Common use of Designation of Startup Day of REMIC Clause in Contracts

Designation of Startup Day of REMIC. The Closing Date is hereby designated as the "start-up day" of each REMIC within the meaning of Section 860G(a)(9) of the Code.

Appears in 22 contracts

Samples: Custodial Agreement (Renaissance Mortgage Acceptance Corp), Custodial Agreement (Delta Funding Corp /De/), Custodial Agreement (Delta Funding Corp /De/)

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Designation of Startup Day of REMIC. The Closing Date is hereby designated as the "β€œstart-up day" ” of each REMIC within the meaning of Section 860G(a)(9) of the Code.

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Renaissance Mort Acc Corp Renaissance Home Eq Ln Tr 2004 1), Pooling and Servicing Agreement (Renaissance Mort Accept Corp Home Equity Ln as Bk Ce Se 03-3), Pooling and Servicing Agreement (Renaissance Home Equity Loan Tr Asset BKD Cer Series 2002-3)

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Designation of Startup Day of REMIC. The Closing Date is hereby designated as the "start-up day" of each the REMIC created hereunder within the meaning of Section 860G(a)(9) of the Code.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Avco Abs Receivables Corp)

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