Uncertificated Regular Interests definition

Uncertificated Regular Interests. The REMIC I Regular Interests and the REMIC II Regular Interests.
Uncertificated Regular Interests. The REMIC I Regular Interests, the REMIC II Regular Interests, the REMIC III Regular Interest SB-I-PO, the REMIC III Regular Interest SB-II-PO, the REMIC III Regular Interest SB-I-IO and the REMIC III Regular Interest SB-II-IO.
Uncertificated Regular Interests. The REMIC I Regular Interests. Underwriter: Countrywide Securities Corporation.

Examples of Uncertificated Regular Interests in a sentence

  • Further, it is not intended that any such conveyance be deemed to be a pledge of the Mortgage Loans and the Uncertificated Regular Interests by the Depositor to the Trustee to secure a debt or other obligation of the Depositor.

  • The purchase of all the Lower Tier REMIC 1 Uncertificated Regular Interests.

  • The Lower Tier REMIC 1 Uncertificated Regular Interests may only be transferred in whole and not in part to no more than one LTURI-holder at a time who is either (1) an affiliate of the Master Servicer or (2) a trustee of a privately placed securitization.

  • If any payment required to be made on the Certificates or Lower Tier REMIC 1 Uncertificated Regular Interests is to be made on a day that is not a Business Day, then such payment will be made on the next succeeding Business Day.

  • A registration book shall be maintained for the Certificates (and Lower Tier REMIC 1 Uncertificated Regular Interests, as the case may be) collectively.


More Definitions of Uncertificated Regular Interests

Uncertificated Regular Interests. The REMIC I Regular Interests, the REMIC II Regular Interests, the REMIC III Regular Interest SB-IO and the REMIC III Regular Interest SB-PO. Underwriters: Deutsche Bank Securities Inc. and GMAC RFC Securities. Undercollateralization Amount: Initially equal to approximately $2,999,986. With respect to any Payment Date, the amount, if any, by which the aggregate Security Balance of the Class II Notes on such Payment Date exceeds the Pool Balance of the Group II Loans as of the last day of the related Collection Period (after application of Net Principal Collections or Principal Collections, as the case may be, for such date).
Uncertificated Regular Interests. The Uncertificated Lower-Tier Interests and the Uncertificated Centreville Square Interests.
Uncertificated Regular Interests. The REMIC I Regular Interests and REMIC II Regular Interest SB-IO and REMIC II Regular Interest SB-PO. Underwriters: Credit Suisse Securities (USA) LLC, Residential Funding Securities Corporation, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. Undercollateralization Amount: Initially equal to approximxxxxx $700,007. With respect to any Payment Date, the amount, if any, by which the aggregate Security Balance of the Class II Notes on such Payment Date exceeds the Pool Balance of the Group II Loans as of the last day of the related Collection Period (after application of Net Principal Collections or Principal Collections, as the case may be, for such date).
Uncertificated Regular Interests means any of the REMIC I Regular Interests, REMIC II Regular Interests and REMIC III Regular Interests.
Uncertificated Regular Interests. The REMIC I Regular Interests and the REMIC II Regular Interests. Uncertificated REMIC I Pass-Through Rate With respect to each REMIC I Regular Interest ending with the designation "A," a per annum rate equal to the weighted average Net Mortgage Rate of the Mortgage Loans multiplied by two (2), subject to a maximum rate of double the fixed swap rate. With respect to each REMIC I Regular Interest ending with the designation "B," the greater of (x) a per annum rate equal to the excess, if any, of (i) 2 multiplied by the weighted average Net Mortgage Rate of the Mortgage Loans over (ii) double the fixed swap rate and (y) 0.00000%. With respect to REMIC I Regular Interest A-I, the weighted average Net Mortgage Rate of the Mortgage Loans.
Uncertificated Regular Interests. The REMIC I Regular Interests and the REMIC II Regular Interests. Underwriters: Deutsche Bank Securities Inc. and Residential Funding Securities Corporation. Undercollateralization Amount: Initially equal to approximately $2,374,763. With respect to any Payment Date, the amount, if any, by which the aggregate Security Balance of the Class II Notes on such Payment Date exceeds the Pool Balance of the Group II Loans as of the last day of the related Collection Period (after application of Net Principal Collections or Principal Collections, as the case may be, for such date).
Uncertificated Regular Interests. The REMIC I Regular Interests. UNDERWRITER: Countrywide Securities Corporation.