Common use of Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date Clause in Contracts

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor hereby designates the Classes of Class A Certificates (other than the Residual Certificate) and the Classes of Class B Certificates as classes of "regular interests" and the Class I-A-R Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-A-M1 Interest, Class I-A-MUR Interest, Class II-A-M1 Interest, Class III-A-M1 Interest, Class IV-A-M1 Interest, Class V-A-M1 Interest, Class B-M1 Interest, Class B-M2 Interest, Class B-M3 Interest, Class B-M4 Interest, Class B-M5 Interest, Class B-M6 Interest, Class B-M7 Interest and Class B-M8 Interest as classes of "regular interests" and the Class I-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, Class II-LS Interest, Class III-L Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LS Interest, Class V-L Interest and Class V-LS Interest as classes of "regular interests" xnd the Class I-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July 25, 2037 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa4 Trust)

AutoNDA by SimpleDocs

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor hereby designates the Classes of Class A Certificates (other than Class A-PO and the Residual Certificate) Certificates), each Component and the Classes of Class B Certificates as classes of "regular interests" and the Class I-A-R Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-A-M1 L1 Interest, Class I-A-MUR L8 Interest, Class I-A-L10 Interest, Class I-A-L14 Interest, Class I-A-LPO Interest, Class I-A-LUR Interest, Class II-A-M1 L1 Interest, Class II-A-LPO Interest, Class III-A-M1 L1 Interest, Class IVIII-A-M1 LPO Interest, Class VCr-AB-M1 L1 Interest, Class Cr-B-M1 L2 Interest, Class Cr-B-M2 L3 Interest, Class Cr-B-M3 L4 Interest, Class Cr-B-M4 L5 Interest, Class Cr-B-M5 L6 Interest, Class III-B-M6 L1 Interest, Class III-B-M7 L2 Interest, Class III-B-L3 Interest, Class III-B-L4 Interest, Class III-B-L5 Interest and Class III-B-M8 L6 Interest as classes of "regular interests" and the Class I-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, Class II-LS Interest, Class III-L Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LS Interest, Class V-L Interest and Class V-LS Interest as classes of "regular interests" xnd the Class I-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July March 25, 2037 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-2 Trust)

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor Seller hereby designates the Classes of Class A Certificates (other than the Residual CertificateClass I-A-R and Class I-A-LR Certificates) and the Classes of Class B Certificates as classes of "regular interests" and the Class I-A-R Interest Certificate as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor Seller hereby further designates the Class I-A-M1 L1 Interest, Class I-A-MUR L5 Interest, Class I-A-L7 Interest, Class I-A-L8 Interest, Class I-A-L20 Interest, Class I-A-L22 Interest, Class I-A-L23 Interest, Class II-A-M1 L1 Interest, Class IIII-A-M1 LPO Interest, Class IVII-A-M1 LPO Interest, Class VI-A-M1 LUR Interest, Class I-B-M1 L1 Interest, Class I-B-M2 L2 Interest, Class I-B-M3 L3 Interest, Class I-B-M4 L4 Interest, Class I-B-M5 L5 Interest, Class I-B-M6 L6 Interest, Class II-B-M7 L1 Interest, Class II-B-L2 Interest, Class II-B-L3 Interest, Class II-B-L4 Interest, Class II-B-L5 Interest and Class II-B-M8 L6 Interest as classes of "regular interests" and the Class I-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, Class II-LS Interest, Class III-L Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LS Interest, Class V-L Interest and Class V-LS Interest as classes of "regular interests" xnd the Class I-A-LR Interest Certificate as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July April 25, 2037 2033 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp Mort Pas THR Cert Ser 03 3)

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor hereby designates the Classes of Class A Certificates (other than the Exchangeable Certificates, the Class A-PO Certificates and the Residual Certificate) ), the Components and the Classes of Class B Certificates as classes of "regular interests" and the Class I-A-R Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-A-M1 L2 Interest, Class I-A-MUR LPO Interest, Class I-A-LUR Interest, the Class II-A-L2 Interest, the Class II-A-L3 Interest, Class II-A-M1 LPO Interest, the Class III-A-L1 Interest, Class III-A-M1 LPO Interest, the Class IV-A-L1 Interest, Class IV-A-M1 LPO Interest, Class VI-AB-M1 L1 Interest, Class I-B-M1 L2 Interest, Class I-B-M2 L3 Interest, Class I-B-M3 L4 Interest, Class I-B-M4 L5 Interest, Class I-B-M5 L6 Interest, Class II-B-M6 L1 Interest, Class II-B-M7 L2 Interest, Class II-B-L3 Interest, Class II-B-L4 Interest, Class II-B-L5 Interest, Class II-B-L6 Interest, Class III-B-L1 Interest, Class III-B-L2 Interest, Class III-B-L3 Interest, Class III-B-L4 Interest, Class III-B-L5 Interest, Class III-B-L6 Interest, Class IV-B-L1 Interest, Class IV-B-L2 Interest, Class IV-B-L3 Interest, Class IV-B-L4 Interest, Class IV-B-L5 Interest and Class IV-B-M8 L6 Interest as classes of "regular interests" and the Class I-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, Class II-LS Interest, Class III-L Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LS Interest, Class V-L Interest and Class V-LS Interest as classes of "regular interests" xnd the Class I-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July February 25, 2037 2038 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008 -1 Trust)

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor hereby designates the Classes of Class A Certificates (other than the Exchangeable Ceritifcates, the Class A-PO Certificates and the Residual Certificate) Certificates), each Component and the Classes of Class B Certificates as classes of "regular interests" and the Class I-A-R Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-A-M1 L1 Interest, Class I-A-MUR L3 Interest, Class I-A-L7 Interest, Class I-A-L9 Interest, Class I-A-L10 Interest, Class I-A-L12 Interest, Class I-A-L15 Interest, Class I-A-LPO Interest, Class I-A-LUR Interest, Class II-A-M1 L2 Interest, Class II-A-LPO Interest, Class III-A-M1 L1 Interest, Class IVIII-A-M1 LPO Interest, Class VCr-AB-M1 L1 Interest, Class Cr-B-M1 L2 Interest, Class Cr-B-M2 L3 Interest, Class Cr-B-M3 L4 Interest, Class Cr-B-M4 L5 Interest, Class Cr-B-M5 L6 Interest, Class III-B-M6 L1 Interest, Class III-B-M7 L2 Interest, Class III-B-L3 Interest, Class III-B-L4 Interest, Class III-B-L5 Interest and Class III-B-M8 L6 Interest as classes of "regular interests" and the Class I-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, Class II-LS Interest, Class III-L Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LS Interest, Class V-L Interest and Class V-LS Interest as classes of "regular interests" xnd the Class I-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July April 25, 2037 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust)

AutoNDA by SimpleDocs

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor hereby designates the Classes of Class A Certificates (other than the Residual Certificate) Class A-PO and Class I-A-R Certificates), each Component and the Classes of Class B Certificates as classes of "regular interests" and the Class I-A-R Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-A-M1 Interest, Class I-A-M2 Interest, Class I-A-M5 Interest, Class I-A-M7 Interest, Class I-A-M12 Interest, Class I-A-M17 Interest, Class I-A-MPO Interest, Class I-A-MUR Interest, Class II-A-M1 Interest, Class II-A-M3 Interest, Class II-A-MPO Interest, Class III-A-M1 Interest, Class III-A-MPO Interest, Class IV-A-M1 Interest, Class IV-A-M1 Interest, Class V-A-M1 MPO Interest, Class B-M1 Interest, Class B-M2 Interest, Class B-M3 Interest, Class B-M4 Interest, Class B-M5 Interest, Class B-M6 Interest, Class B-M7 Interest and Class B-M8 M6 Interest as classes of "regular interests" and the Class I-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LP Interest, Class I-LS Interest, Class II-L Interest, Class II-LP Interest, Class II-LS Interest, Class III-L Interest, Class III-LP Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LS Interest, Class V-L LP Interest and Class VIV-LS Interest as classes of "regular interests" xnd and the Class I-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July March 25, 2037 2036 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-2 Trust)

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor hereby designates the Classes of Class A Certificates (other than the Class I-A-1 Certificates, the Class A-PO Certificates, the Exchangeable Certificates and the Residual Certificate) ), each Component, the Class I-A-1 Tax Components and the Classes of Class B Certificates as classes of "regular interests" and the Class III-A-R Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-A-M1 Interest, Class I-A-MUR MIO Interest, Class I-A-MPO Interest, Class II-A-M1 Interest, Class II-A-MIO Interest, Class II-A-MPO Interest, Class II-A-MUR Interest, Class III-A-M1 Interest, Class III-A-MIO Interest, Class III-A-MPO Interest, Class IV-A-M1 Interest, Class IV-A-MIO Interest, Class IV-A-MPO Interest, Class V-A-M1 Interest, Class V-A-M1 MIO Interest, Class V-A-MPO Interest, Class B-M1 Interest, Class B-M2 Interest, Class B-M3 Interest, Class B-M4 Interest, Class B-M5 Interest, Class B-M6 Interest, Class B-M7 Interest and Class B-M8 M6 Interest as classes of "regular interests" and the Class III-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LIO Interest, Class I-LP Interest, Class I-LS Interest, Class II-L Interest, Class II-LIO Interest, Class II-LP Interest, Class II-LS Interest, Class III-L Interest, Class III-LIO Interest, Class III-LP Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LIO Interest, Class IV-LP Interest, Class IV-LS Interest, Class V-L Interest, Class V-LIO Interest, Class V-LP Interest and Class V-LS Interest LX Xnterest as classes of "regular interests" xnd and the Class III-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July June 25, 2037 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa2 Trust)

Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date. The Depositor Seller hereby designates the Classes of Class A Certificates (other than the Residual CertificateClass I-A-R and Class I-A-LR Certificates) and the Classes of Class B Certificates as classes of "regular interests" and the Class I-A-R Interest Certificate as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor Seller hereby further designates the Class I-A-M1 L1 Interest, Class I-A-MUR L3 Interest, Class I-A-L4 Interest, Class I-A-L5 Interest, Class I-A-L8 Interest, Class I-A-L9 Interest, Class II-A-M1 L1 Interest, Class IIIII-A-M1 L2 Interest, Class IVII-A-M1 L3 Interest, Class VII-A-M1 L4 Interest, Class BI-M1 A-LPO Interest, Class BII-M2 A-LPO Interest, Class BI-M3 A-LUR Interest, Class I-B-M4 L1 Interest, Class I-B-M5 L2 Interest, Class I-B-M6 L3 Interest, Class I-B-M7 L4 Interest, Class I-B-L5 Interest, Class I-B-L6 Interest, Class II-B-L1 Interest, Class II-B-L2 Interest, Class II-B-L3 Interest, Class II-B-L4 Interest, Class II-B-L5 Interest and Class II-B-M8 L6 Interest as classes of "regular interests" and the Class I-A-MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, Class II-LS Interest, Class III-L Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LS Interest, Class V-L Interest and Class V-LS Interest as classes of "regular interests" xnd the Class I-A-LR Interest Certificate as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC is July March 25, 2037 2033 for purposes of Code Section 860G(a)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2003-1 Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!