Common use of The Class Clause in Contracts

The Class. 1-A-1, Class 1-A-2, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates. Non-Delay Certificates.............. The LIBOR Certificates. Notional Amount Certificates........................ None. Offered Certificates................ All Classes of Certificates other than the Private Certificates. Physical Certificates............... The Private Certificates and the Residual Certificates. Planned Principal Classes........... None. Planned Principal Components.......................... None. Principal Only Certificates......... None. Private Certificates................ The Class C and Class P Certificates. Rating Agencies..................... S&P and Moody's. Regular Certificates................ All Classes of Certificates, other than the Residual Certificates. Residual Certificates............... The Class A-R Certificates. Scheduled Principal Classes............................. None.

The Class. 1III-A-1, Class 1III-A-2, Class 2-A-1, Class 2-A-2, Class 2III-A-3, Class M-1III-A-4, Class M-2III-A-5, Class M-3III-A-6 and Class III-A-7 Certificates. Group IV Certificates: .......................... The Class IV-A-1 and Class IV-P Certificates. Group C-B Certificates........................... The Class C-B-1, Class M-4C-B-2, Class M-5C-B-3, Class M-6C-B-4, Class M-7, Class M-8 C-B-5 and Class M-9 C-B-6 Certificates. NonClass A-Delay P Certificates.............. ........................... The LIBOR Class A-P Certificates. Notional Amount Certificates........................ None..................... The Class I-A-12, Class II-A-2, Class III-A-4, Class A-X, Class III-X and Class IV-X Certificates. Floating Rate Certificates:...................... The Class II-A-25, Class II-A-28 and Class III-A-3 Certificates. Inverse Floating Rate Certificates............... The Class II-A-26, Class II-A-29 and Class III-A-4 Certificates. LIBOR Certificates:.............................. The Floating Rate and Inverse Floating Rate Certificates. Offered Certificates................ ............................. All Classes of Certificates other than the Private Certificates. Private Certificates............................. Class III-B-4, Class III-B-5, Class III-B-6 and Class C-B-4, Class C-B-5 and Class C-B-6 Certificates. Physical Certificates............... The Private Certificates ............................ Class AR and the Residual Private Certificates. Planned Principal Classes........... None. Planned Principal Components.......................... None. Principal Only Certificates......... None. Private Certificates................ ........................ The Class C II-A-1, Class II-A-3, Class II-A-24, Class II-A-27, Class II-A-7 and Class P II-A-15 Certificates. Rating Agencies..................... S&P .................................. Moody's and Moody's. S&P. Regular Certificates................ ............................. All Classes of Certificates, Certificates other than the Residual Class AR Certificates. Residual Certificates............... The Class A-R Certificates. Scheduled Principal Classes............................. None.

The Class. 1-A-1, Class 1-A-2, Class 1-A-3, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 3-A-1, Class 3-A-2, Class 3-A-3, Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class M-8 II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6 and Class M-9 II-M-7 Certificates. Non-Delay Certificates.............. The LIBOR Certificates. Notional Amount Certificates........................ NoneClass X Certificates. Offered Certificates................ All Classes of Certificates other than the Private Certificates. Physical Certificates............... The Private Certificates and the Residual Certificates. Planned Principal Classes........... None. Planned Principal Components.......................... None. Principal Only Certificates......... None. Private Certificates................ The Class C I-C, Class II-C, Class 1-P, Class 2-P and Class 3-P Certificates. Rating Agencies..................... S&P and Moody's. Regular Certificates................ All Classes of Certificates, other than the Residual Certificates. Residual Certificates............... The Class A-R and Class R-X Certificates. Scheduled Principal Classes............................. None. Senior Certificates................. The Group I Senior Certificates, the Group II Senior Certificates and the Class X and Class A-R Certificates. Senior LIBOR Certificates........... The Group I Senior Certificates and the Group II Senior Certificates. Subordinated Certificates .......... The Group I Subordinated Certificates and the Group II Subordinated Certificates. Targeted Principal Classes............................. None.

The Class. 1-A-1, Class 1-A-2, Class 2-A-1, Class 2-A-2, A-2 and Class 2-A-3, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 A-3 Certificates. Inverse Floating Rate Certificates........................ None. LIBOR Certificates.................. The Group 2 Senior Certificates and Class M-9 Subordinated Certificates. MTA Certificates.................... The Group 1 Senior Certificates. Non-Delay Certificates.............. The LIBOR Certificates. Notional Amount Certificates........................ NoneClass X Certificates. Offered Certificates................ All Classes of Certificates other than the Private Certificates. Physical Certificates............... The Private Certificates and the Residual Certificates. Planned Principal Classes........... None. Planned Principal Components.......................... None. Principal Only Certificates......... None. Private Certificates................ The Class C C, Class 1-P and Class 2-P Certificates. Rating Agencies..................... S&P and Moody's. Regular Certificates................ All Classes of Certificateso▇ ▇▇▇▇▇ficates, other than the Residual Certificates. Residual Certificates............... The Class A-R Certificates. Scheduled Principal Classes............................. None. Senior Certificates................. The Group 1 Senior Certificates, Group 2 Senior Certificates and the Class 1-X, Class 2-X and Class A-R Certificates. Senior LIBOR Certificates........... The Group 2 Senior Certificates.

The Class. 1-A-1, Class 1-A-2, Class 2-A-1, Class 2A-A-2, Class 2-A-3, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 LR and Class M-9 A-UR Certificates Certificates. NonInterest Only Certificates................ The Class 15-Delay A-X and Class 30-A-X Certificates.............. The LIBOR Certificates. Notional Amount Certificates........................ None. Offered Certificates................ ...................... All Classes of Certificates other than the Private Certificates. Physical Certificates............... ..................... The Private Certificates and the Residual Certificates. Planned Principal Classes........... None. Planned Principal Components.......................... None. Principal Only Certificates......... None............... The Class 1-A-4 and Class PO Certificates. Private Certificates................ ...................... The Class C B-4, Class B-5 and Class P B-6 Certificates. Rating Agencies..................... S&P ........................... Fitch and Moody's. S&P. Regular Certificates................ ...................... All Classes of Certificates, other than the Residual Certificates. Residual Certificates............... ..................... The Class A-R LR and Class A-UR Certificates. Scheduled Principal Classes............................. NoneSenior Certificates....................... The Group 1, Group 2, Class 15-A-X, Class 30-A-X and Class PO Certificates. Subordinate Certificates.................. The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates. Defined terms and provisions herein relating to statistical rating agencies not designated above as Rating Agencies shall be of no force or effect.