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.
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.
Class UT-R Interest. The sole class of "residual interest" in the Upper Tier REMIC evidenced by the Class R Certificate.
Examples of Class UT-R Interest in a sentence
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.
More Definitions of Class UT-R Interest
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.
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.
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.
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.
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.
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.