Allocation of Applied Realized Loss Amounts. Any Applied Realized Loss Amounts shall be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding in reduction of the Class Certificate Balance thereof.
Appears in 46 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Nc5), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc1), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He7)
Allocation of Applied Realized Loss Amounts. Any Applied Realized Loss Amounts shall will be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding outstanding in reduction of the Class Certificate Balance thereof.
Appears in 41 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc CDC Mor Cap Tr 2004-He2), Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc)
Allocation of Applied Realized Loss Amounts. Any Applied Realized Loss Amounts shall will be allocated by the Trustee to the most junior Class of Subordinated Subordinate Certificates then Outstanding outstanding in reduction of the Class Certificate Balance thereof.
Appears in 26 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc Trust 2003-Nc7), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc), Pooling and Servicing Agreement (Gs Mortgage Securities Corp Mort Pas THR Cert Ser 2002 Nc1)
Allocation of Applied Realized Loss Amounts. Any Applied Realized Loss Amounts shall be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding outstanding in reduction of the Class Certificate Balance thereof.
Appears in 16 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He7), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He5)
Allocation of Applied Realized Loss Amounts. Any Applied Realized Loss Amounts shall will be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding outstanding in reduction of the Class Certificate Balance thereof.
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2005-Ff1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2005-He1), Custodial Agreement (GSAMP Trust 2006-He2)
Allocation of Applied Realized Loss Amounts. Any Applied Realized Loss Amounts shall be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding outstanding in reduction of the Class Certificate Balance thereof.. 105
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc)
Allocation of Applied Realized Loss Amounts. Any Applied Realized Loss Amounts shall will be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding in reduction of the Class Certificate Balance thereof.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2005-Op2)
