Upper Tier REMIC Regular Interest definition

Upper Tier REMIC Regular Interest. As described in the Preliminary Statement.

Upper Tier REMIC Regular Interest. Each of the REMIC Components, the Upper Tier REMIC Class A-1 Interest, the Upper Tier REMIC Class A-2 Interest, the Upper-Tier REMIC Class B-1 Interest, the Upper-Tier Class B-2 Interest, the Upper Tier REMIC Class B-3 Interest, the Class B-4 Certificates, the Class B-5 Certificates and the Class B-6 Certificates.

Upper Tier REMIC Regular Interest. Each of the Class I-A Certificates, the Class II-A Certificates, the Class III-A Certificates, the Class IV-A Certificates, the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3 Certificates, the Class B-1 Certificates, the Class B-2 Certificates and the Class B-3 Certificates.

Examples of Upper Tier REMIC Regular Interest in a sentence

• The Securities Administrator shall allocate the issue price for a Class of Certificates among the respective components for purposes of determining the issue price of the Upper Tier REMIC Regular Interest component based on information received from the Depositor.

• The Trustee shall allocate the issue price for a Class of Certificates among the respective components for purposes of determining the issue price of each Upper Tier REMIC Regular Interest component based on information received from the Depositor.

• For each Class of LIBOR Certificates and the Interest-Only Certificates, each Class of Upper Tier REMIC Regular Interest and each class of Lower Tier Interest, the per annum rate set forth or calculated in the manner described in the Preliminary Statement.

• Accordingly, each Class of Certificates (excluding the Class X, Class P and Class R Certificates) will be comprised of two components – an Upper Tier REMIC Regular Interest and an interest in a notional principal contract, and the Class X Certificates will be comprised of two components – an Upper Tier REMIC Regular Interest and an interest in the Excess Reserve Fund Account, subject to obligation to pay Basis Risk Carryover Amounts.

• The Securities Administrator shall allocate the issue price for a Class of Certificates among the respective components for purposes of determining the issue price of the [Upper Tier] REMIC Regular Interest component based on information received from the Depositor.

More Definitions of Upper Tier REMIC Regular Interest

Upper Tier REMIC Regular Interest. Any of the REMIC regular interests in the Upper-Tier REMIC represented by the Class 1-A-1 Certificates, Class 1-A-2 Certificates, Class 2-A-1 Certificates, Class 3-A-1 Certificates, Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates, Class B Certificates and Class X Certificates as described in the Preliminary Statement and Section 2.07.

Upper Tier REMIC Regular Interest. Each Class of Senior Certificates (other than the Class A-R Certificates) and Subordinate Certificates.

Upper Tier REMIC Regular Interest. Any of the Regular Certificates, other than, in the case of the Class 6-A-1 Certificates, the right to receive Group 6 Basis Risk Carry Forward Amounts, and in the case of the Class 6-A-X Certificates, ownership of the Group 6 Basis Risk Account, each as described in the Preliminary Statement and Section 2.06.

Upper Tier REMIC Regular Interest. Any of the REMIC regular interests in the Upper-Tier REMIC represented by the Class 1-A-1 Certificates, Class 1-A-2 Certificates, Class 1-A-3 Certificates, Class 1-A-4 Certificates, Class 1-A-5 Certificates, Class 1-A-6 Certificates, Class 2-A-1 Certificates, Class 2-A-2 Certificates, Class 2-A-3A Certificates, Class 2-A-3B Certificates, Class M-1 Certificates, Class M-2 Certificates, Class B-1 Certificates, Class B-2 Certificates and Class X Certificates, as described in the Preliminary Statement and Section 2.06.

Upper Tier REMIC Regular Interest. The Upper-Tier REMIC Regular Interests set forth in the applicable table in the Preliminary Statement.

Upper Tier REMIC Regular Interest. As defined in the definition of "Corresponding Class."

Upper Tier REMIC Regular Interest. As described in the Preliminary Statement.] U.S. Person: (i) A citizen or resident of the United States; (ii) a corporation (or entity treated as a corporation for tax purposes) created or organized in the United States or under the laws of the United States or of any State thereof, including, for this purpose, the District of Columbia; (iii) a partnership (or entity treated as a partnership for tax purposes) organized in the United States or under the laws of the United States or of any State thereof, including, for this purpose, the District of Columbia (unless provided otherwise by future Treasury regulations); (iv) an estate whose income is includible in gross income for United States income tax purposes regardless of its source; or (v) a trust, if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more U.S. Persons have authority to control substantial decisions of the trust. Notwithstanding the last clause of the preceding sentence, to the extent provided in Treasury regulations, certain trusts in existence on August 20, 1996, and treated as U.S. Persons prior to such date, may elect to continue to be U.S. Persons.