REMIC Components definition

REMIC Components. Each of the X-A1 Component, the X-A2 Component, Component XB1, Component XB2 and Component XB3.
Sample 1Sample 2Sample 3
REMIC Components. Each of the Pool 1 REMIC NAS Component, the Pool 2 REMIC NAS Component, the Pool 1 REMIC Companion Component, the Pool 2 REMIC Companion Component, Component XB1, Component XB2 and Component XB3.
Sample 1Sample 2Sample 3

Examples of REMIC Components in a sentence

  • For federal income tax purposes, the Pass-Through Rate on each REMIC Regular Interest (other than the UTS REMIC Components and the Uncertificated Class C Interest) and on the sole class of residual interest in the Upper Tier REMIC shall be subject to a cap equal to the Net Rate.

  • For federal income tax purposes, the Pass-Through Rate on each REMIC Regular Interest (other than the UTS REMIC Components, the Uncertificated Class C Interest, the Class B-3 Certificates and the Class B-4 Certificates) and on the sole class of residual interest in the Upper Tier REMIC shall be subject to a cap equal to the Net Rate and the Pass-Through Rate on the Class B-3 Certificates and Class B-4 Certificates shall be subject to a cap equal to the Net WAC.

  • For federal income tax purposes, the interest rate on each REMIC Regular Interest (other than the UTS REMIC Components, the Uncertificated Class C Interest and the Class X Certificates) and on the sole class of Residual Interest shall be subject to a cap equal to the Adjusted Net Rate.

  • For federal income tax purposes, the Pass-Through Rate on each REMIC Regular Interest (other than the UTS REMIC Components, the Uncertificated Class C Interest and the Class B-4 Certificates) and on the sole class of residual interest in the Upper Tier REMIC shall be subject to a cap equal to the Net Rate and the Pass-Through Rate on the Class B-4 Certificates shall be subject to a cap equal to the Net WAC.

  • It has a storage capacity of 12.69 ac-ft and is lined with 40 mil HDPE.

Related to REMIC Components

  • Bearing components means the bearing element, retainer, inner race, or outer race.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Class C Component The Component having such designation.

  • Accrual Components As specified in the Preliminary Statement.

  • Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data.

  • Class A-S Component The Component having such designation.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Components means articles, materials, and supplies incorporated directly into end products at any level of manufacture, fabrication, or assembly by the Contractor or any subcontractor.

  • Class D Component The Component having such designation.

  • Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Removed Components means components of the Project or portions thereof which the Company or any Sponsor Affiliate in its sole discretion, elects to remove from the Project pursuant to Section 4.04 hereof or as a result of any Condemnation Event.

  • Class B Component The Component having such designation.

  • REMIC 4 The segregated pool of assets consisting of the Class C Interest conveyed in trust to the Trustee, for the benefit of the Holders of the Class C Certificates and the Class R-X Certificates (in respect of the Class R-4 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Class A-1 Component The Component having such designation.

  • Class E Component The Component having such designation.

  • Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.

  • Certified components means components of X-ray systems which are subject to regulations promulgated under Public Law 90-602, the “Radiation Control for Health and Safety Act of 1968,” the Food and Drug Administration.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • REMIC 3 The segregated pool of assets consisting of all of the REMIC 2 Regular Interests conveyed in trust to the Trustee, for the benefit of the Holders of the Regular Certificates and the Class R Certificate (in respect of the Class R-3 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

  • Activated reserve components means members of the reserve component of the uniformed services who have received a notice of intent to deploy or mobilize under Title 10 of the United States Code, Title 32 of the United States Code, or state mobilization to active duty.

  • REMIC 2 As described in the Preliminary Statement.

  • Blood component means that part of blood separated by physical or mechanical means.

  • REMIC 2 Regular Interests One of the separate non-certificated beneficial ownership interests in REMIC 2 issued hereunder and designated as a Regular Interest in REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related Uncertificated REMIC 2 Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The following is a list of each of the REMIC 2 Regular Interests: REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTA1, REMIC 2 Regular Interest LTA2, REMIC 2 Regular Interest LTA3, REMIC 2 Regular Interest LTA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10, REMIC 2 Regular Interest LTZZ, REMIC 2 Regular Interest LTP and REMIC 2 Regular Interest LTIO.

  • Class A-2 Component The Component having such designation.