Common use of Miscellaneous REMIC and Grantor Trust Provisions Clause in Contracts

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX and Class XX-XX Lower-Tier Regular Interests are hereby designated as “regular interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2). The Class L805A, Class L805B, Class L805C, Class L805D and Class L805H 000 Xxxxx Xxxxxx Regular Interests are hereby designated as “regular interests” in the 000 Xxxxx Xxxxxx REMIC within the meaning of Code Section 860G(a)(1), and the 000 Xxxxx Xxxxxx Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 000 Xxxxx Xxxxxx REMIC within the meaning of Code Section 860G(a)(2).

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-5, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LFXX-XX, Class LG, Class LH-RR, Class XX-XX and Class XX-XX LVRR Lower-Tier Regular Interests are hereby designated as “regular interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2). The Class L805ALWM-A, Class L805BLWM-B, Class L805C, Class L805D LWM-C and Class L805H 000 Xxxxx Xxxxxx LWMRR Woodlands Mall Regular Interests are hereby designated as “regular interests” in the 000 Xxxxx Xxxxxx Woodlands Mall REMIC within the meaning of Code Section 860G(a)(1), and the 000 Xxxxx Xxxxxx Woodlands Mall Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 000 Xxxxx Xxxxxx Woodlands Mall REMIC within the meaning of Code Section 860G(a)(2). The Class LTC-A, Class LTC-B, Class LTC-C, Class LTC-D, Class LTC-E and Class LTCRR Centre Regular Interests are hereby designated as “regular interests” in the Centre REMIC within the meaning of Code Section 860G(a)(1), and the Centre Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Centre REMIC within the meaning of Code Section 860G(a)(2).

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0LX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-5, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LJ and Class XX-XX LVRR Lower-Tier Regular Interests are hereby designated as “regular interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2). The Class L805AL360A, Class L805BL360B, Class L805CL360C, Class L805D L360D, Class L360E and Class L805H 000 L360RR 360 Rxxxxxxx Regular Interests are hereby designated as “regular interests” in the 360 Rxxxxxxx XXXXX within the meaning of Code Section 860G(a)(1), and the 360 Rxxxxxxx Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 360 Rxxxxxxx XXXXX within the meaning of Code Section 860G(a)(2). The Class L111A, Class L111B, Class L111C, Class L111D, Class L111E and Class L111RR 100 Xxxxx Xxxxxx Regular Interests are hereby designated as “regular interests” in the 000 100 Xxxxx Xxxxxx REMIC within the meaning of Code Section 860G(a)(1), and the 000 100 Xxxxx Xxxxxx Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 000 100 Xxxxx Xxxxxx REMIC within the meaning of Code Section 860G(a)(2).

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0LX-0, Xxxxx XX-0, Class LA-3LA-4A1, Class LA-4LA-4A2, Class LA-5, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LH and Class XX-XX LVRR Lower-Tier Regular Interests are hereby designated as “regular interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2). The Class L805AL360A, Class L805BL360B, Class L805CL360C, Class L805D L360D and Class L805H 000 Xxxxx Xxxxxx L360V 360 Spear Regular Interests are hereby designated as “regular interests” in the 000 Xxxxx Xxxxxx 360 Spear REMIC within the meaning of Code Section 860G(a)(1), and the 000 Xxxxx Xxxxxx 360 Spear Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 000 Xxxxx Xxxxxx 360 Spear REMIC within the meaning of Code Section 860G(a)(2).

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0LA-1, Xxxxx XX-0Class LA-2, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LJ and Class XX-XX Lower-Tier Regular LK Interests are hereby designated as “"regular interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1)) of the Code, and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is LR Certificates are hereby designated as the sole class of “"residual interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Class L805AA-1, Class L805BA-2, Class L805CA-3, Class L805D X, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J and Class L805H 000 Xxxxx Xxxxxx Regular Interests K Certificates are hereby designated as “representing beneficial interests in "regular interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(1), ) of the Code and the 000 Xxxxx Xxxxxx Residual Interest (evidenced by the Class R Certificates) is Certificates are hereby designated as the sole class of “"residual interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Closing Date is hereby designated as the "Startup Day" of the Lower-Tier REMIC and the Upper-Tier REMIC within the meaning of Section 860G(a)(9) of the Code. The "latest possible maturity date" of the Lower-Tier Regular Interests and the Regular Certificates for purposes of Section 860G(a)(1) of the Code is the Scheduled Final Distribution Date.

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LF and Class XX-XX Lower-Tier Regular LG Interests are hereby designated as “"regular interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1)) of the Code, and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is LR Certificates are hereby designated as the sole class of “"residual interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Class L805AA-1, Class L805BA-2, Class L805CX, Class L805D B, Class C, Class D, Class E, Class F and Class L805H 000 Xxxxx Xxxxxx Regular Interests G Certificates are hereby designated as “representing beneficial interests in "regular interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(1), ) of the Code and the 000 Xxxxx Xxxxxx Residual Interest (evidenced by the Class R Certificates) is Certificates are hereby designated as the sole class of “"residual interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Closing Date is hereby designated as the "Startup Day" of the Lower-Tier REMIC and the Upper-Tier REMIC within the meaning of Section 860G(a)(9) of the Code. The "latest possible maturity date" of the Lower-Tier Regular Interests and the Regular Certificates for purposes of Section 860G(a)(1) of the Code is the Scheduled Final Distribution Date.

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX and Class XX-XX 221 Classes of Lower-Tier Regular Interests (designated as the Class 1 Lower-Tier Interest through the Class 221 Lower-Tier Interest) issued hereunder are hereby designated as “the "regular interests” ," within the meaning of Section 860G(a)(2) of the Code, of the Lower-Tier REMIC, and the Class LR Certificates are hereby designated as the sole class of "residual interests," within the meaning of Section 860G(a)(2) of the Code, of the Lower-Tier REMIC. The Class A-1M, Class A-2M, Class B-M, Class C-M, Class X-X, Class E-M, Class F-M, Class G-M, Class H-M, Class X-X, Class K-M, Class X-X Interests are hereby designated as "regular interests" within the meaning of Section 860G(a)(1) of the Code, in the LowerMiddle-Tier REMIC and the Class MR Certificates are hereby designated as the sole Class of "residual interests" in the Middle-Tier REMIC within the meaning of Code Section 860G(a)(1)860G(a)(2) of the Code. The Class A-1, Class A-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K and the Lower-Tier Residual Interest (evidenced Class L Certificates and each Class X Component represented by the Class X Certificates are hereby designated as "regular interests" within the meaning of Section 860G(a)(1) of the Code in the Upper-Tier REMIC and the Class R Certificates) is Certificates are hereby designated as the sole class Class of “"residual interests” " in the LowerUpper-Tier REMIC within the meaning of Code Section 860G(a)(2) of the Code. Each Class X Certificate represents an interest in each of the twelve separate Class X Components which are Classes of regular interests in the Upper-Tier REMIC, and each Class X Component is entitled to a "specified portion" of the interest payments on the Middle-Tier Regular Interests, within the meaning of Treasury Regulations Section l.860G-1(a)(2). The Class L805A, Class L805B, Class L805C, Class L805D and Class L805H 000 Xxxxx Xxxxxx Regular Interests are Closing Date is hereby designated as “regular interests” in the 000 Xxxxx Xxxxxx "Startup Day" of the Lower-Tier REMIC, the Middle-Tier REMIC and the Upper-Tier REMIC within the meaning of Code Section 860G(a)(1)860G(a)(9) of the Code. The "latest possible maturity date" of the Lower-Tier Regular Interests, the Middle-Tier Regular Interests and the 000 Xxxxx Xxxxxx Residual Interest Regular Certificates for purposes of Section 860G(a)(l) of the Code is the Scheduled Final Distribution Date. The initial Lower-Tier Balance and the Pass-Through Rate of each Class of the Lower-Tier Regular Interests is set forth in Section 4.0l (evidenced by a)(i). The initial Middle-Tier Balance and the Pass-Through Rate of each Class R Certificates) of Middle-Tier Regular Interests also is hereby designated as the sole class of “residual interests” set forth in the 000 Xxxxx Xxxxxx REMIC within the meaning of Code Section 860G(a)(24.01(a).

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0LA-1, Xxxxx XX-0Class LA-2, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LG and Class XX-XX Lower-Tier Regular LH Interests are hereby designated as “"regular interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1)) of the Code, and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is LR Certificates are hereby designated as the sole class of “"residual interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Class L805AA-1, Class L805BA-2, Class L805CA-3, Class L805D X, Class B, Class C, Class D, Class E, Class F, Class G and Class L805H 000 Xxxxx Xxxxxx Regular Interests H Certificates are hereby designated as “representing beneficial interests in "regular interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(1), ) of the Code and the 000 Xxxxx Xxxxxx Residual Interest (evidenced by the Class R Certificates) is Certificates are hereby designated as the sole class of “"residual interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Closing Date is hereby designated as the "Startup Day" of the Lower-Tier REMIC and the Upper-Tier REMIC within the meaning of Section 860G(a)(9) of the Code. The "latest possible maturity date" of the Lower-Tier Regular Interests and the Regular Certificates for purposes of Section 860G(a)(1) of the Code is the Scheduled Final Distribution Date.

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0LA-1, Xxxxx XX-0Class LA-2, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LH and Class XX-XX Lower-Tier Regular LJ Interests are hereby designated as “"regular interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1)) of the Code, and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is LR Certificates are hereby designated as the sole class of “"residual interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Class L805AA-1, Class L805BA-2, Class L805CA-3, Class L805D X, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class L805H 000 Xxxxx Xxxxxx Regular Interests J Certificates are hereby designated as “representing beneficial interests in "regular interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(1), ) of the Code and the 000 Xxxxx Xxxxxx Residual Interest (evidenced by the Class R Certificates) is Certificates are hereby designated as the sole class of “"residual interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code. The Closing Date is hereby designated as the "Startup Day" of the Lower-Tier REMIC and the Upper-Tier REMIC within the meaning of Section 860G(a)(9) of the Code. The "latest possible maturity date" of the Lower-Tier Regular Interests and the Regular Certificates for purposes of Section 860G(a)(1) of the Code is the Scheduled Final Distribution Date.

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0, Xxxxx XX-0, Class LA-3, Class LA-4, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX and Class XX-XX Lower-Tier Regular Interests issued hereunder are hereby designated as “the "regular interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1)) of the Code, and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is LR Certificates are hereby designated as the sole class of “"residual interests” " in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2)) of the Code, and represent undivided beneficial interests in each of the Loan REMIC Residual Interests. The Class L805AA-1, Class L805BA-2, Class L805CB, Class L805D C, Class D, Class E, Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N and Class L805H 000 Xxxxx Xxxxxx Regular Interests O Certificates are hereby designated as “representing "regular interests” " in the 000 Xxxxx Xxxxxx Upper-Tier REMIC within the meaning of Code Section 860G(a)(1), ) of the Code and the 000 Xxxxx Xxxxxx Residual Interest (evidenced by the Class R CertificatesCertificates are hereby designated as the sole Class of "residual interests" in the Upper-Tier REMIC within the meaning of Section 860G(a)(2) of the Code. The Closing Date is hereby designated as the sole class "Startup Day" of “residual interests” in the 000 Xxxxx Xxxxxx Lower-Tier REMIC and the Upper-Tier REMIC within the meaning of Section 860G(a)(9) of the Code. The "latest possible maturity date" of the Lower-Tier Regular Interests and the Regular Certificates for purposes of Section 860G(a)(l) of the Code Section 860G(a)(2)is the Scheduled Final Distribution Date.

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0LA-1, Xxxxx XX-0Class LA-2, Class LA-3, Class LA-4, Class LA-5, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LJ and Class XX-XX LVRR Lower-Tier Regular Interests are hereby designated as “regular interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2). The Class L805AL360A, Class L805BL360B, Class L805CL360C, Class L805D L360D, Class L360E and Class L805H L360RR 360 Xxxxxxxx Regular Interests are hereby designated as “regular interests” in the 360 Xxxxxxxx XXXXX within the meaning of Code Section 860G(a)(1), and the 360 Xxxxxxxx Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 360 Xxxxxxxx XXXXX within the meaning of Code Section 860G(a)(2). The Class L111A, Class L111B, Class L111C, Class L111D, Class L111E and Class L111RR 000 Xxxxx Xxxxxx Regular Interests are hereby designated as “regular interests” in the 000 Xxxxx Xxxxxx REMIC within the meaning of Code Section 860G(a)(1), and the 000 Xxxxx Xxxxxx 111 River Street Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 000 Xxxxx Xxxxxx REMIC within the meaning of Code Section 860G(a)(2).

Miscellaneous REMIC and Grantor Trust Provisions. (a) The Class XX-0, Xxxxx XX-0, Class LA-3LA-4A1, Class LA-4LA-4A2, Class LA-5, Class LA-AB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class XX-XX LH and Class XX-XX LVRR Lower-Tier Regular Interests are hereby designated as “regular interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Lower-Tier Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2). The Class L805AL360A, Class L805BL360B, Class L805CL360C, Class L805D L360D and Class L805H 000 Xxxxx Xxxxxx L360V 360 Spear Regular Interests are hereby designated as “regular interests” in the 000 Xxxxx Xxxxxx 360 Spear REMIC within the meaning of Code Section 860G(a)(1), and the 000 Xxxxx Xxxxxx 360 Spear Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the 000 Xxxxx Xxxxxx 360 Spear REMIC within the meaning of Code Section 860G(a)(2).