Common use of Designations under the REMIC Provisions Clause in Contracts

Designations under the REMIC Provisions. (a) The Company hereby designates the Classes of Certificates identified in Section 5.01(b), other than the Residual Certificates, as "regular interests," and the Class R Certificate as the single class of "residual interest," in the REMIC established hereunder for purposes of the REMIC Provisions.

Designations under the REMIC Provisions. (a) The Company hereby designates the Classes of Certificates identified in Section 5.01(b), other than the Residual CertificatesClass R Certificate, as "regular interests," and the Class R Certificate as the single class of "residual interestinterests," in the REMIC established hereunder for purposes of the REMIC Provisions.

Designations under the REMIC Provisions. (a) The Company Depositor hereby designates the Classes of Certificates identified in Section 5.01(b), other than the Residual Certificates, as "regular interests," and the Class R Certificate as the single class of "residual interestinterests," in the REMIC established hereunder for purposes of the REMIC Provisions.