Examples of Uncertificated Notional Amount in a sentence
With respect to REMIC VI Regular Interest IO, an amount equal to the Uncertificated Notional Amount of the Class IO Interest.
For federal income tax purposes, the Class X-S Certificates will not have a Class Principal Balance, but will have a notional amount equal to the Uncertificated Notional Amount of REMIC 2 Regular Interest MTI-S.
REMIC II Regular Interest MT-IO: A regular interest that is held as an asset of REMIC II that has an initial notional amount equal to the related Uncertificated Notional Amount, that bears interest at the related Uncertificated REMIC II Pass-Through Rate, and that has such other terms as are described herein.
Notional Amount: With respectto theClass A-IOCertificates,immediately prior to any DistributionDate,an amountequal to the Uncertificated Notional Amount of REMIC II Regular Interest MT-IO.
Traders post buy/bid or sell/ask orders for an asset of the market to a LOB.