Class LT-R Interest definition

Class LT-R Interest. The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
Class LT-R Interest. The residual interest in the Lower-Tier REMIC. The Class LT-R Interest will be represented by the Class R Certificates.
Class LT-R Interest. As described in the Preliminary Statement.

Examples of Class LT-R Interest in a sentence

  • The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates.


More Definitions of Class LT-R Interest

Class LT-R Interest. The sole class of "residual interest" in the Lower Tier REMIC evidenced by the Class R Certificates.
Class LT-R Interest. The sole residual interest in the Lower-Tier REMIC.
Class LT-R Interest. The sole residual interest in the Lower Tier REMIC.
Class LT-R Interest. The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement.
Class LT-R Interest. Not applicable.
Class LT-R Interest. The sole class of "residual interest" in the Lower Tier REMIC, as described in the Preliminary Statement and in Section 2.07.
Class LT-R Interest. The sole class of "residual interest" in the Lower-Tier REMIC. The Class LT-R Interest shall not have a principal amount or an interest rate. The Class LT-R Interest shall be represented by the Class R Certificate.