REMIC 3 Pool 2 IO Interests definition

REMIC 3 Pool 2 IO Interests. Each of the Class LT32IO1 Interest, Class LT32IO2 Interest, Class LT32IO3 Interest, Class LT32IO4 Interest, Class LT32IO5 Interest, Class LT32IO6 Interest, Class LT32IO7 Interest, Class LT32IO8 Interest, Class LT32IO9 Interest, Class LT32IO10 Interest, Class LT32IO11 Interest, Class LT32IO12 Interest, Class LT32IO13 Interest, Class LT32IO14 Interest, Class LT32IO15 Interest, Class LT32IO16 Interest, Class LT32IO17 Interest, Class LT32IO18 Interest, Class LT32IO19 Interest, Class LT32IO20 Interest, Class LT32IO21 Interest, Class LT32IO22 Interest, Class LT32IO23 Interest, Class LT32IO24 Interest, Class LT32IO25 Interest, Class LT32IO26 Interest, Class LT32IO27 Interest, Class LT32IO28 Interest, Class LT32IO29 Interest, Class LT32IO30 Interest, Class LT32IO31 Interest, Class LT32IO32 Interest, Class LT32IO33 Interest, Class LT32IO34 Interest, Class LT32IO35 Interest, Class LT32IO36 Interest, Class LT32IO37 Interest, Class LT32IO38 Interest, Class LT32IO39 Interest, Class LT32IO40 Interest, Class LT32IO41 Interest, Class LT32IO42 Interest, Class LT32IO43 Interest, Class LT32IO44 Interest, Class LT32IO45 Interest, Class LT32IO46 Interest, Class LT32IO47 Interest and Class LT32IO48 Interest.
REMIC 3 Pool 2 IO Interests. Each of the Class LT32IO1 Interest, Class LT32IO2 Interest, Class LT32IO3 Interest, Class LT32IO4 Interest, Class LT32IO5 Interest, Class LT32IO6 Interest, Class LT32IO7 Interest, Class LT32IO8 Interest, Class LT32IO9 Interest, Class LT32IO10 Interest, Class LT32IO11 Interest, Class LT32IO12 Interest, Class LT32IO13 Interest, Class LT32IO14 Interest, Class LT32IO15 Interest, Class LT32IO16 Interest, Class LT32IO17 Interest, Class LT32IO18 Interest, Class LT32IO19 Interest, Class LT32IO20 Interest, Class LT32IO21 Interest and Class LT32IO22 Interest.

Related to REMIC 3 Pool 2 IO Interests

  • 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.

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

  • 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.

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

  • 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 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.

  • 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 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.

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

  • 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.

  • Lower Tier REMIC Regular Interest As specified in the Preliminary Statement.

  • Class A-L Regular Interests The Class A-1A-L, Class A-1B-L and Class A-1C-L Regular Interests.

  • REMIC 2 As described in the Preliminary Statement.

  • 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.

  • REMIC 2 Regular Interest Each of the REMIC 2 Interests other than the Class LT2-R Interest.

  • REMIC II Assets The REMIC I Regular Interests.

  • Lower Tier Interest As described in the Preliminary Statement.

  • 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.

  • Lower-Tier Regular Interests The respective classes of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Lower-Tier REMIC, designated as the Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LVRR Lower-Tier Regular Interests.

  • Regular Interests (i) With respect to REMIC I, the REMIC I Regular Interests and (ii) with respect to REMIC II, the REMIC II Regular Interests.

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

  • REMIC 3 The segregated pool of assets consisting of all of the REMIC 2 Regular Interests conveyed in trust to the Trustee, for the benefit of the Holders of the Regular Certificates and the Class R Certificate (in respect of the Class R-3 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

  • 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.