Common use of Pooling REMIC Clause in Contracts

Pooling REMIC. (i) The beneficial ownership of the Pooling REMIC shall be evidenced by interests having the following terms: Type of Interest Pooling Interest Initial Subaccount Pass-Through For Purposes of Designation Balance Rate REMIC Provisions Group I Subaccount AF-1 $154,198,250 (1) Regular Subaccount AF-2 $ 70,000,000 (1) Regular Subaccount AF-3 $ 67,000,000 (1) Regular Subaccount AF-4 $ 56,000,000 (1) Regular Subaccount AF-5 $ 32,000,000 (1) Regular Subaccount AF-6 $ 42,133,000 (1) Regular Subaccount MF-1 $ 24,639,000 (1) Regular Subaccount MF-2 $ 19,711,000 (1) Regular Subaccount BF-1 $ 14,784,000 (1) Regular Subaccount BF-1A $ 12,320,000 (1) Regular Group II Subaccount AV-1 $202,526,000 (2) Regular Subaccount AV-2 $ 77,887,500 (2) Regular Subaccount MV-1 $ 27,684,000 (2) Regular Subaccount MV-2 $ 23,219,000 (2) Regular Subaccount BV-1 $ 14,289,000 (2) Regular Subaccount BV-1A $ 11,609,000 (2) Regular Subaccount R (3) (3) Residual

Appears in 1 contract

Samples: Trust Agreement (Saxon Asset Securities Co)

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Pooling REMIC. (i) The beneficial ownership of the Pooling REMIC shall be evidenced by interests having the following terms: Type of Interest Pooling Interest Initial Subaccount Pass-Through For Purposes of Designation Balance Rate REMIC Provisions Group I Subaccount AF-1 $154,198,250 100,000,000 (1) Regular Subaccount AF-2 $ 70,000,000 42,000,000 (1) Regular Subaccount AF-3 $ 67,000,000 40,000,000 (1) Regular Subaccount AF-4 $ 56,000,000 30,000,000 (1) Regular Subaccount AF-5 $ 32,000,000 21,914,000 (1) Regular Subaccount AF-6 $ 42,133,000 26,000,000 (1) Regular Subaccount MF-1 $ 24,639,000 15,386,000 (1) Regular Subaccount MF-2 $ 19,711,000 10,457,000 (1) Regular Subaccount BF-1 $ 14,784,000 8,964,000 (1) Regular Subaccount BF-1A $ 12,320,000 4,034,000 (1) Regular Group II Subaccount AV-1 $202,526,000 (2) Regular Subaccount AV-2 $ 77,887,500 128,000,000 (2) Regular Subaccount MV-1 $ 27,684,000 13,600,000 (2) Regular Subaccount MV-2 $ 23,219,000 10,000,000 (2) Regular Subaccount BV-1 $ 14,289,000 5,200,000 (2) Regular Subaccount BV-1A $ 11,609,000 3,200,000 (2) Regular Subaccount R (3) (3) Residual

Appears in 1 contract

Samples: Trust Agreement (Saxon Asset Securities Co)

Pooling REMIC. (i) The beneficial ownership of the Pooling REMIC shall be evidenced by interests having the following terms: Type of Interest Pooling Interest Initial Subaccount Pass-Through For Purposes of Designation Balance Rate REMIC Provisions Group I Subaccount AF-1 $154,198,250 74,000,000 (1) Regular Subaccount AF-2 $ 70,000,000 $53,000,000 (1) Regular Subaccount AF-3 $ 67,000,000 $22,000,000 (1) Regular Subaccount AF-4 $ 56,000,000 $34,000,000 (1) Regular Subaccount AF-5 $ 32,000,000 $12,920,000 (1) Regular Subaccount AF-6 $ 42,133,000 $25,950,000 (1) Regular Subaccount MF-1 $ 24,639,000 $12,975,000 (1) Regular Subaccount MF-2 $ 19,711,000 $9,731,000 (1) Regular Subaccount BF-1 $ 14,784,000 $9,083,000 (1) Regular Subaccount BF-1A $ 12,320,000 BF-2 $3,244,000 (1) Regular Subaccount BF-3 $2,595,000 (1) Regular Group II Subaccount AV-1 $202,526,000 (2) Regular Subaccount AV-2 $ 77,887,500 190,909,000 (2) Regular Subaccount MV-1 $ 27,684,000 $17,677,000 (2) Regular Subaccount MV-2 $ 23,219,000 $13,552,000 (2) Regular Subaccount BV-1 $ 14,289,000 $7,071,000 (2) Regular Subaccount BV-1A $ 11,609,000 BV-2 $4,125,000 (2) Regular Subaccount R BV-3 $2,357,000 (32) (3) ResidualRegular

Appears in 1 contract

Samples: Trust Agreement (Saxon Asset Securities Co)

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Pooling REMIC. (i) The beneficial ownership of the Pooling REMIC shall be evidenced by interests having the following terms: Type of Interest Pooling Interest Initial Subaccount Pass-Through Interest Designation Subaccount Rate For Purposes Balance of Designation Balance Rate REMIC Provisions Group I Subaccount AF-1 $154,198,250 80,000,000 (1) Regular Subaccount AF-2 $ 70,000,000 $38,000,000 (1) Regular Subaccount AF-3 $ 67,000,000 $35,000,000 (1) Regular Subaccount AF-4 $ 56,000,000 $28,000,000 (1) Regular Subaccount AF-5 $ 32,000,000 $17,389,000 (1) Regular Subaccount AF-6 $ 42,133,000 $22,043,000 (1) Regular Subaccount MF-1 $ 24,639,000 $14,825,000 (1) Regular Subaccount MF-2 $ 19,711,000 $10,958,000 (1) Regular Subaccount BF-1 $ 14,784,000 $6,446,000 (1) Regular Subaccount BF-1A $ 12,320,000 BF-2 $2,579,000 (1) Regular Subaccount BF-3 $2,579,000 (1) Regular Group II Subaccount AV-1 $202,526,000 (2) Regular Subaccount AV-2 $ 77,887,500 200,358,000 (2) Regular Subaccount MV-1 $ 27,684,000 $20,728,000 (2) Regular Subaccount MV-2 $ 23,219,000 $16,331,000 (2) Regular Subaccount BV-1 $ 14,289,000 $7,538,000 (2) Regular Subaccount BV-1A $ 11,609,000 BV-2 $2,513,000 (2) Regular Subaccount R BV-3 $3,769,000 (32) (3) ResidualRegular

Appears in 1 contract

Samples: Trust Agreement (Saxon Asset Securities Co)

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