REMIC definition
REMIC shall have the meaning assigned to such term in Section 5(d).
REMIC shall have the meaning assigned to such term in Section 2(f).
Examples of REMIC in a sentence
Notwithstanding anything contained herein to the contrary, no Person acting on behalf of the Issuer will have the authority to consummate any act that would result in an Adverse REMIC Event.
The Delaware Trustee will not take any action (a) that is inconsistent with the purposes of the Issuer set forth in Section 2.05 or (b) that, to the actual knowledge of a Responsible Officer of the Delaware Trustee, would result in an Adverse REMIC Event or would violate the terms of this Agreement or applicable law.
Each Certificateholder of a Class RL Certificate or Class R Certificate will pay when due any and all taxes imposed on the related REMIC or REMICs, as applicable, by federal or state governmental authorities.
More Definitions of REMIC
REMIC. A "real estate mortgage investment conduit" as defined in Code Section 860D. "The REMIC" means the REMIC constituted by the Trust Estate.
REMIC. Each pool of assets in the Trust Fund designated as a REMIC as described in the Preliminary Statement.
REMIC. 2 Regular Interest MT-B...........................................................................33 REMIC 2 Regular Interest MT-ZZ..........................................................................33 REMIC 2 Regular Interest MT-IO..........................................................................34 REMIC 2 Regular Interest MT-J...........................................................................34 REMIC 2 Regular Interest MT-P...........................................................................34 REMIC 2 Regular Interests...............................................................................34
REMIC. A "real estate mortgage investment conduit" within the meaning of section 860D of the Code. References herein to "the REMICs" or "a REMIC" shall mean any of (or, as the context requires, all of) the SWAP REMIC, the Lower Tier REMIC and the Upper Tier REMIC.
REMIC. 2 Regular Interest MT-A1..........................................................................32 REMIC 2 Regular Interest MT-A2..........................................................................33 REMIC 2 Regular Interest MT-A3..........................................................................33 REMIC 2 Regular Interest MT-A4..........................................................................33 REMIC 2 Regular Interest MT-M1..........................................................................33 REMIC 2 Regular Interest MT-B...........................................................................33 REMIC 2 Regular Interest MT-ZZ..........................................................................33 REMIC 2 Regular Interest MT-IO..........................................................................34 REMIC 2 Regular Interest MT-J...........................................................................34 REMIC 2 Regular Interest MT-P...........................................................................34 REMIC 2 Regular Interests...............................................................................34
REMIC means a real estate mortgage investment conduit within the meaning of Section 860D of the Code.
REMIC. A "real estate mortgage investment conduit" within the meaning of Section 860D of the Code. As used herein, the term "REMIC" shall mean REMIC I, REMIC II or REMIC III.