Net Recoveries definition

Net Recoveries means gross Recoveries during any Calendar Quarter minus Reimbursable Expenses during such Calendar Quarter.

Net Recoveries has the meaning set forth in Section 2.4(c).

Net Recoveries means, with respect to any Monthly Period, the -------------- excess, if any, of Recoveries collected during such Monthly Period over the ---- aggregate amount of Receivables in Defaulted Accounts charged off during such Monthly Period.

Examples of Net Recoveries in a sentence

• In the event the total allowed claims against the GUC Trust are less than $125 million, the SAT’s share of Net Recoveries will be greater than 40% -- specifically, the SAT’s share of Net Recoveries will be determined by dividing $50 million into the total allowed claims against the GUC Trust.

• To the extent that the Allowed CardConnect Claim is not paid in full by the Cash on Hand, Receivables, Intangibles and the Insider/Affiliate Claims and/or their respective proceeds, the Parties shall share the proceeds from any Net Recoveries (as defined in paragraph E above) from Avoidance Actions, such that the Trustee shall receive 70% of any Net Recoveries and CardConnect shall receive 30% of any Net Recoveries.

• Under the GUC Trust Settlement Agreement, the SAT will be entitled to a distribution equal to at least forty percent (40%) of the Net Recoveries (as defined in the GUC Trust Settlement Agreement), if any, obtained by the GUC Trust in its action pending against certain of the Debtors’ pre-petition lenders (the “Original Lender Litigation”).

More Definitions of Net Recoveries

Net Recoveries means the Cash actually received by the Litigation Trust on account of the Recovery Rights, less the cost of recovering such Cash, including, without limitation, all attorneys’ fees and costs of litigation associated with such Recovery Rights.

Net Recoveries. With respect to any Charged-Off HELOC, Recoveries net of unreimbursed Servicing Fees with respect thereto.

Net Recoveries means the net proceeds of the liquidation of the Assets of the Debtors after payment of all necessary and actual fees and expenses associated with the liquidation of such Assets.

Net Recoveries. With respect to any Charged-Off Mortgage Loan, Recoveries net of unreimbursed Master Servicing Fees with respect thereto.

Net Recoveries means the Cash actually received by the CCG Creditors’ Trust on account of the CCG Recovery Rights, less the costs of recovering such Cash, including,9 without limitation, all attorneys’ fees and costs of litigation associated with such CCG Recovery Rights.

Net Recoveries means, with respect to any ASA Measuring Period, an amount equal to the positive difference (if any) of (a) the amount of Recoveries received in that ASA Measuring Period minus (b) the amount of Receivables that became Write-Offs in that ASA Measuring Period.

Net Recoveries all monies collected by the Seller, the Servicer or any other Person (from whatever source, including, without limitation, from the refinancing of the related Financed Aircraft) on account of a Defaulted Receivable (including, without limitation, from the sale or other disposition of the Financed Aircraft) net of any expenses incurred by the Seller, the Servicer or such Person in connection with the collection on such Defaulted Receivable and the refurbishment, disposition or disposal of the related Financed Aircraft.