REMIC 4 Regular Interest definition

REMIC 4 Regular Interest. Any “regular interest” in REMIC 4 the ownership of which is represented by a Class C Certificate.

REMIC 4 Regular Interest. The Class 1-IO Interest, Class 2-IO Interest or any Regular Interest in REMIC 4 the ownership of which is represented by any of the Regular Certificates.

REMIC 4 Regular Interest. Each of the REMIC 4 Interests other than the Class LT4-R Interest.

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.

• The Class A-1A, Class A-1F1, Class A-1F2, Class A-2A, Class A-2F, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class B-1, Class P, Class X-1 and Class X-S Certificates and the REMIC 4 Regular Interest IO shall be designated as the “regular interests” in REMIC 4.

• 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.

More Definitions of REMIC 4 Regular Interest

REMIC 4 Regular Interest. Any of the Class LT4-1A Interest, Class LT4-1R Interest, Class LT4-2A1 Interest, Class LT4-2A2 Interest, Class LT4-2A3 Interest, Class LT4-2A4 Interest, Class LT4-2A5 Interest, Class LT4-2A6 Interest, Class LT4-2A7 Interest, Class LT4-3A Interest, Class LT4-B1 Interest, Class LT4-B2 Interest, Class LT4-B3 Interest, Class LT4-B4 Interest Class LT4-B5 Interest and Class LT4-B6 Interest.

REMIC 4 Regular Interest. Any of the Class T4-1, Class T4-2, Class T4-3, Class T4-4, Class T4-5, Class T4-6, Class T4-7, Class T4-8, Class T4-9, Class T4-10 and Class T4-11

REMIC 4 Regular Interest. The Class C Interest, Class P Interest, Class IO Interest and any “regular interest” in REMIC 4 the ownership of which is represented by a Class A Certificate, Class M Certificate or Class X Certificate.

REMIC 4 Regular Interest. Each of the Class AF-1 Certificates, the REMIC 4 AV-1 Interest, the REMIC 4 M-1 Interest, the REMIC 4 M-2 Interest, the REMIC 4 B-1 Interest, the REMIC 4 B-2 Interest, the REMIC 4 B-3 Interest, the Class A-IO Certificates and the REMIC 4 X/N Interest.

REMIC 4 Regular Interest. The Class X/N Interest.

REMIC 4 Regular Interest. Any of the separate non-certificated beneficial ownership interests in REMIC 4 issued hereunder and designated as a "regular interest" in REMIC 4. Each REMIC 4 Regular Interest shall accrue interest at the related Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal, if applicable, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC 4 Regular Interests are set forth in the Preliminary Statement hereto. The REMIC 4 Regular Interests consist of the Class A-1 REMIC 4 Regular Interest, Class A-2A REMIC 4 Regular Interest, Class A-2B REMIC 4 Regular Interest, Class A-2C REMIC 4 Regular Interest, Class A-2D REMIC 4 Regular Interest, Class M-1 REMIC 4 Regular Interest, Class M-2 REMIC 4 Regular Interest, Class M-3 REMIC 4 Regular Interest, Class M-4 REMIC 4 Regular Interest, Class M-5 REMIC 4 Regular Interest, Class M-6 REMIC 4 Regular Interest, Class M-7 REMIC 4 Regular Interest, Class M-8 REMIC 4 Regular Interest, Class M-9 REMIC 4 Regular Interest, Class B REMIC 4 Regular Interest, Class P REMIC 4 Regular Interest, Class CE REMIC 4 Regular Interest and Class Swap-IO REMIC 4 Regular Interexx.

REMIC 4 Regular Interest. With respect to each Class of Offered Certificates, all of the rights to distributions of principal and interest on such Class, provided, however, that the Pass-Through Rate for the regular interest component of each such Class of Offered Certificate shall be computed by substituting the REMIC 3 Net WAC Cap for the Net WAC Cap, and the rights of such Class to receive payments in respect of Net WAC Cap Carryover and the obligation to pay Class I Shortfalls shall not be treated as part of the regular interest component of such Class. With respect to the Class X Certificates, each of the five components described in footnote 14 to the table for REMIC 4.