Common use of Miscellaneous REMIC Provisions Clause in Contracts

Miscellaneous REMIC Provisions. (a) The Class A, Class B and Class VRR Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the Class UT-R Interest is 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.

Appears in 10 contracts

Samples: Trust and Servicing Agreement (Benchmark 2020-B16 Mortgage Trust), Trust and Servicing Agreement (Citigroup Commercial Mortgage Trust 2019-C7), Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Securities Inc)

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Miscellaneous REMIC Provisions. (a) The Class AD, Class B E and Class VRR Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the Class UT-R Interest is 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.

Appears in 7 contracts

Samples: Trust and Servicing Agreement (DBJPM 2020-C9 Mortgage Trust), Trust and Servicing Agreement (BBCMS Mortgage Trust 2021-C10), Trust and Servicing Agreement (Benchmark 2020-B21 Mortgage Trust)

Miscellaneous REMIC Provisions. (a) The Class A, Class B X, Class B, Class C, Class D, Class E and Class VRR HRR Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the . The Class UT-R Interest Interest, represented by the Class R Certificates, is 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.

Appears in 4 contracts

Samples: Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2017-C39), Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Securities Inc), Trust and Servicing Agreement (CSAIL 2017-Cx9 Commercial Mortgage Trust)

Miscellaneous REMIC Provisions. (a) The Class A, Class B X, Class B, Class C, Class D and Class VRR HRR Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the . The Class UT-R Interest Interest, represented by the Class R Certificates, is 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.

Appears in 4 contracts

Samples: Trust and Servicing Agreement (CSAIL 2020-C19 Commercial Mortgage Trust), Trust and Servicing Agreement (CSAIL 2021-C20 Commercial Mortgage Trust), Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2021-C60)

Miscellaneous REMIC Provisions. (a) The Class A, Class B X-A, Class X-B, Class B, Class C and Class VRR D Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the . The Class UT-R Interest Interest, represented by the Class R Certificates, is 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.

Appears in 4 contracts

Samples: Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2016-Ubs9), Trust and Servicing Agreement (CSAIL 2016-C7 Commercial Mortgage Trust), Trust and Servicing Agreement (CSAIL 2016-C5 Commercial Mortgage Trust)

Miscellaneous REMIC Provisions. (a) The Class A, Class B X, Class B, Class C, Class D and Class VRR HRR Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the Class UT-R Interest is 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.

Appears in 3 contracts

Samples: Trust and Servicing Agreement (Bank 2022-Bnk41), Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2022-L8), Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2022-C62)

Miscellaneous REMIC Provisions. (a) The Class A, Class B X-A, Class B, Class C, Class D and Class VRR E Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the . The Class UT-R Interest Interest, represented by the Class R Certificates, is 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.

Appears in 3 contracts

Samples: Trust and Servicing Agreement (GS Mortgage Securities Trust 2015-Gs1), Trust and Servicing Agreement (JPMDB Commercial Mortgage Securities Trust 2017-C5), Trust and Servicing Agreement (GS Mortgage Securities Trust 2017-Gs5)

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Miscellaneous REMIC Provisions. (a) The Class A, Class B X, Class B, Class C, Class D and Class VRR E Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the Class UT-R Interest is 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.

Appears in 2 contracts

Samples: Trust and Servicing Agreement (Benchmark 2021-B25 Mortgage Trust), Trust and Servicing Agreement (Bank 2021-Bnk33)

Miscellaneous REMIC Provisions. (a) The Class A, Class B X, Class B, Class C, Class D, Class E, Class F and Class VRR Certificates G Certificates, and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the Class UT-R Interest is 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.

Appears in 1 contract

Samples: Trust and Servicing Agreement (GS Mortgage Securities Trust 2020-Gc47)

Miscellaneous REMIC Provisions. (a) The Class A, Class B X, Class B, Class C, Class D, Class E and Class VRR HRR Certificates and the Uncertificated VRR Interest are hereby designated as the “regular interests” in the Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code, and the Class UT-R Interest is 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.

Appears in 1 contract

Samples: Trust and Servicing Agreement (Benchmark 2020-B21 Mortgage Trust)

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