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.
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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.
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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.
Sample 1

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.

  • If there is a vacancy for any reason in the office of Vicar’s Warden, the Vicar must appoint a replacement as soon as possible and give the required notice of that appointment (Parishes Statute, s.33 and s.2).

  • 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.

  • With budget support donors have become more involved in everyday politics and policymaking which can, perversely, make governments respond more to the wishes of donors than to the needs of the people.


More Definitions of Corresponding REMIC Regular Interest

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 Xxxxxxx Xxxxx First Xxxxxxxx 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.
Sample 1

Related to Corresponding REMIC Regular Interest

  • REMIC Regular Interest Any REMIC I Regular Interest or REMIC II Regular Interest.

  • REMIC I Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a "regular interest" in REMIC I. Each REMIC I Regular Interest shall accrue interest at the related REMIC I Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC I Regular Interests are set forth in the Preliminary Statement hereto.

  • REMIC III Regular Interest The Class CE Interest, Class P Interest, Class IO Interest or any Regular Interest in REMIC III the ownership of which is represented by any of the Class A Certificates or Class M Certificates.

  • REMIC 2 Regular Interest Each of the REMIC 2 Interests other than the Class LT2-R Interest.

  • REMIC 1 Regular Interest Each of the REMIC 1 Interests other than the Class LT1-R Interest.

  • REMIC II Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC II issued hereunder and designated as a “regular interest” in REMIC II. Each REMIC II Regular Interest shall accrue interest at the related REMIC II Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC II Regular Interests are set forth in the Preliminary Statement hereto.

  • Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.

  • REMIC Regular Interests The REMIC I Regular Interests and REMIC II Regular Interests.

  • REMIC III Regular Interests The Classes of undivided beneficial interests in REMIC III designated as “regular interests” in the table titled “REMIC III Interests” in the Preliminary Statement hereto.

  • REMIC I Regular Interests The Classes of undivided beneficial interests in REMIC I designated as “regular interests” in the table titled “REMIC I Interests” in the Preliminary Statement hereto. The REMIC I Regular Interests, together with the Class R-1 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • REMIC II Regular Interests The Classes of undivided beneficial interests in REMIC II designated as “regular interests” in the table titled “REMIC II Interests” in the Preliminary Statement hereto. The REMIC II Regular Interests, together with the Class R-2 Residual Interest, 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.

  • Upper-Tier Regular Interest As described in the Preliminary Statement.

  • Lower-Tier Regular Interest Each of the Class LT-A-1, Class LT-A-2, Class LT-M-1, Class LT-M-2, Class LT-B-1 and Class LT-Accrual Interests as described in the Preliminary Statement.

  • Regular interest A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code.

  • Regular Interests (i) With respect to REMIC I, the REMIC I Regular Interests and (ii) with respect to REMIC II, the REMIC II Regular Interests.

  • L Regular Interest The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein.

  • Lower-Tier Regular Interests The respective classes of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Lower-Tier REMIC, designated as the Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LVRR Lower-Tier Regular Interests.