Common use of Designation of Interests in the REMIC Clause in Contracts

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-R Certificate) and the Classes of Class B Certificates as classes of "regular interests" and the Class A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 27 contracts

Samples: Pooling and Servicing Agreement (Bank of America Mort Sec Inc Mort Pass THR Cert Ser 1999-10), Pooling and Servicing Agreement (Mortgage Pass Through Certificates Series 2002-1), Pooling and Servicing Agreement (Bank of America Mort Sec Inc Mort Pass THR Cert Ser 2001-5)

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Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-PO and Class 1-A-R CertificateCertificates) and the Classes of Class B Certificates and each Component as classes of "regular interests" and the Class 1-A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Bank of America Mort Sec Inc Mort Pass THR Cert Ser 2002-1), Pooling and Servicing Agreement (Banc of America Mort Sec Inc Mort Pass THR Certs Ser 2003-8), Pooling and Servicing Agreement (Bank of America Mortgage Securities Inc 2002-2)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Senior Certificates (other than the Class APO, Class SES and Class 1-CB-R Certificate) and Certificates), the Classes of Class X-B Certificates, the Classes of Class 3-B Certificates and each Component as classes of "regular interests" and the Class A1-CB-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Mort Sec Alternative Loan Tr 2003-8), Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Ser 2003 9)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-R Certificate) ), the Class SES Certificates and the Classes of Class B Certificates as classes of "regular interests" and the Class A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Mort Sec Inc Mort Pass THR Certs Ser 2003 7)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-R Certificate) and the Classes of Class B Certificates as classes of "regular interests" and the Class A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp Mort Pas THR Certs Ser 2003 1)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-PT and Class 1-A-R CertificateCertificates) and the Classes of Class B Certificates and each Component as classes of "regular interests" and the Class 1-A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bank of America Mort Sec Inc Mort Pass THR Cert Ser 2002 G)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-R Certificate) ), the Class SES Certificates and the Classes of Class B Certificates as classes of "regular interests" and the Class A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp Mort Pass THR Cert Ser 2002-2)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Senior Certificates (other than the Class APO, Class SES and Class 1-CB-R Certificate) and Certificates), the Classes of Class 1-B Certificates, the Classes of Class 2-B Certificates and each Component as classes of "regular interests" and the Class A1-CB-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust 2003-6)

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Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class 1-A-R Certificate) and the Classes of Class B Certificates as classes of "regular interests" and the Class 1-A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bank of America Mortgage Securities Inc M Pa Th Ce Se 2002-H)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-P and Class 1-A-R CertificateCertificates) and the Classes of Class B Certificates and each Component as classes of "regular interests" and the Class 1-A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bank of America Mort Sec Inc Mort Pass THR Cert Ser 2002 D)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-PO, Class 30-IO and Class 1-A-R Certificate) and Certificates), the Classes of Class B Certificates and each Component as classes of "regular interests" and the Class 1-A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2004-6)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Senior Certificates (other than the Class A-R Certificate) and the Classes of Class B Certificates as classes of "regular interests" and the Class A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Mortgage Trust 2005-12)

Designation of Interests in the REMIC. The Depositor hereby designates the Classes of Class A Senior Certificates (other than the Class A-PO and Class A-R CertificateCertificates) and the Classes of Class B Subordinate Certificates as classes of "regular interests" and the Class A-R Certificate as the single class of "residual interest" in the REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp)

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