Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable Certificates), the IO Components, the Class 3-A-1 Interest and the Classes of Subordinate Certificates as "regular interests" and the Class UR 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 (i) the Uncertificated Intermediate Lower-Tier Interests as classes of "regular interests" and the Class ILR Interest as the single class of "residual interest" in the Intermediate Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 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.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Banc of America Funding 2006-6 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class X-PO, Class 1-ACB-R, R and Class 31-A-1, Class 30CB-IO and Exchangeable LR Certificates), the IO Components, the Class 3-A-1 Interest ) and the Classes of Subordinate Class 30-B Certificates, the Claxxxx of Class 15-B Certificates and each Component as "regular interests" and the Class UR Interest 1-CB-R 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 hereby further designates (i) the Uncertificated Intermediate Lower-Tier Interests as classes of "regular interests" and the Class ILR Interest as the single class of "residual interest" in the Intermediate Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-CB-LR Interest Certificate as the single class of "residual interest" in the LowerLowxx-Tier Xxer REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-10), Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-9)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class CB-PO, Class 15-PO and Class 1-ACB-R, Class 3-A-1, Class 30-IO and Exchangeable R Certificates), the IO Components, the Class 3-A-1 Interest and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Tixx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
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Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class 15-IO, Class A-PO and Class 1-ACB-R, Class 3-A-1, Class 30-IO and Exchangeable R Certificates), the IO Components, the Class 3-A-1 Interest ) and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR X-X 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.
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Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 34-A-15, Class 4-A-16, Class 5-A-1, Class 305-A-2, Class 5-A-3, Class X-IO and Exchangeable Class X-PO Certificates), the IO Components, the Class 3-A-1 Interest Components and the Classes of Subordinate Certificates as "regular interests" and the Class UR 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 (i) the Uncertificated Intermediate Lower-Tier Interests as classes of "regular interests" and the Class ILR Interest as the single class of "residual interest" in the Intermediate Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-3 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class X-IO and Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable R Certificates), the IO Components, the Class 3-A-1 Interest ) and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Tixx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Exchangeable Certificates and the Class 1X-APO and Class CB-R, Class 3-A-1, Class 30-IO and Exchangeable R Certificates), the IO Components, the Class 3-A-1 Interest and the Classes of Subordinate Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Xxxr REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust 2006-6)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 12-A-R, Class 31-A-5, Class 4-A-1, Class 305-A-3, Class X-IO and Exchangeable Class X-PO Certificates), the IO Components, the Class 3-A-1 Interest Components and the Classes of Subordinate Certificates as "regular interests" and the Class UR 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 (i) the Uncertificated Intermediate Lower-Tier Interests as classes of "regular interests" and the Class ILR Interest as the single class of "residual interest" in the Intermediate Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively ) and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-2 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 12-A-R, Class 3-A-1, Class 30-IO and Exchangeable Class 30-PO Certificates), the IO Components, the Class 3-A-1 Interest Components and the Classes of Subordinate Certificates as "regular interests" and the Class UR 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR MR Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-7 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-1, Class 1-A-7, Class 1-A-13, Class 2-A-R, Class 3-A-1, Class 30-IO and Exchangeable Class 30-PO Certificates), the IO ComponentsClass 1-A-1 Interest, the Class 31-A-1 Interest A-7 Interest, the Class 1-A-13 Interest, the Components and the Classes of Subordinate Certificates as "regular interests" and the Class UR 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 (i) the Uncertificated Intermediate Lower-Tier Interests as classes of "regular interests" and the Class ILR Interest as the single class of "residual interest" in the Intermediate Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-5 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 3-A-1, Class 30X-IO and Exchangeable Class 15-PO Certificates), the IO Components, the Class 3-A-1 Interest ) and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Tixx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1CB-A-RIO, Class 3CB-A-1, PO and Class 30CB-IO and Exchangeable R Certificates), the IO Components, the Class 3-A-1 Interest ) and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Tixx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable Class 30-PO Certificates), the IO Components, the Class 3-A-1 Interest Components and the Classes of Subordinate Certificates as "regular interests" and the Class UR 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR MR Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding 2005-8 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Exchangeable Certificates and the Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable CertificatesR Certificate), the IO Components, the Class 3-A-1 Interest and the Classes of Subordinate Certificates as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Xxxr REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Mortgage 2007-4 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable Certificates), the IO Components, the Class 3-A-1 Interest Group 3 Certificates and the Classes of Subordinate Certificates Residual Certificate) as "regular interests" and the Class 1-UR 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 Group 3 Certificates (iother than the Class 3-A-3 and Class 3-P Certificates) and the Uncertificated Intermediate Lower-Tier Interests Components as classes of "regular interests" and the Class ILR 3-UR Interest as the single class of "residual interest" in the Intermediate LowerGroup 3 Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and respectively. The Depositor hereby further designates (iii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-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; and (ii) the Uncertificated Group 3 Lower-Tier Interests as classes of "regular interests" and the Class 3-LR Interest as the single class of "residual interest" in the Group 3 Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Exchangeable Certificates and the Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable Certificates), the IO Components, the Class 3-A-1 Interest R Certificate) and the Classes of Subordinate Certificates as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Xxxr REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Mortgage 2007-3 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 380-A-1, IO and Class 30-IO and Exchangeable PO Certificates), the IO Components, the Class 3-A-1 Interest Components and the Classes of Subordinate Certificates as "regular interests" and the Class UR 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR MR Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-6 Trust)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-RCB-1, Class 31-A-1CB-5, Class 301-IO CB-6, Class CB-IO, Class X-IO, Class CB-PO, Class X-PO and Exchangeable Class 1-CB-R Certificates), the IO ComponentsUncertificated Upper-Tier Interests, the Class 3-A-1 Interest and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Tixx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1CB-IO, Class CB-PO, Class 5-A-R, Class 3-A-1, Class 3015-IO and Exchangeable Class 15-PO Certificates), the IO Components, the Class 3-A-1 Interest and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Xxxr REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust 2006-2)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Exchangeable Certificates and the Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable Certificates), the IO Components, the Class 3-A-1 Interest R Certificate) and the Classes of Subordinate Certificates as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerClass 1-Tier Interests A-L1 Interest, Class 1-A-LUR Interest and Class 1-B-L1 Interest as the classes of "regular interests" and the Class ILR Interest 1-A-LR interest as the single class of "residual interest" in the Intermediate 1-A Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated LowerClass 2-Tier Interests A-L2 Interest, Class 2-A-LIO Interest, Class 2-A-LPO Interest and Class 2-B-L1 Interest as the classes of "regular interests" and the Class 2-A-LR Interest interest as the single class of "residual interest" in the 2-A Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (National City Mortgage Capital Trust 2008-1)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 3-A-1, Class 30-IO R Certificate and Exchangeable Certificates), other than the IO Components, right of the Class 32-A-1 Interest A-6 Certificates to receive the Yield Maintenance Agreement Payments) and the Classes of Subordinate Certificates as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Xxxr REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust 2007-2)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1CB-IO, Class A-R, PO and Class 3CB-A-1, Class 30-IO and Exchangeable R Certificates), the IO Components, the Class 3-A-1 Interest ) and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Tixx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R, Class 3-A-1, Class 30-IO Exchangeable Certificates and Exchangeable Certificates), the IO Components, the Class 3-A-1 Interest A-R Certificate and other than the right of the Class 3-A-11 and Class 3-A-16 Certificates to receive the Yield Maintenance Agreement Payments), the Classes of Subordinate Certificates as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR X-X 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust 2007-1)
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Exchangeable Certificates and the Class 1-A-R, Class 3-A-1, Class 30-IO and Exchangeable Certificates), the IO Components, the Class 3-A-1 Interest R Certificate) and the Classes of Subordinate Certificates as "regular interests" and the Class UR R-U 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 (i) the Uncertificated Intermediate LowerMiddle-Tier Interests as classes of "regular interests" and the Class ILR R-M Interest as the single class of "residual interest" in the Intermediate LowerMiddle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR R-L Interest as the single class of "residual interest" in the Lower-Tier Txxx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Mortgage 2008-a Trust)