REMIC Matters. The Preliminary Statement sets forth the designations as “regular interests” or “residual interests” and “latest possible maturity date” for federal income tax purposes of all interests created hereby. The “Startup Day” for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s fiscal year shall be the calendar year.
Appears in 69 contracts
Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (MASTR Seasoned Securitization Trust 2004-1), Pooling and Servicing Agreement (STARM Mortgage Loan Trust 2007-S1)
REMIC Matters. The Preliminary Statement sets forth the designations as “regular interests” or “residual interests” and “latest possible maturity date” for federal income tax purposes of all interests created hereby. The “Startup Day” for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s REMIC shall have the calendar year as its fiscal year and shall be use the calendar yearaccrual method of accounting.
Appears in 18 contracts
Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-Hf2), Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2007-Hf1), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-1)
REMIC Matters. (a) The Preliminary Statement sets forth the designations as “"regular interests” " or “"residual interests” " and “"latest possible maturity date” " for federal income tax purposes of all interests created hereby. The “"Startup Day” " for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s REMIC shall have the calendar year as its fiscal year and shall be use the calendar yearaccrual method of accounting.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-9), Pooling and Servicing Agreement (Master Adjustable Rate Mortgages Trust 2004-2), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-9)
REMIC Matters. The Preliminary Statement sets forth the designations as “"regular interests” " or “"residual interests” " and “"latest possible maturity date” " for federal income tax purposes of all interests created hereby. The “"Startup Day” " for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s REMIC shall have the calendar year as its fiscal year and shall be use the calendar yearaccrual method of accounting.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages 2005-1), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-15), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages 2005-2)
REMIC Matters. The Preliminary Statement sets forth the designations as “regular interests” or “residual interests” and “"latest possible maturity date” " for federal income tax purposes of all interests created herebyunder this Agreement. The “"Startup Day” " for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s 's fiscal year shall be the calendar year.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDA Mortgage Loan Trust 2007-Ar6), Pooling and Servicing Agreement (Residential Asset Securitization Trust 2006-A7cb)
REMIC Matters. The Preliminary Statement sets forth the designations as “"regular interests” " or “"residual interests” " and “"latest possible maturity date” " for federal income tax purposes of all interests created hereby. The “"Startup Day” " of the REMIC constituted by the Trust Fund for purposes of the REMIC Provisions shall be the Closing Date. Each The REMIC’s 's fiscal year shall be the calendar year.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mor Pass THR Cer Ser 2002-2)
REMIC Matters. The Preliminary Statement sets forth the designations as “"regular interests” " or “"residual interests” " and “"latest possible maturity date” " for federal income tax purposes of all interests created hereby. The “"Startup Day” " for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s 's fiscal year shall be the calendar year.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mastr Alt Loan Tr 2003-5)
REMIC Matters. The Preliminary Statement sets forth the designations as “"regular interests” " or “"residual interests” " and “"latest possible maturity date” " for federal income tax purposes of all interests created hereby. The “"Startup Day” " of the Upper-Tier REMIC and the Lower-Tier REMIC for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s 's fiscal year shall be the calendar year.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pass THR Cert Ser 2002 1)
REMIC Matters. (a) The Preliminary Statement sets forth the designations as “"regular interests” " or “"residual interests” and “latest possible maturity date” " for federal income tax purposes of all interests created hereby. The “"Startup Day” " and the "latest possible maturity date" for purposes of the REMIC Provisions shall be the Closing Date and the Latest Possible Maturity Date, respectively. Each REMIC’s The Trust REMIC shall have the calendar year as its fiscal year and shall be use the calendar yearaccrual method of accounting.
Appears in 1 contract
Samples: Trust Agreement (Bcap 2006-Rr1)
REMIC Matters. (a) The Preliminary Statement sets forth the designations as “regular interests” or “residual interests” and “latest possible maturity date” for federal income tax purposes of all interests created hereby. The “Startup Day” for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC’s The fiscal year of each REMIC designated hereunder shall be the calendar year.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mellon Residential Funding Corp)
REMIC Matters. (a) The Preliminary Statement sets forth the designations as “"regular interests” " or “"residual interests” " and “"latest possible maturity date” " for federal income tax purposes of all interests created hereby. The “"Startup Day” " of each Trust REMIC constituted by the Trust Fund for purposes of the REMIC Provisions shall be the Closing Date. Each Trust REMIC’s 's fiscal year shall be the calendar year.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Master Adjustable Rate Mortgages Trust 2003-1)
