of the Series Supplement. The REMIC Administrator and the Trustee shall not permit the creation of any "interests" (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "regular interests" and "residual interests" so designated.
Appears in 214 contracts
Sources: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (RFMSI Series 2005-S2 Trust)
of the Series Supplement. The REMIC Administrator and the Trustee shall not permit the creation of any "“interests" ” (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "“regular interests" ” and "“residual interests" ” so designated.
Appears in 2 contracts
Sources: Master Servicing Agreement (Phoenix Residential Securities, LLC), Pooling and Servicing Agreement (Residential Accredit Loans Inc)
of the Series Supplement. The REMIC Administrator and the Trustee shall not permit the creation of any "“interests" ” (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "“regular interests" ” and "“residual interests" ” so designated.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Phoenix Residential Securities, LLC)