Common use of Subsequent Recoveries Clause in Contracts

Subsequent Recoveries. (a) The Class Principal Amount of any Class of Notes to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Amount has been reduced to zero) will be increased up to the amount of Subsequent Recoveries for such Payment Date as follows:

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Thornburg Mortgage Securities Corp), Sale and Servicing Agreement (Thornburg Mortgage Securities Trust 2007-2), Sale and Servicing Agreement (Structured Asset Mortgage Investments Ii Inc)

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Subsequent Recoveries. (a) The Class Principal Amount of any Class of Notes Certificates to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Amount has been reduced to zero) will be increased up to the amount of Subsequent Recoveries for such Payment Distribution Date as follows:

Appears in 1 contract

Samples: Trust Agreement (Thornburg Mortgage Securities Trust 2006-4)

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