REMIC 2 Interests definition
Examples of REMIC 2 Interests in a sentence
The Master REMIC will consist of the REMIC 2 Interests and will be evidenced by the Certificates (other than the Class A-R Certificates), which will constitute the regular interests in the Master REMIC (the "Regular Certificates") and the Class MR Interest, which will represent the single Class of "residual interest" in the Master REMIC.
REMIC 3 will hold as assets the several classes of REMIC 2 Interests (other than the R-2-R Interest).
REMIC 3 will consist of the REMIC 2 Interests and will issue uncertificated REMIC 3 regular interests, which will constitute the regular interests in REMIC 3 (the "REMIC 3 Regular Interests") and the Class R-3 Interest, which will represent the single Class of "residual interest" in REMIC 3.
The Master REMIC will hold as assets the several classes of uncertificated REMIC 2 Interests (other than the Class R-2 Interest).
REMIC 2 will consist of the REMIC 1 Interests and will be evidenced by the REMIC 2 Interests (other than the Class R2 Interests), which will constitute the regular interests in REMIC 2 and the Class R2 Interest, which will represent the single Class of “residual interest” in REMIC 2.
The Master REMIC will consist of REMIC 2 Interests and will be evidenced by the Certificates, which (other than the Class C and Class A-R Certificates) will constitute the regular interests in the Master REMIC (the "Regular Certificates") and the Class R-3 Interest, which will represent the single Class of "residual interest" in the Master REMIC.
REMIC 2 will consist of the REMIC 1 Interests and will be evidenced by the REMIC 2 Interests, which (other than the Class R-2 Interests) will constitute the regular interests in REMIC 2 (the "REMIC 2 Regular Interests") and the Class R-2 Interest, which will represent the single Class of "residual interest" in REMIC 2.
REMIC 3 will consist of the REMIC 2 Interests and will be evidenced by the REMIC 3 Regular Interests, which will constitute the regular interests in REMIC 3 (the "REMIC 3 Regular Interests") and the Class R3 Interest, which will represent the single Class of "residual interest" in REMIC 3.
The Master REMIC will consist of the REMIC 2 Interests and will be evidenced by the Certificates (other than the Class A-R Certificates), which will constitute the regular interests in the Master REMIC (the “Regular Certificates”) and the Class MR Interest, which will represent the single Class of “residual interest” in the Master REMIC.
REMIC 3 will consist of the REMIC 2 Interests and will be evidenced by the REMIC 3 Interests (other than the Class R3 Interests), which will constitute the regular interests in REMIC 3 and the Class R3 Interest, which will represent the single Class of “residual interest” in REMIC 3.