Appointment of Tax Matters Person; Certain Taxes. (a) The Holders of the Class R Certificates as the Tax Matters Person hereby appoint the Servicer to act, as their agent in such capacity, for each REMIC created hereunder for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person. The Tax Matters Person Shall:
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (American Business Financial Services Inc /De/), Pooling and Servicing Agreement (Abfs Mort Loan Trust 2002-4 Mort Pass Thru Cert Ser 2002-4), Pooling and Servicing Agreement (American Business Financial Services Inc /De/)
Appointment of Tax Matters Person; Certain Taxes. (a) The Holders of the Class R Certificates as the Tax Matters Person hereby appoint the Servicer to act, as their agent in such capacity, for each REMIC created hereunder for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their 125 agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person. The Tax Matters Person Shallshall:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Inc)
Appointment of Tax Matters Person; Certain Taxes. (a) The Holders of the Class R Certificates as the Tax Matters Person hereby appoint the Servicer to act, as their agent in such capacityagent, as the Tax Matters Person for each REMIC created hereunder for all purposes of the Code. The Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the code. The Holders of the Class R Certificates may hereafter appoint a different entity as their agent, or may appoint one of the Class R Certificateholders to be the Tax Matters Person. The Tax Matters Person Shall:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)
