Grantor Trust Designations. The Class III-A-1-1 Certificates are hereby designated as undivided beneficial interests in the portion of the Trust Fund consisting of the Class III-A-1-1 Underlying Interest, and the Interest Rate Swap Agreement, which portion shall be treated as a grantor trust within the meaning of subpart E, Part I of subchapter J of the Code.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-3), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-3), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-3)
Grantor Trust Designations. The Class III-A-1-1 A-2SFL Certificates and the Class A-3SFL Certificates are hereby designated as undivided beneficial interests in the portion of the Trust Fund consisting of the Class III-A-1-1 Underlying A-2SFL Regular Interest and the Class A-3SFL Regular Interest, respectively, the respective Swap Contracts and Floating Rate Accounts and the Interest Rate Swap Agreementproceeds thereof, which portion shall be treated as a grantor trust within the meaning of subpart E, Part I of subchapter J of the Code.. [End of Article II]
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-Ldp9), Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-Ldp9)
Grantor Trust Designations. The Class IIII-A-1A-2-1 2 Certificates are hereby designated as undivided beneficial interests in the portion of the Trust Fund consisting of the Class IIII-A-1A-2-1 2 Underlying Interest, and the Interest Rate Swap Agreement, which portion shall be treated as a grantor trust within the meaning of subpart E, Part I of subchapter J of the Code.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-4)
