Common use of Termination of the Trust REMICs Clause in Contracts

Termination of the Trust REMICs. Each Trust REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the REMIC 1 Regular Interests, the Class III-A-1-1 Underlying Interest, Class C Interest, Class P Interest and the Regular Certificates and the Class R Certificates and Class R-X Certificates.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-3), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-3), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-3)

AutoNDA by SimpleDocs

Termination of the Trust REMICs. Each Trust REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the REMIC 1 Regular Interests, the Class III-A-1-1 Underlying Interest, Class C Interest, Class P Interest and the Regular Certificates and the Class R Certificates and Class R-X RX Certificates.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2007-1), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-5), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-5)

Termination of the Trust REMICs. Each Trust REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the REMIC 1 Regular Interests, the Class III-A-1-1 Underlying Interest, Class C Interest, Class P Interest and the Regular Certificates and the Class R Certificates and Class R-X Certificates.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2007-2), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2007-4)

Termination of the Trust REMICs. Each Trust REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the REMIC 1 Regular Interests, the Class III-A-1-1 Underlying Interest, Class C Interest, Class P Interest REMIC 2 Regular Interests and the Regular Certificates and the Class R R- Certificates and Class R-X Certificates.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-2)

AutoNDA by SimpleDocs

Termination of the Trust REMICs. Each Trust REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the REMIC 1 1A, REMIC 2A or REMIC 3A Regular Interests, the Class III-A-1-1 Underlying Interest, Class C Interest, Class P Interest and the Regular Certificates and the Class R Certificates and Class R-X Certificatesas applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2007-3)

Termination of the Trust REMICs. Each Trust REMIC shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the REMIC 1 Regular Interests, the Class IIII-A-1A-2-1 2 Underlying Interest, Class C Interest, Class P Interest and the Regular Certificates and the Class R Certificates and Class R-X Certificates.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2006-4)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!