Common use of REMIC-Related Covenants Clause in Contracts

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and avoid the imposition of tax on any REMIC created hereunder. In particular:

Appears in 13 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-5 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-2 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-3 Trust)

AutoNDA by SimpleDocs

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and avoid the imposition of tax on any each REMIC created hereunder. In particular:

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-E Trust), Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-F Trust)

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and avoid the imposition of tax on any each REMIC created hereunder. In particular:

Appears in 3 contracts

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

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and each grantor trust created hereunder as a grantor trust and avoid the imposition of tax on any REMIC or grantor trust created hereunder. In particular:

Appears in 2 contracts

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

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC within the meaning of the Code and related regulations and avoid the imposition of tax on any REMIC created hereunder. In particular:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding 2007-8 Trust)

REMIC-Related Covenants. For as long as any the REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the each Master Servicer shall act in accordance herewith to assure continuing treatment of each the REMIC created hereunder as a REMIC and avoid the imposition of tax on any the REMIC created hereunder. In particular:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-1 Trust)

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the each Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and avoid the imposition of tax on any REMIC created hereunder. In particular:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-4)

AutoNDA by SimpleDocs

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor Depositor, NYMT Servicing, the Subservicer and the Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and avoid the imposition of tax on any REMIC created hereunder. In particular:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (NYMT Securities CORP)

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and avoid the imposition of tax on any each REMIC created hereunder. In particular:

Appears in 1 contract

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

REMIC-Related Covenants. For as long as any REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the each Master Servicer shall act in accordance herewith to assure continuing treatment of each REMIC created hereunder as a REMIC and avoid the imposition of tax on any each REMIC created hereunder. In particular:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-D)

REMIC-Related Covenants. For as long as any the REMIC created hereunder shall exist, the Trustee, the Securities Administrator, the Depositor and the Master Servicer shall act in accordance herewith to assure continuing treatment of each the REMIC created hereunder as a REMIC and avoid the imposition of tax on any the REMIC created hereunder. In particular:

Appears in 1 contract

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

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