Recovered Costs definition

Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

Recovered Costs means Liquidation Fees, Workout Fees, Special Servicing Fees or interest on Advances or similar amounts previously paid by the Master Servicer from the Collection Account to the extent reimbursed by or on behalf of the Mortgage Loan Borrower pursuant to the Mortgage Loan Documents.

Recovered Costs means all amounts paid or payable to you or us, or any person on their behalf, by the Defendant (or any related party) on account of:

Examples of Recovered Costs in a sentence

• Charges to individuals for services provided are not included in Recovered Costs.

• If an internal service is not provided under General and Financial Administration (i.e., data processing system within Education), the value of services provided to other activities should be treated as Recovered Costs to the activity actually providing the service.

• The activity receiving the service reflects an expenditure under the object Internal Service; the providing activity reflects the revenue from these charges as Recovered Costs.

• If the general government provides a service to an enterprise activity, the enterprise activity should show the fair value of such service as an expenditure (on Form 600) and the general government should reflect that amount as Recovered Costs to the activity providing the service.

• Recovered Costs are those amounts received by a local government from other governmental entities for services the other locality provides them (e.g., payment by the state for housing state prisoners).

More Definitions of Recovered Costs

Recovered Costs means any unreimbursed property protection or servicing Advances and any expenses incurred in enforcing the Mortgage Loan Documents (including, without limitation, servicing Advances payable or reimbursable to any Servicer, and earned and unpaid special servicing fees) and any accrued and unpaid Advance Interest Amount that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

Recovered Costs means all amounts paid or payable to the Client or the Firm, or any person on their behalf, by the Opponent (or any related party) on account of:

Recovered Costs means all amounts paid or payable to You or Us, or any person on Your/Our behalf, by the Company (or any related party) on account of Our Charges, Counsel Fees and/or Expenses. Or, if a Settlement is agreed that does not allocate for or consider the above, an amount equal to an order for Recovered Costs that a Court might reasonably have been expected to make in the Claim. This amount will be determined by Counsel, acting reasonably, or by an experienced costs lawyer agreed between Us and the Company.

Recovered Costs. All amounts paid or payable to you or us, or any person on your or our behalf, by the Defendant (or any related party) on account of:

Recovered Costs has the meaning given to it in Paragraph 4.1B (Disallowable Costs) of Part 2A (Allowable and Disallowable Costs) of Schedule 6 (Finance);

Recovered Costs means all amounts paid or payable to you or us, or any person on their behalf, by the Defendants (or any related party) on account of:

Recovered Costs means all amounts paid or payable to the Client or the Firm, or any person on their behalf, by the Opponent (or any related party) on account of: 1.1.1.1. the Firm Fees; 1.1.1.2. Counsel Fees; and/or 1.1.1.3. other Disbursements, or, if a Settlement is agreed that fails to allocate the amount of the Settlement or compromise to such items, an amount equal to an order for Recovered Costs that a court might reasonably have been expected to make in the Claim [as determined by counsel, acting reasonably], or by an experienced costs lawyer agreed between the parties in accordance with clause 15.3.