Certificate or REMIC Certificate. A guaranteed REMIC pass-through certificate, (i) in the case of any Certificate other than a Depository Certificate and a Residual Certificate, issued in book-entry form and maintained in the name of a record owner as an entry on the books of the Fiscal Agent under a designation specifying the Class and denomination thereof; (ii) in the case of a Depository Certificate, issued in fully registered, certificated form and maintained in the name of the nominee of the Depository as an entry on the books of the Depository under a designation specifying the Class and denomination thereof; and (iii) in the case of a Residual Certificate, issued in fully registered, certificated form as authorized by this Trust Agreement. The term “Certificate” or “REMIC Certificate” does not include any Lower Tier Regular Interest or Middle Tier Regular Interest.
Appears in 4 contracts
Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement
