{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "form-of", "type": "definition", "offset": [54, 61]}, {"key": "a-portion", "type": "definition", "offset": [106, 115]}, {"key": "class-of", "type": "definition", "offset": [121, 129]}, {"key": "regular-interests", "type": "clause", "offset": [131, 148]}, {"key": "remic-iii", "type": "definition", "offset": [153, 162]}, {"key": "remic-provisions", "type": "definition", "offset": [183, 199]}], "snippet": "designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of \"regular interests\" in REMIC III for purposes of the REMIC Provisions.", "size": 39, "samples": [{"hash": "2DWKueih40d", "uri": "/contracts/2DWKueih40d#class-s", "label": "Pooling and Servicing Agreement (LB-UBS Commercial Mortgage Trust 2007-C7)", "score": 21.0, "published": true}, {"hash": "tGHglRdJGd", "uri": "/contracts/tGHglRdJGd#class-s", "label": "Pooling and Servicing Agreement (LB-UBS Commercial Mortgage Trust 2005-C5)", "score": 19.0, "published": true}, {"hash": "lWDPPdijB3f", "uri": "/contracts/lWDPPdijB3f#class-s", "label": "Pooling and Servicing Agreement (Lb-Ubs Commercial Mortgage Trust 2006-C1)", "score": 19.0, "published": true}], "hash": "feab25e8b7999c1e2350c25e67256b28", "id": 1}, {"snippet_links": [{"key": "class-i", "type": "definition", "offset": [5, 12]}, {"key": "consist-of", "type": "clause", "offset": [76, 86]}, {"key": "classes-of-shares", "type": "clause", "offset": [91, 108]}, {"key": "class-r", "type": "definition", "offset": [124, 131]}, {"key": "short-duration", "type": "clause", "offset": [174, 188]}, {"key": "tax-exempt", "type": "clause", "offset": [189, 199]}, {"key": "bond-fund", "type": "clause", "offset": [200, 209]}, {"key": "treasury-fund", "type": "definition", "offset": [326, 339]}, {"key": "market-return", "type": "definition", "offset": [451, 464]}, {"key": "income-fund", "type": "definition", "offset": [590, 601]}, {"key": "total-return-fund", "type": "definition", "offset": [847, 864]}, {"key": "international-equity-fund", "type": "clause", "offset": [989, 1014]}, {"key": "balanced-fund", "type": "definition", "offset": [1133, 1146]}], "snippet": "and \"Class I\" shares; the Payd\u2587\u2587 & \u2587ygel Limited Maturity Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & \u2587ygel Short Duration Tax Exempt Bond Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & \u2587ygel U.S. Treasury Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & \u2587ygel Market Return Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & Rygel Growth & Income Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & \u2587ygel Global Short Bond Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & \u2587ygel Total Return Fund, which shall consist of three classes of shares designated as \"Class R\", \"Class S\" and \"Class I\" shares; the Payd\u2587\u2587 & \u2587ygel International Equity Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & \u2587ygel Global Balanced Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; the Payd\u2587\u2587 & \u2587ygel European Growth & Income Fund, which shall consist of two classes of shares designated as", "size": 30, "samples": [{"hash": "eyhY03xR7tR", "uri": "/contracts/eyhY03xR7tR#class-s", "label": "Master Trust Agreement (Payden & Rygel Investment Group)", "score": 18.0, "published": true}], "hash": "d6b19c9b1527b85fadff3ebc199dd567", "id": 2}, {"snippet_links": [{"key": "shares-of", "type": "clause", "offset": [12, 21]}, {"key": "from-time-to-time", "type": "clause", "offset": [127, 144]}, {"key": "by-the-trustees", "type": "clause", "offset": [175, 190]}, {"key": "with-respect-to", "type": "clause", "offset": [238, 253]}, {"key": "class-a", "type": "definition", "offset": [280, 287]}, {"key": "relative-rights-and-preferences", "type": "clause", "offset": [358, 389]}, {"key": "the-undersigned-hereby", "type": "clause", "offset": [393, 415]}, {"key": "certify-that", "type": "clause", "offset": [416, 428]}, {"key": "the-amendment", "type": "clause", "offset": [429, 442]}, {"key": "in-accordance-with", "type": "definition", "offset": [481, 499]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [500, 521]}, {"key": "master-trust-agreement", "type": "definition", "offset": [522, 544]}], "snippet": "shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:\". The undersigned hereby certify that the Amendment set forth above has been duly adopted in accordance with the provisions of the Master Trust Agreement.", "size": 16, "samples": [{"hash": "lkl7V3mlwte", "uri": "/contracts/lkl7V3mlwte#class-s", "label": "Master Trust Agreement (Paydenfunds)", "score": 18.0, "published": true}, {"hash": "ixWyyHOdTv2", "uri": "/contracts/ixWyyHOdTv2#class-s", "label": "Master Trust Agreement (Paydenfunds)", "score": 18.0, "published": true}, {"hash": "gjsrKsNm4rH", "uri": "/contracts/gjsrKsNm4rH#class-s", "label": "Master Trust Agreement (Payden & Rygel Investment Group)", "score": 18.0, "published": true}], "hash": "bb1e5db5ce055c452c6a75cd4f4750b8", "id": 3}, {"snippet_links": [{"key": "form-of", "type": "definition", "offset": [28, 35]}, {"key": "undivided-beneficial-interest", "type": "definition", "offset": [75, 104]}, {"key": "the-grantor-trust", "type": "clause", "offset": [123, 140]}, {"key": "the-excess", "type": "clause", "offset": [155, 165]}, {"key": "excess-interest-distribution-account", "type": "definition", "offset": [180, 216]}], "snippet": "on the face thereof, in the form of Exhibit A-26 hereto, and evidencing an undivided beneficial interest in the portion of the Grantor Trust consisting of the Excess Interest, the Excess Interest Distribution Account and the proceeds thereof.", "size": 15, "samples": [{"hash": "dN6YyJOpxdg", "uri": "/contracts/dN6YyJOpxdg#class-s", "label": "Pooling and Servicing Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp)", "score": 18.0, "published": true}, {"hash": "8oZYKTScTBh", "uri": "/contracts/8oZYKTScTBh#class-s", "label": "Pooling and Servicing Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp)", "score": 18.0, "published": true}, {"hash": "7vA24FQlw27", "uri": "/contracts/7vA24FQlw27#class-s", "label": "Pooling and Servicing Agreement (J.P. 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The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:\". The undersigned hereby certify that the Amendment set forth above has been duly adopted in accordance with the provisions of the Master Trust Agreement.", "size": 10, "samples": [{"hash": "ePxEF1E7rhK", "uri": "/contracts/ePxEF1E7rhK#class-s", "label": "Master Trust Agreement (Paydenfunds)", "score": 18.0, "published": true}], "hash": "1b74611b80e05a1e048ca4cfaac7094f", "id": 6}, {"snippet_links": [{"key": "form-of", "type": "definition", "offset": [54, 61]}, {"key": "regular-interest", "type": "definition", "offset": [110, 126]}, {"key": "remic-ii", "type": "clause", "offset": [131, 139]}, {"key": "remic-provisions", "type": "definition", "offset": [160, 176]}], "snippet": "designation on the face thereof, substantially in the form of Exhibit A-27 attached hereto, and evidencing a \"regular interest\" in REMIC II for purposes of the REMIC Provisions.", "size": 8, "samples": [{"hash": "eQlgYXZrb4G", "uri": "/contracts/eQlgYXZrb4G#class-s", "label": "Pooling and Servicing Agreement (Wachovia Commercial Mortgage Securities Inc)", "score": 18.0, "published": true}, {"hash": "e2oIGN3DoBL", "uri": "/contracts/e2oIGN3DoBL#class-s", "label": "Pooling and Servicing Agreement (Banc of America Commercial Mortgage Inc., Series 2007-2)", "score": 18.0, "published": true}, {"hash": "cRiH1Ch8zSz", "uri": "/contracts/cRiH1Ch8zSz#class-s", "label": "Pooling and Servicing Agreement (Banc of America Commercial Mortgage Inc., Series 2008-Ls1)", "score": 18.0, "published": true}], "hash": "4eb9c3a17912b51a3ae280608ed54178", "id": 7}, {"snippet_links": [{"key": "by-the-issuer", "type": "clause", "offset": [42, 55]}, {"key": "the-indenture-trustee", "type": "definition", "offset": [77, 98]}, {"key": "form-of", "type": "definition", "offset": [120, 127]}, {"key": "exhibit-a-3", "type": "definition", "offset": [128, 139]}], "snippet": "designation on the face thereof, executed by the Issuer and authenticated by the Indenture Trustee substantially in the form of Exhibit A-3 attached to the Indenture.", "size": 4, "samples": [{"hash": "i6iJUz5kKVW", "uri": "/contracts/i6iJUz5kKVW#class-s", "label": "Deposit Trust Agreement (Collateralized Mortgage Bonds Series 1999 1)", "score": 18.0, "published": true}, {"hash": "7MDr3iNKCog", "uri": "/contracts/7MDr3iNKCog#class-s", "label": "Indenture (Collateralized Mortgage Bonds Series 1999 1)", "score": 18.0, "published": true}, {"hash": "3dYgjnzY22X", "uri": "/contracts/3dYgjnzY22X#class-s", "label": "Servicing Agreement (Collateralized Mortgage Bonds Series 1999 1)", "score": 18.0, "published": true}], "hash": "6bdd6ba80f4624cc32d827f6bd70c33a", "id": 8}, {"snippet_links": [{"key": "fixed-income-fund", "type": "definition", "offset": [22, 39]}, {"key": "consist-of", "type": "clause", "offset": [53, 63]}, {"key": "classes-of-shares", "type": "clause", "offset": [68, 85]}, {"key": "class-r", "type": "definition", "offset": [101, 108]}, {"key": "emerging-markets", "type": "definition", "offset": [143, 159]}, {"key": "bond-fund", "type": "clause", "offset": [160, 169]}, {"key": "shares-of", "type": "clause", "offset": [266, 275]}, {"key": "from-time-to-time", "type": "clause", "offset": [381, 398]}, {"key": "by-the-trustees", "type": "clause", "offset": [429, 444]}, {"key": "with-respect-to", "type": "clause", "offset": [492, 507]}, {"key": "class-a", "type": "definition", "offset": [534, 541]}, {"key": "relative-rights-and-preferences", "type": "clause", "offset": [612, 643]}, {"key": "the-undersigned-hereby", "type": "clause", "offset": [647, 669]}, {"key": "certify-that", "type": "clause", "offset": [670, 682]}, {"key": "the-amendment", "type": "clause", "offset": [683, 696]}, {"key": "in-accordance-with", "type": "definition", "offset": [735, 753]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [754, 775]}, {"key": "master-trust-agreement", "type": "definition", "offset": [776, 798]}], "snippet": "shares; Payden Global Fixed Income Fund, which shall consist of two classes of shares designated as \"Class R\" and \"Class S\" shares; and Payden Emerging Markets Bond Fund, which shall consist \u2587\u2587 \u2587\u2587\u2587 classes of shares designated as \"Class R\" and \"Class S\" shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:\". The undersigned hereby certify that the Amendment set forth above has been duly adopted in accordance with the provisions of the Master Trust Agreement.", "size": 4, "samples": [{"hash": "9C8FePwIEXJ", "uri": "/contracts/9C8FePwIEXJ#class-s", "label": "Master Trust Agreement (Paydenfunds)", "score": 18.0, "published": true}], "hash": "e21d42090ae854c18b54532e34f1096f", "id": 9}, {"snippet_links": [{"key": "bond-fund", "type": "clause", "offset": [20, 29]}, {"key": "consist-of", "type": "clause", "offset": [43, 53]}, {"key": "class-r", "type": "definition", "offset": [91, 98]}], "snippet": "shares; Payden Core Bond Fund, which shall consist of two class\u2587\u2587 \u2587\u2587 shares designated as \"Class R\" and \"Class S\" shares; Payden", "size": 3, "samples": [{"hash": "9C8FePwIEXJ", "uri": "/contracts/9C8FePwIEXJ#class-s", "label": "Master Trust Agreement (Paydenfunds)", "score": 18.0, "published": true}, {"hash": "3kxCrWNMyHw", "uri": "/contracts/3kxCrWNMyHw#class-s", "label": "Master Trust Agreement (Paydenfunds)", "score": 18.0, "published": true}], "hash": "c24f1a6805bfb8fae5d7af93c21d65d9", "id": 10}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIQY2xhc3MtcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Class S", "snippet": "designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of \"regular interests\" in REMIC III for purposes of the REMIC Provisions.", "size": 112, "id": "class-s", "examples": ["The <strong>Class S</strong> Certificates shall be issued, maintained and transferred in minimum percentage interests of 10% of such <strong>Class S</strong> Certificates and in integral multiples of 1% in excess thereof.", "For purposes of this Agreement, each Class of Certificates (other than the <strong>Class S</strong> and Class R Certificates) shall be deemed to be outstanding only to the extent its respective Certificate Balance or Notional Amount has not been reduced to zero.", "The Depositor hereby conveys all right, title and interest in and to any VRR Specific Grantor Trust Assets, any <strong>Class S</strong> Specific Grantor Trust Assets and any other property constituting the Grantor Trust to the Trustee, receipt of which is hereby acknowledged.", "The Certificate Administrator shall timely file or cause to be timely filed with the IRS Form 1041, Form 1099 or such other form as may be applicable and shall furnish or cause to be furnished to the Holders of the respective Classes of the Grantor Trust Certificates, their allocable share of income and expense with respect to the VRR Specific Grantor Trust Assets, the <strong>Class S</strong> Specific Grantor Trust Assets and proceeds thereof as such amounts are received or accrue, as applicable.", "The Company will not pay to the Dealer Manager any dealer manager fees in respect of the purchase of any <strong>Class S</strong> shares, Class D shares, Class I shares or DRIP Shares.", "With respect to the <strong>Class S</strong> Certificates, the Certificate Administrator is hereby directed to assume that Hare &amp; Co. is the only \u201cmiddleman\u201d as defined by the WHFIT Regulations unless it has actual knowledge to the contrary or the Depositor provides the Certificate Administrator with the identity of any other \u201cmiddlemen\u201d.", "In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the Distribution Date for the Certificates other than the <strong>Class S</strong> Certificates in November, 2032.", "Dealer shall not receive dealer manager fees for sales of any DRIP Shares, or for sales of any <strong>Class S</strong>, Class D or Class I shares, whether in the Primary Offering or pursuant to the DRIP.", "Each Registration Statement shall register an ongoing offering (each, an \u201cOffering\u201d) of Common Stock, which may consist of Class T, <strong>Class S</strong>, Class D and/or Class I shares of Common Stock (the \u201cShares\u201d).", "For purposes of this Agreement, each Class of Certificates (other than the <strong>Class S</strong> and Class R Certificates) shall be deemed to be outstanding only to the extent its respective Certificate Balance or Notional Amount has not been (and, in the case of a Class of Exchangeable Certificates, assuming the maximum related Certificate Balance had been issued on the Closing Date and no exchanges in accordance with Section 5.13 subsequently occurred, would not otherwise have been) reduced to zero."], "related": [["class-p", "Class P", "Class P"], ["class-c", "Class C", "Class C"], ["class-h", "Class H", "Class H"], ["class-a", "Class A", "Class A"], ["class-d-certificates", "Class D Certificates", "Class D Certificates"]], "related_snippets": [], "updated": "2025-07-06T21:56:50+00:00"}, "json": true, "cursor": ""}}