Class R Certificate. The Class R Certificate executed by the Trustee, and authenticated and delivered by the Authenticating Agent, substantially in the form annexed hereto as Exhibit A, and evidencing the ownership of the sole residual interest in the Upper-Tier REMIC.
Class R Certificate. 12 Class R-1 Interest......................................................................................12 Class R-2 Interest......................................................................................12 Class R-3 Interest......................................................................................12
Class R Certificate. (a) The Class R Certificate shall not be assigned or transferred except in accordance with this Section 4.08 and any other applicable provision of this Agreement.
Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code.
Class R Certificate. 20 Clean-Up Call Date............................................................ 20 Code.......................................................................... 20 Combined Loan-to-Value Ratio.................................................. 20
Class R Certificate. 26 Class R-I Certificate..................................................................26 Class R-II Certificate.................................................................26 Class R-III Certificate................................................................26 Class R-IV Certificate.................................................................26 Class R-V Certificate..................................................................26
Class R Certificate. Each Holder of a Class R Certificate will be entitled to separate such Certificate into its component parts. Upon receipt of a Class R Certificate and a written request from the Holder thereof to separate such certificate, the Securities Administrator shall issue to such registered Holder in exchange for such Class R Certificate (i) a separately transferable, certificated and fully registered security that will, from the date of its issuance, represent the Holder’s Percentage Interest in the Class LR Interest and (ii) a separately transferable, certificated and fully registered security that will, from the date of its issuance, represent the Holder’s Percentage Interest in the Class UR Interest. If requested by and at the expense of the Holder, the Securities Administrator shall obtain CUSIP numbers for such newly issued securities. The Securities Administrator shall make any allocations and distributions with respect to such newly issued securities (in respect of the Class LR Interest or Class UR Interest, as applicable) as set forth herein and such newly issued securities shall be subject to the same rights and restrictions as the Class R Certificate hereunder.
Class R Certificate. If a transfer of a Class R Certificate is disregarded pursuant to the provisions of Treasury Regulations Section 1.860E-1 or Section 1.860G-3, then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such Transfer of such Class R Certificate. The Trustee shall be under no liability to any Person for any registration of Transfer of a Class R Certificate that is in fact not permitted by this Section 5.02(f) or for making any payments due on such Certificate to the holder thereof or for taking any other action with respect to such holder under the provisions of this Agreement.
Class R Certificate. The balance, if any, of the Remaining Excess Cashflow
Class R Certificate. Exhibit E Form of Certificate Regarding Substitution of Eligible Substitute Contract Exhibit F...........Form of Certificate of Servicing Officer
