Uncertificated Corresponding Component definition

Uncertificated Corresponding Component. With respect to: REMIC II Regular Interest II-LT1, REMIC I Regular Interest I-LT1; REMIC II Regular Interest II-LT2 and REMIC II Regular Interest II-LT2S, REMIC I Regular Interest I-LT2; REMIC II Regular Interest II-LT3 and REMIC II Regular Interest II-LT3S, REMIC I Regular Interest I-LT3; REMIC II Regular Interest II-LT4 and REMIC II Regular Interest II-LT4S, REMIC I Regular Interest I-LT4; REMIC II Regular Interest II-LT5 and REMIC II Regular Interest II-LT5S, REMIC I Regular Interest I-LT5; REMIC II Regular Interest II-LT6 and REMIC II Regular Interest II-LT6S, REMIC I Regular Interest I-LT6; REMIC II Regular Interest II- LT7 and REMIC II Regular Interest II-LT7S, REMIC I Regular Interest I-LT7; REMIC II Regular Interest II-LT8 and REMIC II Regular Interest II-LT8S, REMIC I Regular Interest I-LT8; REMIC II Regular Interest II-LT9, REMIC I Regular Interest I-LT9; and REMIC II Regular Interest II-LTP, REMIC I Regular Interest I-LTP.
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Uncertificated Corresponding Component. With respect to: REMIC II Regular Interest II-LT1, REMIC I Regular Interest I-LT1; REMIC II Regular Interest II-LT2 and REMIC II Regular Interest II-LT2S, REMIC I Regular Interest I-LT2; REMIC II Regular Interest II-LT3, REMIC I Regular Interest I-LT3; and REMIC II Regular Interest II-LTP, REMIC I Regular Interest I-LTP.
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Uncertificated Corresponding Component. With respect to:
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Examples of Uncertificated Corresponding Component in a sentence

  • All Prepayment Interest Shortfalls and Relief Act Interest Shortfalls on the REMIC II Regular Interests shall be allocated by the Trustee on each Distribution Date among the REMIC II Regular Interests in the proportion that Prepayment Interest Shortfalls and Relief Act Interest Shortfalls are allocated to the related Uncertificated Corresponding Component.

  • All Prepayment Interest Shortfalls and Relief Act Interest Shortfalls on the REMIC II Regular Interests shall be allocated by the Trust Administrator on each Distribution Date among the REMIC II Regular Interests in the proportion that Prepayment Interest Shortfalls and Relief Act Interest Shortfalls are allocated to the related Uncertificated Corresponding Component.

  • All Realized Losses on the REMIC II Regular Interests shall be allocated by the Trustee on each Distribution Date among the REMIC II Regular Interests in the proportion that Realized Losses are allocated to the related Uncertificated Corresponding Component.

  • Contractor must provide to the Division the reason(s) justifying the additional calendar days needed to render a decision.

  • All Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls on the Uncertificated REMIC 3 Regular Interests shall be allocated on each Distribution Date among the Uncertificated REMIC 3 Regular Interests in the proportion that Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls are allocated to the related Uncertificated Corresponding Component.

  • All Prepayment Interest Shortfalls and shortfalls resulting from application of the Relief Act on the Uncertificated REMIC II Regular Interests shall be allocated by the Trustee on each Distribution Date among the Uncertificated REMIC II Regular Interests in the proportion that Prepayment Interest Shortfalls and shortfalls resulting from application of the Relief Act are allocated to the related Uncertificated Corresponding Component.

  • All Prepayment Interest Shortfalls, Relief Act Interest Shortfalls and Basis Risk Shortfalls on the REMIC II Regular Interests shall be allocated by the Trustee on each Distribution Date among the REMIC II Regular Interests in the proportion that Prepayment Interest Shortfalls, Relief Act Interest Shortfalls and Basis Risk Shortfalls are allocated to the related Uncertificated Corresponding Component.


More Definitions of Uncertificated Corresponding Component

Uncertificated Corresponding Component. With respect to REMIC II Regular I▇▇▇▇▇▇▇▇ ▇▇-▇▇, MT-M1A, MT-M2A and MT-B1A, REMIC I Regular Interest LT-AY. With respect to REMIC II Regular Interests MT-AIOA, MT-AIOB, MT-AIOC and MT-AZ, REMIC I Regular Interest LT-AZ. With respect to REMIC II Regular I▇▇▇▇▇▇▇▇ ▇▇-▇▇, ▇▇-▇▇, MT- A4, MT-A5, MT-M1F, MT-M2F and MT-B1F, REMIC I Regular Interest LT-AY. With respect to REMIC II Regular Interest MT-FY and MT-FZ, REMIC I Regular Interest LT-AZ.
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Uncertificated Corresponding Component. With respect to REMIC II Regular Interest II-LT1, REMIC I Regular Interest I-LT1; REMIC II Regular Interest II-LT2 and II-LT2-S, REMIC I Regular Interest I-LT2; and REMIC II Regular Interest II-LT3, REMIC I Regular Interest I-LT3.
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Related to Uncertificated Corresponding Component

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Uncertificated Pass-Through Rate The Uncertificated REMIC I Pass-Through Rate or Uncertificated REMIC II Pass-Through Rate.

  • Uncertificated REMIC 1 Pass-Through Rate With respect to each REMIC 1 Regular Interest and any Distribution Date, a per annum rate equal to the average of the Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the Stated Principal Balances thereof as of the close of business on the last day of the calendar month preceding the month in which such Distribution Date occurs.

  • Uncertificated REMIC I Regular Interests The Uncertificated REMIC I Regular Interests Z together with the interests identified in the table below, each representing an undivided beneficial ownership interest in REMIC I, and having the following characteristics:

  • Corresponding Certificates As identified in the Preliminary Statement with respect to any Lower-Tier Regular Interest or Component.