Class R Deposit definition

Class R Deposit. The sum of the Class R-I, Class R-II, Class R-III and Class R-IV Deposit.
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Class R Deposit. An amount equal to $150, which shall be deposited by the Depositor and made part of the Group I Available Funds and shall be distributed as principal to the Class R Certificates on the first Distribution Date. Closing Date: September 26, 2005. Code: The Internal Revenue Code of 1986, as amended.
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Examples of Class R Deposit in a sentence

  • In addition, on the Distribution Date occurring in December 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof.

  • In addition, on the Distribution Date occurring in August 2004, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof.

  • On the first Distribution Date, the Class R Deposit shall be distributed, pro rata, as principal, to the Class R-1 Certificates and the REMIC I Regular Interests R-2 and R-3.

  • In addition, on the Distribution Date occurring in May 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof.

  • In addition, on the first Distribution Date, the $150 deposited by the Seller into the Distribution Account on the Closing Date for the Class R-II, Class R-III and Class R-IV Certificates (the "Class R Deposit") will be distributed to the Class R-II, Class R-III and Class R-IV Certificates, in reduction of its Current Principal Amount, until its Current Principal Amount has been reduced to zero.

  • In addition, on the Distribution Date occurring in January 2004, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof.

  • In addition, on the Distribution Date occurring in June 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof.

  • On the Closing Date the Depositor will remit the Class R Deposit to the Trustee for deposit into the Distribution Account.

  • The Class R Deposit shall be distributed by the Trustee to the holders of the Class R Certificates on the April 2004 Distribution Date, in accordance with Section 6.01(a).

  • In addition, on the Distribution Date occurring in July 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof.


More Definitions of Class R Deposit

Class R Deposit. The $200 deposit into the Trust Certificate Account by the Depositor on the Closing Date to pay the Class R Certificates in accordance with Section 3.04(a) on the Distribution Date occurring in February 2008. Closing Date: February 8, 2008. Code: The Internal Revenue Code of 1986, as amended. Commission: The Securities and Exchange Commission. Company: Residential Accredit Loans, Inc. or any successors in interest. Component: The Class I-A-3A Component and Class I-A-3B Component, as applicable.
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Class R Deposit. The sum of the Class R-I Deposit, Class R-II Deposit and Class R-III Deposit.
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Class R Deposit. An amount equal to $100, which shall be distributed as principal to the Class R Certificates on the first Distribution Date.
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Class R Deposit. The $100 deposit into the Distribution Account by the Depositor on the Closing Date to pay the Class R Certificates in accordance with Section 6.01(a) on the Distribution Date occurring in November 2005. Class X Certificates: The Senior Class X Certificates and the Class M-X Certificates. Class XP Reserve Account: The account established and maintained by the Trustee pursuant to Section 4.09 hereof.
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Class R Deposit. An amount equal to $150, which shall be included as part of the Available Funds attributable to Subgroup 1 and distributed as principal to the Class R Certificates on the first Distribution Date.
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Related to Class R Deposit

  • 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 R-5 Interest The uncertificated Residual Interest in REMIC 5.

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

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • Class R-II Certificate Any one of the Class R-II Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions.

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

  • Class R Certificates All Certificates bearing the class designation of "Class R".

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

  • Class R-III Certificate Any one of the Class R-III Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC III for purposes of the REMIC Provisions.

  • Class R-X Certificate Any one of the Class R-X Certificates executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-R-X and evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest.

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

  • Class R-2 Certificate Any Certificate designated a “Class R-2 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC II and representing the right to the Percentage Interest of distributions provided for the Class R-2 Certificates as set forth herein.

  • Class R Certificate The Class R Certificate executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A and evidencing the ownership of the Class LT-R Interest and the residual interest in the Upper Tier REMIC.

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

  • Class R-2 Interest The uncertificated Residual Interest in REMIC 2.

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

  • Class R-1 Certificate Any Certificate designated a “Class R-1 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC I and representing the right to the Percentage Interest of distributions provided for the Class R-1 Certificates as set forth herein.

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

  • Class A-R Certificate The Certificate executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-R and Exhibit C hereto.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.