Common use of Recoveries Clause in Contracts

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

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2005-2), Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2005-5), Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2005-11)

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

Appears in 6 contracts

Samples: Pooling Agreement (Harborview Mortgage Loan Trust 2006-1), Pooling Agreement (Harborview Mortgage Loan Trust 2006-Cb1), Pooling Agreement (Harborview 2006-5)

Recoveries. (a) With respect to any Class of Certificates or Principal-Only any Component to which a Realized Loss has been allocated (including any such Class or Principal-Only Component for which the related Class Certificate Principal Balance or Component Principal Balance Balance, as applicable, has been reduced to zero), the Class Certificate Principal Balance or Component Principal Balance of such Class or the Component Principal Balance of such Component, as applicable, will be increased, up to increased by the amount of related Recoveries collected with regard to the related Mortgage Pool (and, with respect to Pool 1, the related Loan Subgroup) allocated to such Class or such Component for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RBSGC Mortgage Loan Trust 2007-B)

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

Appears in 1 contract

Samples: Pooling Agreement (HarborView Mortgage Loan Trust 2005-9)

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

Appears in 1 contract

Samples: Pooling Agreement (Greenwich Capital Acceptance Inc)

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

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc)

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

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-11)

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