Common use of Middle Clause in Contracts

Middle. Tier REMIC 1 shall hold the uncertificated REMIC regular interests issued by Lower-Tier REMIC 1 and shall issue several uncertificated interests, including the MT-R-1 Interest, which is hereby designated as the sole residual interest in Middle-Tier REMIC 1. Each remaining uncertificated interest in Middle-Tier REMIC 1 is hereby designated as a REMIC regular interest. Upper-Tier REMIC I shall hold the uncertificated REMIC regular interests issued by Middle-Tier REMIC 1. Each of the Certificates (other than the Class A-R Certificate, the Exchangeable REMIC Certificates and the Exchangeable Certificates) and the Uncertificated REMIC Interests represent ownership of regular interests in Upper-Tier REMIC I. Upper-Tier REMIC I shall also issue the Class A-R Certificate, which is hereby designated as the sole residual interest in Upper-Tier REMIC I. In addition, Upper-Tier REMIC 1 shall also issue the following uncertificated regular interests, which shall have the class designations, initial principal amounts, interest rates and corresponding Class of Certificates as set forth in the following table: UT1-A-15/37 (1) (2) N/A UT1-A-20/24 (1) (3) N/A UT1-A-26/47 (1) (4) N/A UT1-A-49/53 (1) (5) N/A UT1-A-68/69 (6) (7) N/A UT1-A-60/70 (8) (7) N/A UT1-A-82 (10) (9) N/A UT1-A-29 (11) (9) N/A UT1-A-39 (12) (9) N/A UT1-A-84 (13) (9) N/A UT1-A-86 (14) (9) N/A UT1-A-89 (15) (9) N/A UT1-A-67 (16) (16) 1-A-67 UT1-A-81 (16) (16) 1-A-81 UT1-A-99 (16) (16) 1-A-99 UT1-A-100 (16) (16) ▇-▇▇▇ ▇▇▇-▇-▇▇ (16) (16) 1-A-36 UT1-A-43 (16) (16) 1-A-43 UT1-A-46 (16) (16) 1-A-46 UT1-A-52 (16) (16) 1-A-52