REMIC Status. (a) The parties hereto intend that each REMIC created hereunder shall constitute, and that the affairs of each REMIC created hereunder shall be conducted so as to qualify it as a REMIC in accordance with the REMIC Provisions. In furtherance of such intention, JPMorgan Chase Bank, National Association, or such other person designated pursuant to Section 11.18 hereof shall act as agent for the Trust and as Tax Matters Person for the Trust and that in such capacity it shall: (i) prepare or cause to be prepared and filed, at its own expense, in a timely manner, annual tax returns and any other tax return required to be filed by each REMIC created hereunder using a calendar year as the taxable year for such REMIC; (ii) in the related first such tax return, make (or cause to be made) an election satisfying the requirements of the REMIC Provisions, on behalf of each REMIC created hereunder, for it to be treated as a REMIC; (iii) at the Tax Matters Person’s expense, prepare and forward, or cause to be prepared and forwarded, to the Owners all information, reports or tax returns required with respect to each REMIC created hereunder, including Schedule Q to Form 1066, as, when and in the form required to be provided to the Owners, and to the Internal Revenue Service and any other relevant governmental taxing authority in accordance with the REMIC Provisions and any other applicable federal, state or local laws, including without limitation information reports relating to “original issue discount” as defined in the Code based upon the prepayment assumption and calculated by using the “Issue Price” (within the meaning of Section 1273 of the Code) of the Certificates of the related Class; provided that the tax return filed on Schedule Q to Form 1066 shall be prepared and forwarded to the Owners of the Class R Certificates no later than 50 days after the end of the period to which such tax return was due; (iv) not take any action or omit to take any action that would cause the termination of the REMIC status of any REMIC created hereunder, except as provided under this Agreement; (v) represent the Trust or each REMIC created hereunder in any administrative or judicial proceedings relating to an examination or audit by any governmental taxing authority, request an administrative adjustment as to a taxable year of the Trust or each REMIC created hereunder, enter into settlement agreements with any governmental taxing agency, extend any statute of limitations relating to a...
REMIC Status. The Mortgage Loan is a qualified mortgage for inclusion in a "real estate mortgage investment conduit" for federal income tax purposes;
REMIC Status. The Servicer is hereby notified, and the Servicer hereby acknowledges such notice, that the Mortgage Loans will be held in a securitization pursuant to which a REMIC election will be made.
REMIC Status. The Servicer is hereby notified, and the Servicer hereby acknowledges such notice, that the Mortgage Loans will be held in a securitization pursuant to which a REMIC election will be made. Executed as of the day and year first above written. XXXXXXXXX MORTGAGE HOME LOANS, INC., as Seller By: /s/ Xxxxxxx X. Xxxxx Name: Xxxxxxx X. Xxxxx Title: Vice President XXXXXX XXXXXXX XXXX XXXXXX CREDIT CORPORATION, as Servicer By: /s/ Xxxxx X. Xxxxxxxx Name: Xxxxx X. Xxxxxxxx Title: Vice President XXXXX FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as Master Servicer By: /s/ Xxxxx X. Xxxxxxxxx Name: Xxxxx X. Xxxxxxxxx Title: Vice President Acknowledged By: DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee on behalf of Xxxxxxxxx Mortgage Securities Trust 2002-2 By: /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Associate EXHIBIT A Modifications to the Master Servicing Agreement
REMIC Status. 116 Section 11.17 Additional Limitation on Action and Imposition of Tax. 118 Section 11.18 Appointment of Tax Matters Person..................... 119 Section 11.19 The Certificate Insurer............................... 119 Section 11.20 Reserved.............................................. 119 Section 11.21 Third Party Rights.................................... 119 Section 11.22 Notices............................................... 120 Section 11.23
REMIC Status. 103 Section 11.17 Additional Limitation on Action and Imposition of Tax................................105 Section 11.18 Appointment of Tax Matters Person....................................................105 Section 11.19 Third Party Rights...................................................................105 Section 11.20 Notices..............................................................................106 Section 11.21 Rule 144A Information................................................................107 SCHEDULE I SCHEDULE OF HOME EQUITY LOANS EXHIBIT A-1 FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 CERTIFICATE EXHIBIT A-4 FORM OF CLASS A-4 CERTIFICATE EXHIBIT A-5 FORM OF CLASS A-5 CERTIFICATE EXHIBIT A-6 FORM OF CLASS A-6 CERTIFICATE EXHIBIT A-7 FORM OF CLASS A-7 CERTIFICATE EXHIBIT B-1 FORM OF CLASS M-1 CERTIFICATE EXHIBIT B-2 FORM OF CLASS M-2 CERTIFICATE EXHIBIT B-3 FORM OF CLASS B CERTIFICATE EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 FORM OF CUSTODIAN'S RECEIPT EXHIBIT G FORM OF POOL CERTIFICATION EXHIBIT H FORM OF DELIVERY ORDER EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE REGARDING TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS POOLING AND SERVICING AGREEMENT, relating to IMC HOME EQUITY LOAN TRUST 1997- 3, dated as of June 1, 1997 by and among IMC SECURITIES, INC., a Delaware corporation, in its capacity as Depositor (the "Depositor"), INDUSTRY MORTGAGE COMPANY, L.P., a Delaware limited partnership in its capacities as the Seller (in such capacity, the "Seller") and as the Servicer (in such capacity, the "Servicer") and THE CHASE MANHATTAN BANK, a New York banking corporation, in its capacity as the trustee (the "Trustee").
REMIC Status. 115 Section 11.17 Additional Limitation on Action and Imposition of Tax.116 Section 11.18
REMIC Status. The Servicer is hereby notified, and the Servicer hereby acknowledges such notice, that the Mortgage Loans will be held in a securitization pursuant to which a REMIC election will be made. Executed as of the day and year first above written. XXXXXXXXX MORTGAGE HOME LOANS, INC., as Seller By: /s/ Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx Vice President ABN AMRO MORTGAGE GROUP, INC., as Servicer By: /s/ Xxxx Xxx Xxxxxxx Name: Xxxx Xxx Xxxxxxx Title: First Vice President Acknowledged By: XXXXX FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as Master Servicer By: /s/ Xxx Xxxxx Name: Xxx Xxxxx Title: Vice President DEUTSCHE BANK NATIONAL TRUST COMPANY, not in its individual capacity but solely as Trustee on behalf of Xxxxxxxxx Mortgage Securities Trust 2003-3 By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Associate EXHIBIT A MODIFICATIONS TO THE SERVICING AGREEMENT
REMIC Status. 106 Section 11.17 Additional Limitation on Action and Imposition of Tax................................................107 Section 11.18 Appointment of Tax Matters Person........................107 Section 11.19 The Certificate Insurer..................................107 Section 11.20 Reserved.................................................107 Section 11.21 Third Party Rights.......................................108 Section 11.22 Notices .................................................108 SCHEDULE I..................................................................I-1 SCHEDULE II................................................................II-1 SCHEDULE III..............................................................III-1 SCHEDULE IV................................................................IV-1 SCHEDULE V..................................................................V-1 EXHIBIT A-1...............................................................A-1-1 EXHIBIT A-2...............................................................A-2-1 EXHIBIT A-3...............................................................A-3-1 EXHIBIT A-4...............................................................A-4-1 EXHIBIT A-5...............................................................A-5-1 EXHIBIT A-6...............................................................A-6-1 EXHIBIT A-7...............................................................A-7-1 EXHIBIT A-8...............................................................A-8-1 EXHIBIT A-9...............................................................A-9-1 EXHIBIT A-10.............................................................A-10-1 EXHIBIT A-11 IO.......................................................A-11-IO-1 EXHIBIT B...................................................................B-1 EXHIBIT C-1...............................................................C-1-1 EXHIBIT C-2...............................................................C-2-1 EXHIBIT D...................................................................D-1 EXHIBIT E...................................................................E-1 EXHIBIT F...................................................................F-1 EXHIBIT G...................................................................G-1 EXHIBIT H...................................................................H-1 EXHIBIT I...................................................................I-1 PO...
REMIC Status. The provisions of this Indenture shall be construed so as to carry out the intention of the parties that the Trust Estate and any other assets specified in such REMIC election or elections and securing a Series of Bonds, be treated as a REMIC, if a REMIC election or elections has or have been made or will be made in respect of the Trust Estate or such other assets, at all times so long as any Bond of such Series is Outstanding (or would be treated as Outstanding for purposes of a Non-Disqualification Opinion).
