Examples of Exchangeable REMIC Combination in a sentence
In the event that all or a portion of a Class of Exchangeable REMIC Certificates in any Exchangeable REMIC Combination is exchanged for a proportionate portion of the Class of Exchangeable Certificates in the related Combination, the Class of such Exchangeable Certificates will be allocated a proportionate share of Realized Losses allocated to the Classes of Exchangeable REMIC Certificates in the related Combination.
Exchangeable REMIC Combination: Any of Exchangeable REMIC Combination 1, Exchangeable REMIC Combination 2, Exchangeable REMIC Combination 3, Exchangeable REMIC Combination 4 or Exchangeable REMIC Combination 5, as applicable.
In the event that all or a portion of a Class of Exchangeable REMIC Certificates in any Exchangeable REMIC Combination is exchanged for a proportionate portion of the Class of Exchangeable Certificates in the related Combination, the Class of such Exchangeable Certificates will be allocated a proportionate share of any increase or decrease in the Class Certificate Balance of a Related Exchangeable REMIC Certificate pursuant to this Section 5.04(e).
Any principal portion of Realized Losses allocated to a Class of Super Senior Support Certificates in an Exchangeable REMIC Combination in accordance with the second preceding paragraph will be further allocated between such Class and the Related Exchangeable Class.
A Class of Exchangeable Certificates received in an exchange of a Class of Exchangeable REMIC Certificates which are Super Senior Certificates, will be allocated a proportionate share of any decrease in the principal portion of Realized Losses allocated to such Class of Super Senior Certificates in the Exchangeable REMIC Combination.