REMIC Certificate definition

REMIC Certificate. Each Class of Certificates or Certificate, as applicable, issued by REMIC UT pursuant to Section 2.03 and the Class RC and Class R Certificates.

REMIC Certificate. Any REMIC Regular Certificate or Residual Certificate, as applicable.

REMIC Certificate does not include the Lower Tier Regular Interests or the Middle Tier Regular Interests.

Examples of REMIC Certificate in a sentence

• The "latest possible maturity date" for federal income tax purposes of all interests created hereby will be the REMIC Certificate Maturity Date.

• Section 2.07 REMIC Certificate Maturity Date..............................

• This Certificate represents beneficial ownership of an interest in each Related Exchangeable REMIC Certificate.

• Section 2.07 REMIC Certificate Maturity Date...............................

• The Securities Administrator shall make the first distribution on an Exchangeable Certificate or an Exchangeable REMIC Certificate received in an exchange transaction on the Distribution Date in the month following the month of the exchange to the Certificateholder of record as of the close of business on the last day of the month of the exchange.

More Definitions of REMIC Certificate

REMIC Certificate. Any Certificate, other than a Class R Certificate.

REMIC Certificate means any certificates issued by or on behalf of any REMIC formed by the Borrower or any of its Subsidiaries representing an interest in a mortgage portfolio held by or on behalf of such REMIC.

REMIC Certificate. Individually and collectively, the Class R-1 Certificates or the Class R-2 Certificates.

REMIC Certificate. A Xxxxxx Mae Guaranteed REMIC Pass-Through Certificate, in the case of the Group 1, Group 2, Group 3 and Group 4 Classes, issued in book-entry form and maintained in the name of a record owner as an entry on the books of a Reserve Bank under a designation specifying the Class and denomination thereof; and, in the case of the Residual Certificates, issued in fully registered, certificated form as authorized by this Trust Agreement. The term “REMIC Certificate” does not include the Lower Tier Regular Interests or the Middle Tier Regular Interests.

REMIC Certificate means a certificate issued by or on behalf of any REMIC formed by the Borrower or any Subsidiary representing an interest in a mortgage loan portfolio held by or on behalf of such REMIC.

REMIC Certificate. Any Certificate of the Group 2 Classes.

REMIC Certificate. Any of a REMIC I Certificate, REMIC II Certificate, REMIC III Certificate or REMIC IV Certificate.