Common use of PAC and TAC classes Clause in Contracts

PAC and TAC classes. Classes IA-4 through IA-6 are planned amortization (or PAC) classes. The aggregate planned balances for the PAC classes are given in the PAC Schedule. Classes IA-1 and IA-2 are targeted amortization (or TAC) classes. The aggregate targeted balances for the TAC classes are given in the TAC Schedule.

Appears in 2 contracts

Samples: Pooling Agreement (Citicorp Mortgage Securities Inc), Pooling Agreement (CMALT (CitiMortgage Alternative Loan Trust), Series 2006-A6)

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PAC and TAC classes. Classes IA-4 through IA-6 IA-3 and IA-8 are planned amortization (or PAC) classes. The aggregate planned balances for the PAC classes are given in the PAC Schedule. Classes IA-1 and IA-2 are Class IA-6 is a targeted amortization (or TAC) classesclass. The aggregate targeted balances for the TAC classes class are given in the TAC Schedule.

Appears in 1 contract

Samples: Pooling Agreement (Citicorp Mortgage Securities Inc)

PAC and TAC classes. Classes IA-4 IA-2 through IA-6 IA-4, and IA-8 through IA-10, are planned amortization (or PAC) classes. The aggregate planned balances for the PAC classes are given in the PAC Schedule. Classes IA-1 and IA-2 There are no targeted amortization (or TAC) classes. The aggregate targeted balances for the TAC classes are given in the TAC Schedule.

Appears in 1 contract

Samples: Pooling Agreement (Citicorp Mortgage Securities Inc)

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PAC and TAC classes. Classes IA-4 through IA-6 IA-5 and IA-7 are planned amortization (or PAC) classes. The aggregate planned balances for the PAC classes are given in the PAC Schedule. Classes Class IA-1 and IA-2 are is a targeted amortization (or TAC) classesclass. The aggregate targeted balances for the TAC classes class are given in the TAC Schedule.

Appears in 1 contract

Samples: Pooling Agreement (Citicorp Mortgage Securities Trust, Series 2007-2)

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