Tax Returns and Reports to Certificateholders. (a) For federal income tax purposes, the REMICs comprising the Trust shall have a calendar year and shall maintain its books on the accrual method of accounting.
Appears in 12 contracts
Samples: Custodial Agreement (Delta Funding Corp /De/), Custodial Agreement (Delta Funding Corp /De/), Custodial Agreement (Delta Funding Home Equity Loan Trust 2000-4)
Tax Returns and Reports to Certificateholders. (a) For federal income tax purposes, the REMICs each REMIC comprising the Trust shall have a calendar year and shall maintain its books on the accrual method of accounting.
Appears in 4 contracts
Samples: Custodial Agreement (Renaissance Home Equity Loan Asset-BKD Cert Series 2002-1), Pooling and Servicing Agreement (Renaissance Mortgage Acceptance Corp), Custodial Agreement (Delta Funding Corp /De/)
