Federal Information Returns and Reports to Certificateholders. (a) For federal income tax purposes, the taxable year of each REMIC shall be a calendar year and the Trustee shall maintain or cause the maintenance of the books of each REMIC on the accrual method of accounting.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)
Federal Information Returns and Reports to Certificateholders. (a) For federal Federal income tax purposes, the taxable year of each REMIC of the Series REMICs shall be a calendar year and the Trustee shall maintain or cause the maintenance of the books of each REMIC of the Series REMICs on the accrual method of accounting.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)
Federal Information Returns and Reports to Certificateholders. (a) For federal income tax purposes, the taxable year of each REMIC of the Series REMICs shall be a calendar year and the Trustee shall maintain or cause the maintenance of the books of each REMIC of the Series REMICs on the accrual method of accounting.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)
Federal Information Returns and Reports to Certificateholders. (a) For federal Federal income tax purposes, the taxable year of each REMIC of the Series REMICs shall be a calendar year 121 and the Trustee shall maintain or cause the maintenance of the books of each REMIC of the Series REMICs on the accrual method of accounting.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)