Uncertificated Interests definition

Uncertificated Interests. The LT-A-R Interest.
Uncertificated Interests. The LT1-A-R, LT2-A-R and Class MT1-A-R Interests.
Uncertificated Interests. The Uncertificated VRR Interest and the Uncertificated 111RR Interest, collectively.

Examples of Uncertificated Interests in a sentence

  • The Lower-Tier REMIC will hold the Mortgage Loans and will issue the Class LA1, Class LA2, Class LA3, Class LAS, Class LB, Class LC, Class LD, Class LERR, Class LFRR, Class LGRR, Class LHRR, Class LJRR and Class LKRR Uncertificated Interests (the “Lower-Tier Regular Interests”), which will evidence the “regular interests” in the Lower-Tier REMIC created hereunder.

  • If within one year after the second notice any Trust Certificate or Uncertificated Interest shall not have been surrendered for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining Trust Certificateholders or Uncertificated Interest Owners, as applicable, concerning surrender of their Trust Certificates or Uncertificated Interests, as applicable.


More Definitions of Uncertificated Interests

Uncertificated Interests. The Uncertificated VRR Interest and any Loan-Specific Uncertificated Interests. For the avoidance of doubt, no Uncertificated Interests shall be issued hereunder, and any references to “Uncertificated Interest” or “Uncertificated Interests” shall be disregarded.
Uncertificated Interests. For avoidance of doubt, (i) no Uncertificated VRR Interest will be issued under this Agreement, (ii) no Trust Subordinate Companion Loans will be included in the Trust Fund, and accordingly no Uncertificated Interests shall relate to a Trust Subordinate Companion Loan and any references to an Uncertificated Interest relating to a Trust Subordinate Companion Loan shall be disregarded, and (iii) accordingly, no Uncertificated Interest will be issued under this Agreement, and any references to “Uncertificated Interest” in this Agreement shall be disregarded.
Uncertificated Interests has the meaning set forth in Section 2.08(a).
Uncertificated Interests. The [ ] Interests.
Uncertificated Interests. The LT1-A-R Interest, the LT2-A-R Interests and the LT3-A-R Interest.

Related to Uncertificated Interests

  • Class LB Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Class LC Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Class LD Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.