{"component": "clause", "props": {"groups": [{"snippet": "(a) The Depositor hereby instructs and authorizes the Trustee to make an appropriate election to treat the Trust Fund as a REMIC. This Agreement shall be construed so as to carry out the intention of the parties that the Trust Fund be treated as a REMIC at all times prior to the date on which the Trust Fund is terminated. The Closing Date is hereby designated as the \"startup day\" of the REMIC within the meaning of Section 860G(a)(9) of the Code. The \"regular interests\" (within the meaning of Section 860G(a)(1) of the Code) in the REMIC shall consist of the Class A Certificates (other than the Class A-R Certificate), the Class M Certificates and the Class B Certificates, and the \"residual interest\" (within the meaning of Section 860G(a)(2) of the Code) in the REMIC shall consist of the Residual Interest, and all such interests shall be designated as such on the Startup Day. Solely for the purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the \"latest possible maturity date\" by which the Outstanding Certificate Principal Balance of each Class of Certificates representing a regular interest in the REMIC would be reduced to zero is the Distribution Date immediately following the latest scheduled maturity of any Mortgage Loan.\n(b) The \"tax matters person\" with respect to the Trust Fund for purposes of the REMIC provisions shall be the beneficial owner of the Class A-R Certificate; provided, however, that such Holder of a Class A-R Certificate, by its acceptance thereof, irrevocably appoints the Servicer as its agent and attorney-in-fact to act as \"tax matters person\" with respect to the Trust Fund for purposes of the REMIC provisions.\n(c) It is intended that the Trust Fund shall constitute, and that the affairs of the Trust Fund shall be conducted so as to qualify the Trust Fund as, a \"real estate mortgage investment conduit\" as defined in and in accordance with the REMIC Provisions. In furtherance of such intention, the Servicer covenants and agrees that it shall act as agent (and the Servicer is hereby appointed to act as agent) on behalf of the Trust Fund and the Holder of the Class A-R Certificate and that in such capacity it shall:\n(i) prepare and file, or cause to be prepared and filed, in a timely manner, a U.S. Real Estate Mortgage Investment Conduit Income Tax Return (Form 1066) and prepare and file or cause to be prepared and filed with the Internal Revenue Service and applicable state or local tax authorities income tax or information returns for each taxable year with respect to the Trust Fund, using the calendar year as the taxable year and the accrual method of accounting, containing such information and at the times and in the manner as may be required by the Code or state or local tax laws, regulations, or rules, and shall furnish or cause to be furnished to Certificateholders the schedules, statements or information at such times and in such manner as may be required thereby;\n(ii) within thirty days of the Closing Date, shall furnish or cause to be furnished to the Internal Revenue Service, on Form 8811 or as otherwise may be required by the Code, the name, title, address, and telephone number of the person that the holders of the Certificates may contact for tax information relating thereto (and the Servicer shall act as the representative of the Trust Fund for this purpose), together with such additional information as may be required by such Form, and shall update such information at the time or times in the manner required by the Code;\n(iii) make or cause to be made an election, on behalf of the Trust Fund, to be treated as a REMIC, and make the appropriate designations, if applicable, in accordance with this Section 2.04 on the federal tax return of the Trust Fund for its first taxable year (and, if necessary, under applicable state law);\n(iv) prepare and forward, or cause to be prepared and forwarded, to the Certificateholders and to the Internal Revenue Service and, if necessary, state tax authorities, all information returns or reports, or furnish or cause to be furnished by telephone, mail, publication or other appropriate method such information, as and when required to be provided to them in accordance with the REMIC Provisions, including without limitation, the calculation of any original issue discount;\n(v) provide information necessary for the computation of tax imposed on the transfer of the Class A-R Certificate to a Disqualified Organization, or an agent (including a broker, nominee or other middleman) of a Disqualified Organization, or a pass-through entity in which a Disqualified Organization is the record holder of an interest (the reasonable cost of computing and furnishing such information may be charged to the Person liable for such tax);\n(vi) ensure that federal, state or local income tax or information returns shall be signed by the Trustee or such other person as may be required to sign such returns by the Code or state or local laws, regulations or rules; and\n(vii) maintain such records relating to the Trust Fund, as may be required by the Code and, as may be necessary to prepare the foregoing returns, schedules, statements or information. [END OF ARTICLE II]", "snippet_links": [{"key": "the-depositor", "type": "definition", "offset": [4, 17]}, {"key": "an-appropriate", "type": "clause", "offset": [70, 84]}, {"key": "the-trust-fund", "type": "clause", "offset": [103, 117]}, {"key": "this-agreement", "type": "clause", "offset": [130, 144]}, {"key": "the-intention-of-the-parties", "type": "clause", "offset": [183, 211]}, {"key": "at-all-times", "type": "definition", "offset": [254, 266]}, {"key": "prior-to-the", "type": "clause", "offset": [267, 279]}, {"key": "the-closing-date", "type": "clause", "offset": [324, 340]}, {"key": "startup-day", "type": "definition", "offset": [370, 381]}, {"key": "the-remic", "type": "definition", "offset": [386, 395]}, {"key": "meaning-of", "type": "clause", "offset": [407, 417]}, {"key": "the-code", "type": "clause", "offset": [440, 448]}, {"key": "regular-interests", "type": "definition", "offset": [455, 472]}, {"key": "consist-of", "type": "clause", "offset": [548, 558]}, {"key": "the-class-a-certificates", "type": "clause", "offset": [559, 583]}, {"key": "class-m-certificates", "type": "definition", "offset": [628, 648]}, {"key": "the-class-b-certificates", "type": "clause", "offset": [653, 677]}, {"key": "the-residual-interest", "type": "clause", "offset": [792, 813]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [893, 912]}, {"key": "treasury-regulations", "type": "definition", "offset": [948, 968]}, {"key": "latest-possible-maturity-date", "type": "clause", "offset": [975, 1004]}, {"key": "outstanding-certificate-principal-balance", "type": "definition", "offset": [1019, 1060]}, {"key": "class-of-certificates", "type": "clause", "offset": [1069, 1090]}, {"key": "to-zero", "type": "definition", "offset": [1153, 1160]}, {"key": "the-distribution-date", "type": "definition", "offset": [1164, 1185]}, {"key": "following-the", "type": "definition", "offset": [1198, 1211]}, {"key": "scheduled-maturity", "type": "clause", "offset": [1219, 1237]}, 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[1889, 1907]}, {"key": "servicer-covenants", "type": "clause", "offset": [1968, 1986]}, {"key": "act-as-agent", "type": "definition", "offset": [2012, 2024]}, {"key": "on-behalf-of", "type": "clause", "offset": [2080, 2092]}, {"key": "be-prepared", "type": "clause", "offset": [2222, 2233]}, {"key": "in-a-timely-manner", "type": "definition", "offset": [2245, 2263]}, {"key": "a-us", "type": "clause", "offset": [2265, 2270]}, {"key": "income-tax-return", "type": "clause", "offset": [2312, 2329]}, {"key": "the-internal-revenue-service", "type": "definition", "offset": [2402, 2430]}, {"key": "tax-authorities", "type": "clause", "offset": [2461, 2476]}, {"key": "information-returns", "type": "definition", "offset": [2491, 2510]}, {"key": "taxable-year", "type": "definition", "offset": [2520, 2532]}, {"key": "calendar-year", "type": "clause", "offset": [2575, 2588]}, {"key": "accrual-method-of-accounting", "type": "definition", "offset": [2617, 2645]}, {"key": "such-information", "type": "definition", "offset": [2658, 2674]}, {"key": "required-by", "type": "definition", "offset": [2720, 2731]}, {"key": "tax-laws", "type": "clause", "offset": [2759, 2767]}, {"key": "the-schedules", "type": "definition", "offset": [2857, 2870]}, {"key": "thirty-days", "type": "clause", "offset": [2971, 2982]}, {"key": "number-of", "type": "clause", "offset": [3174, 3183]}, {"key": "holders-of-the-certificates", "type": "definition", "offset": [3204, 3231]}, {"key": "tax-information", "type": "definition", "offset": [3248, 3263]}, {"key": "the-representative", "type": "clause", "offset": [3312, 3330]}, {"key": "additional-information", "type": "definition", "offset": [3387, 3409]}, {"key": "at-the-time", "type": "clause", "offset": [3477, 3488]}, {"key": "an-election", "type": "clause", "offset": [3565, 3576]}, {"key": "if-applicable", "type": "clause", "offset": [3672, 3685]}, {"key": "return-of", "type": "clause", "offset": [3743, 3752]}, {"key": "applicable-state-law", "type": "clause", "offset": [3821, 3841]}, {"key": "state-tax", "type": "clause", "offset": [3990, 3999]}, {"key": "all-information", "type": "clause", "offset": [4013, 4028]}, {"key": "by-telephone", "type": "definition", "offset": [4085, 4097]}, {"key": "when-required", "type": "definition", "offset": [4170, 4183]}, {"key": "including-without-limitation", "type": "clause", "offset": [4248, 4276]}, {"key": "calculation-of", "type": "definition", "offset": [4282, 4296]}, {"key": "original-issue-discount", "type": "clause", "offset": [4301, 4324]}, {"key": "provide-information", "type": "clause", "offset": [4330, 4349]}, {"key": "necessary-for", "type": "definition", "offset": [4350, 4363]}, {"key": "tax-imposed", "type": "clause", "offset": [4383, 4394]}, {"key": "transfer-of-the", "type": "clause", "offset": [4402, 4417]}, {"key": "disqualified-organization", "type": "clause", "offset": [4445, 4470]}, {"key": "an-agent", "type": "clause", "offset": [4475, 4483]}, {"key": "through-entity", "type": "definition", "offset": [4575, 4589]}, {"key": "record-holder", "type": "clause", "offset": [4634, 4647]}, {"key": "an-interest", "type": "clause", "offset": [4651, 4662]}, {"key": "cost-of", "type": "definition", "offset": [4679, 4686]}, {"key": "state-or-local-income-tax", "type": "definition", "offset": [4806, 4831]}, {"key": "by-the-trustee", "type": "clause", "offset": [4871, 4885]}, {"key": "other-person", "type": "definition", "offset": [4894, 4906]}, {"key": "local-laws", "type": "definition", "offset": [4971, 4981]}, {"key": "relating-to", "type": "definition", "offset": [5037, 5048]}, {"key": "the-foregoing", "type": "definition", "offset": [5132, 5145]}, {"key": "article-ii", "type": "definition", "offset": [5201, 5211]}], "size": 35, "samples": [{"hash": "lB5YRIWx1YH", "uri": "/contracts/lB5YRIWx1YH#remic-election", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}, {"hash": "50wiNmOFBbK", "uri": "/contracts/50wiNmOFBbK#remic-election", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}, {"hash": "2LAdyiwYeyd", "uri": "/contracts/2LAdyiwYeyd#remic-election", "label": "Pooling and Servicing Agreement (Chase Funding Inc)", "score": 18.0, "published": true}], "hash": "45be0dbb286a0346d92cf599a3f446e1", "id": 1}, {"snippet": "Yes. Cut-Off Date: ___________ 1, 20___ Final Structure Due Date: ___________ ___, 20___ Distributions: Distributions will be made monthly on the 25th day of each month or the next succeeding Business Day (the \"Distribution Date\"). Servicing Fee (Monthly fee payable to [___] % per annum (or as described in the Servicer): the prospectus supplement). Master Servicing Fee (Monthly fee [_]% per annum. payable to the Master Servicer):", "snippet_links": [{"key": "final-structure-due-date", "type": "clause", "offset": [40, 64]}, {"key": "day-of", "type": "clause", "offset": [151, 157]}, {"key": "business-day", "type": "clause", "offset": [192, 204]}, {"key": "distribution-date", "type": "definition", "offset": [211, 228]}, {"key": "payable-to", "type": "definition", "offset": [259, 269]}, {"key": "per-annum", "type": "definition", "offset": [278, 287]}, {"key": "the-servicer", "type": "definition", "offset": [308, 320]}, {"key": "the-prospectus-supplement", "type": "clause", "offset": [323, 348]}, {"key": "master-servicing-fee", "type": "clause", "offset": [351, 371]}, {"key": "the-master-servicer", "type": "definition", "offset": [412, 431]}], "size": 32, "samples": [{"hash": "j9pWkKmxJtF", "uri": "/contracts/j9pWkKmxJtF#remic-election", "label": "Underwriting Agreement (Wells Fargo Alternative Loan 2007-Pa6 Trust)", "score": 18.0, "published": true}, {"hash": "ibGjzZb9Pd8", "uri": "/contracts/ibGjzZb9Pd8#remic-election", "label": "Underwriting Agreement (Wells Fargo Mortgage Backed Securities 2007-12 Trust)", "score": 18.0, "published": true}, {"hash": "htJV4u9yU7y", "uri": "/contracts/htJV4u9yU7y#remic-election", "label": "Underwriting Agreement (Wells Fargo Mortgage Backed Securities 2007-11 Trust)", "score": 18.0, "published": true}], "hash": "1c0544fc822634f44786672ef095d71d", "id": 2}, {"snippet": "The Company intends to cause an election to be made to treat REMIC I and REMIC II as \"real estate mortgage investment conduits\" (each, a \"REMIC\") for federal income tax purposes. All of the Certificates issued by REMIC I and REMIC II, other than the Class R Certificate, will represent ownership of REMIC \"regular interests\". The Class R Certificate will represent ownership of the REMIC \"residual interest\" in REMIC I and REMIC II.", "snippet_links": [{"key": "the-company", "type": "definition", "offset": [0, 11]}, {"key": "an-election", "type": "clause", "offset": [29, 40]}, {"key": "remic-ii", "type": "definition", "offset": [73, 81]}, {"key": "mortgage-investment", "type": "definition", "offset": [98, 117]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [150, 177]}, {"key": "issued-by", "type": "definition", "offset": [203, 212]}, {"key": "the-class-r-certificate", "type": "definition", "offset": [246, 269]}, {"key": "regular-interests", "type": "definition", "offset": [306, 323]}, {"key": "certificate-will", "type": "definition", "offset": [338, 354]}, {"key": "the-remic", "type": "definition", "offset": [378, 387]}, {"key": "residual-interest", "type": "clause", "offset": [389, 406]}], "size": 22, "samples": [{"hash": "jFaIRwpzfli", "uri": "/contracts/jFaIRwpzfli#remic-election", "label": "Terms Agreement (Abn Amro Mortgage Corp Series 1999-5)", "score": 18.0, "published": true}, {"hash": "eqa1Y2OtW6x", "uri": "/contracts/eqa1Y2OtW6x#remic-election", "label": "Underwriting Agreement (Abn Amro Mortgage Corp Series 2002-1a)", "score": 16.0, "published": true}, {"hash": "dnS2hPH89HK", "uri": "/contracts/dnS2hPH89HK#remic-election", "label": "Underwriting Agreement (Abn Amro Mortgage Corp Series 2001-1)", "score": 16.0, "published": true}], "hash": "85ccd59eb97edea889f1cea921bd023f", "id": 3}, {"snippet": "(a) The Depositor hereby instructs and authorizes the Trustee to make appropriate elections to treat each of the Subsidiary REMIC and the Master REMIC as a REMIC. This Agreement shall be construed so as to carry out the intention of the parties that each REMIC Pool be treated as a REMIC at all times prior to the date on which the Trust Fund is terminated. The Closing Date is hereby designated as the \"startup day\" of each REMIC Pool within the meaning of Section 860G(a)(9) of the Code. The \"regular interests\" (within the meaning of Section 860G(a)(1) of the Code) in the Master REMIC shall consist of the Class A Certificates (other than the Class A-R Certificate), the Class M Certificates and the Class B Certificates, and the \"residual interest\" (within the meaning of Section 860G(a)(2) of the Code) in the Master REMIC shall consist of the Master Residual Interest, and all such interests shall be designated as such on the Startup Day. The \"regular interests\" (within the meaning of Section 860G(a)(1) of the Code) in the Subsidiary REMIC shall consist of the Subsidiary Regular Interests and the \"residual interest\" (within the meaning of Section 860G(a)(2) of the Code) in the Subsidiary REMIC shall consist of the Subsidiary Residual Interest and all such interests shall be designated as such on the Startup Date. The regular interests in the Subsidiary REMIC shall be held by the Master REMIC at all times and shall not be transferable under any circumstances.\n(b) All payments with respect to the Class IA-1, Class IIIA-1, Class IIIA-2, Class IIIA-3, Class M, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates shall be considered to have been made solely from the First Subsidiary Regular Interest. All payments with respect to the Class IIA-1 and Class IIA-2 Certificates shall be considered to have been made solely from the Second Subsidiary Regular Interest. All payments with respect to the Class A-P Certificates shall be considered to have been made solely from the Third Subsidiary Regular Interest. All payments with respect to Class A-X Certificates shall be considered to have been made solely from the Fourth Subsidiary Regular Interest.", "snippet_links": [{"key": "the-depositor", "type": "definition", "offset": [4, 17]}, {"key": "the-trustee", "type": "clause", "offset": [50, 61]}, {"key": "the-subsidiary-remic", "type": "clause", "offset": [109, 129]}, {"key": "the-master-remic", "type": "clause", "offset": [134, 150]}, {"key": "this-agreement", "type": "clause", "offset": [163, 177]}, {"key": "the-intention-of-the-parties", "type": "clause", "offset": [216, 244]}, {"key": "remic-pool", "type": "definition", "offset": [255, 265]}, {"key": "at-all-times", "type": "definition", "offset": [288, 300]}, {"key": "prior-to-the", "type": "clause", "offset": [301, 313]}, {"key": "the-trust-fund", "type": "clause", "offset": [328, 342]}, {"key": "the-closing-date", "type": "clause", "offset": [358, 374]}, {"key": "startup-day", "type": "definition", "offset": [404, 415]}, {"key": "meaning-of", "type": "clause", "offset": [447, 457]}, {"key": "the-code", "type": "clause", "offset": [480, 488]}, {"key": "consist-of", "type": "clause", "offset": [595, 605]}, {"key": "the-class-a-certificates", "type": "clause", "offset": [606, 630]}, {"key": "class-m-certificates", "type": "definition", "offset": [675, 695]}, {"key": "the-class-b-certificates", "type": "clause", "offset": [700, 724]}, {"key": "master-residual-interest", "type": "definition", "offset": [850, 874]}, {"key": "subsidiary-regular-interests", "type": "definition", "offset": [1071, 1099]}, {"key": "subsidiary-residual-interest", "type": "definition", "offset": [1228, 1256]}, {"key": "startup-date", "type": "definition", "offset": [1315, 1327]}, {"key": "all-payments", "type": "clause", "offset": [1481, 1493]}, {"key": "to-the-class", "type": "clause", "offset": [1507, 1519]}, {"key": "class-b-2", "type": "definition", "offset": [1588, 1597]}, {"key": "class-b-5-certificates", "type": "definition", "offset": [1624, 1646]}, {"key": "class-iia-2-certificates", "type": "definition", "offset": [1785, 1809]}], "size": 19, "samples": [{"hash": "6CKOftl7PF", "uri": "/contracts/6CKOftl7PF#remic-election", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}], "hash": "f6778c69736b13763c773b42e331cf8a", "id": 4}, {"snippet": "57 SECTION 2.08. Covenants of the Subservicer..........................................................58 SECTION 2.09. Representations of the Master Servicer................................................58", "snippet_links": [{"key": "covenants-of-the-subservicer", "type": "clause", "offset": [17, 45]}, {"key": "representations-of-the-master-servicer", "type": "clause", "offset": [120, 158]}], "size": 13, "samples": [{"hash": "4BQM26jORns", "uri": "/contracts/4BQM26jORns#remic-election", "label": "Pooling and Servicing Agreement (Chase Funding Inc)", "score": 18.0, "published": true}], "hash": "9495fb44451f94a80fe0349dd99ead3c", "id": 5}, {"snippet": "The Company intends to cause an election to be made to treat REMIC I and REMIC II as \"real estate mortgage investment conduits\" (each, a \"REMIC\") for federal income tax purposes. All of the Certificates issued by REMIC I and REMIC II, other than the Class R Certificate, will represent ownership of REMIC \"regular interests\". The Class R Certificate will represent ownership of the REMIC \"residual interest\" in REMIC I and REMIC II. Credit Enhancement: Senior/Subordinated: Shifting interest Cut-off Date: The Cut-off Date is October 1, 1999. Distribution Date: The 25th day of each month (or, if such 25th day is not a business day, the business day immediately following) commencing November 1999.", "snippet_links": [{"key": "the-company", "type": "definition", "offset": [0, 11]}, {"key": "an-election", "type": "clause", "offset": [29, 40]}, {"key": "remic-ii", "type": "definition", "offset": [73, 81]}, {"key": "mortgage-investment", "type": "definition", "offset": [98, 117]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [150, 177]}, {"key": "issued-by", "type": "definition", "offset": [203, 212]}, {"key": "the-class-r-certificate", "type": "definition", "offset": [246, 269]}, {"key": "regular-interests", "type": "definition", "offset": [306, 323]}, {"key": "certificate-will", "type": "definition", "offset": [338, 354]}, {"key": "the-remic", "type": "definition", "offset": [378, 387]}, {"key": "residual-interest", "type": "clause", "offset": [389, 406]}, {"key": "credit-enhancement", "type": "clause", "offset": [433, 451]}, {"key": "october-1", "type": "definition", "offset": [526, 535]}, {"key": "distribution-date", "type": "definition", "offset": [543, 560]}, {"key": "day-of", "type": "clause", "offset": [571, 577]}, {"key": "not-a-business-day", "type": "clause", "offset": [614, 632]}, {"key": "the-business", "type": "clause", "offset": [634, 646]}, {"key": "commencing-november", "type": "clause", "offset": [674, 693]}], "size": 11, "samples": [{"hash": "83f66KA0o6D", "uri": "/contracts/83f66KA0o6D#remic-election", "label": "Terms Agreement (Abn Amro Mortgage Corp Series 1999-7)", "score": 15.0, "published": true}], "hash": "d76a5be0c89a1098d3a9ad134f3dc30d", "id": 6}, {"snippet": "(a) The Depositor hereby instructs and authorizes the Trustee to make an appropriate election to treat each of the Master REMIC and the Subsidiary REMIC as a REMIC. This Agreement shall be construed so as to carry out the intention of the parties that the Master REMIC and the Subsidiary REMIC each be treated as a REMIC at all times prior to the date on which the Trust Fund is terminated.\n(b) The Preliminary Statement sets forth the designations and \"latest possible maturity date\" for federal income tax purposes of all interests created hereby. The \"Startup Date\" for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC's fiscal year shall be the calendar year. The Subsidiary REMIC will consist of all of the assets of the Trust Fund (other than the uncertificated interests issued by such REMIC). The Subsidiary REMIC will issue two interests, Subsidiary REMIC Interest I and Subsidiary REMIC Interest II, that shall be designated as regular interests of such REMIC and shall issue the SR Interest that shall be designated as the sole class of residual interest in the Subsidiary REMIC.", "snippet_links": [{"key": "the-depositor", "type": "definition", "offset": [4, 17]}, {"key": "the-trustee", "type": "clause", "offset": [50, 61]}, {"key": "an-appropriate", "type": "clause", "offset": [70, 84]}, {"key": "the-master-remic", "type": "clause", "offset": [111, 127]}, {"key": "the-subsidiary-remic", "type": "clause", "offset": [132, 152]}, {"key": "this-agreement", "type": "clause", "offset": [165, 179]}, {"key": "the-intention-of-the-parties", "type": "clause", "offset": [218, 246]}, {"key": "at-all-times", "type": "definition", "offset": [321, 333]}, {"key": "prior-to-the", "type": "clause", "offset": [334, 346]}, {"key": "the-trust-fund", "type": "clause", "offset": [361, 375]}, {"key": "preliminary-statement", "type": "definition", "offset": [399, 420]}, {"key": "latest-possible-maturity-date", "type": "clause", "offset": [454, 483]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [489, 516]}, {"key": "startup-date", "type": "definition", "offset": [555, 567]}, {"key": "remic-provisions", "type": "definition", "offset": [589, 605]}, {"key": "the-closing-date", "type": "clause", "offset": [615, 631]}, {"key": "each-remic", "type": "definition", "offset": [633, 643]}, {"key": "fiscal-year", "type": "definition", "offset": [646, 657]}, {"key": "calendar-year", "type": "clause", "offset": [671, 684]}, {"key": "consist-of", "type": "clause", "offset": [712, 722]}, {"key": "assets-of-the-trust", "type": "clause", "offset": [734, 753]}, {"key": "uncertificated-interests", "type": "definition", "offset": [775, 799]}, {"key": "issued-by", "type": "definition", "offset": [800, 809]}, {"key": "subsidiary-remic-interest-ii", "type": "definition", "offset": [902, 930]}, {"key": "regular-interests", "type": "definition", "offset": [960, 977]}, {"key": "sr-interest", "type": "definition", "offset": [1012, 1023]}, {"key": "class-of", "type": "definition", "offset": [1061, 1069]}, {"key": "residual-interest", "type": "clause", "offset": [1070, 1087]}], "size": 10, "samples": [{"hash": "kdQLPKN50Ii", "uri": "/contracts/kdQLPKN50Ii#remic-election", "label": "Pooling and Servicing Agreement (Chase Funding Inc)", "score": 18.0, "published": true}, {"hash": "jrodtkkNzDP", "uri": "/contracts/jrodtkkNzDP#remic-election", "label": "Pooling and Servicing Agreement (Chase Funding Inc)", "score": 18.0, "published": true}, {"hash": "fQNgAIeejTT", "uri": "/contracts/fQNgAIeejTT#remic-election", "label": "Pooling and Servicing Agreement (Chase Funding Inc)", "score": 18.0, "published": true}], "hash": "bf7c5d2384c591dca671ed7f3d295270", "id": 7}, {"snippet": "It is intended that each discrete group of Trust Fund assets included in a REMIC Pool formed under this Agreement shall constitute, and the affairs of each such REMIC Pool shall be conducted so as to qualify as, a REMIC. The provisions of the Agreement shall be construed so as to carry out this intention. In furtherance of such intention, the Administrator is authorized to and covenants that it shall (a) prepare and file, or cause to be prepared and filed, REMIC federal tax returns, using the calendar year as the taxable year, for each such REMIC Pool when and as required by the Code, electing on the first REMIC return to have the REMIC Pool treated as a REMIC;", "snippet_links": [{"key": "assets-included", "type": "clause", "offset": [54, 69]}, {"key": "remic-pool", "type": "definition", "offset": [75, 85]}, {"key": "this-agreement", "type": "clause", "offset": [99, 113]}, {"key": "to-qualify", "type": "clause", "offset": [197, 207]}, {"key": "provisions-of-the-agreement", "type": "clause", "offset": [225, 252]}, {"key": "the-administrator", "type": "clause", "offset": [341, 358]}, {"key": "and-covenants", "type": "clause", "offset": [376, 389]}, {"key": "be-prepared", "type": "clause", "offset": [438, 449]}, {"key": "federal-tax-returns", "type": "clause", "offset": [467, 486]}, {"key": "calendar-year", "type": "clause", "offset": [498, 511]}, {"key": "taxable-year", "type": "definition", "offset": [519, 531]}, {"key": "as-required-by", "type": "clause", "offset": [567, 581]}, {"key": "the-code", "type": "clause", "offset": [582, 590]}, {"key": "return-to", "type": "definition", "offset": [620, 629]}, {"key": "the-remic", "type": "definition", "offset": [635, 644]}], "size": 9, "samples": [{"hash": "h5zNCZyAURE", "uri": "/contracts/h5zNCZyAURE#remic-election", "label": "Master Trust Agreement", "score": 30.8627353913, "published": true}, {"hash": "6vnZALfCfYQ", "uri": "/contracts/6vnZALfCfYQ#remic-election", "label": "Multiclass Certificates Master Trust Agreement", "score": 30.1564945556, "published": true}, {"hash": "b2xK5da8U7p", "uri": "/contracts/b2xK5da8U7p#remic-election", "label": "Multiclass Certificates Master Trust Agreement", "score": 28.0843072974, "published": true}], "hash": "0a79b4b2db0f38f037ef35f3ea82679f", "id": 8}, {"snippet": "It is intended that each discrete group of Trust Fund assets included in a REMIC Pool formed under this Agreement shall constitute, and the affairs of each such REMIC Pool shall be conducted so as to qualify as, a REMIC. The provisions of the Agreement shall be construed so as to carry out this intention. In furtherance of such intention, the Administrator is authorized to and covenants that it shall (a) prepare and file, or cause to be prepared and filed, REMIC federal tax returns, using the calendar year as the taxable year, for each such REMIC Pool when and as required by the Code, electing on the first REMIC return to have the REMIC Pool treated as a REMIC; (b) conduct the affairs of each REMIC Pool so as to maintain the status thereof as a REMIC under the Code; (c) not knowingly or intentionally take any action or omit to take any action that would cause the termination of the REMIC status of any REMIC Pool; and (d) hold harmless and indemnify the Holders of the Residual Class against any liability on account of any federal tax (including interest and penalties), or any state or local tax (including interest and penalties) incurred by virtue of the Administrator\u2019s administration of the REMIC Pool in Virginia, imposed on the related REMIC Pool, to the extent that any such tax shall be paid or payable by such Holders or shall be payable out of the assets of the REMIC Pool otherwise payable to the Holders.", "snippet_links": [{"key": "assets-included", "type": "clause", "offset": [54, 69]}, {"key": "remic-pool", "type": "definition", "offset": [75, 85]}, {"key": "this-agreement", "type": "clause", "offset": [99, 113]}, {"key": "to-qualify", "type": "clause", "offset": [197, 207]}, {"key": "provisions-of-the-agreement", "type": "clause", "offset": [225, 252]}, {"key": "the-administrator", "type": "clause", "offset": [341, 358]}, {"key": "and-covenants", "type": "clause", "offset": [376, 389]}, {"key": "be-prepared", "type": "clause", "offset": [438, 449]}, {"key": "federal-tax-returns", "type": "clause", "offset": [467, 486]}, {"key": "calendar-year", "type": "clause", "offset": [498, 511]}, {"key": "taxable-year", "type": "definition", "offset": [519, 531]}, {"key": "as-required-by", "type": "clause", "offset": [567, 581]}, {"key": "the-code", "type": "clause", "offset": [582, 590]}, {"key": "return-to", "type": "definition", "offset": [620, 629]}, {"key": "the-remic", "type": "definition", "offset": [635, 644]}, {"key": "each-remic", "type": "definition", "offset": [697, 707]}, {"key": "to-maintain", "type": "clause", "offset": [719, 730]}, {"key": "any-action", "type": "definition", "offset": [817, 827]}, {"key": "termination-of-the", "type": "clause", "offset": [876, 894]}, {"key": "status-of", "type": "clause", "offset": [901, 910]}, {"key": "hold-harmless-and-indemnify", "type": "clause", "offset": [935, 962]}, {"key": "holders-of", "type": "clause", "offset": [967, 977]}, {"key": "residual-class", "type": "definition", "offset": [982, 996]}, {"key": "interest-and-penalties", "type": "definition", "offset": [1060, 1082]}, {"key": "state-or-local-tax", "type": "definition", "offset": [1092, 1110]}, {"key": "administration-of-the", "type": "clause", "offset": [1188, 1209]}, {"key": "to-the-extent", "type": "clause", "offset": [1269, 1282]}, {"key": "the-assets", "type": "clause", "offset": [1369, 1379]}, {"key": "payable-to", "type": "definition", "offset": [1408, 1418]}], "size": 7, "samples": [{"hash": "hWyQvehvw3t", "uri": "/contracts/hWyQvehvw3t#remic-election", "label": "Master Trust Agreement", "score": 35.2652154028, "published": true}, {"hash": "c5H9cUy4Y0", "uri": "/contracts/c5H9cUy4Y0#remic-election", "label": "Multiclass Certificates Master Trust Agreement", "score": 35.1388930163, "published": true}, {"hash": "5zesaQHLWDZ", "uri": "/contracts/5zesaQHLWDZ#remic-election", "label": "Multiclass Certificates Master Trust Agreement", "score": 34.0409215917, "published": true}], "hash": "43dbc0a8bd6fe8969c17c8a67f31d443", "id": 9}, {"snippet": "(a) The Depositor hereby instructs and authorizes the Trustee to make an appropriate election to treat the Trust Fund as a REMIC. This Agreement shall be construed so as to carry out the intention of the parties that the Trust Fund be treated as a REMIC at all times prior to the date on which the Trust Fund is terminated. The Closing Date is hereby designated as the \"startup day\" of the REMIC within the meaning of Section 860G(a)(9) of the Code. The \"regular interests\" (within the meaning of Section 860G(a)(1) of the Code) in the REMIC shall consist of the Class A Certificates (exclusive of the Class A-R Certificate), the Class M Certificates and the Class B Certificates, and the \"residual interest\" (within the meaning of Section 860G(a)(2) of the Code) in the REMIC shall consist of the Residual Interest, and all such interests shall be designated as such on the Startup Day.\n(b) [Reserved]", "snippet_links": [{"key": "the-depositor", "type": "definition", "offset": [4, 17]}, {"key": "the-trustee", "type": "clause", "offset": [50, 61]}, {"key": "an-appropriate", "type": "clause", "offset": [70, 84]}, {"key": "the-trust-fund", "type": "clause", "offset": [103, 117]}, {"key": "this-agreement", "type": "clause", "offset": [130, 144]}, {"key": "the-intention-of-the-parties", "type": "clause", "offset": [183, 211]}, {"key": "at-all-times", "type": "definition", "offset": [254, 266]}, {"key": "prior-to-the", "type": "clause", "offset": [267, 279]}, {"key": "the-closing-date", "type": "clause", "offset": [324, 340]}, {"key": "startup-day", "type": "definition", "offset": [370, 381]}, {"key": "the-remic", "type": "definition", "offset": [386, 395]}, {"key": "meaning-of", "type": "clause", "offset": [407, 417]}, {"key": "the-code", "type": "clause", "offset": [440, 448]}, {"key": "regular-interests", "type": "definition", "offset": [455, 472]}, {"key": "consist-of", "type": "clause", "offset": [548, 558]}, {"key": "the-class-a-certificates", "type": "clause", "offset": [559, 583]}, {"key": "class-m-certificates", "type": "definition", "offset": [630, 650]}, {"key": "the-class-b-certificates", "type": "clause", "offset": [655, 679]}, {"key": "the-residual-interest", "type": "clause", "offset": [794, 815]}], "size": 6, "samples": [{"hash": "do0QQNngZwN", "uri": "/contracts/do0QQNngZwN#remic-election", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}, {"hash": "5lP7tDPcv8h", "uri": "/contracts/5lP7tDPcv8h#remic-election", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}, {"hash": "19wB2C7TJDj", "uri": "/contracts/19wB2C7TJDj#remic-election", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}], "hash": "d64be7df5c5c1e271d2b72083370838f", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhdyZW1pYy1lbGVjdGlvbiMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["conveyance-of-mortgage-loans-trust-fund", "CONVEYANCE OF MORTGAGE LOANS; TRUST FUND"], ["conveyance-of-mortgage-loans-representations-and-warranties", "Conveyance of Mortgage Loans Representations and Warranties"], ["formation-of-trust-conveyance-of-mortgage-loans", "FORMATION OF TRUST; CONVEYANCE OF MORTGAGE LOANS"], ["additional-trust-termination-requirements", "Additional Trust Termination Requirements"], ["trust-status-and-related-assignments-of-specified-trust-assets", "Trust Status and Related Assignments of Specified Trust Assets"]], "size": 207, "children": [["", ""], ["solely-for-the-purposes-of-section", "Solely for the purposes of Section"], ["transfer-of-servicing", "Transfer of Servicing"], ["notice-to-taxing-authorities-insurance-companies-and-hud-if-applicable", "Notice to Taxing Authorities, Insurance Companies and HUD (if applicable)"], ["subservicers", "Subservicers"]], "title": "REMIC Election", "id": "remic-election", "related": [["remic-elections", "REMIC Elections", "<strong>REMIC Elections</strong>"], ["83b-election", "83(b) Election", "83(b) Election"], ["section-754-election", "Section 754 Election", "Section 754 Election"], ["remic", "REMIC", "REMIC"], ["remic-distributions", "REMIC Distributions", "REMIC Distributions"]], "related_snippets": [], "updated": "2025-07-07T12:37:39+00:00"}, "json": true, "cursor": ""}}