Common use of Liquidation Proceeds Clause in Contracts

Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Subsequent Recoveries. Loan Group: Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6 or Loan Group 7, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-1)

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Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Insurance Proceeds and other than Subsequent Recoveries, and (except for purposes of the definition of “Realized Loss”) after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii). Loan Group: Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, 4 or Loan Group 5, Loan Group 6 or Loan Group 7, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement

Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Subsequent Recoveries. Loan Group: Loan Group 1I, Loan Group 2II, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6 III or Loan Group 7IV, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (WaMu Mortgage Pass-Through Certificates, Series 2004-Cb3)

Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Subsequent Recoveries. Loan Group: Loan Group 1I, Loan Group 2II, Loan Group 3III, Loan Group 4IV, Loan Group 5V, Loan Group 6 VI or Loan Group 7VII, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Washington Mutual Mort Sec Corp Pass THR Cert Se 2003-Ar4)

Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Subsequent Recoveries. Loan Group: Loan Group 1I, Loan Group 2II, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6 III or Loan Group 7IV, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Washington Mutual Mort Sec Corp Mor Ps THR Ce Se 03 Ar2)

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Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Subsequent Recoveries. Loan Group: Loan Group 1I, Loan Group 2II, Loan Group 3III, Loan Group 4, Loan Group 5, Loan Group 6 IV or Loan Group 7V, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MSC Mortgage Pass Through Certificates Series 2003-Ar3)

Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Subsequent Recoveries. Loan Group: Loan Group 1I, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6 II or Loan Group 7III, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Washington Mutual MSC Mortgage Pass-Through Certificates, Series 2004-Ra4)

Liquidation Proceeds. Amounts after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii) received and retained in connection with the liquidation of defaulted Mortgage Loans, whether through foreclosure or otherwise, other than any Insurance Proceeds and other than Subsequent Recoveries, and (except for purposes of the definition of “Realized Loss”) after deduction of amounts reimbursable under Section 3.05(a)(i) and (ii). Loan Group: Loan Group 1, Loan Group 2, Loan Group 3, 3 or Loan Group 4, Loan Group 5, Loan Group 6 or Loan Group 7, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement

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