Pooling REMIC definition

Pooling REMIC. The Trust REMIC consisting of the Assets and the Distribution Account.
Pooling REMIC. As specified in the Preliminary Statement.
Pooling REMIC. If provided for in a Pooling and Servicing Agreement, the REMIC consisting primarily of the related Assets.

Examples of Pooling REMIC in a sentence

  • The following table sets forth (or describes) the class designation, interest rate, and initial class principal amount for each class of Pooling REMIC Lower Tier Interests.

  • The “tax matters person” with respect to each REMIC hereunder other than the Pooling REMIC shall be the holder of the Class R Certificate.

  • The Class R-II Certificate represents ownership of the sole class of residual interest in the Pooling REMIC.

  • The tax matters person with respect to the Pooling REMIC shall be the holder of the Class R-II Certificate.

  • Each uncertificated interest in Pooling REMIC 1 is hereby designated as a REMIC regular interest.


More Definitions of Pooling REMIC

Pooling REMIC. With respect to any Double REMIC Series, unless otherwise provided in the Trust Agreement, the REMIC consisting primarily of the Mortgage Loans and the Asset Proceeds Account.
Pooling REMIC. As described in the Preliminary Statement.
Pooling REMIC. One of the two real estate mortgage investment conduits ------------- created with respect to the assets of the Trust, which consists of the Mortgage Assets and the Certificate Account.
Pooling REMIC. The REMIC consisting primarily of the Mortgage Loans, the Excess Proceeds Account, amounts in the Security Account that are distributable to the Class RP Securities and the Custodial Account.
Pooling REMIC. As defined in the Preliminary Statement, the assets of which consist of the Uncertificated Group REMIC Regular Interests and such amounts as shall from time to time be held in the Pooling REMIC Sub-Account.
Pooling REMIC. The REMIC identified in the Preliminary Statement.
Pooling REMIC shall have the meaning set forth in Section 10.12.