SWAP REMIC Interests definition

SWAP REMIC Interests. Each of the interests in the SWAP REMIC as set forth in the Preliminary Statement.
SWAP REMIC Interests. Any one of the classes of SWAP REMIC Interests described in the Preliminary Statement hereto.
SWAP REMIC Interests. Each of the interests in the SWAP REMIC as set forth in Section 2.04.

Examples of SWAP REMIC Interests in a sentence

  • Each of the SWAP REMIC Interests other than the Class SW-R Interest.

  • The SWAP REMIC shall hold as assets all property of the Trust Fund, other than the SWAP REMIC Interests, the Lower-Tier REMIC Interests and the assets described in clauses (ii), (iii) and (iv) above.

  • The SWAP REMIC shall hold as assets all property of the Trust Fund related to Mortgage Pool II, other than the SWAP REMIC Interests, the Lower-Tier II REMIC Interests and the assets described in clauses (ii) and (iii) above.

  • The SWAP REMIC shall hold as assets all property of the Trust Fund related to Mortgage Pool 1 other than the SWAP REMIC Interests, the Lower-Tier I REMIC Interests and the assets described in clauses (ii), (iii) and (iv) above.


More Definitions of SWAP REMIC Interests

SWAP REMIC Interests. Not applicable.
SWAP REMIC Interests. Each of the interests in the SWAP REMIC as set forth in the Preliminary Statement. SWAP REMIC Regular Interests: Each of the SWAP REMIC Interests other than the Class SWR Interest.