of the Series Supplement. The REMIC Administrator and the Trustee shall not permit the creation of any "interests" (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "regular interests" and "residual interests" so designated.
Appears in 211 contracts
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Fundings Mortgage Sec Rfmsi Series 2004-S2 Trust), Pooling and Servicing Agreement (RALI Series 2004-Qs15 Trust)
of the Series Supplement. The REMIC Administrator and the Trustee shall not permit the creation of any "“interests" ” (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "“regular interests" ” and "“residual interests" ” so designated.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Phoenix Residential Securities, LLC), Pooling and Servicing Agreement (Residential Accredit Loans Inc)
of the Series Supplement. The REMIC Administrator and the Trustee shall not permit the creation of any "“interests" ” (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "“regular interests" ” and "“residual interests" ” so designated.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Phoenix Residential Securities, LLC)
