REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be set forth in the Series Supplement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each REMIC election in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the REMIC will be set forth in Section 10.03
Appears in 204 contracts
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more two REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be are set forth in the Series Supplementthis Agreement. Such election will shall be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each the REMIC election elections in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the each REMIC will shall be set forth in Section 10.0310.
Appears in 17 contracts
Samples: Pooling and Servicing Agreement (Gmacm Mortgage Loan Trust 2005-Ar4), Pooling and Servicing Agreement (Residential Asset Mort Products Inc Gmacm Mort Ln Tr 03 J3), Pooling and Servicing Agreement (Gmacm Mortgage Loan Trust 2003-J7)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more two REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be are set forth in the Series Supplementthis Agreement. Such election will shall be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each the REMIC election elections in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the each REMIC will shall be set forth in Section 10.03.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Gmacm Mortgage Loan Trust 2005-Ar1), Pooling and Servicing Agreement (Residential Asset Mortgage Products Gmacm Trust 2004-J1), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund Estate, as one or more set forth in Section 2.06 of the Trust Agreement, as three REMICs under the Code and, if necessary, under applicable state law. The assets , in accordance with Section 2.06 of each such REMIC will be set forth in the Series SupplementTrust Agreement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates Securities are issued. For the purposes of each the REMIC election elections in respect of the Trust FundEstate, Certificates Securities and interests to be designated as the "regular interests" and the sole class of "residual interests" in the each REMIC will be set forth in Section 10.0311.
Appears in 3 contracts
Samples: Indenture (Gmacm Home Equity Loan Trust 2005-He2), Indenture (Residential Asset Mort Prod Inc Gmacm Home Eq L N Tr 04 He2), Indenture (Gmacm Home Equity Loan Trust 2004-He5)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund Estate, as one or more set forth in Section 2.06 of the Trust Agreement, as two REMICs under the Code and, if necessary, under applicable state law. The assets , in accordance with Section 2.06 of each such REMIC will be set forth in the Series SupplementTrust Agreement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates Securities are issued. For the purposes of each the REMIC election elections in respect of the Trust FundEstate, Certificates Securities and interests to be designated as the "regular interests" and the sole class of "residual interests" in the each REMIC will be set forth in Section 10.0311.
Appears in 2 contracts
Samples: Indenture (Residential Asset Mortgage Prod Inc Gmacm Mor Ln Tr 2003-Gh1), Indenture (GMACM Mortgage Loan Trust 2004-Gh1)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be set forth in the Series Supplement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each REMIC election in respect of the Trust Fund, Certificates and interests to be designated as the "“regular interests" ” and the sole class of "“residual interests" ” in the REMIC will be set forth in Section 10.03
Appears in 2 contracts
Samples: Master Servicing Agreement (Phoenix Residential Securities, LLC), Pooling and Servicing Agreement (Residential Accredit Loans Inc)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be set forth in the Series Supplement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each REMIC election in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the REMIC will be set forth in Section 10.03
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust), Series Supplement to Pooling and Servicing Agreement (Residential Accredit Loans Inc Rali Series 2004 Qa1 Trust)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more two REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be are set forth in the Series Supplementthis Agreement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each the REMIC election elections in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the each REMIC will be set forth in Section 10.0310.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more two REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be are set forth in the Series Supplementthis Agreement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each the REMIC election elections in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the each REMIC will be set forth in Section 10.0310.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be set forth in the Series Supplementthis Agreement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Trust Certificates are issued. For the purposes of each REMIC election in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the REMIC will be set forth in Section 10.039.
Appears in 1 contract
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more three REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be are set forth in the Series Supplementthis Agreement. Such election will shall be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each the REMIC election elections in respect of the Trust Fund, Certificates and interests to be designated as the "regular interests" and the sole class of "residual interests" in the each REMIC will shall be set forth in Section 10.03.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GMAC Mortgage Pass-Through Certificates, Series 2004-Ar1)
REMIC Administration. (a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more REMICs under the Code and, if necessary, under applicable state law. The assets of each such REMIC will be set forth in the Series Supplement. Such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of each REMIC election in respect of the Trust FundTrust, Certificates and interests to be designated as the "“regular interests" ” and the sole class of "“residual interests" ” in the REMIC will be set forth in Section 10.03
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Phoenix Residential Securities, LLC)
