REMIC Certificates definition
Examples of REMIC Certificates in a sentence
The Trust Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates.
The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of ▇▇▇▇▇▇ ▇▇▇ and the rights of the REMIC Certificateholders under the Trust Agreement at any time by ▇▇▇▇▇▇ Mae with the consent of the Holders of REMIC Certificates of each Class having Certificate Balances aggregating not less than 66% of the Class Balance of such Class.
The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of ▇▇▇▇▇▇ Mae and the rights of the REMIC Certificateholders under the Trust Agreement at any time by ▇▇▇▇▇▇ ▇▇▇ with the consent of the Holders of REMIC Certificates of each Class having Certificate Balances aggregating not less than 66% of the Class Balance of such Class.
In the event that there shall be any matter arising under the REMIC Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificates shall vote such Underlying REMIC Certificates in such amounts and proportions as shall reflect instructions received from Holders of Certificates of the related Class or Classes.
In the event that there shall be any matter arising under the REMIC Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificates shall not vote such Underlying REMIC Certificates except upon direction to do so from Holders of Certificates of the related Class or Classes.