REMIC II Certificates definition

REMIC II Certificates. The REMIC II Regular Certificates and the Class R-II Certificates.

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REMIC II Certificates. Any of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-P, Class A-V, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates.

REMIC II Certificates. Any Class of Certificates (other than the Class R-I Certificates).

Examples of REMIC II Certificates in a sentence

The Trustee acknowledges receipt of the REMIC I Regular Interests (which are uncertificated) and the other assets of REMIC II and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC II Certificates.
The Trustee acknowledges the assignment to it of the REMIC I Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Holders of the REMIC II Certificates.
Notwithstanding any contrary provision of this Agreement, the Trustee shall not consent to any amendment to this Agreement unless it shall have first received an Opinion of Counsel to the effect that such amendment will not cause either REMIC I or REMIC II of the Trust Fund to fail to qualify as a REMIC at any time that any REMIC I Regular Interests or REMIC II Certificates are outstanding.
The Depositor, as of the Closing Date, and concurrently with the execution and delivery of this Agreement, does hereby assign without recourse all the right, title and interest of the Depositor in and to the REMIC I Regular Interests to the Trustee for the benefit of the respective Holders of the REMIC II Certificates.
If the Servicer is indemnified for such taxes pursuant to this Section 4.7(a), such amount shall be first charged against amounts otherwise distributable to the Holders of Component R-1 of the Class R Certificate (or, if the tax relates to REMIC II, Component R-2 of the Class R Certificate) on a pro rata basis, then against amounts otherwise distributable with respect to the REMIC I Regular Interests (or, if the tax relates to REMIC II, to the Holders of the REMIC II Certificates) on a pro rata basis.

More Definitions of REMIC II Certificates

REMIC II Certificates. As defined in Section 2.07.

REMIC II Certificates. Any of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-P, Class A-V, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates. Scheduled Final Distribution Date: April 25, 2018.

REMIC II Certificates. The Group I Senior Certificates, Group II Senior Certificates, Class P Certificates and Subordinate Certificates.

REMIC II Certificates. The Class R-II Certificates. REMIC II II-A-V Regular Interests: The 357 uncertificated partial undivided beneficial ownership interests in the Trust Fund, each relating to a Group II Loan with a Net Mortgage Rate in excess of 4.75%, each having no principal balance and each bearing interest at the respective Uncertificated Pass-Through Rate on the respective Uncertificated Notional Amount.

REMIC II Certificates. Any of the Class SA, Class SP, Class A-1, Class A-2, Class P, Class B, Class SB and Class R-II Certificates.

REMIC II Certificates. Any of the Class CB-I-1, Class CB-I-2, Class NB-II-1, Class NB-II-2, Class CB-III, Class NB-IV-1, Class NB-IV-2, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R Certificates (component 2 of which represents the sole class of residual interests in REMIC II).

REMIC II Certificates. Any Trust Certificate, other than a Class R-I Certificate.