Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions. (b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April 15, 2029. (c) The latest possible maturity dates of the Pool I, Pool II, Pool III and Pool IV Certificates and the Class X Certificates are as follows: Latest Possible Latest Possible CLASS MATURITY CLASS MATURITY AF-1 July 15, 2006 MV-2 April 15, 2029 AF-2 April 15, 2010 BV April 15, 2029 AF-3 November 15, 2021 AH-1 July 15, 2008 AF-4 September 15, 2024 AH-2 October 15, 2010 AF-5 December 15, 2038 AH-3 March 15, 2017 AF-6 December 15, 0000 XX-0 Xxxxx 15, 2024 AF-7 December 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 April 15, 2027 AMF April 15, 2029 (d) The Servicer, at the direction xx xxx Xxxxxxxxxxx, xxxxx xxxuire and retain a 0.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer. (e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (TMS Mortgage Inc), Pooling and Servicing Agreement (Money Store Home Equity Corp)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April May 15, 20292023.
(c) The latest possible maturity dates of the Pool IClass A, Pool II, Pool III Class M and Pool IV Certificates and the Class X B Certificates are as follows: Latest Possible Latest Possible CLASS LATEST POSSIBLE MATURITY CLASS MATURITY AF-1 DATE Class A-1 June 15, 2005 Class A-2 July 15, 2006 MV-2 April 15, 2029 AF-2 April 15, 2010 BV April 15, 2029 AF-3 2011 Class A-3 November 15, 2021 AH-1 July 15, 2008 AF-4 September 15, 2024 AH-2 October 15, 2010 AF-5 December 15, 2038 AH-3 March 2013 Class M-1 May 15, 2017 AF-6 December Class M-2 May 15, 0000 XX-0 Xxxxx 2023 Class B-1 June 15, 2024 AF-7 December 2020 Class B-2 May 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 April 15, 2027 AMF April 15, 20292023
(d) The ServicerServicex, at the direction xx xxx xxxxxxxxx xx xxx Xxxxxxxxxxx, xxxxx xxxuire shall acquire and retain a 0.01.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Home Equity Corp)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 A Certificates are hereby designated as the "regular interests" in the REMIC I and the Trust Fund. The Class R-1 R Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II Trust Fund for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each the REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April 15, 2029.
(c) The latest possible maturity dates of the Pool I, Pool II, Pool III and Pool IV Certificates and the Class X A Certificates are as follows: Latest Possible Latest Possible CLASS LATEST POSSIBLE MATURITY CLASS MATURITY AF-1 DATE Class A-1 September 15, 2008 Class A-2 February 15, 2010 Class A-3 December 15, 2016 Class A-4 June 15, 2021 Class A-5 September 15, 2018 Class A-6 May 15, 2024 Class A-7 December 15, 2027 Class A-8 July 15, 2006 MV-2 April 2024 Class A-9 December 15, 2029 AF-2 April 2027 Class A-10 October 15, 2006 Class A-11 August 15, 2010 BV April 15, 2029 AF-3 November 15, 2021 AH-1 Class A-12 July 15, 2008 AF-4 2013 Class A-13 September 15, 2024 AH-2 October 15, 2010 AF-5 2015 Class A-14 December 15, 2038 AH-3 March 15, 2017 AF-6 2022 Class A-15 December 15, 0000 XX-0 Xxxxx 15, 2024 AF-7 December 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 April 15, 2027 AMF April 15, 20292027
(dx) The ServicerXxx Xxxxxxxx, at the direction xx xxx xxxxxxxxx xx xxx Xxxxxxxxxxx, xxxxx xxxuire xxxxxre and retain a 0.01.01% Percentage Interest in each Class of the Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of the REMIC I and REMIC II Trust Fund be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Trust 1996-C)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April August 15, 20292039.
(c) The latest possible maturity dates of the Pool I, Pool II, II and Pool III and Pool IV Certificates and the Class X Certificates are as follows: Latest Possible Latest Possible CLASS MATURITY CLASS Class MATURITY AF-1 July February 15, 2006 MV-2 April 15, 2029 AF-2 April 15, 2010 BV April 15, 2029 AF-3 November 15, 2021 AH-1 July 15, 2008 2009 AF-2 June 15, 2010 AH-2 January 15, 2011 AF-3 August 15, 2017 XX-0 Xxxxx 00, 2015 AF-4 June 15, 2021 XX-0 Xxx 00, 2017 AF-5 September 15, 2024 AH-2 October 2023 AH-5 May 15, 2010 AF-5 December 2019 AF-6 July 15, 2038 AH-3 March 15, 2017 AF-6 December 15, 0000 2026 XX-0 Xxxxx Xxxxxxxx 15, 2024 AF-7 December August 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 2039 MH-1 Febrxxxx 00, 0000 XX-0 Xxxxxxx Xxx 00, 0006 BH March 0000 MH-2 February 15, 2024 MV-1 April AF-9 August 15, 2027 AMF April 2039 BH February 15, 20292024 AV August 15, 2029 X Auguxx 00, 0000
(dx) The ServicerXxx Xxxxx Xxxxxxxxxxxxx, at the direction xx xxx xxxxxxxxx xx xxx Xxxxxxxxxxx, xxxxx xxxuire xxxxl acquire and retain at least a 0.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Home Equity Corp)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April January 15, 20292039.
(c) The latest possible maturity dates of the Pool I, Pool II, Pool III and Pool IV Certificates and the Class X Certificates are as follows: Latest Possible Latest Possible CLASS MATURITY CLASS MATURITY Class Possible Class Maturity Maturity AF-1 July 15, 2006 MV-2 April 15, 2029 AF-2 April 15, 2010 BV April 15, 2029 AF-3 November 15, 2021 AH-1 July 15, 2008 AF-4 September 15, 2024 AH-2 October 15, 2010 AF-5 December 15, 2038 AH-3 2003 AH-1 March 15, 2017 AF-6 December 15, 0000 XX-0 Xxxxx 15, 2024 AF-7 December 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 2003 AF-2 Xxx 00, 0000 XX-0 Xxxxxxx March 15, 2007 AF-3 Xxxxxx 00, 0006 0000 XX-0 January 15, 2010 AF-0 Xxxxxx 00, 0000 XX-0 March 15, 2012 AF-5 Xxxx 00, 0000 XX-0 February 15, 2015 AF-6 February 15, 2025 AH-6 August 15, 2015 AF-7 January 15, 2039 MH-1 September 15, 2018 AF-8 January 15, 2039 MH-2 February 15, 2024 AV May 15, 2026 BH March February 15, 2024 MV-1 April February 15, 2027 AMF April January 15, 2029 MV-2 January 15, 2029 X January 15, 2039 BV January 15, 2029
(d) The Servicer, at the direction xx xxx Xxxxxxxxxxxof the Originators, xxxxx xxxuire shall acquire and retain a 0.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April 15, 20292028.
(c) The latest possible maturity dates of the Pool I, Pool II, Pool III and Pool IV Certificates and the Class X A Certificates are as follows: Class Latest Possible Latest Possible CLASS MATURITY CLASS MATURITY AF-1 July Maturity Date Class A-1 December 15, 2006 MV-2 2005 Class A-2 December 15, 2009 Class A-3 April 15, 2029 AF-2 2012 Class A-4 March 15, 2016 Class A-5 January 15, 2018 Class A-6 October 15, 2021 Class A-7 November 15, 2024 Class A-8 May 15, 2028 Class A-9 May 15, 2028 Class A-10 May 15, 2025 Class A-11 April 15, 2010 BV 2028 Class A-12 April 15, 2029 AF-3 November 15, 2021 AH-1 July 15, 2008 AF-4 September 15, 2024 AH-2 October 15, 2010 AF-5 December 15, 2038 AH-3 March 15, 2017 AF-6 December 15, 0000 XX-0 Xxxxx 15, 2024 AF-7 December 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 April 15, 2027 AMF April 15, 20292028
(d) The ServicerXxx Xxxxxxxx, at the direction xx xxx Xxxxxxxxxxxxxxxxxxxx xx xxx Xxxxxxxxors, xxxxx xxxuire shall acquire and retain a 0.01.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Home Equity Corp)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April August 15, 20292028.
(c) The latest possible maturity dates of the Pool IClass A, Pool II, Pool III Class M and Pool IV Certificates and the Class X B Certificates are as follows: Class Latest Possible Latest Possible CLASS MATURITY CLASS MATURITY AF-1 July 15, 2006 MV-2 April 15, 2029 AF-2 April 15, 2010 BV April 15, 2029 AF-3 November 15, 2021 AH-1 Maturity Date Class A-1 July 15, 2008 AF-4 September 15, 2024 AH-2 Class A-2 October 15, 2010 AF-5 December 15, 2038 AH-3 2013 Class A-3 March 15, 2017 AF-6 December 2016 Class M-1 February 15, 0000 XX-0 Xxxxx 2020 Class M-2 August 15, 2024 AF-7 December 2028 Class B August 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 April 15, 2027 AMF April 15, 20292028
(d) The Servicer, at the direction xx xxx Xxxxxxxxxxxof the Originators, xxxxx xxxuire shall acquire and retain a 0.01.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Home Equity Corp)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular Regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual Residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular Regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual Residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April 15, 20292028.
(c) The latest possible maturity dates of the Pool I, Pool II, Pool III and Pool IV Certificates and the Class X A Certificates are as follows: Latest Possible Latest Possible CLASS LATEST POSSIBLE MATURITY CLASS MATURITY AF-1 DATE Class A-1 March 15, 2004 Class A-2 November 15, 2009 Class A-3 July 15, 2006 MV-2 April 2012 Class A-4 January 15, 2029 AF-2 April 15, 2010 BV April 15, 2029 AF-3 November 2017 Class A-5 July 15, 2021 AH-1 July 15, 2008 AF-4 Class A-6 September 15, 2024 AH-2 October 15, 2010 AF-5 December Class A-7 July 15, 2038 AH-3 March Class A-8 July 15, 2017 AF-6 December 2038 Class A-9 August 15, 0000 XX-0 Xxxxx 2028 Class A-10 August 15, 2024 AF-7 December 2028 Class A-11 July 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 April 15, 2027 AMF April 15, 20292020
(dx) The ServicerXxx Xxxxxxxx, at the direction xx xxx Xxxxxxxxxxxxxxxxxxxx xf the Originators, xxxxx xxxuire shall acquire and retain a 0.01.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Home Equity Corp)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April 15, 20292039.
(c) The latest possible maturity dates of the Pool I, Pool II, II and Pool III and Pool IV Certificates and the Class X Certificates are as follows: Latest Possible Latest Possible CLASS MATURITY CLASS MATURITY Class Maturity Class Maturity AF-1 July December 15, 2006 MV-2 April 2007 AV June 15, 2029 AF-2 April March 15, 2010 BV April 15, 2029 AF-3 November 15, 2021 2012 AH-1 July 15, 2008 AF-4 2007 AF-3 September 15, 2024 AH-2 October 2016 XX-0 Xxxx 00, 0000 XX-0 March 15, 2010 2020 AH-3 August 15, 2012 AF-5 December 15, 2038 AH-3 March 2023 AH-4 October 15, 2017 2015 AF-6 December 15, 0000 XX-0 Xxxxx 2025 AH-5 May 15, 2024 AF-7 December April 15, 0000 XX-0 Xxxxx 2039 MH-1 May 15, 2024 AV-1 October AF-8 May 15, 0000 XX-0 2010 MH-2 May 15, 2024 AF-9 April 15, 2039 BH May 15, 2024 X Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 April 15, 2027 AMF April 15, 20290000
(dx) The Servicer, at the direction xx xxx Xxxxxxxxxxxof the Originators, xxxxx xxxuire shall acquire and retain a 0.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Home Equity Corp)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April 15, 20292028.
(c) The latest possible maturity dates of the Pool I, Pool II, Pool III and Pool IV Certificates and the Class X A Certificates are as follows: Latest Possible Latest Possible CLASS LATEST POSSIBLE MATURITY CLASS MATURITY AF-1 DATE Class A-1 June 15, 2003 Class A-2 December 15, 2008 Class A-3 November 15, 2011 Class A-4 July 15, 2006 MV-2 2015 Class A-5 March 15, 2018 Class A-6 June 15, 2021 Class A-7 April 15, 2029 AF-2 2025 Class A-8 April 15, 2010 BV 2028 Class A-9 April 15, 2029 AF-3 November 2028 Class A-10 April 15, 2021 AH-1 July 2028 Class A-11 August 15, 2008 AF-4 2007 Class A-12 May 15, 2011 Class A-13 September 15, 2024 AH-2 2014 Class A-14 October 15, 2010 AF-5 December 15, 2038 AH-3 March 15, 2017 AF-6 December 15, 0000 XX-0 Xxxxx 15, 2024 AF-7 December 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March 15, 2024 MV-1 2016 Class A-15 April 15, 2027 AMF April 2023 Class A-16 January 15, 20292028
(dx) The ServicerXxx Xxxxxxxx, at the direction xx xxx xxxxxxxxx xx xxx Xxxxxxxxxxx, xxxxx xxxuire acquire and retain a 0.01.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Trust 1996-D)
Designations under REMIC Provisions; Designation of Startup Day. (a) As of the Startup Day, all Classes of Certificates except for the Class R-1 and Class R-2 Certificates are hereby designated as the "regular interests" in REMIC I and the Class R-1 Certificates are designated the single class of "residual interests" in REMIC I for the purposes of the REMIC Provisions. As of the Startup Day, the REMIC II Regular Certificates are hereby designated as the "regular interests" in REMIC II and the Class R-2 Certificates are designated the single class of "residual interests" in REMIC II for the purposes of the REMIC Provisions.
(b) The Closing Date is hereby designated as the "Startup Day" of each REMIC within the meaning of Section 860G(a)(9) of the Code. The latest possible maturity date of the REMIC II Regular Certificates is April October 15, 20292024.
(c) The latest possible maturity dates of the Pool IClass A, Pool IIClass M, Pool III and Pool IV Class B Certificates and the Class X Certificates are as follows: Latest Possible Latest Possible CLASS MATURITY CLASS MATURITY AF-1 July 15, 2006 MV-2 April 15, 2029 AF-2 April 15, 2010 BV April 15, 2029 AF-3 November 15, 2021 AH-1 July 15, 2008 AF-4 September Class Maturity AH October 15, 2024 AH-2 October 15, 2010 AF-5 December 15, 2038 AH-3 March 15, 2017 AF-6 December 15, 0000 XX-0 Xxxxx 15, 2024 AF-7 December 15, 0000 XX-0 Xxxxx 15, 2024 AV-1 October 15, 0000 XX-0 Xxxxx Xxxxxxx 00, 0000 XX-0 Xxxxxxx 00, 0006 BH March October 15, 2024 MV-1 April BH October 15, 2027 AMF April 2024 X October 15, 20292024
(d) The ServicerTrust Administrator, at the direction xx xxx Xxxxxxxxxxxof the Originators, xxxxx xxxuire shall acquire and retain at least a 0.01% Percentage Interest in each Class of Class R Certificates so long as it shall act as Tax Matters Person of the Trust Fund, except that, when the Trustee is acting as successor Servicer, the Representative will hold the Tax Matters Person Residual Interest until an entity is appointed to succeed the Trustee as Servicer.
(e) Any inconsistencies or ambiguities in this Agreement or in the administration of the Trust Fund shall be resolved in a manner that preserves the validity of the election that each of REMIC I and REMIC II be treated as a REMIC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Money Store Home Equity Corp)