Lower Tier Accrual Interests definition

Lower Tier Accrual Interests. Lower Tier Interests 4 and 14.
Sample 1
Lower Tier Accrual Interests. As to any Two Tier Series, as specified in the related Issue Supplement.
Sample 1
Lower Tier Accrual Interests. Lower Tier Interests 1, 2, 4, 11 and 13. Prospectus Supplement: The Prospectus Supplement dated September 21, 2006, relating to the Guaranteed REMIC Pass Through Certificates, Xxxxxx Xxx XXXXX Trust 2006-105, as the same may be amended or supplemented from time to time.
Sample 1

Examples of Lower Tier Accrual Interests in a sentence

  • Lower Tier Accrual Interests: Prospectus Supplement: The Prospectus Supplement dated , 20 , relating to the Guaranteed REMIC Pass Through Certificates, Xxxxxx Xxx XXXXX Trust 20 -X, as the same may be amended or supplemented from time to time.


More Definitions of Lower Tier Accrual Interests

Lower Tier Accrual Interests. Lower Tier Interests LT-8 and LT-11.
Sample 1

Related to Lower Tier Accrual Interests

  • Lower Tier Interest As described in the Preliminary Statement.

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

  • Lower-Tier REMIC As described in the Preliminary Statement.

  • 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.

  • 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.

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

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • Upper-Tier REMIC As described in the Preliminary Statement.

  • Uncertificated Lower-Tier Interest A regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and is entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest are Uncertificated Lower-Tier Interests.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • REMIC II Interests means, collectively, the REMIC II Regular Interests and the Class R-II Certificates.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class R-1 Interest The uncertificated Residual Interest in REMIC 1.

  • Lower Tier Principal Distribution Amount With respect to any calendar month, the sum of (i) the Cash Flow Distribution Amount and (ii) the Lower Tier Accrual Amount, if any.