Common use of Class X REMIC Clause in Contracts

Class X REMIC. The Class X REMIC shall issue the following classes of interests. The Class X Certificates shall represent a regular interest in the Class X REMIC and the Class RX Certificates shall represent the sole class of residual interest in the Class X REMIC. Class X Class X REMIC Interest REMIC ------------- -------- Designation Rate Principal ----------- ---- --------- Amount ------ Class X Certificates (1) (1) -----------------

Appears in 1 contract

Samples: Servicing Agreement (GSAA Home Equity Trust 2006-17)

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Class X REMIC. The Class X REMIC shall issue the following classes of interests. The Class X Certificates shall represent a regular interest in the Class X REMIC and the Class RX Certificates shall represent the sole class of residual interest in the Class X REMIC. Class X REMIC Class X REMIC Designation Interest REMIC ------------- -------- Designation Rate Principal ----------- ---- --------- Amount ------ ------------------------- ------------- ---------------- Class X Certificates (1) (1) -----------------Class RX Certificates (2) (2) _________________

Appears in 1 contract

Samples: Servicing Agreement (GSAA Home Equity Trust 2006-10)

Class X REMIC. The Class X REMIC shall issue the following classes of interests. The Class X Certificates shall represent a regular interest in the Class X REMIC and the Class RX Certificates shall represent the sole class of residual interest in the Class X REMIC. Class X REMIC Class X REMIC Designation Interest REMIC ------------- -------- Designation Rate Principal ----------- ---- --------- Amount ------ -------------------------- ------------- ---------------- Class X Certificates (1) (1) -----------------)

Appears in 1 contract

Samples: Mortgage Loan Sale and Servicing Agreement (GSAA Home Equity Trust 2006-16)

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Class X REMIC. The Class X REMIC shall issue the following classes of interests. The Class X Certificates shall represent a regular interest in the Class X REMIC and the Class RX Certificates shall represent the sole class of residual interest in the Class X REMIC. Class X Class X REMIC Interest REMIC ------------- -------- Designation Rate Principal ----------- ---- --------- Amount ------ Class X Certificates (1) (1) -----------------.

Appears in 1 contract

Samples: Trust Agreement (GSAA Home Equity Trust 2007-2)

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