Middle-Tier REMIC definition

Middle-Tier REMIC. As described in the Preliminary Statement.

Middle-Tier REMIC. As defined in the Preliminary Statement, the assets of which consist of the Uncertificated Lower-Tier Interests and such amounts as shall from time to time be deemed held in the Middle-Tier Certificate Sub-Account.

Middle-Tier REMIC. As specified in the Preliminary Statement.

Examples of Middle-Tier REMIC in a sentence

• The Closing Date is hereby designated as the "start-up day" of each of the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC within the meaning of Section 860G(a)(9) of the Code.

• The Uncertificated Middle-Tier Interests shall constitute the "regular interests" in the Middle-Tier REMIC.

• The Trust Estate for federal income tax purposes will be treated as three separate real estate mortgage investment conduits (the "Upper-Tier REMIC," the "Middle-Tier REMIC" and the "Lower-Tier REMIC," respectively, and each, a "REMIC").

• The Trustee shall also specify such date in the final tax returns of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC.

• The Holder of the Class 1-A-MR Certificate is hereby designated as the Tax Matters Person for the Middle-Tier REMIC.

More Definitions of Middle-Tier REMIC

Middle-Tier REMIC. As described in the Preliminary Statement to this Agreement.

Middle-Tier REMIC. The Middle-Tier REMIC as described in Section 2.04.

Middle-Tier REMIC. The REMIC described in Section 2.07 which is the issuer of the Middle-Tier REMIC Regular Interests and the MR Interest.

Middle-Tier REMIC. The Middle Tier REMIC as described in the Preliminary Statement hereto.

Middle-Tier REMIC. As described in the Preliminary Statement. MIN: The mortgage identification number for any MERS Mortgage Loan.

Middle-Tier REMIC. One of the three separate REMICs comprising the Trust Fund, the assets of which consist of the Uncertificated Lower-Tier Interests and such amounts as shall from time to time be held in the Middle-Tier Distribution Account.

Middle-Tier REMIC. One of the three separate REMICs comprising the Trust Estate, the assets of which consist of the Uncertificated Lower-Tier Interests and such amounts as shall from time to time be held in the Middle-Tier Certificate Account. MIN: A MERS Mortgage Identification Number assigned to a Mortgage Loan registered under MERS.