Examples of Recovered Amounts in a sentence
Notwithstanding anything to the contrary contained herein, the parties hereby acknowledge that the reinstatement of all or any portion of the Class Principal Balance of any Class of Principal Balance Certificates on any Distribution Date shall be a result of the collection of Recovered Amounts during the related Collection Period and the upward adjustment of the Adjusted Principal Distribution Amount for such Distribution Date as a result of such Recovered Amounts.
Nothing in this Section shall be construed to preclude ROVER from charging to a deferral account for future recovery any amount by which the Fuel Charge of Shipper is above the Fuel Cap (the "Under Recovered Amounts").
Furthermore, in the event that the Funding 1 Recovered Amounts, taken together with the amounts claimed and actually received by the Bank from the Cash Manager under the Deed of Indemnity, exceed the amount claimed by Bank pursuant to this Clause 7(b) (such amount being the “Excess Amount”), the Bank undertakes to pay or to transfer (or procure the payment or transfer of) the Excess Amount to the Cash Manager and, pending such payment or transfer, to hold the Excess Amount on trust for the Cash Manager.
The Under Recovered Amounts shall be recovered from Shipper during subsequent periods when the Fuel Charge is projected to be below the Fuel Cap.
In the event that after any loss is realized by MCE or any Direct Guarantee is drawn upon and allocated, and a Loss Amount is actually borne by Guarantors, if MCE is repaid any or all of such Loss Amounts from the SGB (“Recovered Amounts”), then MCE shall pay such Recovered Amounts to Guarantors who bore such Loss Amounts on a pro rata basis based upon such Loss Amounts borne by such Guarantors.