Class CE REMIC definition

Class CE REMIC. As defined in the Preliminary Statement.
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Class CE REMIC. The Class CE REMIC shall issue the following classes ox xxxxxxsts. The Class CE Xxxxxxxx and the Class IO Interest shall each represent a regular interest in the Class CE REMIC and the Class R Certificate shall represent the sole class of xxxxxxxl interest in the Class CE REMIC.
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Class CE REMIC. As described in the Preliminary Statement.
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Examples of Class CE REMIC in a sentence

  • The Trustee acknowledges the issuance of the Class UT-IO Interest and Class UT-X Interest and declares that it holds such regular interests as assets of Class CE REMIC.

  • The Trustee will hold the Class CEM Interest in the Master REMIC for the benefit of the Class CE REMIC.

  • The Trustee acknowledges the issuance of the Class UT-IO Interest and Class UT-X Interest and declares that it holds such regular interests as assets of the Class CE REMIC.

  • The Holder of the Class R-1 Certificate shall pay when due any and all taxes imposed on the Class CE REMIC by federal or state governmental authorities, but only from xxxxxxx, if any, distributable thereon.

  • Interest on all Classes of REMIC 1 Regular Interests, REMIC 2 Regular Interests, REMIC 3 Regular Interests,, the Class Swap-IO REMIC 4 Regular Interest, the Class CE REMIC 4 Regular Interest and the Class CE Certificates will be cxxxxxxxxd on the basis of a 360 day year consisting of twelve 30 day months.

  • On each Distribution Date, there shall be distributed (i) to the Holder of the Class R-2 Certificate in respect of the Class PT1-R Interest, the Class PT2-R Interest, the Class LT-R Interest and the Class UT-R Interest and (ii) to the Holder of the Class R-1 Certificate in respect of the Class CE REMIC any remaining amount in the Distribution Account with respecx xx xxx related Trust REMIC on such date after the application pursuant to Sections 4.01, 4.02(a) and 4.02(b)(i) through (xxxv).

  • The wages and salaries reflected in Schedules B and C attached hereto shall be a part of this Agreement for the 2011-2013 school years.

  • Interest on all Classes of REMIC 1 Regular Interests, REMIC 2 Regular Interests, REMIC 3 Regular Interests, the Class Swap-IO REMIC 4 Regular Interest, the Class CE REMIC 4 Regular Interest and the Class CE Certificates will be calxxxxxxx on the basis of a 360 day year consisting of twelve 30 day months.

  • Any Cap Carryover Amounts paid by the Securities Administrator pursuant to this Section 3.06(g) to the Offered Certificates and Class B-1 Certificates shall be accounted for by the Securities Administrator as amounts paid first to REMIC 5 in respect of the Class CE REMIC 4 Regular Interest, and then to Holders of the Class CE Certxxxxxxxx in respect of the Class CE REMIC 5 Regular Interest and then to such Class or Classes of Offexxx Xxxxificates and the Class B-1 Certificates.

  • Interest on the REMIC 4 Regular Interests (other than the Class CE REMIC 4 Regular Interest and the Class Swap-IO REMIC 4 Regular Ixxxxxxx) and all Regular Certificates (other than the Class CE and Class P Certificates) will be calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360 day year.


More Definitions of Class CE REMIC

Class CE REMIC. The Class CE REMIC shall issue the following clasxxx xx xnterests. The Class CE Ixxxxxxx and the Class IO Interest shall each represent a regular interest in the Class CE REMIC and the Class R-X Certificates shall represent the Class CE-R Xxxxxxxx, the sole class of residual interest in the Class CE REMIC.
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Class CE REMIC. The Class CE REMIC shall issue the following clxxxxx xx interests. The "
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Related to Class CE REMIC

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Lower-Tier REMIC As described in the Preliminary Statement.

  • Upper-Tier REMIC As described in the Preliminary Statement.

  • Lower Tier REMIC Regular Interest As specified in the Preliminary Statement.

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.

  • Lower Tier REMIC Interests Each of the Class LTA-1 Interest, the Class LTA-2A Interest, the Class LTA-2B Interest, the Class LTA-2C Interest, the Class LTA-2D Interest, the Class LTM-1 Interest, the Class LTM-2 Interest, the Class LTM-3 Interest, the Class LTM-4 Interest, the Class LTM-5 Interest, the Class LTM-6 Interest, the Class LTB-1 Interest, the Class LTB-2 Interest, the Class LTB-3 Interest, the Class LTIX Interest, the Class LTIIX Interest, the Class LTII1A Interest, the Class LTII1B Interest, the Class LTII2A Interest, the Class LTII2B Interest, the Class LT-IO Interest and the Class LTR Interest.

  • Subsidiary REMIC Regular Interest Any one of the "regular interests" in the Subsidiary REMIC described in the Preliminary Statement.

  • Upper-Tier REMIC Distribution Account The trust account or accounts created and maintained as a separate trust account (or separate sub-account within the same account as the Lower-Tier REMIC Distribution Account) or accounts by the Certificate Administrator pursuant to Section 3.05(b) of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Deutsche Bank Trust Company Americas, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2017-P7, Commercial Mortgage Pass-Through Certificates, Series 2017-P7, Upper-Tier REMIC Distribution Account” and which must be an Eligible Account.

  • Lower-Tier REMIC Distribution Account The account or accounts created and maintained as a separate account (or separate sub-account within the same account as the Upper-Tier REMIC Distribution Account) or accounts by the Certificate Administrator pursuant to Section 3.05(b) of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2020-GC46, Commercial Mortgage Pass-Through Certificates, Series 2020-GC46, and the Uncertificated VRR Interest Owner, Lower-Tier REMIC Distribution Account” and which must be an Eligible Account. The Lower-Tier REMIC Distribution Account shall be an asset of the Lower-Tier REMIC.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • REMIC A "real estate mortgage investment conduit" within the meaning of Section 860D of the Code.

  • Class R-1 Interest The uncertificated Residual Interest in REMIC 1.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • REMIC 2 Regular Interest Each of the REMIC 2 Interests other than the Class LT2-R Interest.

  • Corresponding REMIC I Regular Interest means with respect to each Mortgage Loan, the REMIC I Regular Interest having an initial Certificate Balance equal to the Principal Balance of such Mortgage Loan outstanding as of the Cut-Off Date, after taking into account all principal and interest payments made or due prior to the Cut-Off Date.

  • REMIC 1 Regular Interest Each of the REMIC 1 Interests other than the Class LT1-R Interest.

  • REMIC I Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a "regular interest" in REMIC I. Each REMIC I Regular Interest shall accrue interest at the related REMIC I Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC I Regular Interests are set forth in the Preliminary Statement hereto.

  • Upper-Tier Regular Interest As described in the Preliminary Statement.

  • Class X-A Pass-Through Rate For any Distribution Date, the weighted average of Class X Strip Rates for the Class X-A Components for such Distribution Date (weighted on the basis of the respective Component Notional Amounts of such Components outstanding immediately prior to such Distribution Date).

  • Class R-II Interest The uncertificated Residual Interest in REMIC II.

  • Middle-Tier REMIC As described in the Preliminary Statement.