Examples of REMIC III Certificate in a sentence
The Pass-through Rate on each MTF Regular Interest other than the MT-FM Regular Interest and the MT-FIO Regular Interest shall equal weighted average rate payable on the LT-A0X, XX-X0X, XX-A3F, LT-A4F, LT-A5F, LT-A6F, LT-M1F, LT-M2F and LT-B1F Regular Interests; provided, however, that prior to calculating such weighted average rate each such LTF Regular Interest shall be subject to a cap equal to the Pass-Through Rate on the Corollary REMIC III Certificate with respect to such LTF Regular Interest.
The Pass-through Rate on each MTA Regular Interest other than the MT-AM Regular Interest and the MT-AIO Regular Interest shall equal the weighted average rate payable on the LT- 120 126 A1A and LT-A2A Regular Interests; provided, however, that prior to calculating such weighted average rate each such LTA Regular Interest shall be subject to a cap equal to the Pass-Through Rate on the Corollary REMIC III Certificate with respect to such LTA Regular Interest.
The Pass-through Rate on each MTA Regular Interest other than the MT-AM Regular Interest and the MT-AIO Regular Interest shall equal the weighted average rate payable on the LT-A1A and LT-A2A Regular Interests; provided, however, that prior to calculating such weighted average rate each such LTA Regular Interest shall be subject to a cap equal to the Pass-Through Rate on the Corollary REMIC III Certificate with respect to such LTA Regular Interest.
However, any payment from the Offered Certificates and the Class M-6 Certificates of a Class IO Distribution Amount shall be treated for tax purposes as having been received by the Holders of such Certificates in respect of the REMIC III Certificate ownership of which is represented by such Certificates, and as having been paid by such Holders to the Supplemental Interest Trust pursuant to the notional principal contract.