REMIC 2 Interests definition

REMIC 2 Interests. Each of the Class LT2-A Interest, the Class LT2-AR Interest, the Class LT2-M1 Interest, the Class LT2-M2 Interest, the Class LT2-M3 Interest, the Class LT2-B1 Interest, the Class LT2-B2 Interest, the Class LT2-B3 Interest, the Class LT2-C Interest and the Class LT2-R Interest.
Sample 1Sample 2
REMIC 2 Interests. Each of the Class LT2-A1A Interest, the Class LT2-A1B Interest, the Class LT2-B1 Interest, the Class LT2-B2 Interest, the Class LT2-B3 Interest, the Class LT2-M1 Interest, the Class LT2-M2 Interest, the Class LT2-M3 Interest, the Class LT2-C Interest, the Class LT2-AR Interest, the Class LT2-A1AX Interest, the Class LT2-A1BX Interest, the Class LT2-M1X Interest, the Class LT2-M2X Interest, the Class LT2-M3X Interest and the Class LT2-R Interest.
Sample 1
REMIC 2 Interests. Each interest in REMIC 2 as described in the Preliminary Statement.
Sample 1

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, 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.

  • 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 (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 the REMIC 2 Interests and will be evidenced by the Master REMIC Interests (other than the Class R3 Interests), which will constitute the regular interests in the Master REMIC and the Class R3 Interest, which will represent the single Class of “residual interest” in the Master REMIC.

  • REMIC 2: The REMIC 2 Interests will have the principal balances and pass-through rates as set forth below.

  • The Master REMIC will hold as assets the several classes of uncertificated REMIC 2 Interests (other than the R-2-R Interest).


More Definitions of REMIC 2 Interests

REMIC 2 Interests. Each of the Class LT2-A1 Interest, the Class LT2-A2 Interest, the Class LT2-A3 Interest, the Class LT2-A4 Interest, the Class LT2-A5 Interest, the Class LT2-A6 Interest, the Class LT2-A7 Interest, the Class LT2-A8 Interest, the Class LT2-A9 Interest, the Class LT2-A10 Interest, the Class LT2-A11 Interest, the Class LT2-A12 Interest, the Class LT2-A13 Interest, the Class LT2-A14 Interest, the Class LT2-A15 Interest, the Class LT2-A16 Interest, the Class LT2-A17 Interest, the Class LT2-A18 Interest, the Class LT2-A19 Interest, the Class LT2-A20 Interest, the Class LT2-A21 Interest, the Class LT2-A22 Interest, the Class LT2-A23 Interest, the Class LT2-A24 Interest, the Class LT2-A25 Interest, each of the REMIC 2 IO Interests and the Class LT2-R Interest. REMIC 2 IO Interests: Each of the Class LT2-IO1 Interest, the Class LT2-IO2 Interest, the Class LT2-IO3 Interest, the Class LT2-IO4 Interest, the Class LT2-IO5 Interest, the Class LT2-IO6 Interest, the Class LT2-IO7 Interest, the Class LT2-IO8 Interest, the Class LT2-IO9 Interest, the Class LT2-IO10 Interest, the Class LT2-IO11 Interest, the Class LT2-IO12 Interest, the Class LT2-IO13 Interest, the Class LT2-IO14 Interest, the Class LT2-IO15 Interest, the Class LT2-IO16 Interest, the Class LT2-IO17 Interest, the Class LT2-IO18 Interest, the Class LT2-IO19 Interest, the Class LT2-IO20 Interest, the Class LT2-IO21 Interest, the Class LT2-IO22 Interest, the Class LT2-IO23 Interest and the Class LT2-IO24 Interest.
Sample 1
REMIC 2 Interests. The REMIC 2 Regular Interests and the R-2 Interest.
Sample 1
REMIC 2 Interests. Each of the REMIC 2 A-1A Interest, the REMIC 2 A-1B Interest, the REMIC 2 A-1C Interest, the REMIC 2 B1 Interest, the REMIC 2 B2 Interest, the REMIC 2 B3 Interest, the REMIC 2 B4 Interest, the REMIC 2 B5 Interest, the REMIC 2 B6 Interest, the REMIC 2 B7 Interest, the REMIC 2 M1 Interest, the REMIC 2 M2 Interest, the REMIC 2 M3 Interest, the REMIC 2 M4 Interest, the REMIC 2 M5 Interest, the REMIC 2 M6 Interest, the REMIC 2 X Interest and the REMIC 2 Residual Interest.
Sample 1
REMIC 2 Interests. Each of the REMIC 2 A Interest, the REMIC 2 B1 Interest, the Class B-2 Certificates, the REMIC 2 B3A Interest, the REMIC 2 B3B Interest, the REMIC 2 M1 Interest, the REMIC 2 M2 Interest, the REMIC 2 CE Interest and the REMIC 2 Residual Interest.
Sample 1

Related to REMIC 2 Interests

  • Class R-2 Interest The uncertificated Residual Interest in REMIC 2.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • REMIC II Interests means, collectively, the REMIC II Regular Interests and the Class R-II Certificates.

  • REMIC 2 As described in the Preliminary Statement.

  • REMIC 4 The segregated pool of assets consisting of the Class C Interest conveyed in trust to the Trustee, for the benefit of the Holders of the Class C Certificates and the Class R-X Certificates (in respect of the Class R-4 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

  • REMIC II Assets The REMIC I Regular Interests.

  • REMIC 2 Regular Interests One of the separate non-certificated beneficial ownership interests in REMIC 2 issued hereunder and designated as a Regular Interest in REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related Uncertificated REMIC 2 Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The following is a list of each of the REMIC 2 Regular Interests: REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTA1, REMIC 2 Regular Interest LTA2, REMIC 2 Regular Interest LTA3, REMIC 2 Regular Interest LTA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10, REMIC 2 Regular Interest LTZZ, REMIC 2 Regular Interest LTP and REMIC 2 Regular Interest LTIO.

  • Lower Tier REMIC Interests Each of the Class LTA-1 Interest, the Class LTA-2A Interest, the Class LTA-2B Interest, the Class LTA-2C Interest, the Class LTA-2D Interest, the Class LTM-1 Interest, the Class LTM-2 Interest, the Class LTM-3 Interest, the Class LTM-4 Interest, the Class LTM-5 Interest, the Class LTM-6 Interest, the Class LTB-1 Interest, the Class LTB-2 Interest, the Class LTB-3 Interest, the Class LTIX Interest, the Class LTIIX Interest, the Class LTII1A Interest, the Class LTII1B Interest, the Class LTII2A Interest, the Class LTII2B Interest, the Class LT-IO Interest and the Class LTR Interest.

  • REMIC II Regular Interests The Classes of undivided beneficial interests in REMIC II designated as “regular interests” in the table titled “REMIC II Interests” in the Preliminary Statement hereto. The REMIC II Regular Interests, together with the Class R-2 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • REMIC 1 As described in the Preliminary Statement.

  • REMIC I Regular Interests The Classes of undivided beneficial interests in REMIC I designated as “regular interests” in the table titled “REMIC I Interests” in the Preliminary Statement hereto. The REMIC I Regular Interests, together with the Class R-1 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • REMIC VI The segregated pool of assets consisting of the Class IO Interest conveyed in trust to the Trustee, for the benefit of the Holders of REMIC VI Regular Interest IO and the Class RX Certificate (in respect of the Class R-6 Interest), with respect to which a separate REMIC election is to be made.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • REMIC III Regular Interests The Classes of undivided beneficial interests in REMIC III designated as “regular interests” in the table titled “REMIC III Interests” in the Preliminary Statement hereto.

  • REMIC Regular Interests The REMIC I Regular Interests and REMIC II Regular Interests.

  • REMIC I Assets All of the Mortgage Pool Assets.

  • REMIC 1 Regular Interests REMIC 1 Regular Interest LT1A, REMIC 1 Regular Interest LT1B, REMIC 1 Regular Interest LT1C, REMIC 1 Regular Interest LT1D and REMIC 1 Regular Interest LT1P.

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.

  • Class R-1 Interest The uncertificated Residual Interest in REMIC 1.

  • Residual Interests As specified in the Preliminary Statement.

  • REMIC II The segregated pool of assets consisting of the Uncertificated REMIC I Regular Interests conveyed in trust to the Trustee for the benefit of the holders of each Class of Certificates (other than the Class R-I Certificates) pursuant to Section 2.06, with respect to which a separate REMIC election is to be made.

  • REMIC V The segregated pool of assets consisting of the Class P Interest conveyed in trust to the Trustee, for the benefit of the Holders of the Class P Certificates and the Class RX Certificate (in respect of the Class R-5 Interest), with respect to which a separate REMIC election is to be made.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.