Net Recovery definition

Net Recovery. Any proceeds received by a Servicer on a delinquent or Charged Off Loan (including any Liquidation Proceeds received on a Charged Off Loan), net of any Servicing Fee, Ancillary Income and any other related expenses.

Net Recovery means any sum received by the Clearing House from or for the account of a Defaulter after the issue by the Clearing House of a Rule 19 Certificate in respect of losses arising upon the Defaulter’s Default less any amount payable to any insurer or provider of analogous services in respect of any amount due from but not previously paid by the Defaulter

Net Recovery is defined in Section 3.7(f).

Examples of Net Recovery in a sentence

• After the reimbursement of costs and expenses (“Net Recovery”), Virobay will pay to Celera out of Net Recovery an amount equal to [* * *].

• Net Recovery Realized Losses For any Class of Subordinated Certificates and any Distribution Date, the excess of Net Realized Losses for such Distribution Date over the Realized Loss Amortization Amount distributed to that Class on that Distribution Date.

• The Net Recovery shall be considered “Net Sales” for purposes of calculating annual Net Sales in accordance with Milestones 3 and 4 in Section 10.2, below.

• Company will pay each Kicker to Seller within 90 days after actual receipt of the Net Recovery.

• Notwithstanding any provision of this Agreement, a Mortgage Loan may be deemed to be finally liquidated if substantially all amounts expected by the Servicer to be received in connection therewith have been received; provided, however, that the Servicer may continue to pursue recovery of such Mortgage Loan and any Subsequent Net Recovery Amount with respect to any such Mortgage Loan shall be deposited into the Custodial Account.

More Definitions of Net Recovery

Net Recovery means the Covered Person’s Recovery less attorney’s fees and court costs incurred in making the Recovery.

Net Recovery means: 1) the total of all amounts received by settlement, arbitration award or judgment, including any award of lawyer’s fees; 2) minus all costs and expenses as set forth in Paragraph 7. Upon conclusion of the matter, Xxxxxx will provide Client with a written statement stating the outcome of the matter and, if there is a recovery, showing the remittance to Client and the method by which the remittance was calculated. Xxxxxx’s fee shall be calculated as follows:

Net Recovery means the total value received by the City after the payment of attorney fees and costs.

Net Recovery shall have the meaning set forth in Section 10.7.

Net Recovery means the Gross Recovery reduced by the following expenses paid or payable in cash by, or on behalf of, the Payee, to the extent the Plan in its discretion determines them to be necessary to obtain the Gross Recovery, and reasonable in amount:

Net Recovery means the total amount paid or payable to or on behalf of the injured party, less attorney's fees and litigation costs actually expended by or on behalf of the injured party.

Net Recovery means any sum received by the Clearing House from or for the account of a Defaulter after the issue by the Clearing House of a Rule 19 Certificate in respect of losses arising upon the Defaulter’s Default less any amount payable to any insurer or provider of analogous services in respect of any amount due from but not previously paid by the Defaulter"New Member"means, on the day as at which any Contribution is to be calculated, any Clearing Member which either has become a Clearing Member, or has commenced clearing in respect of the relevant Service, since the immediately preceding day prescribed for calculating similar Contributions"Nominated Group Member"has the meaning assigned to it in Chapter XIV(k)"Non-Affected ForexClear Option Clearing Member"means a ForexClear Option Clearing Member that is not an Affected ForexClear Option Clearing Member"Non-Clearing Participant ("NCP")"means, in respect of a Service, a person (a) who is not a Clearing Member in such Service, (b) whom a Clearing Member has appointed as an NCP, in respect of such Service, in accordance with the Procedures, (c) who has been notified to the Clearing House in accordance with Section 1.2.2 of Section 1 of the Procedures, and (d) whose appointment as an NCP, in respect of such Service, has not been terminated in accordance with Section 1.2.3 of Section 1 of the Procedures"Non-Defaulting FXCCM"means an FXCCM which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting Joint Rates Service Clearing Member"means a Joint Rates Service Clearing Member which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting Rates Services Clearing Member"means a Rates Service Clearing Member which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting RCM"means an RCM which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting SCM"means an SCM which is not a Defaulter under Rule 4 of the Default Rules"Non-Eligible Listed Interest Rates Contract"means those Listed Interest Rates Contracts other than Eligible Listed Interest Rates Contracts