Uncertificated REMIC definition

Uncertificated REMIC. I Regular Interest A-5 Distribution Amount........................... 43 Uncertificated REMIC I Regular Interest A-6 Distribution Amount........................... 43

Uncertificated REMIC. I Regular Interest X...............................................................38 Uncertificated REMIC I Regular Interest Y...............................................................38

Uncertificated REMIC. I IO Regular Interest Distribution Amount......37 Uncertificated REMIC I Regular Interest X Distribution Amount.......37 Uncertificated REMIC I Regular Interest Y Distribution Amount....

Examples of Uncertificated REMIC in a sentence

• If the REMIC Administrator makes two or more separate REMIC elections, the applicable REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the related Uncertificated REMIC Regular Interests and the last distribution due on the Certificates is made.

• Any Subclass so issued shall bear a numerical designation commencing with Class A-V-1 and continuing sequentially thereafter, and will evidence ownership of the Uncertificated REMIC Regular Interest or Interests specified in writing by such initial Holder to the Trustee.

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

• The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests").

• The following table irrevocably sets forth the designation, the Uncertificated REMIC I Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC I Regular Interests (as defined herein).

More Definitions of Uncertificated REMIC

Uncertificated REMIC. I Regular Interest Y Distribution Amount....

Uncertificated REMIC. 1 Regular Interest LTA-III Distribution Amount: With respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC 1 Regular Interest LTA- III for such Distribution Date pursuant to Section 4.08(a).

Uncertificated REMIC. 2 Regular Interest MTPO-II Distribution Amount: With respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC 2 Regular Interest MTPO-II for such Distribution Date pursuant to Section 4.09(a).

Uncertificated REMIC. 1 Regular Interest LTA1 Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTA2 Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTA4 Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTIO Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTMB Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTP Distribution Amount ...... 37 Uncertificated REMIC 1 Regular Interest LTPO Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTR2 Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest Distribution Amounts .........

Uncertificated REMIC. 1 Regular Interest LTMB Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTP Distribution Amount ...... 37 Uncertificated REMIC 1 Regular Interest LTPO Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest LTR2 Distribution Amount ..... 37 Uncertificated REMIC 1 Regular Interest Distribution Amounts .........

Uncertificated REMIC. II A-IO-2 Regular Interests: The 1,158 uncertificated partial undivided beneficial ownership interests in REMIC II, relating to each Non-Discount Mortgage Loan in the Group VI Loans, Group VII Loans, Group VIII Loans and Group IX Loans, each relating to a particular Non-Discount Mortgage Loan identified on the related Mortgage Loan Schedule, each having no principal balance, and each bearing interest at the related Uncertificated Pass-Through Rate on the related Uncertificated Notional Amount.

Uncertificated REMIC. I Regular Interests Y Principal Balance. . . . . . 31 Uncertificated REMIC I Regular Interests Z Principal Balance. . . . . . 31 Uncertificated REMIC I Regular Interests. . . . . . . . . . . . . . . . 31 Uncertificated REMIC I Regular Interests X Distribution Amount. . . . . 31 Uncertificated REMIC I Regular Interests Y Distribution Amount. . . . . 31 Uncertificated REMIC I Regular Interests Z Distribution Amount. . . . . 31