REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 (1) 5.00% 1A-2 MT-1A-3 (1) 5.00% 1A-3 MT-1A-4 (1) 5.00% 1A-4 MT-1A-5 (1) 5.00% 1A-5 MT-2A-4 (1) 5.75% 2A-4 MT-2A-6 (1) 5.75% 2A-6 MT-2A-7 (1) 5.75% 2A-7 MT-2A-8 (1) 5.75% 2A-8 MT-2A-9 (1) 5.75% 2A-9 MT-2A-10 (1) 5.75% 2A-10 MT-3A-3 (1) 6.00% 3A-3 MT-3A-4 (1) 6.00% 3A-4 MT-3A-6 (1) 6.00% 3A-6 MT-3A-7 (1) 6.00% 3A-7 MT-3A-8 (1) 6.00% 3A-8 MT-4A-1 (1) 7.00% 4A-1, 4A-2 MT-A-X (2) 6.00% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) R (1) This initial Class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate. (2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount. (3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination). (4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 2 contracts
Samples: Trust Agreement (GSR Mortgage Loan Trust 2007-4f), Trust Agreement (GSR Mortgage Loan Trust 2007-3f)
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 MT-1A-1 (1) 5.00% 1A-2 MT-1A-3 1A-1 MT-2A-2 (1) 5.005.75% 1A-3 MT-1A-4 (1) 5.00% 1A-4 MT-1A-5 (1) 5.00% 1A-5 2A-2 MT-2A-4 (1) 5.75% 2A-4 MT-2A-6 (1) 5.75% 2A-6 MT-2A-7 (1) 5.75% 2A-7 MT-2A-8 (1) 5.75% 2A-8 MT-2A-9 MT-3A-1 (1) 5.756.00% 2A-9 MT-2A-10 (1) 5.75% 2A-10 3A-1 MT-3A-3 (1) 6.00% 3A-3 MT-3A-4 (1) 6.00% 3A-4 MT-3A-5 (1) 6.00% 3A-5 MT-3A-6 (1) 6.00% 3A-6 MT-3A-7 (1) 6.00% 3A-7 MT-3A-8 (1) 6.00% 3A-8 MT-3A-9 (1) 6.00% 3A-9 MT-3A-10 (1) 6.00% 3A-10 MT-4A-1 (1) 7.00% 4A-1, 4A-2 MT-5A-1 (1) 5.50% 5A-1 MT-6A-1 (1) 6.00% 6A-1 MT-7A-1 (1) 6.50% 7A-1 MT-A-X (2) 6.00% A-X MT-A-P (1) 0.00% A-P MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) R
(1) This initial Class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 2 contracts
Samples: Trust Agreement (GSR Mortgage Loan Trust 2007-4f), Trust Agreement (GSR Mortgage Loan Trust 2007-4f)
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 MT-1A-1 (1) 5.00% 1A-2 MT-1A-3 1A-1 MT-2A-1 (1) 5.005.75% 1A-3 MT-1A-4 2A-1 MT-2A-2 (1) 5.005.75% 1A-4 MT-1A-5 2A-2 MT-2A-3 (1) 5.005.75% 1A-5 2A-3 MT-2A-4 (1) 5.75% 2A-4 MT-2A-6 (1) 5.75% 2A-6 MT-2A-7 (1) 5.75% 2A-7 MT-2A-8 (1) 5.756.00% 2A-8 MT-2A-9 (1) 5.750.00% 2A-9 MT-2A-10 (1) 0.00% 2A-10 MT-2A-11 (1) 6.00% 2A-11 MT-2A-12 (1) 6.00% 2A-12 MT-2A-13 (1) 5.75% 2A-10 2A-13 MT-2A-14 (1) 5.75% 2A-14 MT-2A-15 (1) 5.75% 2A-15 MT-2A-16 (1) 5.75% 2A-16 MT-2A-17 (1) 5.75% 2A-17 MT-2A-19 (1) 6.00% 2A-19 MT-2A-20 (1) 6.00% 2A-20 MT-3A-1 (1) 6.00% 3A-1, 3A-2 MT-3A-3 (1) 6.00% 3A-3 MT-3A-4 (1) 6.00% 3A-4 MT-3A-6 MT-3A-5 (1) 6.00% 3A-6 MT-3A-7 3A-5 MT-4A-1 (1) 7.50% 4A-1, 4A-2 MT-5A-1 (1) 4.50% 5A-1 MT-6A-1 (1) 6.00% 3A-7 MT-3A-8 6A-1 MT-7A-1 (1) 6.005.50% 3A-8 MT-4A-1 (1) 7.00% 4A-1, 4A-2 7A-1 MT-A-X (2) 6.007.00% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) RR _______________
(1) This initial Class class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the 1-B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 1 contract
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 (1) 5.005.50% 1A-2 MT-1A-3 (1) 5.005.50% 1A-3 MT-1A-4 (1) 5.005.50% 1A-4 MT-1A-5 MT-1A-6 (1) 5.005.50% 1A-5 1A-6 MT-1A-7 (1) 5.50% 1A-7 MT-2A-2 (1) 5.75% 2A-2 MT-2A-4 (1) 5.75% 2A-4 MT-2A-6 (1) 5.75% 2A-6 MT-2A-7 (1) 5.75% 2A-7 MT-2A-8 (1) 5.75% 2A-8 MT-2A-9 (1) 5.75% 2A-9 MT-2A-10 (1) 5.75% 2A-10 MT-3A-3 MT-3A-2 (1) 6.00% 3A-2, 3A-3 MT-3A-4 (1) 6.00% 3A-4 MT-3A-6 3A-4, 3A-5 MT-3A-12 (1) 6.00% 3A-6 MT-3A-7 3A-12 MT-3A-13 (1) 6.00% 3A-7 MT-3A-8 3A-13 MT-3A-14 (1) 6.00% 3A-8 3A-14 MT-3A-15 (1) 6.00% 3A-15 MT-3A-16 (1) 6.00% 3A-16 MT-3A-17 (1) 6.00% 3A-17 MT-4A-1 (1) 7.006.00% 4A-14A-1 MT-5A-1 (1) 7.50% 5A-1, 4A-2 5A-2 MT-A-P (1) 0.00% A-P MT-A-X (2) 6.00% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) RR _______________
(1) This initial Class class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 1 contract
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 MT-1A-1 (1) 5.00% 1A-2 MT-1A-3 (1) 5.00% 1A-3 MT-1A-4 (1) 5.00% 1A-4 MT-1A-5 (1) 5.00% 1A-5 MT-2A-4 (1) 5.75% 2A-4 MT-2A-6 (1) 5.75% 2A-6 MT-2A-7 (1) 5.75% 2A-7 MT-2A-8 (1) 5.75% 2A-8 MT-2A-9 (1) 5.75% 2A-9 MT-2A-10 (1) 5.75% 2A-10 MT-3A-3 1A-1 MT-2A-1 (1) 6.00% 3A-3 MT-3A-4 2A-1 MT-3A-1 (1) 6.25% 3A-1 MT-4A-2 (1) 7.00% 4A-2, 4A-3 MT-4A-4 (1) 0.00% 4A-4 MT-5A-1 (1) 7.00% 5A-1, 5A-2 MT-5A-3 (1) 7.00% 5A-3, 5A-2 MT-5A-4 (1) 7.00% 5A-4 MT-6A-1 (1) 7.50% 6A-1, 6A-2 MT-7A-1 (1) 4.50% 7A-1 MT-8A-1 (1) 5.50% 8A-1 MT-9A-1 (1) 6.00% 3A-4 MT-3A-6 (1) 6.00% 3A-6 MT-3A-7 (1) 6.00% 3A-7 MT-3A-8 (1) 6.00% 3A-8 MT-4A-1 (1) 7.00% 4A-1, 4A-2 9A-1 MT-A-X (2) 6.006.50% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) R
(1) This initial Class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 1 contract
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 MT-1A-1 (1) 5.00% 1A-2 MT-1A-3 (1) 5.00% 1A-3 MT-1A-4 (1) 5.00% 1A-4 MT-1A-5 (1) 5.00% 1A-5 1A-1 MT-2A-4 (1) 5.755.50% 2A-4 MT-2A-5 (1) 5.50% 2A-5 MT-2A-6 (1) 5.755.50% 2A-6 MT-2A-7 (1) 5.755.50% 2A-7 MT-2A-8 (1) 5.755.50% 2A-8 MT-2A-9 (1) 5.755.50% 2A-9 MT-2A-10 MT-3A-2 (1) 5.756.00% 2A-10 3A-2 MT-3A-3 (1) 6.00% 3A-3 MT-3A-4 (1) 6.00% 3A-4 3A-4, 3-A16 MT-3A-5 (1) 6.00% 3A-5 MT-3A-6 (1) 6.00% 3A-6 MT-3A-7 (1) 6.00% 3A-7 3A-6, 3-A7 MT-3A-8 (1) 6.00% 3A-8 MT-3A-9 (1) 6.00% 3A-9, 3-A10 MT-3A-11 (1) 6.00% 3A-11, 3A-10 MT-3A-13 (1) 6.00% 3A-13 MT-4A-1 (1) 7.00% 4A-1, 4A-2 MT-A-X (2) 6.007.00% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) R
(1) This initial Class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 1 contract
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 MT-1A-1 (1) 5.00% 1A-2 MT-1A-3 1A-1 MT-2A-1 (1) 5.006.00% 1A-3 MT-1A-4 2 MT-3A-1 (1) 5.006.25% 1A-4 MT-1A-5 (1) 5.00% 1A-5 MT-2A-4 (1) 5.75% 2A-4 MT-2A-6 (1) 5.75% 2A-6 MT-2A-7 (1) 5.75% 2A-7 MT-2A-8 (1) 5.75% 2A-8 MT-2A-9 (1) 5.75% 2A-9 MT-2A-10 (1) 5.75% 2A-10 3A-1, 3A-2 MT-3A-3 (1) 6.006.25% 3A-3 MT-3A-4 (1) 6.006.25% 3A-4 MT-3A-5 (1) 6.25% 3A-5 MT-3A-6 (1) 6.006.25% 3A-6 3A-6, 3A-9 MT-3A-7 (1) 6.006.25% 3A-7 MT-3A-8 (1) 6.006.25% 3A-8 MT-4A-1 (1) 7.006.50% 4A-14A-1 MT-4A-2 (1) 6.50% 4A-2 MT-4A-3 (1) 6.50% 4A-3 MT-4A-4 (1) 6.50% 4A-4 MT-4A-5 (1) 6.50% 4A-5, 4A-2 4A-6 MT-4A-7 (1) 6.50% 4A-7, 4A-8 MT-4A-9 (1) 6.50% 4A-9, 4A-10 MT-4A-12 (1) 6.50% 4A-12 MT-5A-1 (1) 7.50% 5A-1, 5A-2 MT-A-X (2) 6.007.00% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) R
(1) This initial Class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 1 contract
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 (1) 5.00% 1A-2 MT-1A-3 (1) 5.00% 1A-3 MT-1A-4 (1) 5.00% 1A-4 MT-1A-5 (1) 5.00% 1A-5 MT-2A-4 (1) 5.75% 2A-4 MT-2A-6 (1) 5.75% 2A-6 MT-2A-7 (1) 5.75% 2A-7 MT-2A-8 (1) 5.75% 2A-8 MT-2A-9 (1) 5.75% 2A-9 MT-2A-10 (1) 5.75% 2A-10 MT-3A-3 (1) 6.00% 3A-3 MT-3A-4 (1) 6.00% 3A-4 MT-3A-6 (1) 6.00% 3A-6 MT-3A-7 (1) 6.00% 3A-7 MT-3A-8 (1) 6.00% 3A-8 MT-3A-9 (1) 6.00% 3A-9 MT-3A-10 (1) 6.00% 3A-10 MT-4A-1 (1) 7.00% 4A-1, 4A-2 MT-A-P (1) 0.00% A-P MT-A-X (2) 6.00% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) R
(1) This initial Class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 1 contract
REMIC MT. REMIC MT shall issue the following Classes of Interests in book-entry form, with the designations, initial principal balances and Certificate Rates indicated, each of which shall be a Class of REMIC MT Interests: MT-1A-2 MT-1A-1 (1) 5.00% 1A-2 MT-1A-3 1A-1 MT-2A-3 (1) 5.005.50% 1A-3 MT-1A-4 (1) 5.00% 1A-4 MT-1A-5 (1) 5.00% 1A-5 2A-3 MT-2A-4 (1) 5.755.50% 2A-4 MT-2A-6 MT-2A-5 (1) 5.755.50% 2A-6 2A-5 MT-2A-7 (1) 5.755.50% 2A-7 MT-2A-8 (1) 5.755.50% 2A-8 MT-2A-9 (1) 5.75% 2A-9 MT-2A-10 (1) 5.755.50% 2A-10 MT-3A-3 MT-2A-11 (1) 5.50% 2A-11 MT-3A-1 (1) 6.00% 3A-3 MT-3A-4 3A-1 MT-3A-2 (1) 6.00% 3A-4 MT-3A-6 (1) 6.00% 3A-6 MT-3A-7 (1) 6.00% 3A-7 MT-3A-8 (1) 6.00% 3A-8 3A-2 MT-4A-1 (1) 7.007.50% 4A-1, 4A-2 MT-5A-3 (1) 5.50% 5A-3 MT-5A-4 (1) 5.50% 5A-4 MT-5A-5 (1) 5.50% 5A-5 MT-5A-7 (1) 5.50% 5A-7 MT-5A-8 (1) 5.50% 5A-8 MT-5A-10 (1) 5.50% 5A-10 MT-5A-11 (1) 5.50% 5A-11 MT-6A-1 (1) 6.50% 6A-1 MT-6A-2 (1) 6.50% 6A-2 MT-6A-3 (1) 6.50% 6A-3 MT-A-P (1) 0.00% A-P MT-A-X (2) 6.008.00% A-X MT-M-1 (1) (3) M-1 MT-B-1 (1) (3) B-1 MT-B-2 (1) (3) B-2 MT-B-3 (1) (3) B-3 MT-B-4 (1) (3) B-4 MT-B-5 (1) (3) B-5 MT-B-6 (1) (3) B-6 II-R (4) (4) RR _______________
(1) This initial Class principal balance for this Interest shall equal the Initial Class Principal Balance of its Corresponding Class of Certificates, but shall not include the Notional Amount of any related Interest Only Certificate.
(2) This interest shall have a notional balance, which for any Distribution Date shall be equal to the Class A-X Notional Amount.
(3) For each Distribution Date (and the related Interest Accrual Period) this Interest shall bear interest at a per annum rate equal to the B Average Rate, adjusted to take into account the sum of any expenses payable to the Securities Administrator or the Trustee (to the extent (i) not taken into account in computing the Net Rate of any Mortgage Loan, (ii) such expense is not an “unanticipated expense” within the meaning of the Treasury Regulation Section 1.860G-1(b)(3)(ii) and (iii) such expense was not taken into account in computing the interest rate of an interest with a greater level of subordination).
(4) The Class II-R interest shall not be entitled to payments of principal or interest.
Appears in 1 contract
Samples: Trust Agreement (GSR 2006-4f)