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Common use of REMIC Clause in Contracts

REMIC. Each pool of assets in the Trust Fund designated as a REMIC pursuant to the Preliminary Statement.

Appears in 69 contracts

Sources: Trust Agreement (Sasco 2006-Bc4), Pooling and Servicing Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-3), Trust Agreement (BNC Mortgage Loan Trust 2006-2)

REMIC. Each pool of assets in the Trust Fund designated as a REMIC pursuant to as described in the Preliminary StatementStatement to this Agreement.

Appears in 6 contracts

Sources: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-4), Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Sequoia Mortgage Funding Corp)

REMIC. Each pool of assets in the Trust Fund designated as a REMIC pursuant to as described in the Preliminary Statement.

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-S2), Pooling and Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-S1), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-S1)

Parent Clauses

  • Limitation on the Exercise of Certain Rights Related to Affiliate Insolvency Proceedings
  • Entire Agreement
  • Further Assurances
  • Electronic Signatures
  • Miscellaneous

Sub-Clauses

  • REMIC Administration
  • Indemnification with Respect to Certain Taxes and Loss of REMIC Status
  • Foreclosed Property
  • Prohibited Transactions and Activities
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