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

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.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-10), Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-9)

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Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CBA-PO, Class A-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 Coxxxxxnt 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.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-3)

Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class X30-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 Coxxxxxnt 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.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-12)

Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class XA-PO, Class 15-IO, Class 1-CB-R and Class 1-CBXX-LR XX 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-CBXX-LR XX Certificate as the single class of "residual interest" in the LowxxLower-Xxer Tier 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 Mortgage Pass-Through Certificates Series 2005-2)

Designation of Interests in the REMICs. The Depositor Securities Administrator hereby designates the Classes of Senior Certificates (other than the Class CB30-IO, Class X30-PO, Class 1-CBA-R and Class 1-CBA-LR Certificates) and the Classes of Class 30-B Certificates, the Claxxxx of Class 15-B Subordinate Certificates and each Component as "regular interests" and the Class 1-CBA-R Certificate as the single 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 Securities Administrator hereby further designates the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-CBA-LR Certificate as the single sole class of "residual interest" in the LowxxLower-Xxer Tier 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. 2005-2 Trust)

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Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IO, Class 15-IO, Class X-PO, PO and 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 1R-CB-R Certificate 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 Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1R-CB-LR Certificate L Interest as the single class of "residual interest" in the LowxxLower-Xxer Tixx 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 2005-12)

Designation of Interests in the REMICs. The Depositor hereby designates the Classes of Senior Certificates (other than the Class CB-IOA-1, Class X-POA-3, Class 1-CBA-7, Class A-R and Exchangeable Certificates), the Class 1-CB-LR Certificates) A-1, Class A-3 and Class A-7 Interests and the Classes of Class 30-B Certificates, the Claxxxx of Class 15-B Subordinate Certificates and each Component as "regular interests" and the Class 1-CB-R Certificate 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 the Uncertificated Lower-Tier Interests as classes of "regular interests" and the Class 1-CB-LR Certificate Interest as the single class of "residual interest" in the LowxxLower-Xxer Tier 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 2006-4 Trust)

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