Common use of Remic Provisions Clause in Contracts

Remic Provisions. The Owner Trustee will elect as provided in this Section that the Trust, other than the Basis Risk Carryforward Reserve Fund and the Additional Loan Accounts, be treated for federal income tax purposes as comprising three real estate mortgage investment conduits (each a "

Appears in 11 contracts

Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-E), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-J), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-M)

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Remic Provisions. The Owner Trustee will elect as provided in this Section that the Trust, other than the Basis Risk Carryforward Reserve Fund and the Additional Loan AccountsAccount, be treated for federal income tax purposes as comprising three real estate mortgage investment conduits (each a "

Appears in 4 contracts

Samples: Trust Agreement (CWHEQ, Inc.), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-A), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-L)

Remic Provisions. The Owner Trustee will elect as provided in this Section that the Trust, other than the Basis Risk Carryforward Reserve Fund Fund, the Cap Contract Account, and the Additional Loan AccountsAccount, be treated for federal income tax purposes as comprising three real estate mortgage investment conduits (each a "

Appears in 3 contracts

Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-C), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-A), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-B)

Remic Provisions. The Owner Trustee will elect as provided in this Section that the Trust, other than the Basis Risk Carryforward Reserve Fund Fund, the Cap Contract Account, and the Additional Loan AccountsAccount, be treated for federal income tax purposes as comprising three real estate mortgage investment conduits (each a "β€œ

Appears in 2 contracts

Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D)

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Remic Provisions. The Owner Trustee will elect as provided in this Section that the Trust, other than the Cap Contract, Basis Risk Carryforward Reserve Fund and the Additional Loan Accounts, be treated for federal income tax purposes as comprising three real estate mortgage investment conduits (each a "

Appears in 1 contract

Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-K)

Remic Provisions. The Owner Trustee will elect as provided in this Section that the Trust, other than the Basis Risk Carryforward Reserve Fund and the Additional Loan AccountsFund, be treated for federal income tax purposes as comprising three real estate mortgage investment conduits (each a "β€œ

Appears in 1 contract

Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G)

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