Examples of REMIC 4 Regular Interest in a sentence
Each REMIC 4 Regular Interest is hereby designated as a regular interest in REMIC 4.
For federal income tax purposes, such amounts paid to the Counterparty on each Swap Payment Date shall first be deemed paid to the Counterparty in respect of REMIC 4 Regular Interest IO to the extent of the amount distributable on such REMIC 4 Regular Interest IO on such Distribution Date, and any remaining amount shall be deemed paid to the Counterparty in respect of a Class IO Distribution Amount.
Such amounts shall be deemed distributed by REMIC 3 to REMIC 4 in respect of REMIC 4 Regular Interest Swap IO.
Each REMIC 4 Regular Interest is hereby designated as a regular interest in REMIC 4 for purposes of the REMIC provisions.
Each Class of Offered P&I Certificates represents beneficial ownership of the corresponding REMIC 4 Regular Interest and the right to receive Cap Carryover Amounts.