Class S-2 Interest definition

Class S-2 Interest means any one of the Class S-2
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Class S-2 Interest. Any of the Class S-2
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Class S-2 Interest means any one of the Class S-2(1) Interest, Class S-2(2) Interest, Class S-3(3) Interest and Class S-2(4) Interests.
Sample 1

More Definitions of Class S-2 Interest

Class S-2 Interest means any one of the Class S-2(1) Interest, Class S-2(2) Interest, Class S-2(3) Interest and Class S-2(4) Interests.
Sample 1
Class S-2 Interest. Any of the Class S-2(1) Interest, Class S-2(2) ------------------ Interest, Class S-2(3) Interest, Class S-2(4) Interest, Class S-2(5) Interest, Class S-2(6) Interest, Class S-2(7) Interest, Class S-2(8) Interest, Class S-2(9) Interest, Class S-2(10) Interest, Class S-2(11) Interest, Class S-2(12) Interest, Class S-2(13) Interest, Class S-2(14) Interest, Class S-2(15) Interest, Class S-2(16) Interest, Class S-2(17) Interest, Class S-2(18) Interest, Class S-2(19) Interest, Class S-2(20) Interest, Class S-2(21) Interest, Class S-2(22) Interest, Class S-2(23) Interest, Class S-2(24) Interest, Class S-2(25) Interest, Class S-2(26) Interest, Class S-2(27) Interest, Class S-2(28) Interest, Class S-2(29) Interest, Class S-2(30) Interest, Class S-2(31) Interest or Class S-2(32) Interest.
Sample 1
Class S-2 Interest. Any of the Class S-2(1) Interest, Class S-2(2) ------------------ Interest, Class S-2
Sample 1

Related to Class S-2 Interest

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

  • Class A-2 Interest Rate means _____% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

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

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

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

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

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

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

  • 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.

  • 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.

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

  • 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 M-2 Interest Carry Forward Amount As of any Distribution Date, the sum of (1) the excess of (A) the Class M-2 Current Interest with respect to prior Distribution Dates over (B) the amount actually distributed to the Class M-2 Certificates with respect to interest on such prior Distribution Dates and (2) interest on such excess (to the extent permitted by applicable law) at the Class M-2 Pass-Through Rate for the related Accrual Period.

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

  • Class B-2 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-2 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-2 Certificates on such Distribution Date pursuant to Paragraph eighth of Section 4.01(a).

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

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

  • 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.

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

  • Class A-2 Interest Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of (x) the Class A-2 Interest Distributable Amount for such Payment Date and any outstanding Class A-2 Interest Carryover Shortfall from the immediately preceding Payment Date (together with interest on such outstanding Class A-2 Interest Carryover Shortfall at the Class A-2 Rate, to the extent lawful, calculated on the same basis as interest on the Class A-2 Notes for the same period), over (y) the amount of interest distributed to the Class A-2 Noteholders on such Payment Date.

  • REMIC 2 Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) the Uncertificated REMIC 2 Pass-Through Rate for REMIC 2 Regular Interest LTAA minus the Marker Rate, divided by (b) 12.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • 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 Interest Each of the Class A-1 and Class A-2 Interests.