Examples of REMIC I Assets in a sentence
The REMIC I Regular Interests and the Class R-1 Residual Interest shall together be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.
The REMIC I Regular Interests and the Class R-1 Residual Interest shall together be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Business Trust Statute.
The segregated pool of assets of the Trust consisting of the REMIC I Assets.
In connection therewith, as of the Closing Date, in exchange for the REMIC I Assets, the Trustee on behalf of the Trust shall cause to be authenticated and delivered, upon and pursuant to the order of the Company, the Certificates in Authorized Denominations.
The Trustee hereby acknowledges and accepts on behalf of the Trust the assignment to the Trust of the REMIC I Assets and declares that as of the Closing Date it holds and shall hold any documents constituting a part of the REMIC I Assets, and the REMIC I Assets, as Trustee in trust, upon the trust herein set forth, for the use and benefit of all present and future Holders of the Certificates.