Common use of Master REMIC Clause in Contracts

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12) Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class 1-A-1 Variable(2) $ 24,753,000 April 25, 2046 Class 1-A-2 Variable(2) $ 112,376,000 April 25, 2046 Class 1-A-3 Variable(2) $ 37,459,000 April 25, 2046 Class 2-A-1 Variable(3) $ 258,807,000 April 25, 2046 Class 3-A-1 Variable(4) $ 187,795,000 April 25, 2046 Class 3-A-2 Variable(4) $ 93,897,000 April 25, 2046 Class 3-A-3 Variable(4) $ 31,299,000 April 25, 2046 Class 4-A-1 Variable(2) $ 40,507,000 April 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11) $ 100 April 25, 2046 _______________

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-Oa1), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-1), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-Oa1)

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Master REMIC. As provided herein, the Trustee Trust Administrator shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12) Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class 1-A-1 A Variable(2) $ 24,753,000 April 25, 2046 229,369,000 March 2036 Class 1-A-2 M-1 Variable(2) $ 112,376,000 April 25, 2046 30,044,000 March 2036 Class 1-A-3 M-2 Variable(2) $ 37,459,000 April 25, 2046 21,968,000 March 2036 Class 2-A-1 M-3 Variable(2) $ 6,623,000 March 2036 Class M-4 Variable(2) $ 6,300,000 March 2036 Class M-5 Variable(2) $ 5,977,000 March 2036 Class M-6 Variable(2) $ 5,169,000 March 2036 Class M-7 7.500%(2) $ 6,300,000 March 2036 Class M-8 7.500%(2) $ 5,492,000 March 2036 Class CE Variable(3) $ 258,807,000 April 25, 2046 Class 3-A-1 Variable(4) $ 187,795,000 April 25, 2046 Class 3-A-2 Variable(4) $ 93,897,000 April 25, 2046 Class 3-A-3 Variable(4) $ 31,299,000 April 25, 2046 Class 4-A-1 Variable(2) $ 40,507,000 April 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 5,812,377 March 2036 Class P Interest N/A(11A(4) $ 100 April 25, 2046 March 2036 _______________

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (MASTR Second Lien Trust 2006-1), Pooling and Servicing Agreement (MASTR Second Lien Trust 2006-1)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle Subsidiary REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III II Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12) Rate Initial Aggregate Certificate Principal Balance or Notional Amount Latest Possible Maturity Date(1) Class 1-A-1 Variable(24.7450%(2) $ 24,753,000 April $237,687,000 February 25, 2046 2036 Class 1-A-2 Variable(24.8350%(2) $ 112,376,000 April $149,173,000 February 25, 2046 2036 Class 1-A-3 Variable(2A-3A 5.9100%(2) $ 37,459,000 April $59,127,000 February 25, 2046 2036 Class 2-A-1 Variable(3A-3B 6.0000%(2) $ 258,807,000 April $35,000,000 February 25, 2046 2036 Class 3-A-1 Variable(4A-4 5.7190%(2) $ 187,795,000 April $53,435,000 February 25, 2046 2036 Class 3-A-2 Variable(4M-1 6.0000%(2) $ 93,897,000 April $8,969,000 February 25, 2046 2036 Class 3-A-3 Variable(4M-2 6.0000%(2) $ 31,299,000 April $8,101,000 February 25, 2046 2036 Class 4-A-1 Variable(2M-3 6.0000%(2) $ 40,507,000 April $5,208,000 February 25, 2046 2036 Class 4-A-2 Variable(2M-4 6.0000%(2) $ 20,254,000 April $4,340,000 February 25, 2046 2036 Class 4-A-3 Variable(2M-5 6.0000%(2) $ 6,751,000 April $4,340,000 February 25, 2046 2036 Class X (5M-6 6.0000%(2) (6) April $3,761,000 February 25, 2046 2036 Class XN (7M-7 6.0000%(2) (8) April $3,761,000 February 25, 2046 2036 Class M-1 Variable(9M-8 6.0000%(2) $ 34,418,000 April $2,893,000 February 25, 2046 2036 Class M-2 Variable(9M-9 6.0000%(2) $ 18,389,000 April $2,892,552 February 25, 2046 2036 Class M-3 Variable(9) $ 8,395,000 April CE $5,244 February 25, 2046 2036 Class M-4 Variable(9P N/A(4) $ 13,994,000 April $100 February 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11) $ 100 April 25, 2046 2036 _______________

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Ab1), Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Ab1)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC 2 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III IV Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12Rate(16) Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class 1-A-1 Variable(2) $ 24,753,000 April $558,331,000 December 25, 2046 Class 1-A-2 Variable(2) $ 112,376,000 April $69,791,000 December 25, 2046 Class 1-A-3 Variable(2) $ 37,459,000 April $69,792,000 December 25, 2046 Class 2-A-1 Variable(3Variable(2 $361,746,000 December 25, 2046 Class 2-A-2 Variable(2) $ 258,807,000 April $45,218,000 December 25, 2046 Class 2-A-3 Variable(2) $45,218,000 December 25, 2046 Class 3-A-1 Variable(4Variable(3) $ 187,795,000 April $92,654,000 December 25, 2046 Class 3-A-2 Variable(4Variable(3) $ 93,897,000 April 25, 2046 Class 3-A-3 Variable(4) $ 31,299,000 April $23,164,000 December 25, 2046 Class 4-A-1 A-1A Variable(2) $ 40,507,000 April $244,989,000 December 25, 2046 Class 4-A-1B Variable(2) $192,677,000 December 25, 2046 Class 4-A-2 Variable(2Variable(4) $109,416,000 December 25, 2046 Class X-1 (5) (6) December 25, 2046 Class X-2 (5) (7) December 25, 2046 Class XW (8) (9) December 25, 2046 Class M-1 Variable(10) $46,307,000 December 25, 2046 Class M-2 Variable(10) $42,279,000 December 25, 2046 Class M-3 Variable(10) $14,093,000 December 25, 2046 Class M-4 Variable(10) $31,206,000 December 25, 2046 Class M-5 Variable(10) $18,120,000 December 25, 2046 Class M-6 Variable(10) $12,080,000 December 25, 2046 Class M-7 Variable(10) $11,074,000 December 25, 2046 Class M-8 Variable(10) $15,099,000 December 25, 2046 Class C Variable(11) $10,067,248 December 25, 2046 Class 1-P N/A(12) $ 20,254,000 April 100 December 25, 2046 Class 2-P N/A(13) $ 100 December 25, 2046 Class 3-P N/A(14) $ 100 December 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11A(15) $ 100 April December 25, 2046 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-Oa2)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12) Rate Initial Aggregate Certificate Principal Balance or Notional Amount Latest Possible Maturity Date(1) Class 1-A-1 A-1A Variable(2) $ 24,753,000 April $173,175,000 November 25, 2046 2035 Class 1-A-2 Variable(2A-1B 5.143%(2) $ 112,376,000 April $125,000,000 November 25, 2046 2035 Class 1-A-3 Variable(2A-2 5.049%(2) $ 37,459,000 April $23,957,000 November 25, 2046 2035 Class 2-A-1 Variable(3A-3A 5.183%(2) $ 258,807,000 April $152,320,000 November 25, 2046 2035 Class A-3B 5.233%(2) $35,000,000 November 25, 2035 Class A-4 5.648%(2) $58,922,000 November 25, 2035 Class A-5A 5.712%(2) $50,000,000 November 25, 2035 Class A-5B 5.750%(2) $33,212,000 November 25, 2035 Class A-6 5.471%(2) $72,398,000 November 25, 2035 Class X 5.000% Notional Amount (3-A-1 ) November 25, 2035 Class M-1 5.654%(2) $11,733,000 November 25, 2035 Class M-2 5.750%(2) $10,169,000 November 25, 2035 Class M-3 5.750%(2) $7,040,000 November 25, 2035 Class M-4 5.750%(2) $4,693,000 November 25, 2035 Class M-5 5.750%(2) $5,475,000 November 25, 2035 Class M-6 5.750%(2) $5,084,000 November 25, 2035 Class M-7 5.750%(2) $3,911,000 November 25, 2035 Class M-8 5.750%(2) $3,911,000 November 25, 2035 Class M-9 5.750%(2) $3,911,000 November 25, 2035 Class CE Variable(4) $ 187,795,000 April $2,352,031 November 25, 2046 2035 Class 3-A-2 Variable(4P N/A(5) $ 93,897,000 April $100 November 25, 2046 Class 3-A-3 Variable(4) $ 31,299,000 April 25, 2046 Class 4-A-1 Variable(2) $ 40,507,000 April 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11) $ 100 April 25, 2046 2035 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2005-Ab1)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of CertificatesCertificates and the Class C and Class P interests. Designation Pass-Through Rate(12Rate(1) Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1Date(2) Class 1-A-1 Variable(2) $ 24,753,000 April 25, 2046 Class 1-A-2 Variable(2) $ 112,376,000 April 25, 2046 Class 1-A-3 Variable(2) $ 37,459,000 April 25, 2046 Class 2-A-1 Variable(3) $ 258,807,000 April $549,832,000 May 25, 2046 2037 Class 3-A-1 A-2 Variable(3) $61,092,000 May 25, 2037 Class M-1 Variable(3) $11,042,000 May 25, 2037 Class M-2 Variable(3) $4,223,000 May 25, 2037 Class M-3 Variable(3) $3,248,000 May 25, 2037 Class M-4 Variable(3) $3,247,000 May 25, 2037 Class M-5 Variable(3) $3,248,000 May 25, 2037 Class M-6 Variable(3) $3,248,000 May 25, 2037 Class M-7 Variable(3) $3,248,000 May 25, 2037 Class M-8 Variable(3) $3,247,000 May 25, 2037 Class C interest Variable(4) $ 187,795,000 April $3,898,752 May 25, 2046 2037 Class 3-A-2 Variable(4P interest N/A(5) $ 93,897,000 April $100 May 25, 2046 2037 Class 3-A-3 Variable(4) $ 31,299,000 April R N/A N/A May 25, 2046 2037 Class 4R-A-1 Variable(2) $ 40,507,000 April X N/A N/A May 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11) $ 100 April 25, 2046 2037 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-Hf1)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of CertificatesCertificates and the Class C and Class P interests. Designation Pass-Through Rate(12Rate(1) Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1Date(2) Class 1-A-1 Variable(2) $ 24,753,000 April 25, 2046 Class 1-A-2 Variable(2) $ 112,376,000 April 25, 2046 Class 1-A-3 Variable(2) $ 37,459,000 April 25, 2046 Class 2-A-1 Variable(3) $ 258,807,000 April $616,075,000 March 25, 2046 2047 Class 3-A-1 A-2 Variable(3) $96,000,000 March 25, 2047 Class A-3 Variable(3) $32,000,000 March 25, 2047 Class A-4 Variable(3) $130,671,000 March 25, 2047 Class M-1 Variable(3) $17,390,000 March 25, 2047 Class M-2 Variable(3) $8,460,000 March 25, 2047 Class M-3 Variable(3) $7,050,000 March 25, 2047 Class M-4 Variable(3) $5,639,000 March 25, 2047 Class M-5 Variable(3) $4,699,000 March 25, 2047 Class M-6 Variable(3) $6,580,000 March 25, 2047 Class M-7 Variable(3) $4,699,000 March 25, 2047 Class M-8 Variable(3) $4,699,000 March 25, 2047 Class C interest Variable(4) $ 187,795,000 April $6,120,459 March 25, 2046 2047 Class 3-A-2 Variable(4P interest N/A(5) $ 93,897,000 April $100 March 25, 2046 2047 Class 3-A-3 Variable(4) $ 31,299,000 April R N/A N/A March 25, 2046 2047 Class 4R-A-1 Variable(2) $ 40,507,000 April X N/A N/A March 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11) $ 100 April 25, 2046 2047 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-2)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12) Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class 1-A-1 A Variable(2) $ 24,753,000 April $176,755,000.00 September 25, 2046 2035 Class 1-A-2 M-1 Variable(2) $ 112,376,000 April $22,635,000.00 September 25, 2046 2035 Class 1-A-3 M-2 Variable(2) $ 37,459,000 April $15,832,000.00 September 25, 2046 2035 Class 2-A-1 M-3 Variable(2) $4,577,000.00 September 25, 2035 Class M-4 Variable(2) $4,453,000.00 September 25, 2035 Class M-5 Variable(2) $3,958,000.00 September 25, 2035 Class M-6 Variable(2) $4,206,000.00 September 25, 2035 Class M-7 Variable(2) $4,700,000.00 September 25, 2035 Class M-8 Variable(2) $3,958,000.00 September 25, 2035 Class M-9 Variable(2) $3,340,000.00 September 25, 2035 Class M-10 Variable(2) $2,967,918.03 September 25, 2035 Class CE Variable(3) $ 258,807,000 April $440.00 September 25, 2046 2035 Class 3-A-1 Variable(4P N/A(4) $ 187,795,000 April 100.00 September 25, 2046 Class 3-A-2 Variable(4) $ 93,897,000 April 25, 2046 Class 3-A-3 Variable(4) $ 31,299,000 April 25, 2046 Class 4-A-1 Variable(2) $ 40,507,000 April 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11) $ 100 April 25, 2046 2035 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Second Lien Trust 2005-1)

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Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC 2 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III IV Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of CertificatesCertificates and the Class C, Class 1-P, Class 2-P, Class 3-P, and Class 4-P interests. Designation Pass-Through Rate(12Rate(16) Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class 1-A-1 Variable(2) $ 24,753,000 April $558,331,000 December 25, 2046 Class 1-A-2 Variable(2) $ 112,376,000 April $69,791,000 December 25, 2046 Class 1-A-3 Variable(2) $ 37,459,000 April $69,792,000 December 25, 2046 Class 2-A-1 Variable(3Variable(2 $361,746,000 December 25, 2046 Class 2-A-2 Variable(2) $ 258,807,000 April $45,218,000 December 25, 2046 Class 2-A-3 Variable(2) $45,218,000 December 25, 2046 Class 3-A-1 Variable(4Variable(3) $ 187,795,000 April $92,654,000 December 25, 2046 Class 3-A-2 Variable(4Variable(3) $ 93,897,000 April 25, 2046 Class 3-A-3 Variable(4) $ 31,299,000 April $23,164,000 December 25, 2046 Class 4-A-1 A-1A Variable(2) $ 40,507,000 April $244,989,000 December 25, 2046 Class 4-A-1B Variable(2) $192,677,000 December 25, 2046 Class 4-A-2 Variable(2Variable(4) $109,416,000 December 25, 2046 Class X-1 (5) (6) December 25, 2046 Class X-2 (5) (7) December 25, 2046 Class XW (8) (9) December 25, 2046 Class M-1 Variable(10) $46,307,000 December 25, 2046 Class M-2 Variable(10) $42,279,000 December 25, 2046 Class M-3 Variable(10) $14,093,000 December 25, 2046 Class M-4 Variable(10) $31,206,000 December 25, 2046 Class M-5 Variable(10) $18,120,000 December 25, 2046 Class M-6 Variable(10) $12,080,000 December 25, 2046 Class M-7 Variable(10) $11,074,000 December 25, 2046 Class M-8 Variable(10) $15,099,000 December 25, 2046 Class C interest Variable(11) $10,067,248 December 25, 2046 Class 1-P interest N/A(12) $ 20,254,000 April 100 December 25, 2046 Class 2-P interest N/A(13) $ 100 December 25, 2046 Class 3-P interest N/A(14) $ 100 December 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest interest N/A(11A(15) $ 100 April December 25, 2046 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-Oa2)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle Subsidiary REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III II Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12Rate(6) Initial Aggregate Certificate Principal Balance ($) Latest Possible Maturity Date(1) Class 1-A-1 Variable(2) $ 24,753,000 April 217,730,000 January 25, 2046 2037 Class 1-A-2 A-2A Variable(2) $ 112,376,000 April 71,711,000 January 25, 2046 2037 Class 1-A-3 Variable(2A-2B 5.66%(3) $ 37,459,000 April 41,848,000 January 25, 2046 2037 Class 2-A-1 Variable(3A-3 5.75%(3) $ 258,807,000 April 42,465,000 January 25, 2046 2037 Class 3-A-1 Variable(4A-4 5.92%(3) $ 187,795,000 April 58,322,000 January 25, 2046 2037 Class 3-A-2 Variable(4A-5A 5.96%(3) $ 93,897,000 April 35,580,000 January 25, 2046 2037 Class 3-A-3 Variable(4A-5B 6.04%(3) $ 31,299,000 April 20,000,000 January 25, 2046 2037 Class 4-A-1 Variable(2A-6A 5.63%(3) $ 40,507,000 April 49,350,000 January 25, 2046 2037 Class 4-A-2 Variable(2A-6B 5.78%(3) $ 20,254,000 April 7,820,000 January 25, 2046 2037 Class 4-A-3 Variable(2M-1 6.08%(3) $ 6,751,000 April 8,289,000 January 25, 2046 2037 Class X (5M-2 6.13%(3) (6) April 3,716,000 January 25, 2046 2037 Class XN (7M-3 6.17%(3) (8) April 2,000,000 January 25, 2046 2037 Class M-1 Variable(9M-4 6.22%(3) $ 34,418,000 April 2,000,000 January 25, 2046 2037 Class M-2 Variable(9M-5 6.27%(3) $ 18,389,000 April 2,000,000 January 25, 2046 2037 Class M-3 Variable(9M-6 6.37%(3) $ 8,395,000 April 2,000,000 January 25, 2046 2037 Class M-4 Variable(9M-7 6.40%(3) $ 13,994,000 April 2,000,000 January 25, 2046 2037 Class M-5 Variable(9M-8 6.40%(3) $ 10,165,000 April 2,000,000 January 25, 2046 2037 Class M-6 Variable(9M-9 6.40%(3) $ 6,711,000 April 2,865,000 January 25, 2046 2037 Class M-7 Variable(9C (4) $ 5,586,000 April January 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 2037 Class P Interest N/A(11A(5) $ 100 April January 25, 2046 2037 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2006-6)

Master REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12) Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class 1-A-1 Variable(2) $ 24,753,000 April $71,987,000 December 25, 2046 2035 Class 1-A-2 Variable(2) $ 112,376,000 April $7,999,000 December 25, 2046 Class 1-A-3 Variable(2) $ 37,459,000 April 25, 2046 2035 Class 2-A-1 Variable(3Variable(2) $ 258,807,000 April $425,594,000 December 25, 2046 2035 Class 2-A-2 Variable(2) $47,288,000 December 25, 2035 Class 3-A-1 Variable(4Variable(3) $ 187,795,000 April $152,390,000 December 25, 2046 2035 Class 3-A-2 Variable(3) $18,566,000 December 25, 2035 Class B-1 Variable(2) $13,736,000 December 25, 2035 Class B-2 Variable(2) $3,816,000 December 25, 2035 Class B-3 Variable(2) $6,487,000 December 25, 2035 Class B-4 Variable(2) $4,960,000 December 25, 2035 Class B-5 Variable(2) $2,671,000 December 25, 2035 Class B-6 Variable(2) $3,816,000 December 25, 2035 Class C Variable(4) $ 93,897,000 April $3,815,058 December 25, 2046 2035 Class 3-A-3 Variable(4P N/A(5) $ 31,299,000 April 100.00 December 25, 2046 Class 4-A-1 Variable(2) $ 40,507,000 April 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 Class P Interest N/A(11) $ 100 April 25, 2046 2035 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2005-8)

Master REMIC. As provided herein, the Trustee Trust Administrator shall elect to treat the segregated pool of assets consisting of the Middle REMIC Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as the “Master REMIC.” The Master REMIC shall also issue the Class R-III Interest, which shall evidence the sole class of “residual interests” in the Master REMIC for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, and the initial aggregate Certificate Principal Balance for the indicated Class of Certificates. Designation Pass-Through Rate(12) Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class 1-A-1 A Variable(2) $ 24,753,000 April 25, 2046 $229,369,000 March 2036 Class 1-A-2 M-1 Variable(2) $ 112,376,000 April 25, 2046 $30,044,000 March 2036 Class 1-A-3 M-2 Variable(2) $ 37,459,000 April 25, 2046 $21,968,000 March 2036 Class 2-A-1 M-3 Variable(2) $6,623,000 March 2036 Class M-4 Variable(2) $6,300,000 March 2036 Class M-5 Variable(2) $5,977,000 March 2036 Class M-6 Variable(2) $5,169,000 March 2036 Class M-7 7.500%(2) $6,300,000 March 2036 Class M-8 7.500%(2) $5,492,000 March 2036 Class CE Variable(3) $ 258,807,000 April 25, 2046 Class 3-A-1 Variable(4) $ 187,795,000 April 25, 2046 Class 3-A-2 Variable(4) $ 93,897,000 April 25, 2046 Class 3-A-3 Variable(4) $ 31,299,000 April 25, 2046 Class 4-A-1 Variable(2) $ 40,507,000 April 25, 2046 Class 4-A-2 Variable(2) $ 20,254,000 April 25, 2046 Class 4-A-3 Variable(2) $ 6,751,000 April 25, 2046 Class X (5) (6) April 25, 2046 Class XN (7) (8) April 25, 2046 Class M-1 Variable(9) $ 34,418,000 April 25, 2046 Class M-2 Variable(9) $ 18,389,000 April 25, 2046 Class M-3 Variable(9) $ 8,395,000 April 25, 2046 Class M-4 Variable(9) $ 13,994,000 April 25, 2046 Class M-5 Variable(9) $ 10,165,000 April 25, 2046 Class M-6 Variable(9) $ 6,711,000 April 25, 2046 Class M-7 Variable(9) $ 5,586,000 April 25, 2046 Class C Interest Variable(10) $ 5,585,491 April 25, 2046 $5,812,377 March 2036 Class P Interest N/A(11A(4) $ $100 April 25, 2046 March 2036 _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Second Lien Trust 2006-1)

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