Common use of Designation of Interests in the REMICs Clause in Contracts

Designation of Interests in the REMICs. The Securities Administrator hereby designates the Classes of Senior Certificates (other than the Class 30-IO, Class 30-PO, Class 1-A-R and Class 1-A-LR Certificates) and the Classes of Subordinate Certificates and each Component as "regular interests" and the Class 1-A-R Certificate as the sole class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Securities Administrator hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-A-LR Certificate as the sole 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. 2005-2 Trust)

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Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30CB-IO, Class 30-PO, Class 1-ACB-R and Class 1-ACB-LR Certificates) and the Classes of Subordinate Class B Certificates and each Component Coxxxxxnt as "regular interests" and the Class 1-ACB-R Certificate as the sole 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 Securities Administrator Depositor hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-ACB-LR Certificate as the sole 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 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-12)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30CB-IO, Class 3015-POIO, Class 1X-A-R PO and Class 1-ACB-LR R Certificates) and ), the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class 1R-A-R Certificate U Interest as the sole 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 Securities Administrator Depositor hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1R-A-LR Certificate L Interest as the sole 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

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust 2005-12)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30-IO, Class 30-PO, Class 1-A-R R, Class CB-IO and Class 1X-A-LR PO Certificates) ), the Components and the Classes of Subordinate Certificates and each Component as "regular interests" and the Class 1-A-R Certificate UR Interest as the sole 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 Securities Administrator Depositor hereby further designates (i) the Uncertificated Middle-Tier Interests as classes of "regular interests" and the Class MR Interest as the single class of "residual interest" in the Middle-Tier REMIC and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-A-LR Certificate Interest as the sole 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: Custodial Agreement (SunTrust Alternative Loan Trust, Series 2005-1f)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30A-PO, Class A-IO, Class 30-PO, Class 1-ACB-R and Class 1-ACB-LR Certificates) and the Classes of Subordinate Class B Certificates and each Component Coxxxxxnt as "regular interests" and the Class 1-ACB-R Certificate as the sole 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 Securities Administrator Depositor hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-ACB-LR Certificate as the sole 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 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-3)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30-IOA-1, Class 30-POA-3, Class 1-A-7, Class A-R and Exchangeable Certificates), the Class 1-A-LR Certificates) A-1, Class A-3 and Class A-7 Interests and the Classes of Subordinate Certificates and each Component as "regular interests" and the Class 1-A-R Certificate UR Interest as the sole 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 Securities Administrator Depositor hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-A-LR Certificate Interest as the sole 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 2006-4 Trust)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30X-IO, Class 30X-PO, PO and Class 1-ACB-R and Class 1-A-LR Certificates) and ), the Classes of Subordinate Certificates and each Component as "regular interests" and the Class 1R-A-R Certificate U Interest as the sole 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 Securities Administrator Depositor hereby further designates (i) the Uncertificated Middle-Tier Interests as classes of "regular interests" and the Class R-M Interest as the single class of "residual interest" in the Middle-Tier REMIC and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1R-A-LR Certificate L Interest as the sole 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 2006-5)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30CB-IO, Class 30CB-PO, Class 1-A-R PO and Class 1-ACB-LR R Certificates) and ), the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class 1R-A-R Certificate U Interest as the sole 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 Securities Administrator Depositor hereby further designates (i) the Uncertificated Middle-Tier Interests as classes of "regular interests" and the Class R-M Interest as the single class of "residual interest" in the Middle-Tier REMIC and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1R-A-LR Certificate L Interest as the sole 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 2006-3)

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Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30CB-IO, Class 30A-PO, Class 15-IO, Class 1-ACB-R and Class 1-AXX-LR XX Certificates) and the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class 1-ACB-R Certificate as the sole 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 Securities Administrator Depositor hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-AXX-LR XX Certificate as the sole 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 Mortgage Pass-Through Certificates Series 2005-2)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30CB-IO, Class 30CB-PO, PO and Class 1-A-R and Class 1-A-LR Certificates) and ), the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class 1R-A-R Certificate U Interest as the sole 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 Securities Administrator Depositor hereby further designates (i) the Uncertificated Middle-Tier Interests as classes of "regular interests" and the Class R-M Interest as the single class of "residual interest" in the Middle-Tier REMIC and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1R-A-LR Certificate L Interest as the sole 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 2006-4)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30CB-IO, Class 30CB-PO, Class 1-A-R PO and Class 1-ACB-LR R Certificates) and ), the Classes of Subordinate Class B Certificates and each Component as "regular interests" and the Class 1R-A-R Certificate U Interest as the sole 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 Securities Administrator Depositor hereby further designates (i) the Uncertificated Middle-Tier Interests as classes of "regular interests" and the Class R-M Interest as the single class of "residual interest" in the Middle-Tier REMIC and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1R-A-LR Certificate L Interest as the sole 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

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-11)

Designation of Interests in the REMICs. The Securities Administrator Depositor hereby designates the Classes of Senior Certificates (other than the Class 30X-IO, Class 30X-PO, PO and Class 1-A-R and Class 1-A-LR Certificates) and ), the Classes of Subordinate Certificates and each Component as "regular interests" and the Class 1R-A-R Certificate U Interest as the sole 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 Securities Administrator Depositor hereby further designates (i) the Uncertificated Middle-Tier Interests as classes of "regular interests" and the Class R-M Interest as the single class of "residual interest" in the Middle-Tier REMIC and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1R-A-LR Certificate L Interest as the sole 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 2006-8)

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