Net REO Proceeds definition

Net REO Proceeds. With respect to each Serviced REO Property, REO Proceeds with respect to such REO Property net of any insurance premiums, taxes, assessments and other costs and expenses permitted to be paid therefrom pursuant to Section 3.15(b) of this Agreement.
Net REO Proceeds. As to any REO Mortgage Loan, REO Proceeds net of any related expenses of the Servicer.
Net REO Proceeds. With respect to each REO Property and any related REO Mortgage Loan or REO Companion Loan, REO Proceeds received by the Trust Fund with respect to such REO Property, REO Mortgage Loan or REO Companion Loan (other than the proceeds of a liquidation thereof), net of any insurance premiums, taxes, assessments, ground rents and other costs and expenses permitted to be paid therefrom pursuant to Section 3.16(b) of this Agreement; provided that, in the case of an REO Property that relates to an Outside Serviced Mortgage Loan, “Net REO Proceeds” under this Agreement shall be limited to any REO Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

More Definitions of Net REO Proceeds

Net REO Proceeds. With respect to each REO Property and any related REO Mortgage Loan, REO Proceeds with respect to such REO Property or REO Mortgage Loan net of any insurance premiums, taxes, assessments, ground rents and other costs and expenses permitted to be paid therefrom pursuant to Section 3.17(b) of this Agreement.
Net REO Proceeds means, as to any REO Mortgage Loan, REO Proceeds net of any related expenses of the Servicer.
Net REO Proceeds. With respect to each REO Property and the related REO Loan, REO Proceeds with respect to such REO Property net of any insurance premiums, taxes, assessments and other costs and expenses permitted to be paid therefrom pursuant to Section 3.15(b) of this Agreement (or, with respect to the Non-Serviced Loan Combination, all revenues, net of any insurance premiums, taxes, assessments and other costs and expenses permitted to be paid therefrom pursuant to the UBS-Barclays 2012-C3 Pooling and Servicing Agreement allocated to the Non-Serviced Mortgage Loan pursuant to the related Co-Lender Agreement that are received from the 2012-C3 Issuing Entity).
Net REO Proceeds. As to any REO Disposition, REO Proceeds net of any related expenses of the Servicer.
Net REO Proceeds. With respect to each REO Property and any related REO Mortgage Loan or REO Companion Loan, REO Proceeds with respect to such REO Property, REO Mortgage Loan or REO Companion Loan (net of any insurance premiums, taxes, assessments, ground rents and other costs and expenses permitted to be paid therefrom pursuant to Section 3.16(b) of this Agreement).