Amounts Received definition

Amounts Received with respect to each REO Loan that is a successor to a Serviced Loan (after provision for amounts to be applied to the payment of, or to be reimbursed (1) to the Master Servicer or the Special Servicer for the payment of, the costs of operating, managing and maintaining the related REO Property and (2) to the Master Servicer, the Special Servicer, the Trustee or the Fiscal Agent for the reimbursement of any outstanding unreimbursed Advances on such REO Loan (and predecessor Loan) and interest thereon) shall be treated: first, as a recovery of any amounts withdrawn from general principal collections on the Mortgage Pool in order to reimburse any Workout-Delayed Reimbursement Amounts and Nonrecoverable Advance with respect to such Loan and interest on any such Advance; second, as a recovery of accrued and unpaid interest on such REO Loan at the related Mortgage Rate to but not including the Due Date in the Collection Period of receipt; third, as a recovery of principal of such REO Loan to the extent of its entire unpaid principal balance (to the extent not already reimbursed pursuant to clause first above); and fourth, in accordance with the normal servicing practices of the Master Servicer, as a recovery of any other amounts due and owing in respect of such REO Loan; provided that if the Loans comprising a Serviced Loan Group become REO Loans, amounts Received with respect to such REO Loans shall be applied to amounts due and owing in respect of such REO Loans as provided in the related Co-Lender Agreement. Notwithstanding the foregoing, all amounts payable or reimbursable to the Master Servicer, the Special Servicer, the Trustee, the Fiscal Agent or the Trust in respect of the predecessor Loan as of the date of the related REO Acquisition, including any unpaid Servicing Fees and any unreimbursed Servicing Advances and P&I Advances, together with any interest accrued and payable to the Master Servicer, the Special Servicer, the Trustee or the Fiscal Agent in respect of such Servicing Advances and P&I Advances (including any Unliquidated Advance) in accordance with Sections 3.12(b), 4.03(d) and 4.03A(d), respectively, shall continue to be payable or reimbursable to the Master Servicer, the Special Servicer, the Trustee, the Fiscal Agent or the Trust, as the case may be, in respect of an REO Loan.

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Amounts Received means the aggregate of all amounts received by a Direct Lender, or paid to any third party on behalf of or for the benefit of the Direct Lender, in respect of amounts advanced by or on behalf of the Direct Lender to any of the Joint Debtors, whether received in cash or otherwise and without regard to whether any portion was characterized as interest, dividends, redemptions or profits;

Amounts Received means the amounts net of GST. by us Electronic Message has the same meaning as in the Spam Act Commission means commission, brokerage or fees. E*Trade means the E*Trade Sharebroking Facility as established by agreement between us and E*Trade Australia. Information has the same meaning as in the Privacy Act. Privacy Act means the Privacy Act 1998 (Cwlth) and subsequent amendments Information has the same meaning as in the Privacy Act.

Examples of Amounts Received in a sentence

• If any amount shall, in contravention with the foregoing, be paid to the Subordinated Creditor on account of (i) subrogation, contribution, reimbursement, indemnity or similar right, or (ii) the Subordinated Obligations, then the Subordinated Creditor agrees to act in accordance with Section 2.5 (Payment to Security Trustee of Certain Amounts Received by Subordinated Creditor) hereof.

• If any amount shall, in contravention of the foregoing, be paid to the Subordinated Creditor on account of (i) subrogation, contribution, reimbursement, indemnity or similar right, or (ii) the Subordinated Obligations, then the Subordinated Creditor agrees to act in accordance with Section 2.5 (Payment to Security Trustee of Certain Amounts Received by Subordinated Creditor) hereof.

• No Investment of Amounts Received on Term Assets....................................

• Allocation of Monthly Instalments and Amounts Received The amounts received by the Lender shall be allocated as follows: If there is no default first, to accrued interest; and second, to the repayment of capital.

• No Investment of Amounts Received on Underlying Securities................................18 Section 17.

• Amounts Received for Which No Provision Is Made..................................

• Amounts Received for Which No Provision Is Made........................................

• Payment to Holders of Senior Indebtedness of Certain Amounts Received by Holders of Securities.....................................59 SECTION 12.05.

• Instruction Regarding Payment of Amounts Received in Respect of Treasury Strips...........

• Payment of Senior Indebtedness of Certain Amounts Received by Securityholders...................

More Definitions of Amounts Received

Amounts Received means the amounts net of GST. by us Commercial has the same meaning as in the Spam Act Electronic Message Commencement date means 200_ E*Trade means the E*Trade Sharebroking Facility as established by agreement between us and E*Trade Australia. Personal Information has the same meaning as in the Privacy Act. Privacy Act means the Privacy Act 1998 (Cwlth) and subsequent amendments Sensitive Information has the same meaning as in the Privacy Act.