Common use of Liquidation Expenses Clause in Contracts

Liquidation Expenses. All out-of-pocket expenses (exclusive of overhead) incurred by or on behalf of the Servicer in connection with the liquidation of any Mortgage Loan and not recovered under any insurance policy, including legal fees and expenses, any unreimbursed amount expended (including, without limitation, amounts advanced to correct defaults on any mortgage loan which is senior to such Mortgage Loan and amounts advanced to keep current or pay off a mortgage loan that is senior to such Mortgage Loan) respecting such Mortgage Loan and any related and unreimbursed expenditures for real estate property taxes or for property restoration, preservation or insurance against casualty loss or damage.

Liquidation Expenses. All outOut-of-pocket expenses (exclusive of overhead) that are incurred by or on behalf of the Servicer in connection with the liquidation of any Mortgage Home Equity Loan and not recovered under any insurance policy, including such expenses including, without limitation, reasonable legal fees and expenses, any unreimbursed amount expended pursuant to Section 3.06 (including, without limitation, amounts advanced to correct defaults on any mortgage loan which that is senior to such Mortgage Home Equity Loan and amounts advanced to keep current or pay off a mortgage loan that is senior to such Mortgage Home Equity Loan) respecting such Mortgage with respect to the related Home Equity Loan and any related and unreimbursed expenditures for real estate property taxes taxes, mechanic’s liens, title perfection, property management or for property restoration, preservation or insurance against casualty loss or damage.

Liquidation Expenses. All outOut-of-pocket expenses (exclusive of overhead) which are incurred by or on behalf of the Master Servicer in connection with the liquidation of any Mortgage Home Equity Loan and not recovered under any insurance policy, including such expenses including, without limitation, legal fees and expenses, any unreimbursed amount expended (including, without limitation, amounts advanced to correct defaults on any mortgage loan which is senior to such Mortgage Home Equity Loan and amounts advanced to keep current or pay off a mortgage loan that is senior to such Mortgage Home Equity Loan) respecting such Mortgage the related Home Equity Loan and any related and unreimbursed expenditures for real estate property taxes or for property restoration, preservation or insurance against casualty loss or damage.

Liquidation Expenses. All outOut-of-pocket expenses (exclusive of overhead) which are incurred by or on behalf of the Master Servicer in connection with the liquidation of any Mortgage Home Loan and not recovered under any insurance policy, including such expenses including, without limitation, legal fees and expenses, any unreimbursed amount expended (including, without limitation, amounts advanced to correct defaults on any mortgage loan which is senior to such Mortgage Home Loan and amounts advanced to keep current or pay off a mortgage loan that is senior to such Mortgage Home Loan) respecting such Mortgage the related Home Loan and any related and unreimbursed expenditures for real estate property taxes or for property acquisition, restoration, preservation or disposition, or insurance against casualty loss or damage.

Liquidation Expenses. All outOut-of-pocket expenses (exclusive of overhead) that are incurred by or on behalf of the Servicer in connection with the liquidation of any Mortgage Home Equity Loan and not recovered under any insurance policy, including such expenses including, without limitation, reasonable legal fees and expenses, any unreimbursed amount expended pursuant to Section 3.06 (including, without limitation, amounts advanced to correct defaults on any mortgage loan which that is senior to such Mortgage Home Equity Loan and amounts advanced to keep current or pay off a mortgage loan that is senior to such Mortgage Home Equity Loan) respecting such Mortgage with respect to the related Home Equity Loan and any related and unreimbursed expenditures for real estate property taxes taxes, mechanics liens, title perfection, property management or for property restoration, preservation or insurance against casualty loss or damage.

Liquidation Expenses. All outOut-of-pocket expenses (exclusive of overhead) which are incurred by or on behalf of the Master Servicer in connection with the liquidation of any Mortgage Home Loan and not recovered under any insurance policy, including such expenses including, without limitation, legal fees and expenses, any unreimbursed amount expended (including, without limitation, amounts advanced to correct defaults on any mortgage loan which is senior to such Mortgage Home Loan and amounts advanced to keep current or pay off a mortgage loan that is senior to such Mortgage Home Loan) respecting such Mortgage the related Home Loan and any related and unreimbursed expenditures for real estate property taxes or for property restoration, preservation or insurance against casualty loss or damage.