Common use of Subsidiary REMIC 2 Clause in Contracts

Subsidiary REMIC 2. The Subsidiary REMIC 2 Regular Interests, each of which is hereby designated a REMIC regular interest for federal income tax purposes, shall have the following principal balances, pass-through rates and corresponding classes of Subsidiary REMIC 3 interests in the manner set forth in the following table: REMIC Interests Initial Balance Pass- Through Rate Corresponding Class in Subsidiary REMIC 3 LT-V-M-2 1/4 Corresponding Master Class balance (1) MT V-M-2 LT-V-M-3 1/4 Corresponding Master Class balance (1) MT V-M-3 LT-Group A GSA 1% of the Subordinate Group VA Balance (2) N/A LT-Group A 1/4 Group VA Mortgage Pool Balance less the LT-Group A GSA initial balance (2) N/A LT-Group B GSA 1% of the Subordinate Group VB Balance (3) N/A LT-Group B 1/4 Group VB Mortgage Pool Balance less the LT-Group B GSA initial balance (3) N/A LT–Accrual Interest Loan Group V Mortgage Pool balance less the initial balance of each remaining Subsidiary REMIC 2 Regular Interest (1) X/X

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2004-Ar4)

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Subsidiary REMIC 2. The Subsidiary REMIC 2 Regular Interests, each of which is hereby designated a REMIC regular interest for federal income tax purposes, shall have the following principal balances, pass-through rates and corresponding classes of Subsidiary Middle REMIC 3 2 interests in the manner set forth in the following table: Corresponding REMIC Initial Pass- Class in Middle Interests Initial Balance Pass- Through Rate Corresponding Class in Subsidiary REMIC 3 LT-V2 LT-6-M-2 1/4 Corresponding Master Class balance (1) MT VMT2 6-M-2 LT-VLT-6-M-3 1/4 Corresponding Master Class balance (1) MT VMT2 6-M-3 LT-6-M-4 1/4 Corresponding Master Class balance (1) MT2 6-M-4 LT-Group A GSA 1% of the Subordinate Group VA 6A Balance (2) N/A LT-Group A 1/4 1/2 Group VA 6A Mortgage Pool Balance less the LT-Group A GSA and LT-6-A-1 initial balance balances (2) N/A LT-Group B GSA 1% of the Subordinate Group VB 6B Balance (3) N/A LT-Group B 1/4 1/2 Group VB 6B Mortgage Pool Balance less the LT-Group B GSA X XXX, XX-0-X-0, XX-0-X-0, XX-0-X-0, and LT-6-A-5 initial balance balances (3) N/A LT–Accrual Interest Loan Group V 6 Mortgage Pool balance less the initial balance of each remaining Subsidiary REMIC 2 Regular Interest (1) X/X XX-0 X/X X/X X/X _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2004-Ar7)

Subsidiary REMIC 2. The Subsidiary REMIC 2 Regular Interests, each of which is hereby designated a REMIC regular interest for federal income tax purposes, shall have the following principal balances, pass-through rates and corresponding classes of Subsidiary Middle REMIC 3 2 interests in the manner set forth in the following table: REMIC Interests Initial Balance Pass- Through Rate Corresponding Class in Subsidiary Middle REMIC 3 LT2 LT-9-VM-1 1/4 Corresponding Master Class balance (1) MT2 9-M-1 LT-9-M-2 1/4 Corresponding Master Class balance (1) MT VMT2 9-M-2 LT-VLT-9-M-3 1/4 Corresponding Master Class balance (1) MT VMT2 9-M-3 LT-Group A GSA 1% of the Subordinate Group VA 9A Balance (2) N/A LT-Group A 1/4 1/2 Group VA 9A Mortgage Pool Balance less the LT-Group A GSA and LT-9-A-1 initial balance balances (2) N/A LT-Group B GSA 1% of the Subordinate Group VB 9B Balance (3) N/A LT-Group B 1/4 1/2 Group VB 9B Mortgage Pool Balance less the LT-Group B GSA XXX, XX-0-X-0, LT-9-A3, and LT-9-A4 initial balance balances (3) N/A LT–Accrual Interest Loan Group V 9 Mortgage Pool balance less the initial balance of each remaining Subsidiary REMIC 2 Regular Interest (1) X/X XX-0 X/X X/X X/X _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2004-Ar6)

Subsidiary REMIC 2. The Subsidiary REMIC 2 Regular Interests, each of which is hereby designated a REMIC regular interest for federal income tax purposes, shall have the following principal balances, pass-through rates and corresponding classes of Subsidiary Middle REMIC 3 2 interests in the manner set forth in the following table: REMIC Interests Initial Balance Pass- Through Rate Corresponding Class in Subsidiary Middle REMIC 3 LT-V2 LT-8-M-2 1/4 Corresponding Master Class balance (1) MT VMT2 8-M-2 LT-VLT-8-M-3 1/4 Corresponding Master Class balance (1) MT VMT2 8-M-3 LT-8-M-4 1/4 Corresponding Master Class balance (1) MT2 8-M-4 LT-Group A GSA 1% of the Subordinate Group VA 8A Balance (2) N/A LT-Group A 1/4 1/2 Group VA 8A Mortgage Pool Balance less the LT-Group A GSA and LT-8-A-1 initial balance balances (2) N/A LT-Group B GSA 1% of the Subordinate Group VB 8B Balance (3) N/A LT-Group B 1/4 1/2 Group VB 8B Mortgage Pool Balance less the LT-Group B X XXX, XX-0-X-0, XX-0-X-0, XX-0-X-0 and LT-8-A-5 initial balances (3) N/A LT-Group C GSA 1% of the Subordinate Group 8C Balance (4) N/A LT-Group C 1/2 Group 8C Mortgage Pool Balance less the LT-Group C GSA and LT-8-A-6 initial balance (34) N/A LT–Accrual Interest Loan Group V 8 Mortgage Pool balance less the initial balance of each remaining Subsidiary REMIC 2 Regular Interest (1) X/X XX-0 X/X X/X X/X _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2004-Ar8)

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Subsidiary REMIC 2. The Subsidiary REMIC 2 Regular Interests, each of which is hereby designated a REMIC regular interest for federal income tax purposes, shall have the following principal balances, pass-through rates and corresponding classes of Subsidiary Middle REMIC 3 2 interests in the manner set forth in the following table: REMIC Interests Initial Balance Pass- Through Rate Corresponding Class in Subsidiary Middle REMIC 3 LT2 LT-11-VM-1 1/4 Corresponding Master Class balance (1) MT 11-M-1 LT-11-M-2 1/4 Corresponding Master Class balance (1) MT V11-M-2 LT-VLT-11-M-3 1/4 Corresponding Master Class balance (1) MT V11-M-3 LT-Group A GSA 1% of the Subordinate Group VA 11A Balance (2) N/A LT-Group A 1/4 Group VA 11A Mortgage Pool Balance less the LT-Group A GSA initial balance (2) N/A LT-Group B GSA 1% of the Subordinate Group VB 11B Balance (3) N/A LT-Group B 1/4 Group VB 11B Mortgage Pool Balance less the LT-Group B GSA initial balance (3) N/A LT–Accrual Interest Loan Group V 11 Mortgage Pool balance less the initial balance of each remaining Subsidiary REMIC 2 Regular Interest (1) X/X XX-0 X/X X/X X/X _______________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mort Sec Corp Mort Backed Pass THR Certs Ser 2003 Ar5)

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