Examples of REMIC 4 Regular Interest in a sentence
Each REMIC 4 Regular Interest is hereby designated as a regular interest 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.
Each REMIC 4 Regular Interest is hereby designated as a regular interest in REMIC 4 for purposes of the REMIC provisions.
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.
For purposes of calculating the amount of the Monthly Interest Distributable Amount for the Class II-C Certificates for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls allocated to REMIC 4 Regular Interest LT4-IIC pursuant to the paragraphs above shall be allocated among the Class II-C Certificates on a pro rata basis based on one month's interest.