REMIC I Assets definition

REMIC I Assets. All of the Mortgage Pool Assets.
REMIC I Assets. All of the Mortgage Pool Assets other than (i) the Yield Maintenance Agreement and any proceeds thereof and (ii) the Assigned Prepayment Premiums.
REMIC I Assets set forth in Section 1.01 of the Pooling Agreement is hereby amended and restated to read as follows:

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.


More Definitions of REMIC I Assets

REMIC I Assets. All of the Mortgage Pool Assets other than the Excess Yield Amount, if any, for each Mortgage Loan."
REMIC I Assets. All of the Mortgage Pool Assets other than the Assigned Prepayment Premiums.
REMIC I Assets. The Group 1 Loans, the Group 2 Loans and all other Mortgage Pool Assets to the extent related to the Group 1 Loans or the Group 2 Loans.
REMIC I Assets. The Mortgage Pool Assets, other than the Assigned Prepayment Premiums for Loan Group 1 and Loan Group 2.
REMIC I Assets. All of the Mortgage Pool Assets, other than (i) the Assigned Prepayment Premiums and (ii) the Class C-PPP Reserve Fund.
REMIC I Assets. All of the Mortgage Pool Assets other than the Certificate Insurance Policy and the Class I-A-6 Reserve Fund.
REMIC I Assets. All of the Mortgage Pool Assets other than the Yield Maintenance Agreements, the Certificate Insurance Policy, the Class 1-A-6 Reserve Fund and any proceeds thereof.