{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "the-certificates", "type": "definition", "offset": [11, 27]}, {"key": "class-x", "type": "definition", "offset": [36, 43]}, {"key": "form-of", "type": "definition", "offset": [99, 106]}, {"key": "exhibit-a-1", "type": "definition", "offset": [107, 118]}, {"key": "regular-interest", "type": "definition", "offset": [138, 154]}, {"key": "remic-ii", "type": "clause", "offset": [159, 167]}, {"key": "remic-provisions", "type": "definition", "offset": [188, 204]}], "snippet": "Any one of the Certificates with a \"Class X\" designation on the face thereof, substantially in the form of Exhibit A-1, and evidencing a \"regular interest\" in REMIC II for purposes of the REMIC Provisions.", "samples": [{"hash": "lIBYGg1dd3i", "uri": "/contracts/lIBYGg1dd3i#class-x-certificate", "label": "Pooling and Servicing Agreement (Mortgage Capital Funding Inc)", "score": 18.0, "published": true}, {"hash": "hI5LKGDc7Rh", "uri": "/contracts/hI5LKGDc7Rh#class-x-certificate", "label": "Pooling and Servicing Agreement (Mortgage Capital Funding Inc)", "score": 18.0, "published": true}, {"hash": "geQ0xRzXdye", "uri": "/contracts/geQ0xRzXdye#class-x-certificate", "label": "Pooling and Servicing Agreement (Nationslink Funding Corp)", "score": 18.0, "published": true}], "size": 77, "hash": "01fc95eb56bad0396c57c2889c1e9284", "id": 1}, {"snippet_links": [{"key": "executed-and-authenticated", "type": "clause", "offset": [14, 40]}, {"key": "certificate-administrator", "type": "definition", "offset": [48, 73]}, {"key": "exhibit-a-2", "type": "definition", "offset": [114, 125]}, {"key": "a-class", "type": "definition", "offset": [144, 151]}], "snippet": "A Certificate executed and authenticated by the Certificate Administrator, in substantially the form set forth in Exhibit A-2 and designated as a Class X Certificate.", "samples": [{"hash": "4IuvPs6HtnW", "uri": "/contracts/4IuvPs6HtnW#class-x-certificate", "label": "Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2021-C61)", "score": 32.9288158795, "published": true}, {"hash": "csu3lHwR14g", "uri": "/contracts/csu3lHwR14g#class-x-certificate", "label": "Trust and Servicing Agreement (3650R 2021-Pf1 Commercial Mortgage Trust)", "score": 32.8795345654, "published": true}, {"hash": "4ED88GCmAGv", "uri": "/contracts/4ED88GCmAGv#class-x-certificate", "label": "Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2021-C60)", "score": 32.5728952772, "published": true}], "size": 38, "hash": "29a6e9aa79a2babc97ff8b2e18ae1e52", "id": 2}, {"snippet_links": [{"key": "class-x", "type": "definition", "offset": [10, 17]}], "snippet": "means any Class X-A Certificate, Class X-B Certificate or Class X-C Certificate.", "samples": [{"hash": "6tKcc8yRM5i", "uri": "/contracts/6tKcc8yRM5i#class-x-certificate", "label": "Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14)", "score": 26.2292950034, "published": true}, {"hash": "4rtIH69UFUR", "uri": "/contracts/4rtIH69UFUR#class-x-certificate", "label": "Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14)", "score": 26.2292950034, "published": true}, {"hash": "40r2ADmXMBE", "uri": "/contracts/40r2ADmXMBE#class-x-certificate", "label": "Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14)", "score": 25.4791238877, "published": true}], "size": 36, "hash": "77aa6040d1fd2ba86cc1f1a3918a03cc", "id": 3}, {"snippet_links": [{"key": "class-x-certificates", "type": "definition", "offset": [11, 31]}, {"key": "as-designated", "type": "definition", "offset": [32, 45]}, {"key": "by-the-trustee", "type": "clause", "offset": [76, 90]}, {"key": "certificate-registrar", "type": "definition", "offset": [130, 151]}, {"key": "exhibit-a-2", "type": "definition", "offset": [197, 208]}, {"key": "ownership-of", "type": "clause", "offset": [225, 237]}, {"key": "regular-interest", "type": "definition", "offset": [241, 257]}, {"key": "the-upper-tier-remic", "type": "clause", "offset": [262, 282]}, {"key": "right-to-distributions", "type": "clause", "offset": [322, 344]}], "snippet": "Any of the Class X Certificates as designated on the face thereof, executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-2, evidencing the ownership of a \u201cregular interest\u201d in the Upper Tier REMIC created hereunder and representing the right to distributions as set forth herein and therein.", "samples": [{"hash": "dIiVdUMeqPe", "uri": "/contracts/dIiVdUMeqPe#class-x-certificate", "label": "Pooling and Servicing Agreement", "score": 29.340862423, "published": true}, {"hash": "ludSOYe0fzA", "uri": "/contracts/ludSOYe0fzA#class-x-certificate", "label": "Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-9)", "score": 19.0, "published": true}, {"hash": "iQdHISEsRbG", "uri": "/contracts/iQdHISEsRbG#class-x-certificate", "label": "Pooling Agreement (HarborView Mortgage Loan Trust 2005-10)", "score": 19.0, "published": true}], "size": 34, "hash": "0a3acedb3a951da4b2be000d3ea3387a", "id": 4}, {"snippet_links": [{"key": "form-of", "type": "definition", "offset": [82, 89]}, {"key": "the-right", "type": "clause", "offset": [123, 132]}, {"key": "percentage-interest", "type": "definition", "offset": [140, 159]}, {"key": "class-x-certificates", "type": "definition", "offset": [194, 214]}, {"key": "remic-regular-interest", "type": "definition", "offset": [256, 278]}, {"key": "remic-iii", "type": "definition", "offset": [282, 291]}, {"key": "right-to-receive", "type": "clause", "offset": [302, 318]}, {"key": "basis-risk-shortfall", "type": "clause", "offset": [331, 351]}, {"key": "obligation-to-pay", "type": "clause", "offset": [366, 383]}, {"key": "class-io-distribution-amount", "type": "definition", "offset": [388, 416]}], "snippet": "Any Certificate designated as a \u201cClass X Certificate\u201d on the face thereof, in the form of Exhibit A-4 hereto, representing the right to its Percentage Interest of distributions provided for the Class X Certificates as set forth herein and evidencing (i) a REMIC Regular Interest in REMIC III, (ii) the right to receive the related Basis Risk Shortfall and (iii) the obligation to pay any Class IO Distribution Amount.", "samples": [{"hash": "4h6J1ZyE6U5", "uri": "/contracts/4h6J1ZyE6U5#class-x-certificate", "label": "Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-He1)", "score": 21.0, "published": true}, {"hash": "fkoXKZNoPut", "uri": "/contracts/fkoXKZNoPut#class-x-certificate", "label": "Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-Fm1)", "score": 19.0, "published": true}, {"hash": "9WSW7t8TfKv", "uri": "/contracts/9WSW7t8TfKv#class-x-certificate", "label": "Pooling and Servicing Agreement (Nomura Home Equity Loan Trust, Series 2005-He1)", "score": 19.0, "published": true}], "size": 33, "hash": "30a2b5fd3e8bdd649f95db394a244790", "id": 5}, {"snippet_links": [{"key": "the-class", "type": "clause", "offset": [7, 16]}, {"key": "class-x-2-certificates", "type": "definition", "offset": [28, 50]}], "snippet": "Any of the Class X-1 or the Class X-2 Certificates.", "samples": [{"hash": "ib4y91KMKlz", "uri": "/contracts/ib4y91KMKlz#class-x-certificate", "label": "Pooling and Servicing Agreement (Gmac Commercial Mortgage Securities Inc)", "score": 19.0, "published": true}, {"hash": "i3ak7fLp1tR", "uri": "/contracts/i3ak7fLp1tR#class-x-certificate", "label": "Pooling and Servicing Agreement (Gmac Commercial Mortgage Securities Inc)", "score": 19.0, "published": true}, {"hash": "eARj23aux1s", "uri": "/contracts/eARj23aux1s#class-x-certificate", "label": "Pooling and Servicing Agreement (GMAC Commercial Mortgage Securities Inc. Series 2004-C2)", "score": 19.0, "published": true}], "size": 23, "hash": "5564a1c8240d75757ac1578bb6306faa", "id": 6}, {"snippet_links": [{"key": "class-x-certificates", "type": "definition", "offset": [15, 35]}, {"key": "by-the-trustee", "type": "clause", "offset": [45, 59]}, {"key": "certificate-registrar", "type": "definition", "offset": [100, 121]}, {"key": "right-to-distributions", "type": "clause", "offset": [197, 219]}], "snippet": "Any one of the Class X Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit C-5, representing the right to distributions as set forth herein and therein.", "samples": [{"hash": "kNc2BeDb3vA", "uri": "/contracts/kNc2BeDb3vA#class-x-certificate", "label": "Pooling and Servicing Agreement (C-Bass MTG Ln as Bk Cert Ser 2004-Cb4)", "score": 18.0, "published": true}, {"hash": "bcJY5Su1EF5", "uri": "/contracts/bcJY5Su1EF5#class-x-certificate", "label": "Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Series 2004-Cb3)", "score": 18.0, "published": true}, {"hash": "8S1FALwXR5a", "uri": "/contracts/8S1FALwXR5a#class-x-certificate", "label": "Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc C-Bass Mortgage Loan Asset-Backed Certificates, Series 2004-Cb7)", "score": 18.0, "published": true}], "size": 23, "hash": "195af3f8de01db60f91efe051e431348", "id": 7}, {"snippet_links": [{"key": "the-certificates", "type": "definition", "offset": [11, 27]}, {"key": "executed-and-authenticated", "type": "clause", "offset": [28, 54]}, {"key": "by-the-trustee", "type": "clause", "offset": [55, 69]}, {"key": "authenticating-agent", "type": "definition", "offset": [77, 97]}], "snippet": "Any one of the Certificates executed and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-4 hereto.", "samples": [{"hash": "l9wnQOnTMuh", "uri": "/contracts/l9wnQOnTMuh#class-x-certificate", "label": "Pooling and Servicing Agreement (Gs Mortgages Sec Corp Ii Com Mort Pas THR Cert Ser 1998-C1)", "score": 18.0, "published": true}, {"hash": "gIjNJ4owIzl", "uri": "/contracts/gIjNJ4owIzl#class-x-certificate", "label": "Pooling and Servicing Agreement (Morgan Stanley Capital I Inc)", "score": 18.0, "published": true}, {"hash": "532fGZ97JNW", "uri": "/contracts/532fGZ97JNW#class-x-certificate", "label": "Pooling and Servicing Agreement (Gs Mortgages Sec Corp Ii Com Mort Pas THR Cert Ser 1998-C1)", "score": 18.0, "published": true}], "size": 23, "hash": "4905b8460cf1e85ba7db2b93d2c3cbc4", "id": 8}, {"snippet_links": [{"key": "form-of", "type": "definition", "offset": [82, 89]}, {"key": "exhibit-a-6", "type": "definition", "offset": [90, 101]}, {"key": "closing-date", "type": "clause", "offset": [110, 122]}, {"key": "february-28", "type": "definition", "offset": [124, 135]}, {"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [153, 182]}, {"key": "amendatory-provisions", "type": "clause", "offset": [211, 232]}], "snippet": "Any Certificate designated as a \u201cClass X Certificate\u201d on the face thereof, in the form of Exhibit A-6 hereto. Closing Date: February 28, 2007. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions.", "samples": [{"hash": "kz2VpWv4dUt", "uri": "/contracts/kz2VpWv4dUt#class-x-certificate", "label": "Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Sl2)", "score": 21.0, "published": true}, {"hash": "gl5e2nAOIfW", "uri": "/contracts/gl5e2nAOIfW#class-x-certificate", "label": "Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Sl2)", "score": 21.0, "published": true}, {"hash": "3Ap0uiSnVHb", "uri": "/contracts/3Ap0uiSnVHb#class-x-certificate", "label": "Pooling and Servicing Agreement (SACO I Trust 2007-2)", "score": 21.0, "published": true}], "size": 20, "hash": "48fd593751e499d09d62738c1b4d5ddc", "id": 9}, {"snippet_links": [{"key": "a-class", "type": "definition", "offset": [29, 36]}], "snippet": "A Certificate denominated as a Class X Certificate.", "samples": [{"hash": "lY15PapoyWl", "uri": "/contracts/lY15PapoyWl#class-x-certificate", "label": "Pooling and Servicing Agreement (Money Store Home Equity Corp)", "score": 18.0, "published": true}, {"hash": "k0Rov3b6vt", "uri": "/contracts/k0Rov3b6vt#class-x-certificate", "label": "Pooling and Servicing Agreement (Money Store Home Equity Corp)", "score": 18.0, "published": true}, {"hash": "jB09dKWpG5c", "uri": "/contracts/jB09dKWpG5c#class-x-certificate", "label": "Pooling and Servicing Agreement (Money Store Home Equity Corp)", "score": 18.0, "published": true}], "size": 17, "hash": "e182b990b0009186ad21dcc4e00579cd", "id": 10}], "next_curs": "CmASWmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjwLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIcY2xhc3MteC1jZXJ0aWZpY2F0ZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "Any one of the Certificates with a \"Class X\" designation on the face thereof, substantially in the form of Exhibit A-1, and evidencing a \"regular interest\" in REMIC II for purposes of the REMIC Provisions.", "title": "Class X Certificate", "size": 433, "id": "class-x-certificate", "examples": ["The Depositor shall provide to any Holder of a <strong>Class X Certificate</strong> or Class R Certificate and any prospective transferee designated by any such Holder, information regarding the related Certificates and the Loans and such other information as shall be necessary to satisfy the condition to eligibility set forth in Rule 144A(d)(4) for transfer of any such Certificate without registration thereof under the Securities Act pursuant to the registration exemption provided by Rule 144A.", "Each Holder of a <strong>Class X Certificate</strong> or Class R Certificate desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Depositor, the Sellers and the Servicer against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.", "In the case of information furnished pursuant to subclauses (i), (ii) and (viii) above, the amounts shall (except in the case of the report delivered to the holder of the <strong>Class X Certificate</strong>) be expressed as a dollar amount per $1,000 of original principal amount of Certificates.", "Class P Certificate and <strong>Class X Certificate</strong>; any certificate with a rating below the lowest applicable permitted rating under the Underwriters&#x27; Exemption.", "The Holder of the <strong>Class X Certificate</strong> may exercise such option if the Servicer declines to do so under the same terms and conditions applicable to the Servicer under this Section 3.16(c).", "The <strong>Class X Certificate</strong> shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and \u2587\u2587\u2587\u2587\u2587\u2587 Capital on behalf of the Holder thereof shall direct the Trustee, in writing, as to investment of amounts on deposit therein.", "In the case of information furnished pursuant to subclauses (i), (ii) and (vi) above, the amounts shall (except in the case of the report delivered to the holder of the <strong>Class X Certificate</strong>) be expressed as a dollar amount per $1,000 of original principal amount of Certificates.", "The <strong>Class X Certificate</strong> shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Trustee, in writing, as to investment of amounts on deposit therein.", "Any distribution of the proceeds of any remaining assets of the Trust Fund will be made only upon presentment and surrender of this <strong>Class X Certificate</strong> at the Corporate Trust Office or the office or agency maintained by the Trustee in New York, New York.", "Each Certificate, other than the <strong>Class X Certificate</strong> and Class R Certificate, represents ownership of a regular interest in the Upper Tier REMIC for purposes of the REMIC Provisions."], "related": [["class-x-certificates", "Class X Certificates", "<strong>Class X Certificates</strong>"], ["class-x-b-certificate", "Class X-B Certificate", "Class X-B Certificate"], ["class-r-x-certificate", "Class R-X Certificate", "Class R-X Certificate"], ["class-x-a-certificate", "Class X-A Certificate", "Class X-A Certificate"], ["class-x-d-certificate", "Class X-D Certificate", "Class X-D Certificate"]], "related_snippets": [], "updated": "2025-07-06T21:58:41+00:00"}, "json": true, "cursor": ""}}