Common use of TIER REMIC Clause in Contracts

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, Class LE and Class LRRI Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 Class LB (1) $168,530,000 Class LC (1) $43,985,000 Class LD (1) $97,850,000 Class LE (1) $109,250,000 Class LRRI (1) $29,735,000 Class LT-R None None(2)

Appears in 7 contracts

Samples: Trust and Servicing Agreement (Benchmark 2022-B32 Mortgage Trust), Trust and Servicing Agreement (Bank 2022-Bnk39), Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2022-L8)

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TIER REMIC. The Class LA, Class LB, Class LC, Class LD, Class LE and Class LRRI LF Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 $ 150,000,000 Class LB (1) $168,530,000 $ 75,000,000 Class LC (1) $43,985,000 $ 56,300,000 Class LD (1) $97,850,000 $ 69,000,000 Class LE (1) $109,250,000 $ 93,700,000 Class LRRI LF (1) $29,735,000 $ 68,500,000 Class LT-R None None(2) None(2)

Appears in 3 contracts

Samples: Trust and Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-P6), Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30), Trust and Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-P5)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, LD and Class LE and Class LRRI Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunderInterest: Class Designation Pass-Through Rate/RR Interest Rate Original Initial Lower-Tier Principal Amount Class LA (1) $124,545,000 $ 166,700,000 Class LB (1) $168,530,000 $ 50,800,000 Class LC (1) $43,985,000 $ 33,900,000 Class LD (1) $97,850,000 $ 53,600,000 Class LE (1) $109,250,000 Class LRRI (1) $29,735,000 $ 65,000,000 Class LT-R None None(2) None(2)

Appears in 3 contracts

Samples: Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30), Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31), Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2016-Bnk2)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, Class LE and Class LRRI LVRR Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 104,408,000 Class LB (1) $168,530,000 24,412,000 Class LC (1) $43,985,000 38,767,000 Class LD (1) $97,850,000 38,796,000 Class LE (1) $109,250,000 31,117,000 Class LRRI LVRR (1) $29,735,000 12,500,000 Class LT-R None None(2R(2) N/A(2) N/A(2)

Appears in 2 contracts

Samples: Trust and Servicing Agreement (Benchmark 2021-B25 Mortgage Trust), Trust and Servicing Agreement (Bank 2021-Bnk33)

TIER REMIC. The Class LALA1, Class LA2, Class LA3, Class LASB, Class LAS, Class LB, Class LC, Class LD, Class LE LE, Class LF, Class LG and Class LRRI LNR Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Lower-Tier REMIC also will issue the uncertificated Class LT-R Interest will constitute LR Interest, which is the sole Class of “residual interestsinterest” in the Lower-Tier REMIC created hereunder for purposes of the REMIC Provisions and will be evidenced is represented by the Class R Certificates. The following table sets forth the initial Original Lower-Tier Principal Amounts and Pass-Through Rates per annum rates of interest for the Uncertificated Lower-Tier Interests Interests, the Original Certificate Balance and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunderLR Interest: Class Designation Interest Rate or Initial Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount or Certificate Balance Class LA LA1 (1) $124,545,000 $ 49,765,000 Class LA2 (1) $ 199,727,000 Class LA3 (1) $ 405,850,000 Class LASB (1) $ 65,448,000 Class LAS (1) $ 86,237,000 Class LB (1) $168,530,000 $ 51,485,000 Class LC (1) $43,985,000 $ 39,901,000 Class LD (1) $97,850,000 $ 65,644,000 Class LE (1) $109,250,000 $ 12,871,000 Class LRRI LF (1) $29,735,000 $ 9,010,000 Class LT-R None LG (1) $ 16,732,000 Class LNR (1) $ 27,029,910 Class LR None(2)) None

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-C5), Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-C5)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, Class LE and Class LRRI respective Uncertificated Lower-Tier Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 39,960,000 Class LB (1) $168,530,000 5,240,000 Class LC (1) $43,985,000 26,400,000 Class LD (1) $97,850,000 21,000,000 Class LE (1) $109,250,000 27,000,000 Class LRRI LF (1) $29,735,000 41,700,000 Class LG (1) $ 45,150,000 Class LHRR (1) $15,750,000 Class LT-R None None(2R(2) N/A(2) N/A(2)

Appears in 2 contracts

Samples: Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2022-L8), Trust and Servicing Agreement (BBCMS Mortgage Trust 2022-C15)

TIER REMIC. The Class LALX-0, Xxxxx XX-0, Class LA-3-1, Class LA3-2, Class LB, Class LC, Class LD, Class LE LE, Class LF-1, Class LF-2, Class LG, Class LH, Class LJ, Class LK, Class LL, Class LM, Class LN, Class LNR, Class LNC-1 and Class LRRI LNC-2 Uncertificated Interests (the "Uncertificated Lower-Tier Interests") will evidence “constitute "regular interests" in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of "residual interests" in the Lower-Tier REMIC created hereunder and will be evidenced represented by the Class R LR Certificates. The following table sets forth the initial Original Lower-Tier Principal Amounts and Pass-Through Rates per annum rates of interest for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunderLR Certificates: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Designation Interest Rate Principal Amount Class LA (1) $124,545,000 Class LB (1) $168,530,000 Class LC (1) $43,985,000 Class LD (1) $97,850,000 Class LE (1) $109,250,000 Class LRRI (1) $29,735,000 Class LT-R None None(2)------------- ------------- -------------------

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, Class LE and Class LRRI LHRR Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 120,731,000 Class LB (1) $168,530,000 18,808,000 Class LC (1) $43,985,000 17,361,000 Class LD (1) $97,850,000 28,500,000 Class LE (1) $109,250,000 37,150,000 Class LRRI LHRR (1) $29,735,000 15,450,000 Class LT-R None None(2R(2) N/A(2) N/A(2)

Appears in 1 contract

Samples: Trust and Servicing Agreement (Benchmark 2020-B21 Mortgage Trust)

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TIER REMIC. The Class LA, Class LB, Class LC, Class LD, LD and Class LE and Class LRRI Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 $ 42,500,000 Class LB (1) $168,530,000 $ 31,600,000 Class LC (1) $43,985,000 $ 23,800,000 Class LD (1) $97,850,000 $ 29,100,000 Class LE (1) $109,250,000 Class LRRI (1) $29,735,000 $ 35,000,000 Class LT-R None None(2) None(2)

Appears in 1 contract

Samples: Trust and Servicing Agreement (SG Commercial Mortgage Securities Trust 2016-C5)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, LD and Class LE and Class LRRI Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest comprising the interests in the Lower-Tier REMIC created hereunderInterest: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 $ 209,000,000 Class LB (1) $168,530,000 $ 121,563,000 Class LC (1) $43,985,000 $ 67,837,000 Class LD (1) $97,850,000 $ 68,500,000 Class LE (1) $109,250,000 Class LRRI (1) $29,735,000 $ 108,850,000 Class LT-R None (2) None(2)

Appears in 1 contract

Samples: Trust and Servicing Agreement (Deutsche Mortgage & Asset Receiving Corp)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, Class LE LE, Class LF, Class LG and Class LRRI LVRR Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 142,926,000 Class LB (1) $168,530,000 20,781,000 Class LC (1) $43,985,000 16,086,000 Class LD (1) $97,850,000 22,937,000 Class LE (1) $109,250,000 70,044,000 Class LRRI LF (1) $29,735,000 37,860,000 Class LG (1) $21,866,000 Class LVRR (1) $17,500,000 Class LT-R None None(2)R(2) N/A N/A

Appears in 1 contract

Samples: Trust and Servicing Agreement (GS Mortgage Securities Trust 2020-Gc47)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, LD and Class LE and Class LRRI Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 169,366,000 Class LB (1) $168,530,000 82,082,000 Class LC (1) $43,985,000 61,561,000 Class LD (1) $97,850,000 75,515,000 Class LE (1) $109,250,000 Class LRRI (1) $29,735,000 61,476,000 Class LT-R None None(2None(1)

Appears in 1 contract

Samples: Trust and Servicing Agreement (GS Mortgage Securities Trust 2015-Gs1)

TIER REMIC. The Class LA, Class LB, Class LC, Class LD, LD and Class LE and Class LRRI Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate/RR Interest Rate Original Lower-Tier Principal Amount Class LA (1) $124,545,000 $ 42,500,000 Class LB (1) $168,530,000 $ 31,600,000 Class LC (1) $43,985,000 $ 23,800,000 Class LD (1) $97,850,000 $ 29,100,000 Class LE (1) $109,250,000 Class LRRI (1) $29,735,000 $ 35,000,000 Class LT-R None(2) None None(2(2)

Appears in 1 contract

Samples: Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2016-C35)

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