Examples of Remaining Certificateholder in a sentence
For federal income tax purposes, the Centre Remaining Certificateholder shall be deemed to have purchased the assets of the Centre REMIC for an amount equal to the remaining Certificate Balance of its remaining Centre Loan-Specific Certificates, plus accrued and unpaid interest with respect thereto, and the Certificate Administrator shall credit such amounts against amounts distributed in respect of the Centre Regular Interests and such Centre Loan-Specific Certificates.
For federal income tax purposes, the 000 Xxxxx Xxxxxx Remaining Certificateholder shall be deemed to have purchased the assets of the 000 Xxxxx Xxxxxx REMIC for an amount equal to the remaining Certificate Balance of its remaining Loan-Specific Certificates, plus accrued and unpaid interest with respect thereto, and the Certificate Administrator shall credit such amounts against amounts distributed in respect of the 000 Xxxxx Xxxxxx Regular Interests and such Loan-Specific Certificates.
The Centre Trust Subordinate Companion Loan and any other assets of the Centre REMIC are deemed distributed to the Centre Remaining Certificateholder in liquidation of the Centre REMIC pursuant to this Section 9.01.
The remaining Mortgage Loans and REO Properties are deemed distributed to the Remaining Certificateholder in liquidation of the Trust Fund pursuant to Section 9.02.
For federal income tax purposes, the Remaining Certificateholder shall be deemed to have purchased the assets of REMIC I for an amount equal to the remaining Certificate Balance of its remaining Certificates (other than the Residual Certificates), plus accrued and unpaid interest with respect thereto, and the Trustee shall credit such amounts against amounts distributed in respect of such Certificates.
For federal income tax purposes, the 360 Rxxxxxxx Remaining Certificateholder shall be deemed to have purchased the assets of the 360 Rxxxxxxx XXXXX for an amount equal to the remaining Certificate Balance of its remaining 360 Rxxxxxxx Loan-Specific Certificates, plus accrued and unpaid interest with respect thereto, and the Certificate Administrator shall credit such amounts against amounts distributed in respect of the 360 Rxxxxxxx Regular Interests and such 360 Rxxxxxxx Loan-Specific Certificates.
The 360 Rxxxxxxx Trust Subordinate Companion Loan and any other assets of the 360 Rxxxxxxx XXXXX are deemed distributed to the 360 Rxxxxxxx Remaining Certificateholder in liquidation of the 360 Rxxxxxxx XXXXX pursuant to this Section 9.01.
The remaining Mortgage Loans and REO Properties are deemed distributed to the Remaining Certificateholder in liquidation of the Trust Fund pursuant to this Section 9.01.
For federal income tax purposes, the Remaining Certificateholder shall be deemed to have purchased the assets of the Lower-Tier REMIC for an amount equal to the remaining Certificate Principal Amount of its remaining Certificates (other than the Residual Certificates), plus accrued and unpaid interest with respect thereto, and the Trustee shall credit such amounts against amounts distributed in respect of the related Lower-Tier Regular Interests and such Certificates.
If the Remaining Certificateholder exercises its exchange option under this Section 6.03(a) then the Issuing Trust shall be terminated in accordance with, and any final distributions shall be made in the manner set forth in, Section 6.01.