Common use of Recoveries Clause in Contracts

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 35 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-7), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-7), Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2005-10)

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Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss or Applied Loss Amount, as applicable, has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 26 contracts

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-6a), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-1), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-7)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 17 contracts

Samples: Pooling and Servicing Agreement (CSMC Trust 2007-4), Pooling and Servicing Agreement (HarborView 2006-13), Pooling and Servicing Agreement (Luminent Mortgage Trust 2006-2)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Certificate Principal Balance has been reduced to zero), the Class Certificate Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-10), Pooling and Servicing Agreement (Harbor View Mortgage Loan Trust 2005-14), Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-4)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) or PO Component to which a Realized Loss has been allocated (including any such Class for which the related Class Certificate Principal Balance or PO Component has been reduced to zero), the Class Certificate Principal Balance or the Component Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries allocated to such Class or Component for such Distribution Date as follows:

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Greenwich Dsla Mortgage Loan Trust 2005-Ar1), Pooling and Servicing Agreement (DSLA Mortgage Loan Trust 2004-Ar2), Pooling and Servicing Agreement (DSLA Mortgage Loan Trust 2004-Ar1)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), to the Class Principal Balance of such Class will be increased, up to increased by the amount of related Non-PO Recoveries collected with regard to the related Loan Group allocated to such Class for such Distribution Date as follows:

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Dsla 2007-Ar1), Pooling and Servicing Agreement (HarborView 2007-3), Pooling and Servicing Agreement (HarborView 2006-10)

Recoveries. (a) With respect to any Class of Certificates (other than the Group 1 and Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust Series 2006-3), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), to the Class Principal Balance of such Class will be increased, up to increased by the amount of a Recovery collected with regard to the related Non-PO Recoveries Loan Group allocated to such Class for such Distribution Date as follows:

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Dsla 2006-Ar2), Pooling and Servicing Agreement (Harborview 2006-9), Pooling and Servicing Agreement (Harborview 2006-8)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), to the Class Principal Balance of such Class will be increased, up to increased by the amount of related Non-PO Recoveries collected with regard to the related Loan Group allocated to such Class for such Distribution Date as follows:

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (HarborView 2007-6), Pooling and Servicing Agreement (HarborView 2007-6), Pooling and Servicing Agreement (HarborView 2007-7)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), to the Class Principal Balance of such Class will be increased, up to increased by the amount of related Non-PO Recoveries a Recovery allocated to such Class for such Distribution Date as follows:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (HarborView 2006-Sb1), Pooling and Servicing Agreement (HarborView 2006-11)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated borne (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to increased by the amount of a Recovery collected with regard to the related Non-PO Recoveries Loan Group allocated to such Class for such Distribution Date as follows:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Dsla Mortgage Loan Trust 2006-Ar1), Pooling and Servicing Agreement (Dsla Mortgage Loan Trust 2006-Ar1)

Recoveries. (a) With respect to any Class of Certificates (other than the Group 1 and Class P PP Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1), Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1)

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Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss or Applied Loss Amount, as applicable, has been allocated (including any such Class for which the related Class Principal Balance has been is reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-10)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) or PO Components to which a Realized Loss has been allocated (including any such Class for which the related Class Certificate Principal Balance or PO Component has been reduced to zero), the Class Certificate Principal Balance or the Component Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries allocated to such Class or Component for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-2)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), to the Class Principal Balance of such Class will be increased, up to increased by the amount of related Non-PO Recoveries collected with regard to such Class for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HarborView 2007-5)

Recoveries. (a) With respect to any Class of Certificates (other than the Group I and Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2005-6)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increasedincreased immediately following the distributions made on such Distribution Date pursuant to Section 4.01, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-6)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) or PO Component to which a Realized Loss has been allocated borne (including any such Class for which the related Class Certificate Principal Balance or PO Component has been reduced to zero), the Class Certificate Principal Balance or the Component Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries allocated to such Class or Component for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Dsla Mortgage Loan Trust 2005-Ar5)

Recoveries. (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss or Applied Loss Amount, as applicable, has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will shall be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Adjustable Rate Mortgage Trust 2006-3)

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