Class R-III Interest definition

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

Class R-III Interest. The “residual interest” (as defined in Code Section 860(a)(2)) in REMIC III, the beneficial interest in which is represented by the Class R Certificates.

Class R-III Interest. The uncertificated residual interest in REMIC III. CLOSING DATE: June 17, 2005.

Examples of Class R-III Interest in a sentence

• The CE Certificates shall be designated as the Regular Interests in REMIC III and the Class R-III Interest shall be designated as the Residual Interest in REMIC III.

• The Class CE Certificates shall be designated as the Regular Interests in REMIC III and the Class R-III Interest shall be designated as the Residual Interest in REMIC III.

• The Class R Certificates evidence ownership in the Class R-I Interest, the Class R-II Interest and the Class R-III Interest.

• As provided herein, the Securities Administrator will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC III.” The Class R-III Interest will evidence the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions.

• The Class A Certificates, the Mezzanine Certificates, the Class CE Interest, the Class P Interest and the Class Swap-IO Interest shall be designated as the Regular Interests in REMIC III and the Class R-III Interest shall be designated as the Residual Interest in REMIC III.

More Definitions of Class R-III Interest

Class R-III Interest. The "residual interest" (as defined in Code Section 860(a)(2)) in REMIC III, the beneficial interest in which is represented by the Class R Certificates.

Class R-III Interest. The uncertificated Residual Interest in REMIC III. Closing Date: March 9, 2007. Code: The Internal Revenue Code of 1986 (or any successor statute thereto) and the rules and regulations promulgated thereunder, as the same may be amended from time to time.

Class R-III Interest. The uncertificated Residual Interest in REMIC III. CLOSING DATE: September 30, 2004.

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-III Interest the sole class of "residual interests" in REMIC III. CLOSING DATE: October 29, 2004.

Class R-III Interest. The uncertificated Residual Interest in REMIC III. "Class S Certificates": Any one of the Class S Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-11 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

Class R-III Interest has no Class Principal Balance and no Pass-Through Rate. The Class R-III Interest is represented by the Class R2 Certificate. REMIC IV -------- INITIAL CLASS PRINCIPAL BALANCE OR INITIAL PASS-THROUGH RATE CLASS DESIGNATION NOTIONAL BALANCE (PER ANNUM) ----------------- -------------------- ------------------------- QA-1 $105,701,000(1) 3.5%(2) QA-1N $105,701,000(3) 3.6257%(4) QA-2 $104,998,000(5) 3.5%(6) QA-2N $104,998,000(7) 3.6257%(8) QA-3 $104,428,000(9) 3.5%(6) QA-3N $104,428,000(10) 3.6257%(8) QA-4 $44,884,203(11) 3.5%(6) QA-4N $44,884,203(12) 3.6257%(8) QA-5 $50,722,824(13) 3.5%(6) QA-5N $50,722,824(14) 3.6257%(8) QA-6 $22,000,000(15) 3.5%(6) QA-6N $22,000,000(16) 3.6257%(8) Q3N $432,734,027(17) 0%(18) Q4N NA(19) N/A(20) R-IV N/A(21) N/A(21) -------------------