Common use of Federal Information Returns and Reports to Certificateholders; REMIC Administration Clause in Contracts

Federal Information Returns and Reports to Certificateholders; REMIC Administration. (a) For federal income tax purposes, the taxable year of each 2007-AR2 REMIC shall be a calendar year and the Trustee shall maintain or cause the maintenance of the books of each such 2007-AR2 REMIC on the accrual method of accounting.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar2)

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Federal Information Returns and Reports to Certificateholders; REMIC Administration. (a) For federal income tax purposes, the taxable year of each 2007-AR2 AR1 REMIC shall be a calendar year and the Trustee shall maintain or cause the maintenance of the books of each such 2007-AR2 AR1 REMIC on the accrual method of accounting.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1)

Federal Information Returns and Reports to Certificateholders; REMIC Administration. (a) For federal income tax purposes, the taxable year of each 2007-AR2 AR3 REMIC shall be a calendar year and the Trustee shall maintain or cause the maintenance of the books of each such 2007-AR2 AR3 REMIC on the accrual method of accounting.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar3)

Federal Information Returns and Reports to Certificateholders; REMIC Administration. (a) For federal income tax purposes, the taxable year of each 20072006-AR2 AR3 REMIC shall be a calendar year and the Trustee shall maintain or cause the maintenance of the books of each such 20072006-AR2 AR3 REMIC on the accrual method of accounting.

Appears in 1 contract

Samples: Structured Asset Mortgage (GreenPoint MFT 2006-Ar3)

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Federal Information Returns and Reports to Certificateholders; REMIC Administration. (a) For federal income tax purposes, the taxable year of each 2007-AR2 3 REMIC shall be a calendar year and the Trustee Securities Administrator shall maintain or cause the maintenance of the books of each such 2007-AR2 3 REMIC on the accrual method of accounting.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2007-3)

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