Class R-II Interest definition

Class R-II Interest. The uncertificated Residual Interest in REMIC II.
Class R-II Interest. The “residual interest” (as defined in Code Section 860(a)(2)) in REMIC II, the beneficial interest in which is represented by the Class R Certificates.
Class R-II Interest means the uncertificated interest designated as the "residual interest" in the Intermediate REMIC for purposes of the REMIC Provisions.

Examples of Class R-II Interest in a sentence

  • In those cases where ques- tions arise a determination must be made on the basis of all the facts in the light of the statute and the legislative history.

  • Parents/carers also commented that their children were bringing them up to date with information they'd learned about the law, alcohol and smoking, and were explaining why they needed to be aware of legal and health factors.


More Definitions of Class R-II Interest

Class R-II Interest. The sole class of "residual interests" in REMIC II.
Class R-II Interest. The uncertificated residual interest in REMIC II. Closing Date: April 27, 2006.
Class R-II Interest. The uncertificated Residual Interest in REMIC II. Closing Date: July 30, 2004. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions.
Class R-II Interest. The uncertificated Residual Interest in REMIC II. CLOSING DATE: September 30, 2003. CO-TRUSTEE: BNY Western Trust Company, a California banking corporation, not in its individual capacity, but solely in its capacity as co-trustee for the benefit of the Certificateholders under this Agreement, and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party.
Class R-II Interest. The uncertificated Residual Interest in REMIC II. “Class R-III Interest”: The uncertificated Residual Interest in REMIC III. “Class R-IV Interest”: The uncertificated Residual Interest in REMIC IV. “Class R-V Interest”: The uncertificated Residual Interest in REMIC V. “Class R-VI Interest”: The uncertificated Residual Interest in REMIC VI.
Class R-II Interest. The uncertificated residual interest in REMIC II. “Class R-III Interest”: The uncertificated residual interest in REMIC III. “Closing Date”: April 15, 2007.
Class R-II Interest. The residual interest in REMIC II as described in the Preliminary Statement and the related footnote thereto.