Examples of Uncertificated Notional Amount in a sentence
The following table sets forth the designation, the REMIC II Remittance Rate and the initial Uncertificated Principal Balance for each of the REMIC II Regular Interests (except in the case of the Class X-Y REMIC II Regular Interest, with respect to which the initial Uncertificated Notional Amount is set forth).
The following table sets forth the designation, the REMIC II Remittance Rate and the initial Uncertificated Principal Balance for each of the REMIC II Regular Interests (except in the case of REMIC II Regular Interest X-Y, with respect to which the initial Uncertificated Notional Amount is set forth).
Interest shall be payable to each REMIC II Regular Interest at the related REMIC II Pass-Through Rate on each such REMIC II Regular Interest’s Uncertificated Principal Balance or Uncertificated Notional Amount.
For federal income tax purposes, the Class II-X Certificates will have a Notional Amount equal to the Uncertificated Notional Amount of REMIC IV Regular Interest II-X.
For federal income tax purposes, the Class II-2X Certificates will have a Notional Amount equal to the Uncertificated Notional Amount of REMIC II Regular Interest II-X.