Exchangeable REMIC Combination definition

Exchangeable REMIC Combination. Any of the Exchangeable REMIC Combination 1, Exchangeable REMIC Combination 2, Exchangeable REMIC Combination 3, Exchangeable REMIC Combination 4, Exchangeable REMIC Combination 5, Exchangeable REMIC Combination 6, Exchangeable REMIC Combination 7, Exchangeable REMIC Combination 8, Exchangeable REMIC Combination 9 and Exchangeable REMIC Combination 10, as applicable.

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Exchangeable REMIC Combination. 3: The Class 2-A-8 Certificates.

Exchangeable REMIC Combination. 31: The Class 1-A-11, Class 1-A-12, Class 1-A-13 and Class 1-A-14 Certificates.

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.

• A Class of Exchangeable Certificates received in exchange of a Class of Exchangeable REMIC Certificates which are Super Senior Support Certificates will be allocated a proportionate share of the principal portion of Realized Losses allocated to such Class of Super Senior Support Certificates in the Exchangeable REMIC Combination.

• Any decrease in the principal portion of Realized Losses allocated to a Class of Super Senior 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.

More Definitions of Exchangeable REMIC Combination

Exchangeable REMIC Combination. Any of the Exchangeable REMIC Combination 1, Exchangeable REMIC Combination 2, Exchangeable REMIC Combination 3, Exchangeable REMIC Combination 4, Exchangeable REMIC Combination 5, Exchangeable REMIC Combination 6, Exchangeable REMIC Combination 7, Exchangeable REMIC Combination 8, Exchangeable REMIC Combination 9, Exchangeable REMIC Combination 10, Exchangeable REMIC Combination 11, Exchangeable REMIC Combination 12, Exchangeable REMIC Combination 13, Exchangeable REMIC Combination 14, Exchangeable REMIC Combination 15 and Exchangeable REMIC Combination 16, as applicable.

Exchangeable REMIC Combination. Exchangeable REMIC Combination 1.

Exchangeable REMIC Combination. 32: The Class 1-A-3, Class 1-A-4, Class 1-A-5, Class 1-A-6, Class 1-A-7, Class 1-A-8, Class 1-A-9, Class 1-A-10, Class 1-A-11, Class 1-A-12, Class 1-A-13, Class 1-A-14, Class 1-A-15 and Class 1-A-16 Certificates.

Exchangeable REMIC Combination. 2: The Class 2-A-1 Certificates.

Exchangeable REMIC Combination. Any of Exchangeable REMIC Combination 1, Exchangeable REMIC Combination 2, Exchangeable REMIC Combination 3, Exchangeable REMIC Combination 4, Exchangeable REMIC Combination 5, Exchangeable REMIC Combination 6, Exchangeable REMIC Combination 7, Exchangeable REMIC Combination 8, Exchangeable REMIC Combination 9, Exchangeable REMIC Combination 10, Exchangeable REMIC Combination 11, Exchangeable REMIC Combination 12, Exchangeable REMIC Combination 13, Exchangeable REMIC Combination 14, Exchangeable REMIC Combination 15, Exchangeable REMIC Combination 16, Exchangeable REMIC Combination 17, Exchangeable REMIC Combination 18, Exchangeable REMIC Combination 19, Exchangeable REMIC Combination 20, Exchangeable REMIC Combination 21, Exchangeable REMIC Combination 22, Exchangeable REMIC Combination 23, Exchangeable REMIC Combination 24, Exchangeable REMIC Combination 25, Exchangeable REMIC Combination 26, Exchangeable REMIC Combination 27, Exchangeable REMIC Combination 28, Exchangeable REMIC Combination 29, Exchangeable REMIC Combination 30, Exchangeable REMIC Combination 31, Exchangeable REMIC Combination 32, Exchangeable REMIC Combination 33, Exchangeable REMIC Combination 34 or Exchangeable REMIC Combination 35, as applicable.

Exchangeable REMIC Combination. 2: The Class CB-3 Certificates.

Exchangeable REMIC Combination. The Class A-1 Certificates and Class A-4 Certificates. FDIC: The Federal Deposit Insurance Corporation or any successor. First Distribution Date: January 28, 2008. Fitch: Fitch Ratings or any successor thereto. Form 8-K Disclosure Information: As defined in Section 9.04. Independent: When used with respect to any specified Person, such a Person who (i) is in fact independent of the Depositor, (ii) does not have any direct financial interest in the Depositor or in an Affiliate, and (iii) is not connected with the Depositor as an officer, employee, promoter, underwriter, trustee, partner, director or person performing similar functions.