Common use of REMIC Certificate Maturity Date Clause in Contracts

REMIC Certificate Maturity Date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Shifting Interest Upper-Tier REMIC, the Shifting Interest Middle-Tier REMIC and the Shifting Interest Lower-Tier REMIC is the Distribution Date immediately following the maturity date for the Shifting Interest Mortgage Loan with the latest maturity date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier II REMIC, the Middle-Tier II REMIC and the Lower-Tier II REMIC is the Distribution Date immediately following the maturity date for the Group T2 Mortgage Loan with the latest maturity date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-3 Trust), Pooling and Servicing Agreement (Banc of America Funding 2007-2 Trust)

AutoNDA by SimpleDocs

REMIC Certificate Maturity Date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Shifting Interest Upper-Tier REMIC, the Shifting Interest Middle-Tier REMIC and the Shifting Interest Lower-Tier REMIC is the Distribution Date immediately following the maturity date for the Shifting Interest Group 1 Mortgage Loan with the latest maturity date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier II REMIC, the Middle-Tier II REMIC and the Lower-Tier II REMIC is the Distribution Date immediately following the maturity date for the Group T2 Mortgage Loan with the latest maturity date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust)

REMIC Certificate Maturity Date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Shifting Interest Upper-Tier REMIC, the Shifting Interest Middle-Tier REMIC and the Shifting Interest Lower-Tier REMIC is the Distribution Date immediately following the maturity date for the Shifting Interest Group 1 Mortgage Loan with the latest maturity date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier II REMIC, the Middle-Tier II REMIC and the Lower-Tier II REMIC is the Distribution Date immediately following the maturity date for the Group T2 Mortgage Loan with the latest maturity date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-1 Trust)

REMIC Certificate Maturity Date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Shifting Interest Upper-Tier REMIC, the Shifting Interest Middle-Tier REMIC and the Shifting Interest Lower-Tier REMIC is the Distribution Date immediately following the maturity date for the Shifting Interest Mortgage Loan with the latest maturity date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier II REMIC, the Middle-Tier II REMIC and the Lower-Tier II REMIC is the Distribution Date immediately following the maturity date for the Group T2 OC Mortgage Loan with the latest maturity date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp)

AutoNDA by SimpleDocs

REMIC Certificate Maturity Date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Shifting Interest Upper-Tier REMIC, the Shifting Interest Middle-Tier REMIC and the Shifting Interest Lower-Tier REMIC is the Distribution Date immediately in the month following the maturity date for the Shifting Interest Mortgage Loan with the latest maturity date. Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier II REMIC, the Middle-Tier II REMIC and the Lower-Tier II REMIC is the Distribution Date immediately in the month following the maturity date for the Group T2 Mortgage Loan with the latest maturity date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-4 Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.