Pooling REMIC Regular Interests definition

Pooling REMIC Regular Interests. Either the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests, as applicable.
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Pooling REMIC Regular Interests. The regular interests in the Pooling ------------------------------- REMIC, consisting of the Class A and Class B Subaccounts.
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Pooling REMIC Regular Interests. Any of the Pooling REMIC 1 Regular Interests, the Pooling REMIC 2 Regular Interests, the Pooling REMIC 3 Regular Interests or the Pooling REMIC 4 Regular Interests, as applicable.
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Examples of Pooling REMIC Regular Interests in a sentence

  • Unless otherwise specified in the Pooling and Servicing Agreement, (a) the Pooling REMIC Regular Interests will be "regular interests" for purposes of the REMIC Provisions but will not constitute securities or certificates of interest in the Trust; and (b) the Trustee will be the owner of any such Regular Interests, which may not be transferred to any person other than a successor trustee appointed pursuant to Section 8.08 hereof unless the party desiring the transfer obtains a Special Tax Opinion.

  • A registration book shall be maintained for the Certificates (and, after a Section 7.01(d) Purchase Event, the applicable Pooling REMIC Regular Interests) collectively.

  • The Trustee is hereby appointed, and hereby accepts its appointment as, Certificate Registrar in respect of the Certificates (and, after a Section 7.01(d) Purchase Event, the applicable Pooling REMIC Regular Interests) and shall maintain books for the registration and for the transfer of Certificates (and, after a Section 7.01(d) Purchase Event, the applicable Pooling REMIC Regular Interests) (the “Certificate Register”).

  • The Pooling REMIC Regular Interests will constitute the regular interests in the Pooling REMIC, and the Class R-P Certificates will constitute the residual interest in such REMIC.

  • The Pooling REMIC Regular Interests will be held as assets of REMIC 1, the REMIC 1 Regular Interests will be held as assets of REMIC 2, the REMIC 2 Regular Interests will be held as assets of REMIC 3, and the REMIC 3 Regular Interests will be held as assets of REMIC 4.

  • The Lower-Tier REMIC will hold as its assets the Pooling REMIC Regular Interests and will issue interests (the “Lower-Tier Regular Interests”) (which will be uncertificated and will represent the regular interests in the Lower-Tier REMIC) and a residual interest (the “Class LT-R Interest”) which will also be uncertificated and which will represent the sole class of residual interest in the Lower-Tier REMIC.

  • Unless otherwise specified in the Pooling and Servicing Agreement, (a) the Pooling REMIC Regular Interests will be “regular interests” for purposes of the REMIC Provisions but will not constitute securities or certificates of interest in the Trust; and (b) the Trustee will be the owner of any such Regular Interests, which may not be transferred to any person other than a successor trustee appointed pursuant to Section 8.08 hereof unless the party desiring the transfer obtains a Special Tax Opinion.

  • The Pooling REMIC Regular Interests will be held as assets of REMIC 1, the REMIC 1 Regular Interests will be held as assets of REMIC 2, the REMIC 2 Regular Interests will be held as assets of REMIC 3, the REMIC 3 Regular Interests will be held as assets of REMIC 4, and the REMIC 4 Regular Interests will be held as assets of REMIC 5.

  • The Trustee will hold the Pooling REMIC Regular Interests as assets of the Lower-Tier REMIC.