Corresponding REMIC Regular Interest definition
Corresponding REMIC Regular Interest. For each Class of Certificates, the interest in the Upper Tier REMIC listed on the same row in the table entitled "Upper Tier REMIC" in the Preliminary Statement.
Corresponding REMIC Regular Interest. For each Class of Certificates, the interest in the Upper-Tier REMIC listed on the same row in the table entitled “Upper-Tier REMIC” in Section 2.04 hereof. CUSTODIAN: JPMorgan Chase Bank, N.A., and its permitted successors in interest. CUT-OFF DATE: April 1, 2007.
Corresponding REMIC Regular Interest. For each Class of Certificates, the interest in the Upper Tier REMIC listed on the same row in the table entitled "Upper Tier REMIC" in the Preliminary Statement. Corridor Contract: Any of the Class A-1 Corridor Contract, the Class A-2 Corridor Contract or the Subordinate Certificate Corridor Contract. Corridor Contract Account: The separate Eligible Account created and maintained by the Trustee pursuant to Section 4.04(k)(i) in the name of the Trustee for the benefit of the Issuing Entity and designated "LaSalle Bank National Association, as trustee, in trust for registered holders of ▇▇▇▇▇▇▇ ▇▇▇▇▇ First ▇▇▇▇▇▇▇▇ Mortgage Loan Trust, Mortgage Loan Asset-Backed Certificates, Series 2007-2." Funds in the Corridor Contract Account shall be held in trust for the Issuing Entity for the uses and purposes set forth in this Agreement.
Examples of Corresponding REMIC Regular Interest in a sentence
In the case of a Class of the Class A, Class M and Class B Certificates, the Upper-Tier REMIC Net WAC Cap for the Corresponding REMIC Regular Interest.
In the case of a Class of the Class 1-A, Class 1-M and Class 1-B Certificates, the Upper-Tier I REMIC Net WAC Cap for the Corresponding REMIC Regular Interest.
In the case of a Class of the Class 2-A, Class 2-M and Class 2-B Certificates, the Upper-Tier II REMIC Net WAC Cap for the Corresponding REMIC Regular Interest.
For any Distribution Date, the REMIC II Net WAC (as adjusted, in the case of any Class of Pool 2 Certificates that accrues interest on a “30/360 basis” or its Corresponding REMIC Regular Interest, to reflect accruals on such basis).
More Definitions of Corresponding REMIC Regular Interest
Corresponding REMIC Regular Interest. For each Class of Pool 1 Certificates, the interest in the Upper-Tier I REMIC listed on the same row in the table entitled “Upper-Tier I REMIC” in Section 2.04 hereof. For each Class of Pool 2 Certificates, the interest in the Upper-Tier II REMIC listed on the same row in the table entitled “Upper-Tier II REMIC” in Section 2.04 hereof. CUSTODIAN: JPMorgan Chase Bank, N.A., and its permitted successors in interest. CUT-OFF DATE: July 1, 2007.