Uncertificated REMIC I IO Regular Interest Distribution Amount definition

Uncertificated REMIC I IO Regular Interest Distribution Amount. With respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC I IO Regular Interest for such Distribution Date pursuant to Section 4.07(a).
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Related to Uncertificated REMIC I IO Regular Interest Distribution Amount

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

  • REMIC II Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the REMIC II Regular Interests; and

  • REMIC III Distribution Amount The REMIC III Available Distribution Amount for any Distribution Date shall be distributed to the Certificates and the Class R-3 Residual Interest in the following amounts and priority:

  • 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:

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and