Common use of Recoveries Clause in Contracts

Recoveries. (a) The Class Certificate Principal Balance of any Class of 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) will be increased up to the amount of Recoveries for such Distribution Date as follows:

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Corp), Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2007-5), Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2008-1)

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Recoveries. (a) The Class Certificate Principal Balance of With respect to any Class of 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 increased, up to the amount of Recoveries allocated to such Class for such Distribution Date as follows:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Mortgage Loan Trust 2004-1), Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-3), Pooling and Servicing Agreement (FNBA Mortgage Loan Trust 2004 AR1)

Recoveries. (a) The Class Certificate Principal Balance of With respect to any Class of Subordinate 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 Balance of such Class will be increased increased, up to the amount of related Recoveries for such Distribution Date as follows:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2005-B), Pooling and Servicing Agreement (Equity One Abs Inc Mortgage Pass-Through Certificates Series 2004-3), Pooling and Servicing Agreement (Equity One Mortgage Pass-Through Trust 2004-2)

Recoveries. (a) The Class Certificate Principal Balance of any Class of 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) will be increased up to the amount of Recoveries for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Zuni 2006-Oa1)

Recoveries. (a) The Class Certificate Principal Balance of any Class of 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) will be increased up to the amount of Recoveries for such Distribution Date as follows:: 101

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2006-6)

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Recoveries. (a) The Class Certificate Principal Balance of any Class of 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) ), will be increased increased, up to the amount of Recoveries for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2004-2)

Recoveries. (a) The Class Certificate Principal Balance of With respect to any Class of Certificates to which a Realized Loss has been allocated borne (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 by the amount of Recoveries a Recovery collected with regard to the related Loan Group allocated to such Class for such Distribution Date as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (DSLA Mortgage Loan Trust 2005-Ar6)

Recoveries. (a) The Class Certificate Principal Balance of With respect to any Class of 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 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 (HarborView Mortgage Loan Trust 2005-7)

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