{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "realized-losses", "type": "definition", "offset": [0, 15]}], "size": 35, "snippet": "REALIZED LOSSES, EXPENSE LOSSES AND SHORTFALLS DUE TO NONRECOVERABILITY.", "samples": [{"hash": "9id3EuEL9ZZ", "uri": "/contracts/9id3EuEL9ZZ#allocation-of", "label": "Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2007-Hq13)", "score": 21.0, "published": true}, {"hash": "jjuPQMM8Zv1", "uri": "/contracts/jjuPQMM8Zv1#allocation-of", "label": "Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2005-Hq6)", "score": 19.0, "published": true}, {"hash": "j0PSV3pXMTi", "uri": "/contracts/j0PSV3pXMTi#allocation-of", "label": "Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2004 HQ4)", "score": 19.0, "published": true}], "hash": "3675378be12e68a9d4d551af0f5bfb52", "id": 1}, {"snippet_links": [{"key": "the-city", "type": "clause", "offset": [15, 23]}, {"key": "responsibility-for", "type": "clause", "offset": [35, 53]}, {"key": "consequences-of", "type": "definition", "offset": [62, 77]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [106, 124]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [190, 208]}, {"key": "sole-responsibility", "type": "clause", "offset": [229, 248]}, {"key": "all-applicable-laws", "type": "definition", "offset": [290, 309]}, {"key": "without-limitation", "type": "clause", "offset": [322, 340]}, {"key": "internal-revenue-code", "type": "definition", "offset": [346, 367]}, {"key": "indemnify-and-hold", "type": "clause", "offset": [383, 401]}, {"key": "other-costs-and-expenses", "type": "clause", "offset": [453, 477]}, {"key": "resulting-from", "type": "definition", "offset": [478, 492]}], "size": 2, "snippet": "RESPONSIBILITY The City assumes no responsibility for the tax consequences of any VEBA contributions made by or on behalf of any member. Each union that elects to require VEBA contributions for the benefit of its members assumes sole responsibility for insuring that the VEBA complies with all applicable laws, including, without limitation, the Internal Revenue Code, and agrees to indemnify and hold the City harmless for any taxes, penalties and any other costs and expenses resulting from such contributions.", "samples": [{"hash": "5qse88fmVU7", "uri": "/contracts/5qse88fmVU7#allocation-of", "label": "Collective Bargaining Agreement", "score": 29.3800978639, "published": true}, {"hash": "k6i72D35E1t", "uri": "/contracts/k6i72D35E1t#allocation-of", "label": "Collective Bargaining Agreement", "score": 24.1909650924, "published": true}], "hash": "d834226cae3dd4aac2c502d669d6a7eb", "id": 2}, {"snippet_links": [{"key": "realized-losses", "type": "definition", "offset": [0, 15]}, {"key": "with-respect-to", "type": "clause", "offset": [16, 31]}, {"key": "the-group", "type": "clause", "offset": [32, 41]}, {"key": "prior-to", "type": "definition", "offset": [74, 82]}, {"key": "determination-date", "type": "definition", "offset": [88, 106]}, {"key": "trustee-shall", "type": "definition", "offset": [112, 125]}, {"key": "determine-the", "type": "clause", "offset": [126, 139]}, {"key": "in-respect-of", "type": "clause", "offset": [168, 181]}, {"key": "calendar-month", "type": "definition", "offset": [259, 273]}, {"key": "excess-losses", "type": "definition", "offset": [352, 365]}, {"key": "the-senior", "type": "clause", "offset": [391, 401]}, {"key": "subordinate-certificates", "type": "definition", "offset": [402, 426]}, {"key": "class-c", "type": "definition", "offset": [457, 464]}, {"key": "b-6-certificates", "type": "definition", "offset": [465, 481]}, {"key": "to-zero", "type": "definition", "offset": [540, 547]}, {"key": "b-5-certificates", "type": "definition", "offset": [577, 593]}, {"key": "b-4-certificates", "type": "definition", "offset": [689, 705]}, {"key": "b-3-certificates", "type": "definition", "offset": [801, 817]}, {"key": "b-2-certificates", "type": "definition", "offset": [911, 927]}, {"key": "b-1-certificates", "type": "definition", "offset": [1022, 1038]}, {"key": "senior-certificates", "type": "definition", "offset": [1132, 1151]}, {"key": "related-loan-group", "type": "definition", "offset": [1159, 1177]}, {"key": "class-iv", "type": "definition", "offset": [1194, 1202]}, {"key": "pro-rata", "type": "clause", "offset": [1220, 1228]}, {"key": "according-to", "type": "definition", "offset": [1230, 1242]}, {"key": "reduction-of", "type": "clause", "offset": [1250, 1262]}, {"key": "principal-balances", "type": "definition", "offset": [1281, 1299]}, {"key": "interest-for", "type": "definition", "offset": [1325, 1337]}, {"key": "excess-interest-amounts", "type": "definition", "offset": [1400, 1423]}, {"key": "net-interest-shortfalls", "type": "definition", "offset": [1443, 1466]}, {"key": "the-accrued", "type": "clause", "offset": [1547, 1558]}, {"key": "group-c", "type": "clause", "offset": [1588, 1595]}, {"key": "group-iii", "type": "definition", "offset": [1680, 1689]}, {"key": "group-iv-mortgage-loans", "type": "definition", "offset": [1694, 1717]}, {"key": "classes-of-certificates", "type": "clause", "offset": [1837, 1860]}, {"key": "if-applicable", "type": "clause", "offset": [1867, 1880]}, {"key": "group-ii-excess-interest-amount", "type": "definition", "offset": [1886, 1917]}, {"key": "related-to", "type": "clause", "offset": [1919, 1929]}, {"key": "based-on", "type": "clause", "offset": [1947, 1955]}, {"key": "amount-of-interest", "type": "definition", "offset": [1960, 1978]}, {"key": "to-receive", "type": "definition", "offset": [2101, 2111]}, {"key": "date-from", "type": "definition", "offset": [2133, 2142]}, {"key": "reduction-in", "type": "definition", "offset": [2190, 2202]}, {"key": "resulting-from", "type": "definition", "offset": [2215, 2229]}, {"key": "a-class", "type": "definition", "offset": [2266, 2273]}, {"key": "a-loan", "type": "definition", "offset": [2366, 2372]}, {"key": "interest-accruing", "type": "clause", "offset": [2456, 2473]}, {"key": "the-applicable", "type": "clause", "offset": [2477, 2491]}, {"key": "net-wac-rate", "type": "clause", "offset": [2492, 2504]}, {"key": "proportionate-share", "type": "clause", "offset": [2520, 2539]}, {"key": "the-certificate", "type": "clause", "offset": [2550, 2565]}, {"key": "related-group", "type": "definition", "offset": [2592, 2605]}, {"key": "component-balance", "type": "definition", "offset": [2610, 2627]}, {"key": "the-class-p-certificates", "type": "clause", "offset": [2793, 2817]}, {"key": "aggregate-certificate-principal-balance", "type": "clause", "offset": [2944, 2983]}, {"key": "balance-of-the", "type": "clause", "offset": [3094, 3108]}, {"key": "after-giving", "type": "clause", "offset": [3166, 3178]}, {"key": "distributions-of-principal", "type": "clause", "offset": [3189, 3215]}, {"key": "the-allocation", "type": "clause", "offset": [3220, 3234]}, {"key": "principal-loss", "type": "definition", "offset": [3327, 3341]}, {"key": "allocated-to", "type": "definition", "offset": [3354, 3366]}, {"key": "junior-class", "type": "definition", "offset": [3376, 3388]}, {"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [3437, 3487]}, {"key": "the-reports", "type": "clause", "offset": [3563, 3574]}, {"key": "by-the-servicer", "type": "clause", "offset": [3585, 3600]}, {"key": "this-agreement", "type": "clause", "offset": [3607, 3621]}, {"key": "certificates-for", "type": "clause", "offset": [3959, 3975]}, {"key": "the-loan", "type": "clause", "offset": [4256, 4264]}, {"key": "class-of-certificates", "type": "clause", "offset": [4453, 4474]}, {"key": "order-of-seniority", "type": "definition", "offset": [4588, 4606]}, {"key": "holders-of", "type": "clause", "offset": [4745, 4755]}, {"key": "interest-on-the", "type": "clause", "offset": [4844, 4859]}, {"key": "accrual-period", "type": "definition", "offset": [4893, 4907]}, {"key": "the-distribution-date", "type": "definition", "offset": [4918, 4939]}, {"key": "certificate-of", "type": "clause", "offset": [5052, 5066]}, {"key": "in-accordance-with", "type": "definition", "offset": [5078, 5096]}, {"key": "percentage-interest", "type": "definition", "offset": [5112, 5131]}, {"key": "loans-shall", "type": "definition", "offset": [5184, 5195]}, {"key": "remic-i-regular-interests", "type": "definition", "offset": [5252, 5277]}, {"key": "specified-percentages", "type": "definition", "offset": [5285, 5306]}, {"key": "uncertificated-principal-balance", "type": "definition", "offset": [5345, 5377]}, {"key": "each-remic-i-regular-interest", "type": "definition", "offset": [5381, 5410]}, {"key": "the-designation", "type": "clause", "offset": [5423, 5438]}, {"key": "equal-to", "type": "definition", "offset": [5445, 5453]}, {"key": "aggregate-stated-principal-balance", "type": "definition", "offset": [5467, 5501]}, {"key": "of-the-mortgage-loans", "type": "clause", "offset": [5502, 5523]}, {"key": "uncertificated-balance", "type": "definition", "offset": [5639, 5661]}, {"key": "the-excess", "type": "clause", "offset": [5721, 5731]}, {"key": "the-current", "type": "clause", "offset": [5835, 5846]}, {"key": "distribution-period", "type": "clause", "offset": [6002, 6021]}, {"key": "remic-i-subordinated-balance-ratio", "type": "definition", "offset": [6124, 6158]}, {"key": "remic-iii-regular-interest", "type": "definition", "offset": [6372, 6398]}, {"key": "in-the-same-manner", "type": "definition", "offset": [6755, 6773]}, {"key": "corresponding-certificates", "type": "definition", "offset": [6827, 6853]}], "size": 2, "snippet": "REALIZED LOSSES WITH RESPECT TO THE GROUP I-IV MORTGAGE LOANS .\n(a) On or prior to each Determination Date, the Trustee shall determine the amount of any Realized Loss in respect of each Group I-IV Mortgage Loan that occurred during the immediately preceding calendar month.\n(b) Any Realized Loss with respect to a Group I-IV Mortgage Loan, except for Excess Losses, will be allocated among the Senior-Subordinate Certificates as follows:\n(i) first, to the Class C-B-6 Certificates, until its Certificate Principal Balance has been reduced to zero;\n(ii) second, to the Class C-B-5 Certificates, until its Certificate Principal Balance has been reduced to zero;\n(iii) third, to the Class C-B-4 Certificates, until its Certificate Principal Balance has been reduced to zero;\n(iv) fourth, to the Class C-B-3 Certificates, until its Certificate Principal Balance has been reduced to zero;\n(v) fifth, to the Class C-B-2 Certificates, until its Certificate Principal Balance has been reduced to zero;\n(vi) sixth, to the Class C-B-1 Certificates, until its Certificate Principal Balance has been reduced to zero; and\n(vii) seventh, to the Senior Certificates of the related Loan Group (other than the Class IV-X Certificates), pro rata, according to and in reduction of their Certificate Principal Balances.\n(c) Accrued Certificate Interest for each Class of Group I-IV Senior Certificates and the Group II Excess Interest Amounts will be reduced by Net Interest Shortfalls on the Mortgage Loans in the related Loan Group for that Distribution Date, and the Accrued Certificate Interest for the Group C-B Certificates will be reduced by Net Interest Shortfalls on the Group I, Group II, Group III and Group IV Mortgage Loans for that Distribution Date. Net Interest Shortfalls on any Distribution Date will be allocated pro rata among all such Classes of Certificates, and, if applicable, the Group II Excess Interest Amount, related to such Loan Group, based on the amount of interest each of those Classes of Certificates and the Group II Excess Interest Amount, as applicable, would otherwise be entitled to receive on that Distribution Date from such Loan Group before taking into account any reduction in the amounts resulting from Net Interest Shortfalls. The amount a Class of Group C-B Certificates would otherwise be entitled to receive from the Mortgage Loans in a Loan Group before taking into account any such reduction will be based on the amount of interest accruing at the applicable Net WAC Rate on that Class' proportionate share, based on the Certificate Principal Balance, of the related Group C-B Component Balance for that Distribution Date.\n(d) On each Distribution Date, Excess Losses will be allocated pro rata among the Classes of Senior-Subordinate Certificates (other than the Class P Certificates and Class IV-X Certificates), based on their respective Certificate Principal Balances.\n(e) On each Distribution Date, if the aggregate Certificate Principal Balance of all Classes of Group I-IV Certificates (other than the Class IV-X Certificates) exceeds the Aggregate Loan Balance of the Group I, Group II, Group III and Group IV Mortgage Loans after giving effect to distributions of principal and the allocation of all losses to these Certificates on that Distribution Date, that excess will be deemed a principal loss and will be allocated to the most junior Class of Group C-B Certificates then outstanding.\n(f) Notwithstanding anything to the contrary contained herein, if on any Distribution Date the Trustee discovers, based solely on the reports delivered by the Servicer under this Agreement that any Recoveries have been collected by the Servicer with respect to the Group I-IV Mortgage Loans, the amount of such Recoveries will be applied to increase the Certificate Principal Balance of each Class of Senior-Subordinate Certificates to which Realized Losses have been allocated (including any such Class of Senior-Subordinate Certificates for which the Certificate Principal Balance has been reduced to zero), up to the amount of related Recoveries for such Distribution Date, as follows: (a) first, the Certificate Principal Balance of each Class of Senior Certificates (other than the Class IV-X Certificates) related to the Loan Group from which each Recovery was collected will be increased, pro rata, up to the amount of Realized Losses previously allocated to reduce the Certificate Principal Balance of each such Class of Certificates, and (b) second, the Certificate Principal Balance of each Class of Group C-B Certificates will be increased, in order of seniority, up to the amount of Realized Losses previously allocated to reduce the Certificate Principal Balance of each such Class of Certificates. Holders of such Certificates will not be entitled to any payment in respect of Accrued Certificate Interest on the amount of such increases for any Accrual Period preceding the Distribution Date on which such increase occurs. Any such increases shall be applied to the Certificate Principal Balance of each Certificate of such Class in accordance with its respective Percentage Interest.\n(g) All Realized Losses on the Group I-IV Mortgage Loans shall be allocated on each Distribution Date to the following REMIC I Regular Interests in the specified percentages, as follows: first, so as to keep the Uncertificated Principal Balance of each REMIC I Regular Interest ending with the designation \"GRP\" equal to 0.01% of the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group; second, to each REMIC I Regular Interest ending with the designation \"SUB,\" so that the Uncertificated Balance of each such REMIC I Regular Interest is equal to 0.01% of the excess of (x) the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group over (y) the current Certificate Principal Balance of the Senior Certificate in the related Loan Group (except that if any such excess is a larger number than in the preceding distribution period, the least amount of Realized Losses shall be applied to such REMIC I Regular Interests such that the REMIC I Subordinated Balance Ratio is maintained); and third, any remaining Realized Losses shall be allocated to REMIC I Regular Interest LTI-ZZ. All Realized Losses on the Group I-IV Mortgage Loans shall be allocated on each Distribution Date to REMIC III Regular Interest LTIII-IA, REMIC III Regular Interest LTIII-IIA, REMIC III Regular Interest LTIII-IIIA, REMIC III Regular Interest LTIII-IVA, REMIC III Regular Interest LTIII-CB1, REMIC III Regular Interest LTIII-CB2, REMIC III Regular Interest LTIII-CB3, REMIC III Regular Interest LTIII-CB4, REMIC III Regular Interest LTIII-CB5 and REMIC III Regular Interest LTIII-CB6, in the same manner and priority as Realized Losses are allocated to the Corresponding Certificates.", "samples": [{"hash": "3ohMQfgreLH", "uri": "/contracts/3ohMQfgreLH#allocation-of", "label": "Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2004-Ar1)", "score": 18.0, "published": true}], "hash": "1e08b42bdc586fb9281b05c8f75b69da", "id": 3}, {"snippet_links": [{"key": "set-aside", "type": "clause", "offset": [36, 45]}, {"key": "budget-of", "type": "clause", "offset": [60, 69]}, {"key": "development-of", "type": "clause", "offset": [123, 137]}, {"key": "each-member", "type": "definition", "offset": [138, 149]}, {"key": "a-member", "type": "clause", "offset": [214, 222]}, {"key": "next-fiscal-year", "type": "definition", "offset": [261, 277]}], "size": 1, "snippet": "funds (a) A fund of $1,500 shall be set aside in the annual budget of the library and of each Faculty for the professional development of each Member. If on May 1 of a given fiscal year there is money remaining in a Member\u2019s fund, it will be transferred to the next fiscal year, up to a maximum of $1,500. When money is transferred to the next fiscal year, the maximum a Member will be allowed in that given fiscal year will be $3,000.", "samples": [{"hash": "hH96WRzDfS0", "uri": "/contracts/hH96WRzDfS0#allocation-of", "label": "Collective Agreement", "score": 20.5619438741, "published": true}], "hash": "f30af4685e56dcebac21a2aaa6e69a37", "id": 4}, {"snippet_links": [{"key": "an-event-of-default", "type": "clause", "offset": [3, 22]}, {"key": "maturity-of-the-notes", "type": "clause", "offset": [65, 86]}, {"key": "article-vi", "type": "definition", "offset": [120, 130]}, {"key": "agent-hereunder", "type": "clause", "offset": [168, 183]}, {"key": "in-respect-of", "type": "clause", "offset": [185, 198]}, {"key": "principal-of", "type": "definition", "offset": [203, 215]}, {"key": "the-obligations", "type": "clause", "offset": [231, 246]}, {"key": "amounts-payable-by-borrower", "type": "clause", "offset": [260, 287]}, {"key": "loan-party", "type": "definition", "offset": [301, 311]}], "size": 1, "snippet": "If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article VI hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by Borrower or any other Loan Party hereunder, shall be applied by the Agent in the following order:", "samples": [{"hash": "457RENA8dqI", "uri": "/contracts/457RENA8dqI#allocation-of", "label": "Credit Agreement (Cato Corp)", "score": 31.3887748118, "published": true}], "hash": "2c8be3c155d7399135b00a4b323cb42a", "id": 5}, {"snippet_links": [{"key": "oil-and", "type": "definition", "offset": [8, 15]}, {"key": "the-state", "type": "clause", "offset": [16, 25]}, {"key": "profit-oil", "type": "clause", "offset": [28, 38]}, {"key": "delivery-of", "type": "clause", "offset": [63, 74]}, {"key": "national-petroleum-agency", "type": "definition", "offset": [106, 131]}, {"key": "appropriate-authority", "type": "definition", "offset": [175, 196]}, {"key": "within-thirty", "type": "clause", "offset": [236, 249]}, {"key": "issued-by", "type": "definition", "offset": [323, 332]}, {"key": "on-behalf-of", "type": "clause", "offset": [394, 406]}, {"key": "the-government", "type": "definition", "offset": [407, 421]}, {"key": "sao-tome-and-principe", "type": "definition", "offset": [425, 446]}], "size": 1, "snippet": "Royalty Oil and the State\u2019s Profit Oil shall be in the form of delivery of Production of Petroleum to the National Petroleum Agency and the National Petroleum Agency or other appropriate authority shall issue receipts for such delivery within thirty (30) days of lifting such Royalty Oil and Profit Oil. These receipts are issued by the National Petroleum Agency or other appropriate authority on behalf of the Government of Sao Tome and Principe.", "samples": [{"hash": "juZWcc4J48k", "uri": "/contracts/juZWcc4J48k#allocation-of", "label": "Production Sharing Contract", "score": 30.340862423, "published": true}], "hash": "b505b31714df152cd727838ac8e78123", "id": 6}, {"snippet_links": [{"key": "realized-losses", "type": "definition", "offset": [0, 15]}, {"key": "distribution-date", "type": "definition", "offset": [93, 110]}, {"key": "principal-losses", "type": "definition", "offset": [169, 185]}, {"key": "each-mortgage-loan", "type": "definition", "offset": [189, 207]}, {"key": "collection-period", "type": "clause", "offset": [236, 253]}, {"key": "balance-of-the", "type": "clause", "offset": [283, 297]}, {"key": "corresponding-remic-i-regular-interest", "type": "definition", "offset": [298, 336]}, {"key": "interest-losses", "type": "definition", "offset": [352, 367]}, {"key": "loan-shall", "type": "definition", "offset": [385, 395]}, {"key": "allocated-to", "type": "definition", "offset": [399, 411]}, {"key": "interest-for", "type": "definition", "offset": [452, 464]}, {"key": "unpaid-interest", "type": "definition", "offset": [498, 513]}, {"key": "each-case", "type": "definition", "offset": [517, 526]}, {"key": "to-the-extent", "type": "clause", "offset": [584, 597]}, {"key": "realized-interest-loss", "type": "definition", "offset": [608, 630]}, {"key": "expense-loss", "type": "definition", "offset": [675, 687]}, {"key": "not-otherwise-applied", "type": "definition", "offset": [711, 732]}, {"key": "remic-i-regular-interests", "type": "definition", "offset": [815, 840]}, {"key": "certificate-balances", "type": "clause", "offset": [864, 884]}, {"key": "other-allocations", "type": "clause", "offset": [902, 919]}, {"key": "in-the-event", "type": "clause", "offset": [952, 964]}, {"key": "the-master-servicer", "type": "definition", "offset": [970, 989]}, {"key": "the-trustee", "type": "clause", "offset": [991, 1002]}, {"key": "the-fiscal-agent", "type": "definition", "offset": [1006, 1022]}, {"key": "the-certificate-account", "type": "clause", "offset": [1167, 1190]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1191, 1210]}, {"key": "available-advance-reimbursement-amount", "type": "definition", "offset": [1262, 1300]}, {"key": "section-46", "type": "clause", "offset": [1313, 1324]}, {"key": "determine-the", "type": "clause", "offset": [1336, 1349]}, {"key": "interest-on-the", "type": "clause", "offset": [1413, 1428]}, {"key": "related-mortgage-loan", "type": "definition", "offset": [1429, 1450]}, {"key": "servicing-advances", "type": "clause", "offset": [1500, 1518]}, {"key": "advance-interest", "type": "definition", "offset": [1528, 1544]}, {"key": "available-distribution-amount", "type": "clause", "offset": [1726, 1755]}, {"key": "interest-paid", "type": "clause", "offset": [1815, 1828]}, {"key": "each-remic-i-regular-interest", "type": "definition", "offset": [1832, 1861]}, {"key": "interest-on-each", "type": "clause", "offset": [1994, 2010]}, {"key": "as-principal", "type": "clause", "offset": [2075, 2087]}, {"key": "the-principal", "type": "definition", "offset": [2209, 2222]}, {"key": "principal-payments", "type": "definition", "offset": [2353, 2371]}, {"key": "with-respect-to", "type": "clause", "offset": [2524, 2539]}, {"key": "in-accordance-with", "type": "definition", "offset": [2598, 2616]}, {"key": "final-recovery-determination", "type": "definition", "offset": [2666, 2694]}, {"key": "nonrecoverable-advances", "type": "definition", "offset": [2902, 2925]}, {"key": "other-time", "type": "clause", "offset": [2938, 2948]}, {"key": "such-mortgage-loan", "type": "definition", "offset": [3000, 3018]}, {"key": "agent-shall", "type": "definition", "offset": [3122, 3133]}, {"key": "realized-principal-loss", "type": "definition", "offset": [3201, 3224]}, {"key": "distributions-of-principal", "type": "clause", "offset": [3647, 3673]}, {"key": "remic-i-interest", "type": "definition", "offset": [3844, 3860]}, {"key": "remaining-portion", "type": "definition", "offset": [3910, 3927]}, {"key": "resulting-from-the", "type": "clause", "offset": [4172, 4190]}, {"key": "reduction-in", "type": "definition", "offset": [4191, 4203]}, {"key": "distributions-of-interest", "type": "clause", "offset": [4204, 4229]}, {"key": "amount-recovered", "type": "definition", "offset": [4326, 4342]}, {"key": "the-mortgage-loan", "type": "definition", "offset": [4346, 4363]}, {"key": "recoveries-of-principal", "type": "definition", "offset": [4458, 4481]}, {"key": "payments-of-principal-on-the", "type": "clause", "offset": [4535, 4563]}, {"key": "to-zero", "type": "definition", "offset": [4680, 4687]}, {"key": "principal-distributions", "type": "clause", "offset": [4802, 4825]}, {"key": "payments-of-interest", "type": "clause", "offset": [5254, 5274]}, {"key": "recovery-of-expenses", "type": "clause", "offset": [5721, 5741]}, {"key": "reimbursement-of-expense", "type": "clause", "offset": [5783, 5807]}], "size": 1, "snippet": "REALIZED LOSSES, EXPENSE LOSSES AND SHORTFALLS DUE TO NONRECOVERABILITY\n(a) REMIC I. On each Distribution Date, except as provided in subsection (b) below,\n(i) Realized Principal Losses on each Mortgage Loan realized during the related Collection Period shall reduce the Certificate Balance of the Corresponding REMIC I Regular Interest;\n(ii) Realized Interest Losses on each Mortgage Loan shall be allocated to reduce first, Distributable Certificate Interest for such Distribution Date, and then Unpaid Interest in each case owing on the Corresponding REMIC I Regular Interest; and to the extent that such Realized Interest Loss exceeds such amount, shall be treated as an Expense Loss;\n(iii) Expense Losses (not otherwise applied above) realized during the related Collection Period shall be allocated among the REMIC I Regular Interests in proportion to their Certificate Balances after making all other allocations for such Distribution Date.\n(b) In the event that the Master Servicer, the Trustee or the Fiscal Agent, determines that an Advance previously made by it is a Nonrecoverable Advance and the Master Servicer withdraws the amount of such Advance from the Certificate Account pursuant to Section 5.2(a) hereof (which amount shall be treated as an Available Advance Reimbursement Amount pursuant to Section 4.6), it shall determine the portion of the amount so withdrawn that is attributable to (w) interest on the related Mortgage Loan; (x) principal on the related Mortgage Loan; (y) Servicing Advances; and (z) Advance Interest. The portion of the amount so withdrawn from the Certificate Account that is allocable to:\n(i) amounts previously advanced as interest on the related Mortgage Loan shall reduce the Available Distribution Amount for REMIC I and shall be allocated to reduce the amount of interest paid on each REMIC I Regular Interest on such Distribution Date in proportion to Distributable Certificate Interest otherwise payable thereon, and shall result in Unpaid Interest on each such REMIC I Regular Interest;\n(ii) amounts previously advanced as principal on the related Mortgage Loan shall reduce the Available Distribution Amount for REMIC I and shall be allocated to reduce the principal paid on each REMIC I Regular Interest on which principal would otherwise be paid on such Distribution Date, in proportion to such principal payments; and\n(iii) amounts previously advanced as Servicing Advances, as well as Advance Interest owing to the Master Servicer, the Trustee or the Fiscal Agent with respect to Advances shall be treated as Expense Losses and allocated in accordance with Section 6.6(a)(iii) above.\n(c) At such time as a Final Recovery Determination is made with respect to any Mortgage Loan with respect to which the Master Servicer previously had withdrawn amounts from the Certificate Account following a determination that Advances previously made were Nonrecoverable Advances, or at such other time as a Realized Loss shall occur with respect to any such Mortgage Loan, the Master Servicer shall compute the Realized Loss with respect to such Mortgage Loan and the Paying Agent shall allocate such Realized Loss as follows:\n(i) to the extent that any Realized Principal Loss does not exceed the Certificate Balance on the Corresponding REMIC I Regular Interest, such Realized Principal Loss shall be allocated to such REMIC I Regular Interest; and to the extent that any Realized Principal Loss exceeds the Certificate Balance of the Corresponding REMIC I Regular Interest, such Realized Principal Loss shall be allocated to the other Corresponding REMIC I Regular Interests with respect to which distributions of principal were reduced pursuant to Section 6.6(b)(i) above, in proportion to the amount of such reductions;\n(ii) any Realized Interest Loss shall be allocated to the Corresponding REMIC I Interest to the extent of Unpaid Interest thereon and any remaining portion of the Realized Interest Loss shall be allocated as a Realized Interest Loss on each REMIC I Regular Interest with respect to which Unpaid Interest was created pursuant to Section 6.6(b)(ii) above in proportion to the amount of Unpaid Interest resulting from the reduction in distributions of interest on such REMIC I Regular Interest pursuant to Section 6.6(b)(ii) above;\n(iii) the portion of the amount recovered on the Mortgage Loan with respect to which amounts were withdrawn from the Certificate Account that are treated as Recoveries of principal on the Mortgage Loan shall be applied first, to make payments of principal on the Corresponding REMIC I Regular Interest until the Realized Principal Losses previously allocated thereto are reduced to zero and thereafter to make payments of principal to the Corresponding REMIC I Regular Interests with respect to which principal distributions were reduced pursuant to Section 6.6(b)(ii) above, in proportion to the amount of such reductions;\n(iv) the portion of the amount recovered on the Mortgage Loan with respect to which amounts were withdrawn from the Certificate Account that are treated as Recoveries of interest on the Mortgage Loan shall be applied first, to make payments of Unpaid Interest on the Corresponding REMIC I Regular Interest and thereafter to make payments of interest on each REMIC I Interest with respect to which Unpaid Interest was created pursuant to Section 6.6(b)(i) above in proportion to the amount of Unpaid Interest resulting from the reduction in distributions of interest on such REMIC I Regular Interest pursuant to Section 6.6(b)(i) above; and\n(v) the portion of the amount recovered on the Mortgage Loan with respect to which amounts were withdrawn from the Certificate Account that is treated as a recovery of expenses on the Mortgage Loan shall be applied in reimbursement of Expense Losses on each REMIC I Regular Interest with respect to which an Expense Loss was created pursuant to Section 6.6(b)(iii) above in proportion to the amount of the Expense Loss allocated thereto pursuant to Section 6.6(b)(iii) above.", "samples": [{"hash": "dDbIGZyc6Rl", "uri": "/contracts/dDbIGZyc6Rl#allocation-of", "label": "Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2001-Top4)", "score": 18.0, "published": true}], "hash": "65b2655d2d67f4a00eebbe7a18d152a5", "id": 7}, {"snippet_links": [{"key": "the-employer", "type": "definition", "offset": [0, 12]}], "size": 1, "snippet": "The Employer proposes thefollowing procedure;", "samples": [{"hash": "ef6DkVpp0AA", "uri": "/contracts/ef6DkVpp0AA#allocation-of", "label": "Collective Bargaining Agreement", "score": 19.0, "published": true}], "hash": "b80855233dabe94d5b6330e62276578e", "id": 8}, {"snippet_links": [{"key": "purchase-price", "type": "definition", "offset": [0, 14]}, {"key": "equity-price", "type": "clause", "offset": [36, 48]}, {"key": "in-connection-with", "type": "clause", "offset": [54, 72]}, {"key": "the-equity-purchase", "type": "clause", "offset": [73, 92]}, {"key": "other-items", "type": "definition", "offset": [109, 120]}, {"key": "additional-consideration", "type": "definition", "offset": [141, 165]}, {"key": "for-us", "type": "clause", "offset": [166, 173]}, {"key": "applicable-state", "type": "definition", "offset": [187, 203]}, {"key": "income-tax-purposes", "type": "definition", "offset": [214, 233]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [246, 272]}, {"key": "by-buyer", "type": "clause", "offset": [388, 396]}, {"key": "the-company-group", "type": "definition", "offset": [438, 455]}, {"key": "in-accordance-with", "type": "definition", "offset": [456, 474]}, {"key": "the-code", "type": "clause", "offset": [491, 499]}, {"key": "treasury-regulations", "type": "definition", "offset": [505, 525]}, {"key": "allocation-methodology", "type": "definition", "offset": [620, 642]}, {"key": "days-after", "type": "definition", "offset": [656, 666]}, {"key": "the-closing-statement", "type": "clause", "offset": [694, 715]}, {"key": "pursuant-to-section", "type": "definition", "offset": [716, 735]}], "size": 1, "snippet": "Purchase Price . The Final Adjusted Equity Price paid in connection with the Equity Purchase (along with any other items that are treated as additional consideration for U.S. federal and applicable state and local Income Tax purposes (including, for the avoidance of doubt, any liabilities that, for U.S. federal and applicable state and local Income Tax purposes, are treated as assumed by Buyer)) shall be allocated among the assets of the Company Group in accordance with Section 1060 of the Code, the Treasury Regulations promulgated thereunder, and the methodologies set forth in Schedule B-2 attached hereto (the \u201cAllocation Methodology\u201d). Within 60 days after the final determination of the Closing Statement pursuant to Section", "samples": [{"hash": "7u70kF9A8Ja", "uri": "/contracts/7u70kF9A8Ja#allocation-of", "label": "Securities Purchase Agreement (Cal-Maine Foods Inc)", "score": 34.266255989, "published": true}], "hash": "1cb6db8431845575e247e00edf99c287", "id": 9}, {"snippet_links": [{"key": "adjustment-to", "type": "clause", "offset": [61, 74]}, {"key": "capital-accounts-of-the-members", "type": "clause", "offset": [79, 110]}, {"key": "required-by", "type": "definition", "offset": [114, 125]}, {"key": "a-distribution", "type": "clause", "offset": [188, 202]}, {"key": "complete-liquidation", "type": "clause", "offset": [206, 226]}, {"key": "a-member", "type": "clause", "offset": [230, 238]}, {"key": "basis-of", "type": "clause", "offset": [342, 350]}, {"key": "property-of-the-company", "type": "clause", "offset": [351, 374]}], "size": 1, "snippet": "Regulations Section 1.704-1(b)(2)(iv)(m) Adjustments . If an adjustment to the Capital Accounts of the Members is required by Regulations Section 1.704-1(b)(2)(iv)(m)(2) or (4) because of a distribution in complete liquidation of a Member's Interest, the amount of such adjustment shall be treated as an item of gain, if it increases the tax basis of property of the Company, or as an item of loss, if it decreases the tax basis of property of the Company. If Regulations Section 1.704-1(b)(2)(iv)(m)", "samples": [{"hash": "9nWik9L0IZg", "uri": "/contracts/9nWik9L0IZg#allocation-of", "label": "Limited Liability Company Agreement (Sheldahl Inc)", "score": 18.0, "published": true}], "hash": "76bb9fc25d50f0df1042b39832f7e62e", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZhbGxvY2F0aW9uLW9mIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "ALLOCATION OF", "size": 88, "parents": [["indemnification-of-fiscal-agent", "INDEMNIFICATION OF FISCAL AGENT"], ["distributions", "Distributions"], ["definitive-certificates", "DEFINITIVE CERTIFICATES"], ["merger-or-consolidation-of-fiscal-agent", "MERGER OR CONSOLIDATION OF FISCAL AGENT"], ["entire-agreement", "ENTIRE AGREEMENT"]], "children": [["allocations", "Allocations"], ["remic-i", "REMIC I"], ["remic-ii", "REMIC II"], ["reserved", "Reserved"], ["remic-iv", "REMIC IV"]], "id": "allocation-of", "related": [["allocation-of-charges", "Allocation of Charges", "<strong>Allocation of</strong> Charges"], ["allocation-of-realized-losses", "Allocation of Realized Losses", "<strong>Allocation of</strong> Realized Losses"], ["allocation-of-recoveries", "Allocation of Recoveries", "<strong>Allocation of</strong> Recoveries"], ["distributions-and-allocations", "Distributions and Allocations", "Distributions and Allocations"], ["allocations-of-principal-collections", "Allocations of Principal Collections", "Allocations of Principal Collections"]], "related_snippets": [], "updated": "2025-07-07T12:35:11+00:00", "also_ask": [], "drafting_tip": "Specify the subject of allocation to prevent confusion; define allocation criteria to ensure fairness; clarify responsibilities to avoid disputes.", "explanation": "The 'Allocation Of' clause defines how specific responsibilities, risks, or resources are distributed between the parties involved in an agreement. In practice, this clause may specify which party is responsible for costs, liabilities, or the performance of certain obligations, such as maintenance, insurance, or compliance with regulations. Its core function is to clearly delineate duties and exposures, thereby minimizing disputes and ensuring that each party understands their respective roles and obligations under the contract."}, "json": true, "cursor": ""}}