W I T N E S S E T H T H A T. In consideration of the mutual agreements herein contained, the Depositor, the Servicer and the Trustee agree as follows:
W I T N E S S E T H T H A T. In consideration of the mutual agreements herein contained, the parties hereto agree as follows:
W I T N E S S E T H T H A T. In consideration of the mutual agreements herein contained, the Seller, the Master Servicer, the Trustee and the Trust Administrator agree as follows:
W I T N E S S E T H T H A T. In consideration of the mutual agreements set forth in this Agreement, the parties agree as follows: P R E L I M I N A R Y S T A T E M E N T The Depositor is the owner of the Trust Fund that is hereby conveyed to the Trustee in return for the Certificates. The Trust Fund (exclusive of any amounts in respect of waived Prepayment Charges paid by the Servicer to the Class P Certificates pursuant to the second paragraph of Section 3.20 hereof) for federal income tax purposes will consist of two REMICs (the "Lower Tier REMIC" and the "Master REMIC"). Each Certificate, other than the Class A-R Certificate, will represent ownership of one or more regular interests in the Master REMIC for purposes of the REMIC Provisions. The Class A-R Certificate represents ownership of the sole class of residual interest in each REMIC created hereunder. The Master REMIC will hold as assets the Lower Tier Regular Interests. The Lower Tier REMIC will hold as assets all property of the Trust Fund. For federal income tax purposes, each Certificate (other than the Class A-R Certificate) is hereby designated as a regular interest in the Master REMIC and each Lower Tier Regular Interest, as defined below, is designated as a regular interest in the Lower Tier REMIC. The latest possible maturity date of all REMIC regular interests created in this Agreement shall be the Latest Possible Maturity Date. All amounts in respect of waived Prepayment Charges paid by the Servicer to the Class P Certificates pursuant to the second paragraph of Section 3.20 hereof will be treated as paid directly by the Servicer to the Class P Certificates and not as paid by or through any REMIC created hereunder. The Lower Tier REMIC The following table sets forth characteristics of the Lower Tier Regular Interests:
W I T N E S S E T H T H A T. 1. This Agreement is made pursuant to Section [2.4] of that certain Lease dated [date], between Landlord and Tenant (the “Lease”).
W I T N E S S E T H T H A T. In consideration of the mutual agreements herein contained, GE Capital Mortgage Services, Inc. and State Street Bank and Trust Company agree as follows:
W I T N E S S E T H T H A T. In consideration of the mutual agreements set forth in this Agreement, the parties agree as follows: P R E L I M I N A R Y S T A T E M E N T The Depositor is the owner of the Trust Fund that is hereby conveyed to the Trustee in return for the Certificates. As provided in this Agreement, the Trustee will elect that the Trust Fund be treated for federal income tax purposes as comprising one real estate mortgage investment conduit (the "REMIC"). The REMIC will hold as assets all property of the Trust Fund and will be evidenced by the Certificates which will represent the "regular interests" in the REMIC and the Class A-R Certificate as the single "residual interest" in the REMIC. The latest possible maturity date of the REMIC regular interests created herein shall be the Latest Possible Maturity Date. The REMIC The following table sets forth characteristics of the Certificates, together with minimum denominations and integral multiples in excess thereof in which such Classes shall be issuable, except that one Residual Certificate representing the Tax Matters Person Certificate may be issued in a different amount: ============================ ========================= ================= ================== ===================== --------------------------- Initial Class Pass-Through Minimum Integral Multiples Class Designation Certificate Balance Rate Denomination in Excess of Minimum ---------------------------- ------------------------- ----------------- ------------------ --------------------- ---------------------------- ------------------------- ----------------- ------------------ --------------------- Class A-1 $198,666,000 6.00% $ 25,000 $1,000 ---------------------------- ------------------------- ----------------- ------------------ --------------------- ---------------------------- ------------------------- ----------------- ------------------ --------------------- Class A-2 $20,000,000 8.50% $ 25,000 $1,000 ---------------------------- ------------------------- ----------------- ------------------ --------------------- ---------------------------- ------------------------- ----------------- ------------------ --------------------- Class A-3 $100,000,000 5.50% $ 25,000 $1,000 ---------------------------- ------------------------- ----------------- ------------------ --------------------- ---------------------------- ------------------------- ----------------- ------------------ --------------------- Class A-4 $ 3,000,000 6.00% $ 1,000 $1,000 ----------...
W I T N E S S E T H T H A T. The parties, for and in consideration of the mutual and reciprocal covenants and agreements hereinafter contained, do contract and agree as follows:
W I T N E S S E T H T H A T. In consideration of the mutual covenants herein contained, the Issuer and the Indenture Trustee hereby agree as follows for the benefit of each of them and for the equal and ratable benefit of the holders of the Issuer's Class A-1 Floating Rate Home Loan Asset Backed Notes (the "Class A-1 Notes"), Class A-2 6.59%
W I T N E S S E T H T H A T. In consideration of the mutual agreements herein contained, the Depositor, the NMC Servicer, the BAFSB Servicer, the BANA Servicer and the Trustee agree as follows:
