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

Designation of Interests in the REMIC. Each Class of Class A and Class M Certificates is hereby designated as a "regular interest" in the REMIC and the Class R Certificates are hereby designated as the single "residual interest" in the REMIC.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (HFC Revolving Corp), Pooling and Servicing Agreement (HFC Revolving Corp), Pooling and Servicing Agreement (Compass Asset Acceptance Co)

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Designation of Interests in the REMIC. Each Class of ------------------------------------- Class A and Class M Certificates is hereby designated as a "regular interest" in the REMIC and the Class R Certificates are hereby designated as the single "residual interest" in the REMIC.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc Home Eq Ln as Bk Cer Ser 1999-2)

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