC I Regular Interests The Classes of undivided beneficial interests in REMIC I designated as “regular interests” in the table titled “REMIC I Interests” in the Preliminary Statement hereto. The REMIC I Regular Interests, together with the Class R-1 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • REMIC II Regular Interests The Classes of undivided beneficial interests in REMIC II designated as “regular interests” in the table titled “REMIC II Interests” in the Preliminary Statement hereto. The REMIC II Regular Interests, together with the Class R-2 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • 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 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 I Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a "regular interest" in REMIC I. Each REMIC I Regular Interest shall accrue interest at the related REMIC I Remittance 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 Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC I Regular Interests are set forth in the Preliminary Statement hereto.