REMIC IV Regular Interests definition
Examples of REMIC IV Regular Interests in a sentence
The REMIC IV Regular Interests shall be designated as the Regular Interests in REMIC IV and the R-IV interest shall be designated as the Residual Interest in REMIC IV.
The REMIC IV Regular Interests shall constitute the assets of REMIC V (the “Master REMIC”).
On the Startup Day, the REMIC IV Regular Interests will be designated "regular interests" in such REMIC.
The REMIC IV Regular Interests will be the "regular interests" in REMIC IV, ownership of which will be represented by the Class SB Certificates, and the Class R-X Certificates will represent the sole class of "residual interests" in REMIC IV for purposes of the REMIC Provisions under federal income tax law.
The REMIC IV Regular Interests and the Class R-4 Residual Interest shall together be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC IV Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.