Examples of Class SWR Interest in a sentence
The SWAP REMIC will consist of all of the assets constituting the Trust Fund (other than the assets described in clauses (ii), (iii), (iv) and (v) above, other than the SWAP REMIC Regular Interests and other than the Lower Tier REMIC Regular Interests) and will be evidenced by the SWAP REMIC Regular Interests (which will be uncertificated and will represent the "regular interests" in the SWAP REMIC) and the Class SWR Interest as the single "residual interest" in the SWAP REMIC.
The Class R Certificate will represent beneficial ownership of the Class SWR Interest, the Class LTR Interest and the Residual Interest.
Any amounts remaining in the SWAP REMIC after the aforementioned distributions shall be distributed to the Class SW-R Interest.
The Class SW-R Interest is hereby designated as the sole residual interest (within the meaning of Section 860G(a)(2) of the Code) in the SWAP REMIC.
Each of the SWAP REMIC Interests other than the Class SW-R Interest.
The SWAP REMIC will consist of the Pre-Funding REMIC Regular Interests and will be evidenced by the SWAP REMIC Regular Interests (which will be uncertificated and will represent the "regular interests" in the SWAP REMIC) and the Class SWR Interest as the single "residual interest" in the SWAP REMIC.
The Class R Certificate will represent beneficial ownership of the Class PFR Interest, the Class SWR Interest, the Class LTR Interest and the Residual Interest.
The Class A-R Certificate evidences ownership of the Class SW-R Interest, the Class LT-R Interest, the Residual Interest and the right to receive payments from the Class A-R Reserve Fund.
The SWAP REMIC will consist of all of the assets constituting the Trust Fund (other than the assets described in clauses (ii), (iii), (iv), (v), (vi) and (vii) above, other than the SWAP REMIC Regular Interests and other than the Lower Tier REMIC Regular Interests) and will be evidenced by the SWAP REMIC Regular Interests (which will be uncertificated and will represent the "regular interests" in the SWAP REMIC) and the Class SWR Interest as the single "residual interest" in the SWAP REMIC.
The Class SW-R Interest is hereby designated as the sole residual interest in the SWAP REMIC.