{"component": "definition", "props": {"groups": [{"samples": [{"hash": "ljhZqDNPwnz", "uri": "/contracts/ljhZqDNPwnz#a-remic", "label": "Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Opt1)", "score": 18.0, "published": true}, {"hash": "ky4yDFuChio", "uri": "/contracts/ky4yDFuChio#a-remic", "label": "Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)", "score": 18.0, "published": true}, {"hash": "kWfy0jo5Nqy", "uri": "/contracts/kWfy0jo5Nqy#a-remic", "label": "Pooling and Servicing Agreement (OwnIt Mortgage Loan Trust Series 2006-6)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-context", "type": "clause", "offset": [21, 32]}, {"key": "the-swap-remic", "type": "clause", "offset": [51, 65]}, {"key": "the-lower-tier-remic", "type": "clause", "offset": [67, 87]}, {"key": "the-upper-tier-remic", "type": "clause", "offset": [92, 112]}], "snippet": "means any of (or, as the context requires, all of) the SWAP REMIC, the Lower Tier REMIC and the Upper Tier REMIC.", "size": 102, "hash": "51fb28080719e5f1d7fd92e7e8870a2d", "id": 1}, {"samples": [{"hash": "mjiFZMboVN", "uri": "/contracts/mjiFZMboVN#a-remic", "label": "Pooling and Servicing Agreement (ChaseFlex Trust Series 2006-1)", "score": 18.0, "published": true}, {"hash": "lTzpH9dp9rH", "uri": "/contracts/lTzpH9dp9rH#a-remic", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Trust Series 2006-S4)", "score": 18.0, "published": true}, {"hash": "lRZ2sqPFTfM", "uri": "/contracts/lRZ2sqPFTfM#a-remic", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-remics", "type": "clause", "offset": [4, 14]}, {"key": "the-context", "type": "clause", "offset": [42, 53]}], "snippet": "or \"the REMICs\" shall mean one or all, as the context requires, of the REMICs created hereunder.", "size": 23, "hash": "193464bc4eb01afa0ace9b8e79e708cf", "id": 2}, {"samples": [{"hash": "k6Dpu1dJrso", "uri": "/contracts/k6Dpu1dJrso#a-remic", "label": "Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-A3)", "score": 21.0, "published": true}, {"hash": "c69oDNtd97v", "uri": "/contracts/c69oDNtd97v#a-remic", "label": "Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-A6)", "score": 19.0, "published": true}, {"hash": "3B5l34pIJa3", "uri": "/contracts/3B5l34pIJa3#a-remic", "label": "Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-12alt)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-context", "type": "clause", "offset": [21, 32]}, {"key": "remic-1", "type": "definition", "offset": [51, 58]}, {"key": "remic-2", "type": "clause", "offset": [63, 70]}], "snippet": "means any of (or, as the context requires, all of) REMIC 1 and REMIC 2.", "size": 13, "hash": "0b10293173d9f08dd8b81b263619cd0b", "id": 3}, {"samples": [{"hash": "kvr0lqksYdn", "uri": "/contracts/kvr0lqksYdn#a-remic", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}, {"hash": "k21aRWHY0bg", "uri": "/contracts/k21aRWHY0bg#a-remic", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}, {"hash": "hnsAOzmEiYR", "uri": "/contracts/hnsAOzmEiYR#a-remic", "label": "Pooling and Servicing Agreement (Chase Mortgage Finance Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-remics", "type": "clause", "offset": [4, 14]}, {"key": "the-context", "type": "clause", "offset": [43, 54]}, {"key": "remic-pool", "type": "definition", "offset": [98, 108]}, {"key": "the-master-remic", "type": "clause", "offset": [120, 136]}, {"key": "the-subsidiary-remic", "type": "clause", "offset": [140, 160]}], "snippet": "or \"the REMICs\" shall mean one or both, as the context requires, of the REMICs created hereunder. 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REMIC Pass-Through Rate: The Class A-1 Available Funds Cap (in the case of a Class included in Certificate Group One), the Class A-2 Available Funds Cap (in the case of a Class included in Certificate Group Two) or the Subordinated Certificate Available Funds Cap (in the case of the Subordinated Certificates).", "size": 1, "hash": "bf4f6993a5b2976f1b96e03b69f79ea4", "id": 10}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIQYS1yZW1pYyMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means any of (or, as the context requires, all of) the SWAP REMIC, the Lower Tier REMIC and the Upper Tier REMIC.", "title": "a REMIC", "size": 175, "id": "a-remic", "examples": ["Notwithstanding anything to the contrary contained in this Servicing Agreement, the Servicer shall not make or permit any modification, waiver or amendment of any term of any Mortgage Loan that would cause any REMIC created under the Trust Agreement to fail to qualify as <strong>a REMIC</strong> or result in the imposition of any tax under Section 860F(a) or Section 860G(d) of the Code.", "Notwithstanding any contrary provision of this Agreement, the Trustee shall not consent to any amendment to this Agreement unless it shall have first received an Opinion of Counsel, which opinion shall not be an expense of the Trustee or the Trust Fund, to the effect that such amendment will not cause the imposition of any tax on any REMIC or the Certificateholders or cause any REMIC to fail to qualify as <strong>a REMIC</strong> at any time that any Certificates are outstanding.", "The Master Servicer shall represent and protect the interests of the Trust Fund in the same manner as it protects its own interests in mortgage loans in its own portfolio in any claim, proceeding or litigation regarding a Mortgage Loan, and shall not make or permit any modification, waiver or amendment of any Mortgage Loan which would cause any REMIC created hereunder to fail to qualify as <strong>a REMIC</strong> or result in the imposition of any tax under Section 860F(a) or Section 860G(d) of the Code.", "All costs and expenses of compliance with this Section 4(e), to the extent that such costs and expenses relate to administration of <strong>a REMIC</strong> or to any determination respecting the amount, payment or avoidance of any tax under the REMIC Provisions or the actual payment of any REMIC tax or expense, shall be borne by each Noteholder with respect to the REMIC containing the Note owned by such Noteholder.", "The parties intend that the affairs of REMIC I shall constitute, and that the affairs of REMIC I shall be conducted so as to qualify REMIC I as <strong>a REMIC</strong>.", "In addition, under certain circumstances relating to the qualification of any REMIC hereunder as <strong>a REMIC</strong> under the Code, the Home Equity Loans may be sold, thereby effecting the early retirement of the Certificates.", "The parties intend that the affairs of REMIC II shall constitute, and that the affairs of REMIC II shall be conducted so as to qualify it as, <strong>a REMIC</strong>.", "Any payments to the Certificates from amounts deemed received in respect of this notional principal contract shall not be payments with respect to a Regular Interest in <strong>a REMIC</strong> within the meaning of Code Section 860G(a)(1).", "The Trustee on behalf of the Trust shall make an election for the assets constituting REMIC I to be treated for federal income tax purposes as <strong>a REMIC</strong>.", "The Trustee on behalf of the Trust shall make an election for the assets constituting REMIC II to be treated for federal income tax purposes as <strong>a REMIC</strong>."], "related": [["trust-remic", "Trust REMIC", "Trust REMIC"], ["master-remic", "Master REMIC", "Master REMIC"], ["upper-tier-remic", "Upper-Tier REMIC", "Upper-Tier REMIC"], ["middle-tier-remic", "Middle-Tier REMIC", "Middle-Tier REMIC"], ["lower-tier-remic", "Lower-Tier REMIC", "Lower-Tier REMIC"]], "related_snippets": [], "updated": "2025-07-06T21:58:30+00:00"}, "json": true, "cursor": ""}}