Regular Interest definition

Regular Interest. A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code.

Regular Interest means such rate as the director may

Regular Interest. Any one of the regular interests in the Trust Fund.

Examples of Regular Interest in a sentence

• Any Subclass so issued shall bear a numerical designation commencing with Class A-V-1 and continuing sequentially thereafter, and will evidence ownership of the Uncertificated REMIC Regular Interest or Interests specified in writing by such initial Holder to the Trustee.

• Any payments to the Certificates from amounts deemed received in respect of this notional principal contract shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Code Section 860G(a)(1).

• Each such Lower Tier Regular Interest is hereby designated as a regular interest in the Lower Tier REMIC.

• The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date.

• Unless otherwise specified, all calculations described herein shall be made on the basis of a 360-day year consisting of twelve 30-day months and all calculations on each Regular Interest shall be made on the basis of a 360-day year and the actual number of days in the month.

More Definitions of Regular Interest

Regular Interest in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

Regular Interest. A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code. Regulation AB: Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.

Regular Interest. As described in the Preliminary Statement.

Regular Interest means interest at rates set from time to time by the board.

Regular Interest. An interest in a REMIC that is designated in the Trust Agreement as a “regular interest” under the REMIC Provisions.

Regular Interest means interest at a rate set by the retirement board in accordance with 19-20-501(2).

Regular Interest means interest at any rates for the respective funds and accounts as the public employees retirement board may determine from time to time.