Examples of Recoveries in a sentence
The amount of any remaining Subsequent Recoveries will be applied to increase the Certificate Principal Balance of the Class of Certificates with the next highest payment priority, up to the amount of such Realized Losses previously allocated to that Class of Certificates pursuant to Section 5.05, and so on.
If we pay a loss to or on behalf of an insured and the insured recovers damages from another person for the same loss, the insured shall hold the amount recovered in trust for us and shall reimburse us as provided under Recoveries.
The provisions Article III (Subrogation and Recoveries), Article V (Governing Law; Dispute Resolution), Section 7.03 (Survival of Rights), Section 8.05 (No Waiver of Immunities) and Section 9.01 (Notices) shall survive the termination of this Agreement.