Allocation of Voting Rights. Ninety-five percent of all Voting Rights will be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Series Supplement to Pooling and Servicing Agreement (RALI Series 2006-Qs10 Trust)
Allocation of Voting Rights. Ninety-five percent of all of the Voting Rights will of the Trust Fund shall be allocated among all Holders of the Certificates, Class A Certificates (other than the Interest Only Certificates Grantor Trust Certificates) and Class R M Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class AI-V AX Certificates, in accordance with their respective Percentage Interests; 0.51.0% of all Voting Rights shall be allocated among the Holders of the Class RII-I AX Certificates, in accordance with their respective Percentage Interests; and 0.51.0% of all Voting Rights shall be allocated among the Holders of Class SB Certificates, 1.0% of all Voting Rights shall be allocated among the Holders of Class P Certificates, and 1.0% of all of the Voting Rights shall be allocated to the Holders of each Class of the Class R-II I, Class R-II, Class R-III and Class R-X Certificates, ; in each case to be allocated among the Certificates of such Class in accordance with their respective Percentage Interests. 100% of the Voting Rights of the Underlying Certificates will be allocated to the related Grantor Trust Certificates. 100% of the Voting Rights of each Grantor Trust will be allocated among the Holders of the related Grantor Trust Certificates.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RALI Series 2006-Qo8 Trust)
Allocation of Voting Rights. Ninety-five two percent of all Voting Rights will be allocated among all Holders of the Certificatescertificates, other than the Interest Only Certificates and Class R Residual Certificates, in proportion to their then outstanding Certificate Principal Balances Balances, 1.0% of their respective all Voting Rights will be allocated among the Holders of the Class A-2 Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-3 Certificates, 1.0% of all Voting Rights will be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 A-9 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall will be allocated among the Holders of the Class A-V A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-16 Certificates, 1.0% of all Voting Rights will be allocated among the Holders of the Variable Strip Certificates and 0.5% and 0.5% of all Voting Rights shall will be allocated among the Holders of the Class R-I Certificates and Class R-II Certificates, respectively, in proportion to the Percentage Interests evidenced by their respective Certificates. Voting Rights of Exchangeable Certificates will be allocated among Exchanged Certificates exchanged for such Exchangeable Certificates, pro rata, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II CertificatesCertificate Principal Balances or Notional Amounts, in accordance with their respective Percentage Interestsas applicable.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RALI Series 2007 QS9 Trust)
Allocation of Voting Rights. Ninety-five percent 0% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Class A Certificates and Class R M Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V SB Certificates, in accordance with their respective Percentage Interests; 0.50.20% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.50.20% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.; 0.20% of all Voting Rights shall be allocated among the Holders of the Class R-III Certificates, in accordance with their respective Percentage Interests; 0.20% of all Voting Rights shall be allocated among the Holders of the Class R-IV Certificates, in accordance with their respective Percentage Interests; and 0.20% of all Voting Rights shall be allocated among the Holders of the Class R-X Certificates, in accordance with their respective Percentage Interests. 121
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust)
Allocation of Voting Rights. Ninety-five percent 94% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.01% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 A-8 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-14 A-10 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-15 Certificates, in accordance with their respective Percentage Interests; 1% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Allocation of Voting Rights. Ninety-five percent of all Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Residual Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, II-A-5 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class I-A-V Certificates, Certificates in accordance with their respective Percentage Interests; 0.51.0% of all Voting Rights shall be allocated among the Holders of the Class II-A-V Certificates; and 0.25%, 0.25%, 0.25% and 0.25% of all Voting Rights shall be allocated among the Holders of the Class R-I I, Class R-II, Class R-III and Class R-IV Certificates, respectively, in accordance with their respective Percentage Interests; and 0.5% . Notwithstanding the foregoing, so long as there does not exist a failure by the Certificate Insurer to make a required payment under the Certificate Policy, the Insurer shall have the right to exercise all rights of all Voting Rights shall be allocated among the Holders of the Class R-II CertificatesInsured Certificates without any consent of such holders, in accordance and such Holders may exercise such rights only with their respective Percentage Intereststhe prior written consent of the Certificate Insurer.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I 2004-S4)
Allocation of Voting Rights. Ninety-five percent of all Voting Rights will be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-6 A-2 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 A-9 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 A-22 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Series Supplement to Pooling and Servicing Agreement (RALI Series 2006-Qs14 Trust)
Allocation of Voting Rights. Ninety-five percent 96% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates Class A-5, Class IO and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-V A-5 Certificates, in accordance with their respective Percentage Interests; , 1% of all Voting Rights shall be allocated among the Holders of the Class A-10 Certificates, in accordance with their respective Percentage Interests, 1% of all Voting Rights shall be allocated among the Holders of the Class IO Certificates, in accordance with their respective Percentage Interests, 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; , and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests. As long as the MBIA Policy is in effect and unless MBIA is in default under the MBIA Policy, MBIA shall be entitled to exercise all Voting Rights otherwise allocable to the Insured Certificates.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Allocation of Voting Rights. Ninety-five percent of all Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Residual Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, A-3 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-14 Certificates, A-12 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-18 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-27 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-28 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, Certificates in accordance with their respective Percentage Interests; and 0.5% and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; Certificates and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, respectively, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Allocation of Voting Rights. Ninety-five percent 94% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 A-2A Certificates, in accordance with their respective Percentage Interests; 1.01% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 A-3A Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-14 A-6A Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-9A Certificates, in accordance with their respective Percentage Interests; 1% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Allocation of Voting Rights. Ninety-five percent of all Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Residual Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, 1-A-2 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-14 Certificates, 2-A-2 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class 3-A-2 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class 4-A-2 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class 4-A-4 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class 4-A-6 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class 4-A-10 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, X-1 Certificates in accordance with their respective Percentage Interests; 0.51.0% of all Voting Rights shall be allocated among the Holders of the Class RA-I Certificates, X-2 Certificates in accordance with their respective Percentage Interests; and 0.5%, 0.5% and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I, Class R-II and Class R-III Certificates, respectively, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Allocation of Voting Rights. Ninety-five percent of all Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Residual Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, A-3A Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-14 Certificates, A-7 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-11 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, Certificates in accordance with their respective Percentage Interests; and 0.5% and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates and Class R-II Certificates, respectively, in accordance with their respective Percentage Interests; and 0.5% . Notwithstanding the foregoing, so long as there does not exist a failure by the Certificate Insurer to make a required payment under the Certificate Policy, the Insurer shall have the right to exercise all rights of all Voting Rights shall be allocated among the Holders of the Class R-II CertificatesInsured Certificates without any consent of such holders, in accordance and such Holders may exercise such rights only with their respective Percentage Intereststhe prior written consent of the Certificate Insurer.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Allocation of Voting Rights. Ninety-five percent 93% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 A-3 Certificates, in accordance with their respective Percentage Interests; 1.01% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 A-8 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-14 A-11 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-13 Certificates, in accordance with their respective Percentage Interests; 1% of all Voting Rights shall be allocated among the Holders of the Class A-15 Certificates, in accordance with their respective Percentage Interests; 1% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Allocation of Voting Rights. Ninety-five percent 96% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates Class A-6 and Class A-7, the Class IO and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-V A-7 Certificates, in accordance with their respective Percentage Interests; 0.5, 1% of all Voting Rights shall be allocated among the Holders of the Class IO Certificates, in accordance with their -133- respective Percentage Interests, 0.33% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5, 0.33% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests, and 0.34% of all Voting Rights shall be allocated among the Holders of the Class R-III Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asst Mort Prod Gmacm Mt Ps THR Certs Ser 2003-J9)
Allocation of Voting Rights. Ninety-five percent 0% of all Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Residual Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, A-3A Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-11 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-14 Certificates, Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, Certificates in accordance with their respective Percentage Interests; and 0.5% and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates and Class R-II Certificates, respectively, in accordance with their respective Percentage Interests; and 0.5% . Notwithstanding the foregoing, so long as there does not exist a failure by the Certificate Insurer to make a required payment under the Certificate Policy, the Insurer shall have the right to exercise all rights of all Voting Rights shall be allocated among the Holders of the Class R-II CertificatesInsured Certificates without any consent of such holders, in accordance and such Holders may exercise such rights only with their respective Percentage Intereststhe prior written consent of the Certificate Insurer.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Allocation of Voting Rights. Ninety-five percent of all the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all the Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, I-A-2 Certificates in accordance with their respective Percentage Interests; 1.0% of all voting rights will the Voting Rights shall be allocated among the Holders of the Class A-12 Certificates, I-A-6 Certificates in accordance with their respective Percentage Interests; 1.0% of the Voting Rights shall be allocated among the Holders of the Class I-A-9 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-14 I-A-V Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class II-A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-III Certificates, in accordance with their respective Percentage Interest.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RALI Series 2006-Qs3 Trust)
Allocation of Voting Rights. Ninety-five percent 95% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 A-3A Certificates, in accordance with their respective Percentage Interests; 1.01% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 A-4A Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-14 A-7A Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Allocation of Voting Rights. Ninety-five percent 95% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, except that the Certificate Insurer shall be assigned the Voting Rights of the Retail Certificateholders in accordance with each Class's Percentage Intereststhe absence of any continuing Certificate Insurer Default; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 A-5 Certificates, in accordance with their respective Percentage Interests; 1.01% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 A-10 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-14 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Allocation of Voting Rights. Ninety-five six percent of all Voting Rights will be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 A-2 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Series Supplement to Pooling and Servicing Agreement (RALI Series 2005-Qs16 Trust)
Allocation of Voting Rights. Ninety-five percent 95% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 A-4 Certificates, in accordance with their respective Percentage Interests; 1.01% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 A-9 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-14 A-11 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Allocation of Voting Rights. Ninety-five percent 96% of all of the Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, except that the Certificate Insurer shall be assigned the Voting Rights of the Insured Certificateholders in accordance with each Class's Percentage Intereststhe absence of any continuing Certificate Insurer Default; 1.01% of all Voting Rights will shall be allocated among the Holders of the Class A-6 A-2A Certificates, in accordance with their respective Percentage Interests; 1.01% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 A-9A Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, in accordance with their respective Percentage Interests; 1.01% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, in accordance with their respective Percentage Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Allocation of Voting Rights. Ninety-five percent of all Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Residual Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, in accordance with their respective Percentage Interests; 1.0% of all voting rights will be allocated among the Holders of the Class A-12 Certificates, in accordance with their respective Percentage Interests; 1.0% of all Voting Rights will be allocated among the Holders of the Class A-14 Certificates, I-A-8 Certificates in accordance with their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the Class I-A-V Certificates, Certificates in accordance with their respective Percentage Interests; 0.51.0% of all Voting Rights shall be allocated among the Holders of the Class II-A-V Certificates; and 0.25%, 0.25%, 0.25% and 0.25% of all Voting Rights shall be allocated among the Holders of the Class R-I I, Class R-II, Class R-III and Class R-IV Certificates, respectively, in accordance with their respective Percentage Interests; and 0.5% . Notwithstanding the foregoing, so long as there does not exist a failure by the Certificate Insurer to make a required payment under the Certificate Policy, the Insurer shall have the right to exercise all rights of all Voting Rights shall be allocated among the Holders of the Class R-II CertificatesInsured Certificates without any consent of such holders, in accordance and such Holders may exercise such rights only with their respective Percentage Intereststhe prior written consent of the Certificate Insurer.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Allocation of Voting Rights. Ninety-five percent of all Voting Rights will shall be allocated among all Holders of the Certificates, other than the Interest Only Certificates and Class R Certificates, in proportion to their then the outstanding Certificate Principal Balances of their respective Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-6 Certificates, A-9 Certificates in accordance with their respective Percentage Interests; , 1.0% of all voting rights will Voting Rights shall be allocated among the Holders of the Class A-12 Certificates, A-18 Certificates in accordance with their respective Percentage Interests; , 1.0% of all Voting Rights will shall be allocated among the Holders of the Class A-14 Certificates, A-19 Certificates in accordance with their respective Percentage Interests; , 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-20 Certificates in accordance with their respective Percentage Interests, 1.0% of all Voting Rights shall be allocated among the Holders of the Class A-V Certificates, Certificates in accordance with their respective Percentage Interests; and 0.5% and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I Certificates, in accordance with their respective Percentage Interests; Certificates and 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-II Certificates, respectively, in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)