REMIC I Interests definition

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

REMIC I Interests means, collectively, the REMIC I Regular Interests and the Class R-I Certificates.

REMIC I Interests means, collectively, the REMIC I Regular Interests and the REMIC I Residual Interest.

Examples of REMIC I Interests in a sentence

• Such elections will be made on Form 1066 or other appropriate federal tax or information return or any appropriate state return for the taxable year ending on the last day of the calendar year in which the REMIC I Interests are issued.

• Such election will be made on Form 1066 or other appropriate federal tax or information return or any appropriate state return for the taxable year ending on the last day of the calendar year in which the REMIC I Interests are issued.

• The Trustee and the Certificate Administrator shall not permit the creation of any “interests” (within the meaning of Section 860G of the Code) in any of the REMIC Pools other than the REMIC I Interests, the REMIC II Interests and the REMIC III Interests.

• The Trustee acknowledges receipt of such assets and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC I Interests.

• REMIC I shall issue the several classes of uncertificated REMIC I Interests set out below.

More Definitions of REMIC I Interests

REMIC I Interests. The interests issued by the Trust that represent the Regular Interests in REMIC I.

REMIC I Interests. As defined in Section 9.16(b) and described in Section 9.16.

REMIC I Interests. The REMIC I Regular Interests and Component I of the Class R-1 Certificates.

REMIC I Interests. As defined in Section 2.09 hereof.

REMIC I Interests. The REMIC I Regular Interests and the Class R-I Interest.

REMIC I Interests. The REMIC I Regular Interests and the Class R-1 Certificates. REMIC I Marker Allocation Percentage: 50% of any amount payable or loss allocable from the Mortgage Loans, which shall be allocated to REMIC I Regular Interest AA, REMIC I Regular Interest ZZ and each REMIC I Regular Interest for which a REMIC II Regular Interest is a Corresponding Interest.

REMIC I Interests. The interests designated as regular interests in REMIC I, which shall consist of, with respect to each Mortgage Loan or Separate Loan Advance, as the case may be, an interest having an initial Certificate Balance equal to the Scheduled Principal Amount of the related Mortgage Loan as of the Cut-off Date and a Pass-Through Rate equal to the REMIC I Net Mortgage Rate of the related Mortgage Loan, and the Transferable Servicing Interest.