Lower-Tier REMIC. As to any Two Tier Series or Three Tier Series, the portion of the Trust Fund as to which a REMIC election is made that consists of (i) the Mortgage-Backed Securities included in such Trust Fund and all proceeds thereof, (ii) the Certificate Account for the related Trust and all amounts held therein or credited thereto, and (iii) any other assets specified in the related Issue Supplement.
Appears in 3 contracts
Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement
Lower-Tier REMIC. As to any Two Tier Series or Three Tier Series, the portion of the Trust Fund as to which a REMIC election is made that consists of (i) the Mortgage-Backed Securities included in such Trust Fund and all proceeds thereof, (ii) the Certificate Account for the related Trust and all amounts held therein or credited thereto, and (iii) any other assets specified in the related Issue Supplement.Backed
Appears in 1 contract
Samples: Remic Master Trust Agreement
