Common use of REMIC CX Clause in Contracts

REMIC CX. As provided herein, the Trustee will make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Loan 2003-2)

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "β€œ

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-10)