Common use of Allocation of Losses Clause in Contracts

Allocation of Losses. (a) On or prior to each Determination Date, the Company shall determine the amount of any Realized Loss in respect of each Mortgage Loan that occurred during the immediately preceding calendar month.

Appears in 32 contracts

Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-6 Trust), Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-4 Trust), Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)

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Allocation of Losses. (a) On or prior to each Determination Date, the Company Securities Administrator shall determine the amount of any Realized Loss in respect of each Mortgage Loan that occurred during the immediately preceding calendar month.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1), Pooling and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Af1), Pooling and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-1)

Allocation of Losses. (a) On or prior to each Determination Date, the Company shall determine the amount of any Realized Loss in respect of each Mortgage Loan in each Mortgage Pool that occurred during the immediately preceding calendar month.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc), Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)

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Allocation of Losses. (a) On or prior to each Determination Date, the Company shall determine the amount of any Realized Loss in each Mortgage Pool in respect of each Mortgage Loan that occurred during the immediately preceding calendar month.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-13 Trust)

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