Recovered Amounts definition

Recovered Amounts means all amounts received with respect to receivables in Charged-Off Accounts including without limitation all proceeds from sales of such receivables pursuant to Section 3.02(b).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Recovered Amounts means amounts recovered (by way of payment of debt or damages or otherwise) by National Grid NTS as a result of taking Recovery Steps;

Recovered Amounts means amount(s) recovered by the Province in respect of a Damage to Government Property Claim respecting Damage to Government Property as referred to in Article 15;

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.

• 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.

• 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.

• On that date, automatically and without further action, Discover Funding hereby reassigns to Discover Bank, without recourse, representation, or warranty, all of Discover Funding’s right, title and interest in, to, and under (i) that Receivable, (ii) all Interchange allocable to that Receivable, (iii) all Collections on that Receivable, including any Recovered Amounts and (iv) all proceeds of any of this property.

• The Under Recovered Amounts shall be recovered from Shipper during subsequent periods when the Fuel Charge is projected to be below the Fuel Cap.

More Definitions of Recovered Amounts

Recovered Amounts means the annual payments from industrial users for their share of the federal grant allocable to the cost of treating industrial waste, which is determined by dividing the amount of the total federal grant, allocable to the treatment of industrial waste, by the recovery period.

Recovered Amounts means, (i) for any Receivable that has been charged off as uncollectible, all amounts recovered on such Receivable and (ii) for any Charged-Off Removed Account, all proceeds received with respect to such Charged-Off Removed Account. If Discover Bank and Discover Funding cannot determine whether a recovered amount relates to a Receivable that was sold to Discover Funding or to a receivable that has not been sold to Discover Funding, this term means the amount reasonably estimated by Discover Bank and Discover Funding as having been recovered on the Receivable that was sold to Discover Funding.

Recovered Amounts means that revenue generated as a result of the Industrial Cost Recovery System.

Recovered Amounts means annual payments from industrial users for their share of the Federal grant amount allocable to the treatment of industrial waste, by the recovery period. The first payment by an industrial user shall be made not later than one year after such user begins use of the treatment works.

Recovered Amounts means amounts actually received by the Purchaser, or a member of the Purchaser’s Group, from the W&I Insurer pursuant to the W&I Policy;

Recovered Amounts means any proceeds of realization of Collateral and any payments under any credit agreement and any Third Party Guarantees.

Recovered Amounts shall have the meaning set forth in Section 6.3(a).