Common use of Subsequent Recoveries Clause in Contracts

Subsequent Recoveries. (a) The Class Principal Amount of any Class of Notes to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Amount has been reduced to zero) will be increased up to the amount of Subsequent Recoveries for such Payment Date as follows: (i) first, to increase the Class Principal Amount of each such Class of Offered Notes of the related Mortgage Loan Group, pro rata, up to the amount of Realized Losses previously allocated to reduce the Class Principal Amount for each such Class, and (ii) second, to increase the Class Principal Amount of each such Class of Subordinate Notes, in order of seniority, up to the amount of Realized Losses previously allocated to reduce the Class Principal Amount for each such Class. (b) Any increase to the Class Principal Amount of a Class of Notes shall increase the Note Principal Amount of each Note of the related Class pro rata in accordance with the applicable Percentage Interest.

Subsequent Recoveries. (a) The Class Principal Amount of any Class of Notes Certificates to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Amount has been reduced to zero) will be increased up to the amount of Subsequent Recoveries for such Payment Distribution Date as follows: (i) first, to increase the Class Principal Amount of each such Class of Offered Notes Senior Certificates of the related Mortgage Loan Group, pro rata, up to the amount of Realized Losses previously allocated to reduce the Class Principal Amount for each such Class, and (ii) second, to increase the Class Principal Amount of each such Class of Subordinate NotesCertificates, in order of seniority, up to the amount of Realized Losses previously allocated to reduce the Class Principal Amount for each such Class. (b) Any increase to the Class Principal Amount of a Class of Notes Certificates shall increase the Note Certificate Principal Amount of each Note Certificate of the related Class pro rata in accordance with the applicable Percentage Interest.

Subsequent Recoveries. (a) The Class Principal Amount Balance of any Class of any Notes to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Amount Balance has been reduced to zero) will be increased up to the amount of Subsequent Recoveries in any Loan Group for such Payment Date as follows: (i) first, to increase the Class Principal Amount Balance of each such Class of Offered Notes of the related Mortgage Loan Group, pro rata, up to the amount of Realized Losses previously allocated to reduce the Class Principal Amount Balance for each such Class, and (ii) second, to increase the Class Principal Amount Balance of each such Class of Subordinate Notes, in order of seniority, up to the amount of Realized Losses previously allocated to reduce the Class Principal Amount Balance for each such Class. (b) Any increase to the Class Principal Amount Balance of a Class of Notes shall increase the Note Principal Amount of each Note of the related Class pro rata in accordance with the applicable Percentage Interest.. 101