Class UT-R Interest definition

Class UT-R Interest. The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
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Class UT-R Interest. The residual interest in the Upper-Tier REMIC. The Class UT-R Interest will be represented by the Class R Certificates.
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Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate.
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Examples of Class UT-R Interest in a sentence

  • The Class UT-R Interest will constitute the sole Class of “residual interests” in the Upper-Tier REMIC created hereunder, and will be evidenced by the Class R Certificates.

  • The Class UT-R Interest, represented by the Class R Certificates, is hereby designated as the sole class of “residual interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(2) of the Code.

  • The AlphaCare Companies has no ownership interest in such pharmacies utilized in the Business.

  • The Upper-Tier REMIC The Upper-Tier REMIC shall issue the following classes of Upper-Tier Regular Interests, and each such interest, other than the Class UT-R Interest, is hereby designated as a regular interest in the Upper-Tier REMIC.

  • The Class UT-R Interest is hereby designated as the sole class of residual interests in the Upper-Tier REMIC and shall be represented by the Class R Certificate.


More Definitions of Class UT-R Interest

Class UT-R Interest. The sole class of “residual interest” in the Upper Tier REMIC evidenced by the Class R Certificate. Closing Date: June 30, 2006. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions.
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Class UT-R Interest. The sole class of residual interest in the Upper Tier REMIC for purposes of the REMIC Provisions. The Class UT-R Interest shall have neither a principal amount nor an interest rate. The Class UT-R Interest shall be represented by the Class A-R Certificate. Closing Date: October 31, 2006.
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Class UT-R Interest. The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement.
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Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC as described in the Preliminary Statement and the related footnote thereto.
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Class UT-R Interest. The sole residual interest in the Upper Tier REMIC. The Class UT-R Interest shall be entitled to all distributions on the Class A-R Certificate other than distributions in respect of the Class LT-R Interest and the Class MT-R Interest.
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Class UT-R Interest. The sole class of "residual interest" in the Upper-Tier REMIC. The Class UT-R Interest shall consist of all rights associated with the Class R Certificates other than the rights to payments in respect of the Class LT-R Interest.
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Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate. Closing Date: November 30, 2006. Closing Date Deposit Amount: $465,666.92 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date.
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