Appointment of Tax Matters Person. The Holders of the Class R Certificates hereby appoint the Seller to act, as their agent, as the Tax Matters Person for the REMIC Trust for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Appointment of Tax Matters Person. The Holders of the Class R Certificates hereby appoint the Seller Servicer to act, as their agent, as the Tax Matters Person for the each REMIC Trust created hereunder for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (American Business Financial Services Inc /De/), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Inc), Pooling and Servicing Agreement (American Business Financial Services Inc /De/)
Appointment of Tax Matters Person. The Holders Owner of the Class R Certificates hereby appoint the Seller to act, as their agent, Certificate shall act as the Tax Matters Person for the Upper-Tier REMIC Trust and the Owner of the Class RL Certificate shall act as the Tax Matters Person for the Lower-Tier REMIC. The Owners of the Class R and Class RL Certificates hereby appoint the Trustee as their agent for all purposes of the Code. The Tax Matters Person will Code to perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person for each REMIC under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters PersonCode.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Advanta Mortgage Conduit Services Inc), Pooling and Servicing Agreement (Advanta Mortgage Conduit Services Inc)
Appointment of Tax Matters Person. The Holders of the Class R Certificates hereby appoint the Unaffiliated Seller to act, as their agent, as the Tax Matters Person for the each REMIC Trust created hereunder for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Pooling and Servicing Agreement (American Business Financial Services Inc /De/)
Appointment of Tax Matters Person. The Holders of the Class R Certificates hereby appoint the Unaffiliated Seller to act, as their agent, as the Tax Matters Person for the REMIC Trust for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Appointment of Tax Matters Person. The Holders of the Class R Certificates hereby appoint the Seller Trustee to act, as their agent, act as the Tax Matters Person for the Trust 1A REMIC Trust for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Appointment of Tax Matters Person. The Holders of the Class R Certificates hereby appoint the Seller Depositor to act, as their agent, as the Tax Matters Person for the REMIC Trust for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Appointment of Tax Matters Person. The Holders of the Class R Certificates hereby appoint the Seller Trustee to act, as their agent, act as the Tax Matters Person for the 199_ - _ REMIC Trust for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv)