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 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-MPO Interest, Class B-M1 Interest, Class B-M2 Interest, Class B-M3 Interest, Class B-M4 Interest, Class B-M5 Interest and Class B-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-LP Interest and Class IV-LS Interest as classes of "regular interests" 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 March 25, 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)

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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 Class I-A-PO R and Class I-A-R LR Certificates), each Component ) 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-M2 L5 Interest, Class I-A-M5 L7 Interest, Class I-A-M7 L8 Interest, Class I-A-M12 L20 Interest, Class I-A-M17 L22 Interest, Class I-A-MPO L23 Interest, Class II-A-L1 Interest, Class I-A-MUR LPO Interest, Class II-A-M1 LPO Interest, Class I-A-LUR Interest, Class I-B-L1 Interest, Class I-B-L2 Interest, Class I-B-L3 Interest, Class I-B-L4 Interest, Class I-B-L5 Interest, Class I-B-L6 Interest, Class II-AB-M3 L1 Interest, Class II-A-MPO Interest, Class III-A-M1 Interest, Class III-A-MPO Interest, Class IV-A-M1 Interest, Class IV-A-MPO Interest, Class B-M1 Interest, Class B-M2 Interest, Class B-M3 Interest, Class B-M4 Interest, Class B-M5 Interest and Class B-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 L2 Interest, Class II-L B-L3 Interest, Class II-LP B-L4 Interest, Class II-LS Interest, Class IIIB-L Interest, Class III-LP Interest, Class III-LS Interest, Class IV-L Interest, Class IV-LP L5 Interest and Class IVII-LS B-L6 Interest as classes of "regular interests" and 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 March April 25, 2036 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 Class A-PO and Class I-A-R the Residual 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-M2 L8 Interest, Class I-A-M5 L10 Interest, Class I-A-M7 L14 Interest, Class I-A-M12 LPO Interest, Class I-A-M17 Interest, Class I-A-MPO Interest, Class I-A-MUR LUR Interest, Class II-A-M1 L1 Interest, Class II-A-M3 Interest, Class II-A-MPO LPO Interest, Class III-A-M1 L1 Interest, Class III-A-MPO LPO Interest, Class IVCr-AB-M1 L1 Interest, Class IVCr-AB-MPO L2 Interest, Class Cr-B-M1 L3 Interest, Class Cr-B-M2 L4 Interest, Class Cr-B-M3 L5 Interest, Class Cr-B-M4 Interest, Class B-M5 Interest and Class B-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 L6 Interest, Class III-L B-L1 Interest, Class III-LP B-L2 Interest, Class III-LS B-L3 Interest, Class IVIII-L B-L4 Interest, Class IVIII-LP B-L5 Interest and Class IVIII-LS B-L6 Interest as classes of "regular interests" 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 March 25, 2036 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)

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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 Class I-A-R Certificatesthe Residual Certificate), each Component 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-M2 LPO Interest, Class I-A-M5 LUR Interest, the Class III-A-M7 L2 Interest, the Class III-A-M12 Interest, Class I-A-M17 Interest, Class I-A-MPO Interest, Class I-A-MUR L3 Interest, Class II-A-M1 LPO Interest, the Class IIIII-A-M3 Interest, Class II-A-MPO L1 Interest, Class III-A-M1 LPO Interest, the Class IIIIV-A-MPO L1 Interest, Class IV-A-M1 LPO Interest, Class I-B-L1 Interest, Class I-B-L2 Interest, Class I-B-L3 Interest, Class I-B-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, 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-A-MPO Interest, Class B-M1 Interest, Class B-M2 Interest, Class B-M3 Interest, Class B-M4 Interest, Class B-M5 Interest and Class B-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 L1 Interest, Class IV-L B-L2 Interest, Class IV-LP B-L3 Interest, Class IV-B-L4 Interest, Class IV-B-L5 Interest and Class IV-LS B-L6 Interest as classes of "regular interests" 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 March February 25, 2036 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)

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