Designation of Interests in the REMICs Sample Clauses

Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Class A Certificates (other than the Class A-PO, Class 1-A-R, Class 1-A-MR and Class 1-A-LR Certificates) and the Classes of Class 1-B, Class X-B and Class 3-B Certificates and each Component as "regular interests" and the Class 1-A-R Certificate as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class 1-L Interest, Class 1-LIO Interest, Class 1-LPO Interest, Class 1-LS Interest, Class 1-LSES Interest, Class 2-L Interest, Class 2-LIO Interest, Class 2-LPO Interest, Class 2-LS Interest, Class 2-LSES Interest, Class 3-L Interest, Class 3-LIO Interest, Class 3-LPO Interest, Class 3-LS Interest, Class 3-LSES Interest, Class 4-L Interest, Class 4-LIO Interest, Class 4-LPO Interest, Class 4-LS Interest and Class 4-LSES Interest as classes of "regular interests" and the Class 1-A-LR Certificate as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class 1-A-M1 Interest, Class 1-A-M2 Interest, Class 1-A-M3 Interest, Class 1-A-M5 Interest, Class 1-A-M12 Interest, Class 1-A-M15 Interest, Class 1-A-M16 Interest, Class 1-A-MUR Interest, Class 1-A-MPO Interest, Class 1-30-MIO Interest, Class 1-MSES Interest, Class 2-A-M1 Interest, Class 2-A-M3 Interest, Class 2-A-MPO Interest, Class 2-30-MIO Interest, Class 2-MSES Interest, Class 3-A-M1 Interest, Class 3-A-MPO Interest, Class 3-15-MIO Interest, Class 3-MSES Interest, Class 4-A-M1 Interest, Class 4-A-MPO Interest, Class 4-15-MIO Interest, Class 4-MSES Interest, Class 1-B-M1 Interest, Class 1-B-M2 Interest, Class 1-B-M3 Interest, Class 1-B-M4 Interest, Class 1-B-M5 Interest, Class 1-B-M6 Interest, Class X-B-M1 Interest, Class X-B-M2 Interest, Class X-B-M3 Interest, Class X-B-M4 Interest, Class X-B-M5 Interest, Class X-B-M6, Class 3-B-M1 Interest, Class 3-B-M2 Interest, Class 3-B-M3 Interest, Class 3-B-M4 Interest, Class 3-B-M5 Interest and Class 3-B-M6 Interest as classes of "regular interests" and the Class 1-A-MR Certificate as the single class of "residual interest" in the Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
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Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R Certificate) and the Classes of Class B Certificates as "regular interests" and the Class R-U Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest as classes of "regular interests" and the Class R-L Interest as the single class of "residual interest" in the Lower-Tixx REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-1, Class 1-A-7, Class 1-A-13, Class 2-A-R, Class 30-IO and Class 30-PO Certificates), the Class 1-A-1 Interest, the Class 1-A-7 Interest, the Class 1-A-13 Interest, the Components and the Classes of Subordinate Certificates as "regular interests" and the Class UR Interest as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates (i) the Uncertificated Intermediate Lower-Tier Interests as classes of "regular interests" and the Class ILR Interest as the single class of "residual interest" in the Intermediate Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Designation of Interests in the REMICs. The Depositor hereby designates the Shifting Interest Upper-Tier Regular Interests as "regular interests" and the Class SI-UR Interest as the single class of "residual interest" in the Shifting Interest Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates (i) the Uncertificated Shifting Interest Middle-Tier Regular Interests as classes of "regular interests" and the Class SI-MR Interest as the single class of "residual interest" in the Shifting Interest Middle-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively, and (ii) the Uncertificated Shifting Interest Lower-Tier Regular Interests as classes of "regular interests" and the Class SI-LR Interest as the single class of "residual interest" in the Shifting Interest Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby designates the Upper-Tier II Regular Interests as "regular interests" and the Class II-UR Interest as the single class of "residual interest" in the Upper-Tier II REMIC for purposes of Code Section 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates (i) the Uncertificated Middle-Tier II Regular Interests as classes of "regular interests" and the Class II-MR Interest as the single class of "residual interest" in the Middle-Tier II REMIC for purposes of Code Section 860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier II Regular Interests as classes of "regular interests" and the Class II-LR Interest as the single class of "residual interest" in the Lower-Tier II REMIC for purposes of Code Section 860G(a)(1) and 860G(a)(2), respectively.
Designation of Interests in the REMICs. The Depositor hereby designates the Upper-Tier Regular Interests as "regular interests" and the Class UR Interest as the single class of "residual interest" in the Upper-Tier REMIC for purposes of Code Section 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates (i) the Uncertificated Middle-Tier Regular Interests as classes of "regular interests" and the Class MR Interest as the single class of "residual interest" in the Middle-Tier REMIC for the purpose of Code Sections 860G(a)(1) and 860G(a)(2), respectively, and (ii) the Uncertificated Lower-Tier Regular Interests as classes of "regular interests" and the Class LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for purposes of Code Section 860G(a)(1) and 860G(a)(2), respectively.
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class 1-A-R Certificate) and the Classes of Subordinate Certificates as "regular interests" and the Class UR Interest as the sole class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class LR Interest as the sole class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class X-PO, Class 1-CB-R and Class 1-CB-LR Certificates) and the Classes of Class 30-B Certificates, the Claxxxx of Class 15-B Certificates and each Component as "regular interests" and the Class 1-CB-R Certificate as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-CB-LR Certificate as the single class of "residual interest" in the Lowxx-Xxer REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
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Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Group 1-A Certificates (other than the Class 1-A-R Certificate) and the Classes of Group 1-B Certificates as classes of "regular interests" and the Class 1-A-R Certificates as the single class of "residual interests" in REMIC 1 for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Depositor hereby designates the Classes of Group 2-A Certificates (other than the Class 2-A-R Certificate) and the Classes of Group 2-B Certificates as classes of "regular interests" and the Class 2-A-R Certificates as the single class of "residual interests" in REMIC 2 for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively.
Designation of Interests in the REMICs. The Trustee hereby designates the Classes of Certificates (other than the Class A-R Certificate) as "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, and the REMIC Provisions generally.
Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class X-PO, Class 15-IO, Class 15-PO and Class 1-CB-R Certificates) and the Classes of Class 30-B Certificates, the Classes of Class 15-B Certificates and each Component as "regular interests" and the Class 1-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.
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