Net Investment Earnings. With respect to the Certificate Account, the Servicing Accounts or the REO Account or Companion Distribution Account for any period from any Distribution Date to the immediately succeeding P&I Advance Date, the amount, if any, by which the aggregate of all interest and other income realized during such period on funds relating to the Trust Fund held in such account, exceeds the aggregate of all losses, if any, incurred during such period in connection with the investment of such funds in accordance with Section 3.06.

Net Investment Earnings. With respect to any Investment Account for any Collection Period, the amount, if any, by which the aggregate of all interest and other income realized during such Collection Period on funds held in such Investment Account (exclusive, in the case of a Servicing Account or a Reserve Account, of any portion of such interest or other income payable to a Borrower in accordance with the related Mortgage Loan Documents and applicable law), exceeds the aggregate of all losses and costs, if any, incurred during such Collection Period in connection with the investment of such funds in accordance with Section 3.06 (exclusive, in the case of a Servicing Account or a Reserve Account, of any portion of such losses that were incurred in connection with investments made for the benefit of a Borrower).

Examples of Net Investment Earnings in a sentence

Project the total asset and liability cash flows, Net Investment Earnings, and invested asset balances for the purpose of determining the path of Accumulated Deficiencies.
Net Investment Earnings since the prior Valuation Date as defined in Section 5.03.
The Net Investment Earnings are the investment earnings or losses since the prior Valuation Date attributable solely to gains or losses within the Participant’s accounts less any administrative charges payable from or on behalf of (or otherwise chargeable against) the Participant’s accounts under this Plan.
Each such election as it pertains to a Participant’s accounts shall apply to the Participant’s entire interest in the accounts as of the following Valuation Date, except in accordance with an intervening change in election pursuant to this subsection (b), including the allocable share of such accounts in Trust Fund Net Investment Earnings.
Net Investment Earnings are determined for each account as of each Valuation Date.

More Definitions of Net Investment Earnings

Net Investment Earnings. With respect to any Investment Account for any period from any Distribution Date to the immediately succeeding Remittance Date, the amount, if any, by which the aggregate of all interest and other income realized during such period on funds relating to the Trust Fund held in such account, exceeds the aggregate of all losses, if any, incurred during such period in connection with the investment of such funds in accordance with Section 3.8.

Net Investment Earnings means, with respect to any Investment Account for any related Investment Period, the amount, if any, by which the aggregate of all interest and other income realized during such Investment Period on funds held in such Investment Account (exclusive, in the case of a Servicing Account, a Reserve Account or the Defeasance Deposit Account, of any portion of such interest or other income payable to a Mortgagor in accordance with the related loan documents and applicable law), exceeds the aggregate of all losses, if any, incurred during such Investment Period in connection with the investment of such funds in accordance with Section 3.06 (exclusive, in the case of a Servicing Account, a Reserve Account or the Defeasance Deposit Account, of any portion of such losses that were incurred in connection with investments made for the benefit of a Mortgagor).

Net Investment Earnings means, with respect to a Trust Account and any Collection Period, the amount, if any, by which the aggregate of all interest and other income realized during such Collection Period in connection with the investment of funds in Permitted Investments in accordance with Section 5.01(b) of the Sale and Servicing Agreement exceeds the aggregate of all losses and expenses incurred during such period with respect to such funds.

Net Investment Earnings. With respect to the Certificate Account, the Interest Reserve Account, any Servicing Account, any Reserve Account, the Distribution Account or the REO Account (if any) for any Collection Period, the amount, if any, by which the aggregate of all interest and other income realized during such Collection Period on funds held in such account, exceeds the aggregate of all losses, if any, incurred during such Collection Period in connection with the investment of such funds in accordance with Section 3.06.

Net Investment Earnings means in- vestment earnings in the separate ac- count after deduction of any asset charges, including but not limited to, such charges for income tax; brokerage and other investment expenses; mor- tality, expense, and guaranteed death benefit risks; and an investment advi- sory fee, but not including deductions for sales load. However, ‘‘net invest- ment earnings’’ as used in paragraph (c)(4)(i) of this Rule shall not include any amount deducted pursuant to para- graphs (ii) through (viii) of paragraph (c)(4).

Net Investment Earnings. With respect to (i) the Certificate Account, any Servicing Account, any Special Reserve Account, any Reserve Account or the REO Account (if any) for any Collection Period and (ii) the Distribution Account, the Interest Reserve Account, the Additional Interest Account and the Companion Distribution Account (if any) for the related Distribution Date, the amount, if any, by which the aggregate of all interest and other income realized during such Collection Period with respect to the accounts described in clause (i) above and as of such related Distribution Date with respect to the accounts described in clause (ii) above on funds held in such accounts, exceeds the aggregate of all losses, if any, incurred during such Collection Period with respect to the accounts described in clause (i) above and as of such related Distribution Date with respect to the accounts described in clause (ii) above in connection with the investment of such funds in accordance with Section 3.06.

Net Investment Earnings. With respect to each of the Collection Accounts, the Interest Reserve Account, any Servicing Account, any Reserve Account, any REO Account, the Distribution Account, any Loan Combination Custodial Account, the Additional Interest Account and the Gain-on-Sale Reserve Account, for any Investment Period, the amount, if any, by which the aggregate of all interest and other income realized during such Investment Period on funds held in such account, exceeds the aggregate of all losses, if any, incurred during such Investment Period in connection with the investment of such funds in accordance with Section 3.06 (other than losses of what would have otherwise constituted interest or other income earned on such funds).